Deeper discounts on tap for US flat steel contracts

US steelmakers' attempts to correct the oversupply may be swamped by new capacity coming online.

Tuesday, October 11, 2022

US ferrous: Detroit bids widen prime/shred spread

Machine shop turnings price indications are expected to emerge later, but a sideways trend would leave prices at $130/gt.

Tuesday, October 11, 2022

Peru's mining exports edge down in Jan-Aug

Peru’s mining exports fell in the first eight months, the first accumulated year-on-year drop in 2022.

Tuesday, October 11, 2022

Cosan acquires 4.9% of miner Vale, plans to buy more

SAO PAULO - Brazilian conglomerate Cosan said on Friday it had acquired a 4.9% stake in Vale and intends to increase its bet in the mining company.

Monday, October 10, 2022

AISI Releases September SIMA Imports Data

It was a 9.2% decrease from the 2,485,000 permit tons recorded in August and a 10.1% decrease from the August final imports total of 2,510,000.

Monday, October 10, 2022

AISI: US Raw Steel Production in the week ending on October 1, 2022

In the week ending on October 1, 2022, domestic raw steel production was 1,700,000 net tons while the capability utilization rate was 77.1 percent.

Monday, October 10, 2022

AISI Releases Annual Statistical Report For 2021

The report highlights that, in 2021, shipments from domestic steel mills measured 94.7 million net tons (NT), up 16.9 percent from the previous year.

Monday, October 10, 2022

Japan’s scrap exports recover in August

Exports to the three major destinations — South Korea, Vietnam and Taiwan, China.

Monday, October 10, 2022
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