Global insight

EUROPE SECTIONS: Prices keep moving upward on feedstock limitations

Producers have struggled to source enough hot-rolled coil feedstock because of surging prices amid supply tightness.

Thursday, January 14, 2021

President of Indonesia: Focus on downstream nickel industry in the future

Indonesian President Jacques Zoko said, in view of Indonesia’s largest nickel reserves in the world, it is hoped to focus on the development of downstream nickel industry in the next five years.

Thursday, January 14, 2021

Uncertainty about new export tax rebate policy for ferroalloy in India

India’s ferroalloy exporters are still unaware of the benefits of india's new export tax rebate policy, which came into effect on January 1st, because the government has failed to fix new export tax rebates.

Thursday, January 14, 2021

Posco raises January supplementary Mn purchase price

Posco on 16 December secured only about 1,000t of the material, while it planned purchase 5,244t for January delivery.

Thursday, January 14, 2021

Japanese coal burn likely to be at multi-year high

Exceptionally cold weather and low nuclear availability are likely to have lifted Japanese coal-fired generation to at least a four-year high in December.

Thursday, January 14, 2021

Russia boosts ferrous scrap export duty

Russia's government has increased the country's duty on ferrous scrap exports, effective from the end of this month.

Thursday, January 14, 2021

Turkish coal burn to remain firm in 1Q

Turkish coal-fired power output is likely to remain firm in the first quarter as coal units have extended their price advantage against gas-fired plants.

Thursday, January 14, 2021

US HRC: Prices move up on sales, offers

US hot-rolled coil (HRC) prices continued their upward march with mills securing higher sales and aiming for even higher levels.

Thursday, January 14, 2021
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