Relevant News
AISI: US Steel Imports Down 4.1% In September vs. August
Finished Import Market Share YTD at 22%. |
US Steel boost HRC prices to $900/st
US Steel's cold-rolled coil (CRC) pricing was increased to $1,150/st. |
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. |
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. |
Nucor drops plate prices by $140/st
Electric arc furnace (EAF) steelmaker Nucor is dropping its discrete plate prices by $140/short ton (st). |
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. |
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 |
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. |



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