Japan's ferrous scrap exports continued to recover in April on sustained demand from South Korea.

US domestic raw steel production in the week ending on June 4, 2022 down 3.2 percent.

Brazil produced 2.9 Mt, down 4.0%. Iran is estimated to have produced 2.2 Mt, down 20.7%.

Offers were heard in a wide range between $1,150-1,300/st, with most in the $1,200/st range.

The government has laid out a multi-pronged approach to help Zimbabwe’s mines scale up production as industry executives indicated that the scale of capital required to bolster operations was too huge for domestic lenders.

Trek accelerates battery metals strategy with WA manganese acquisition

Iron-ore extends gains above $140 on optimism for China demand

The reading, released every 10 days, is based on a survey of nearly 2,000 wholesalers and distributors in 31 provincial-level regions.