Deeper discounts on tap for US flat steel contracts
US steelmakers' attempts to correct the oversupply may be swamped by new capacity coming online. |
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. |
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. |
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. |
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. |
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. |
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. |
Japan’s scrap exports recover in August
Exports to the three major destinations — South Korea, Vietnam and Taiwan, China. |
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