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Iron ore weakens amid waning China stimulus hopes, high portside ...
iron ore market singapore
Tue, 23 Apr 2024 00:00:00 GMT
Iron ore futures prices ticked lower on Monday, weighed down by diminishing hopes of more stimulus in top consumer China, high portside stocks, and risks of possible government intervention after a price rally last week. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 0.06% lower at 866.5 yuan ($119.63) a metric ton, following a rise of more than 5% last week. The benchmark May iron ore on the Singapore Exchange was 0.34% lower at


Fortescue Ltd. Sponsored ADR (FSUGY) Upgraded to Strong Buy: ...
fmg results
Mon, 22 Apr 2024 16:00:10 GMT
Fortescue Ltd. Sponsored ADR (FSUGY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near


Zekelman Industries to invest $120 million in Arkansas expansion
tube
Mon, 22 Apr 2024 11:25:00 GMT
Independent steel pipe and tube manufacturer Zekelman Industries will invest up to $120 million to expand the manufacturing capabilities and product offerings of its subsidiary, Atlas Tube, in Blytheville, Ark. The project will allow the company to manufacture inline steel tube


Ukraine: maritime corridor boosts metal exports
steel trade ukraine
Mon, 22 Apr 2024 00:00:00 GMT
The metal industry of Ukraine is gradually reviving with the launch of the alternative maritime corridor. In Q1, pig iron manufacture grew by 32.1% YoY, rolled metal by 35.5% and steel by 36.6% YoY. Exports increased by 61.8%, to 1.02 million tons. (Ukrainian


Ukraine Slovakia: what trade between the countries looks like
iron ore ukraine
Mon, 22 Apr 2024 00:00:00 GMT
Since the start of the war, Slovakia has supported Ukraine by increasing its iron ore consumptio


UK TRA recommends extension of steel safeguard measures
steel
Mon, 22 Apr 2024 00:00:00 GMT
The UK Trade Remedies Authority (TRA) proposes a two-year extension to protect the countrys steel...


Imports put strong pressure on rolled metal prices in Europe
europe market steel
Sun, 21 Apr 2024 01:54:02 GMT
Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings


The 3 Best Steel Stocks to Buy as Biden Talks Tripling Tariffs
steel trade
Sat, 20 Apr 2024 07:28:09 GMT
The 3 Best Steel Stocks to Buy as Biden Talks Tripling Tariffs


Steel Rebar Market April 2024: Marginal Rise in US and China ...
china market steel
Fri, 19 Apr 2024 16:12:00 GMT
As of April 12th, Steel Rebar in the US domestic market saw a slight increase, partly influenced by boosted exports from countries like


Tranter contributes to fossil fuels reduction in steel production
dri germany ghg production
Fri, 19 Apr 2024 00:00:00 GMT
Tranter has secured an order for a cutting-edge direct reduced iron (DRI), green steel plant set to be constructed in Germany. The DRI plant reduces its carbon footprint significantly by using green hydrogen and carbon


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