ferro-alloys.com:Steel sector of China encounters increasing illegal capacity risks

Vale to restart Onça Puma nickel complex

Many European steel producers have reported significant falls in profits in recent results due to weaker demand for steel during an economic downturn.

Steel hot-rolled sheet prices in Russia’s Central Federal District around Moscow have declined over the week to Monday September 23.

The lackluster demand for steel in foreign markets is likely to weigh on prices after the holiday.

Rebar prices in Russia’s major steel-consuming region fell again this week on weakening demand from end users.

Export prices for pig iron from Brazil have gone down on the influence of weak global scrap pricing and fading demand.

Ongoing steelmaking restrictions continued to support prices for hot-rolled coil in China on Tuesday September 24.