HRC lead times in the Midwest increased to 4 weeks from 3-4 weeks.

This week, the ferrosilicon market maintained stable. The Futures market fluctuated after last week's rise.

The location of the second planned mill has not been announced.

Most of the capital goods in China posted lower prices in late October compared with mid-October, official data showed Friday.

At present, of the 17,244 tonnes of on-warrant nickel in LME warehouses in Rotterdam, briquette accounts for more than 92%.

Earlier this year, the association had forecast steel demand to drop by 1.7% in 2022.

Fastmarkets sources continued to insist that prices were in parity, as rare as the phenomenon is.

A high backwardation continued to dampen import appetite, leading to thin liquidity, although offers were quoted higher.