The company also raised its minimum hot rolled coil (HRC) price to $1,300/st.

ArcelorMittal had planned to offset the shortfall in slab from Gijon with Dunkirk material, but may need to alter this plan.

US and imported rebar prices were mostly flat this week.

A key steel product with a significant import increase in February compared to January was line pipe (up 35%).

The company also raised its minimum hot rolled coil (HRC) price to $1,300/st.

The American Iron and Steel Institute (AISI) reported that for the month of February 2023, U.S. steel mills shipped 6,917,842 net tons.

Antam and CBL are due to conclude the nickel deal in October.

Nickel Asia Corp. is considering partnership opportunities for the construction of the Pujada nickel project in Davao Oriental.