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Asian iron ore spot activity picks up in 2023 as mills sought ...
china iron ore market
Mon, 15 Apr 2024 00:00:00 GMT
Spot activity in the Asian seaborne market for iron ore nudged higher in 2023, a year that saw Chinese steelmakers drift between positive and negative margins, as market participants placed bets on government policies to shore up a post-pandemic economy. As firm demand by Chinese mills pushed the countrys iron ore imports to a record volume of 1.18 billion mt, the quantity of iron ore price data points or heards published by Platts, part of S&P Global Commodity Insights, rose 2.9%

Ukraine: steel billets exports to Turkiye up in February 2024
steel trade ukraine
Thu, 11 Apr 2024 00:00:00 GMT
In February, Ukraine exported 9.69 thousand tons of steel billets to Turkiye. In February 2023, insignifican't volumes were exported (54 tons). In January-February, Ukraine exported 30.68 thousand tons of billets to Turkiye. Ukraine accounted for 7% of Turkiyes steel billets imports. (Ukrainian

Weak sales of finished product impact scrap: Assofermet
italy scrap
Wed, 10 Apr 2024 00:00:00 GMT
The outlook for finished steel product sales remains negative, says Italian steel trade association...

Iron ore nears two-week high on stimulus bets, post-holiday restocking
china iron ore market
Tue, 09 Apr 2024 00:00:00 GMT
Iron ore futures prices climbed on Monday to their highest in nearly two weeks, buoyed by hopes of potential measures to bolster the feeble steel industry in top consumer China and expectations of a wave of post-holiday restocking from the countrys steelmakers. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) DCIOcv1 ended daytime trade 3.19% higher at 791.5 yuan ($109.42) a metric ton, the highest since Mar. 26. The benchmark May iron ore SZZFK4 on the

Belarus: BMZ to increase steel exports to Africa
steel trade ukraine
Mon, 01 Apr 2024 00:00:00 GMT
Belarus Iron and Steel Works intends to supply at least 200 thousand tons of steel to Africa in 2024. Last year, the company exported 140 thousand tons there. As of March, the company was already producing 200 thousand tons of steel per month. (Ukrainian

Imports put strong pressure on rolled metal prices in Europe
europe market steel
Sat, 30 Mar 2024 18:02:03 GMT
Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings

Baltimore bridge collapse will block coal exports
coal trade usa
Wed, 27 Mar 2024 19:52:03 GMT
Last year, the United States exported about 74 million tons of coal, with Baltimore being the second-largest terminal for the

United States Steel (X) Registers a Bigger Fall Than the Market: ...
market steel usa uss
Sat, 23 Mar 2024 13:04:11 GMT
United States Steel (X) Registers a Bigger Fall Than the Market: Important Facts to Note

The importance of welding procedure specification (WPS)
Thu, 21 Mar 2024 13:15:00 GMT
Greg Sieperts recent discussion on welding acronyms has led him to dive deeper into one of the more important ones used by welders: welding procedure specification (WPS). This documentation (or recipe of a weld) make up the paper trail of a completed

US-Ukraine: balance of iron and steel trade
production steel ukraine
Thu, 21 Mar 2024 10:00:00 GMT
Existing trade barriers for Ukrainian steel products limit the possibility of restoring the production of steel

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