Argentinian steelmaker Techint is accusing Japanese-based Nippon Steel of orchestrating a move that could completely alter the control of Brazil’s Usiminas, according to a media report. The move began with the “unilateral ...
Tags: Techint, Nippon Steel, steelmaker
Brazil’s crude steel production fell 4.9 percent in June, year-on-year, to 2.6 million metric tons (mt), the country’s steel institute (IABr) said. “We’re seeing the portrait of what was being drawn during the ...
Tags: Brazil, crude steel, Metallurgy, Mineral
Reportedly, steel export prices in the CIS countries are in divergent trends with long steel products sliding, steel billets stable, and finished flats climbing. Market for finished longs is dull. Rebar is mostly traded in between ...
Tags: CIS, Steel Export, Steel Prices, Divergent Trends
It’s reported that Korean steelmaker Hyundai Steel said that its output of finished flat and long products dropped by 6% from a quarter ago in the third quarter of this year, due to facility maintenance and sluggish demand in summer. ...
Tags: Hyundai Steel, steelmaker
The Australian sharemarket closed at a 19-month high as firming expectations of a February interest rate cut helped banking stocks. At the close today, the benchmark S&P/ASX 200 index was 18.3 points, or 0.38 per cent, higher at 4756.6 ...
As per the latest information from our sources at Black Sea, CIS steel export price dynamics for longs and flats is moving into opposite directions. Billet price is rather stable amid weak demand and offers of semis are not going below ...
Reuters reported that London copper was steady and set to log a second week of gains after recent data fuelled hope that the Chinese and US economies have finally turned a corner but the Thanksgiving holiday in the United States drained ...
Tags: London Copper, copper, Chinese and US economies, Thanksgiving holiday