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US Steel said it is raising its US flat-rolled steel spot pricing by $40/st effective immediately, without mentioning any target base prices.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 137.1 million tonnes (Mt) in April 2020, a 13.0% decrease compared to April 2019.

April global steel output drops 13% on year hit by coronavirus pandemic.