Nucor keeps plate pricing flat

Plate prices have remained flat during the same time period, creating a spread that is now $750/st.

Wednesday, July 5, 2023

India's Vedanta begins strategic review of steel assets

Indian private-sector resources firm Vedanta has announced a strategic review of its steel and steel raw materials business, including potential sale of some assets.

Wednesday, July 5, 2023

AM’s Fos steelworks to shut indefinitely in 6-8 weeks

ArcelorMittal, Europe's largest steelmaker, says the process to shut down the French steelworks is "well under way", with the process taking 6-8 weeks in total owing to its complexity.

Tuesday, July 4, 2023

Vietnamese steel prices drop for 10th straight month in May

Sales of the products in May increased by 26.08% month-on-month to 927,618 tonnes but were unchanged compared to the same period last year.

Monday, July 3, 2023

Cape Gate to pay R1.38m settlement, but does not admit to contravening the Competition Act

The agreement settles the dispute between the Competition Commission and Cape Gate in terms of which the commission alleges that Cape Gate contravened a section of the Competition Act by fixing the price and trading conditions and dividing the market for long ...

Monday, July 3, 2023

Fortescue, China Baowu Steel Group enter agreement to reduce emissions

Fortescue, one of the world's largest iron ore miners, has signed a Memorandum of Understanding (MoU) with China Baowu Steel Group Corporation to work together on reducing emissions associated with iron and steel making.

Friday, June 30, 2023

Means of production prices rise in China

Most of the capital goods monitored by China's statistical authorities registered higher prices in mid-June compared with early June, official data showed.

Friday, June 30, 2023

AISI: US Steel Imports Down 2.6% In May vs. April

Finished Import Market Share YTD at 22%.

Friday, June 30, 2023
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