In November alone, production of finished steel reached over 1.82 million tonnes.

Europe may continue to dominate US thermal coal exports in 2023 but demand for high-sulfur coal may wane.

However, the net debt to equity ratio of steel companies is still significantly better than in the 2010-2019 period.

Finished Import Market Share YTD at 24%

This has been a year of crisis for the nickel market.

"Pretty much everyone accepts the current level [of premiums] is the new reality", a trader said.

Finished Import Market Share Estimated at 23 Percent in December.

The domestic demand forecast was cautiously optimistic, according to market sources, led by stronger increased spending for the infrastructure market.