Relevant News

Europe stainless scrap price pressure to grow

"Prices could test levels not seen since the early stages of the [Covid-19] pandemic," a German trading company said.

Tuesday, October 31, 2023

US Steel boost HRC prices to $900/st

US Steel's cold-rolled coil (CRC) pricing was increased to $1,150/st.

Tuesday, October 31, 2023

CME EU HRC volumes at highest level since February

October is the strongest volume month for the CME Group's North European hot-rolled coil (HRC) contract since February of this year.

Tuesday, October 31, 2023

Nucor drops plate prices by $140/st

Electric arc furnace (EAF) steelmaker Nucor is dropping its discrete plate prices by $140/short ton (st).

Tuesday, October 31, 2023

Glencore cuts 2023 nickel guidance as strikes hit production

Glencore announced on Monday it has reduced its nickel production guidance for this year by 9% to approximately 102,000 metric tons due to maintenance and strikes.

Tuesday, October 31, 2023

Fortescue buoyant on China iron-ore as it advances green pivot

China will play an even more critical role for us in developing the renewable technology in solar and wind and getting that cost down

Tuesday, October 31, 2023

India’s steel use bucks global slump to rise 15% in first half

Domestic steel consumption grew strongly in the first half of the financial year in a clear signal that Indian manufacturing continues on a robust growth path despite global headwinds.

Monday, October 30, 2023

Industry association sees steel demand recovering in 4th quarter

It attributed its optimism to growth-stabilizing policies and rising demand from fields like new energy vehicles and solar energy.

Monday, October 30, 2023
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