In the week ending on October 28, 2023, US domestic raw steel production was 1,707,000 net tons while the capability utilization rate was 74.3 percent.

Finished Import Market Share YTD at 22%.

"Prices could test levels not seen since the early stages of the [Covid-19] pandemic," a German trading company said.

US Steel's cold-rolled coil (CRC) pricing was increased to $1,150/st.

October is the strongest volume month for the CME Group's North European hot-rolled coil (HRC) contract since February of this year.

Electric arc furnace (EAF) steelmaker Nucor is dropping its discrete plate prices by $140/short ton (st).

China will play an even more critical role for us in developing the renewable technology in solar and wind and getting that cost down

Domestic steel consumption grew strongly in the first half of the financial year in a clear signal that Indian manufacturing continues on a robust growth path despite global headwinds.