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US HRC steel prices rise to highest level since October 2008
[Ferro-Alloys.com] US hot-rolled coil prices continued to rise Friday and are now at a high not seen since October 2008. |
Steel mill spreads in China, US hit records in May
[Ferro-Alloys.com] Steel to raw materials spreads in China and the US continued to rise in May, after increases over the past three months. New record highs were seen, as spreads surpassed a peak last year in indicative margins. |
Japan's April steel exports fall for 15th straight month to 9-month low
[Ferro-Alloys.com]Japan's steel exports fell 5.5% year on year to 2.84 million mt in April, making the fifteenth consecutive month of year-on year-decline and hitting a nine-month low, Japan Iron & Steel Federation data released Thursday showed. |
Japanese steel group cheers reports of potential US tariff retaliation
[Ferro-Alloys.com]The US-based Japan Steel Information Center on Thursday welcomed reports that Japan is considering retaliation against the US as a result of the US' 25% tariff on steel imports. Citing unnamed government officials, Japanese media outlets repo... |
Global copper market sees 33,000 mt surplus in January: ICSG
[Ferro-Alloys.com] The global refined copper market showed a small surplus of 33,000 mt in January, largely due to an increase in mine production, analysts with the International Copper Study Group said Thursday. |
German steelmaker Salzgitter lifts 2018 profit forecast
[Ferro-Alloys.com]Germany's Salzgitter has lifted its 2018 forecast up to Eur250 million-Eur300 million in pre-tax profit on the back of a stronger-than-anticipated start to the year, the steelmaker said. |
Kobe Steel under investigation in Japan for data tampering
[Ferro-Alloys.com]Kobe Steel is currently under investigation by Japanese authorities in relation to the company's data falsification scandal that erupted in October, Kobe Steel said in a statement Wednesday. |
Use of molybdenum is also increasing in steel and specialty chemical application.
[Ferro-Alloys.com]The global molybdenum market is set to exhibit a steady growth between 2017 and 2026, and revenues are expected to surpass US$ 350,000 Mn by the year 2026, according to the recent report published by Future Market Insights (FMI). |
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