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Ferrexpo's second-quarter output jumps
Ukraine-focused miner Ferrexpo posted an 18% jump in second-quarter production from the previous quarter, buoyed by stable production from first pelletiser line and initial contribution from second line after resumption in February. |
Ternium restarts Mexico mine operations after hiatus when activists disappeared
Steelmaker Ternium said on Wednesday it had resumed operations at an iron-ore mine in Mexico after a more than five-month hiatus sparked by clashes between the firm and local community over the disappearance of two environmental activists. |
Steel prices are expected to rise
Steel prices are expected to rise again soon. |
US Scrap Trends Outlook: July
North American steel scrap prices could face their third consecutive month of decline across all grades in July as traditional summer production slowdowns hinder demand. |
AISI: US Raw Steel Production in the week ending on July 1, 2023
Broken down by districts, here’s production for the week ending July 1, 2023 in thousands of net tons: North East: 137; Great Lakes: 563; Midwest: 215; Southern: 758 and Western: 67 for a total of 1740. |
Four takeaways from the Global Steel Dynamics conference
Taking center stage this year were questions over premiums on and standards for green steel, carbon tariffs at the border, the stability of scrap supply in the US and hydrogen’s promising role in decarbonizing steel production. |
Exports in May 2023: -0.1% on April 2023
Exports in May 2023: -0.1% on April 2023 |
Nucor keeps plate pricing flat
Plate prices have remained flat during the same time period, creating a spread that is now $750/st. |
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