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HRC steel: European producers keep bids high despite reduced activity
Hot-rolled coil HRC prices remained broadly stable in Europe on Monday, March 20, with producers staying positive thanks to strong order books. Trading volumes were limited in the region, with bookings mainly for small lots. Buyers remained cautious about recent price...
Steel: Ekinciler restarts production at full capacity after earthquake
Large Turkish steelmaker Ekinciler Demir Celik has restarted production of long steel products after being interrupted by the Feb. 6 earthquakes. Ekinciler has a capacity of 1.25 million tons of liquid steel and produces billet and rebar from 8-50 mm. Most steel mills...
Ferrous scrap: in Italy prices show a stable lateral upward trend
According to a statement by the Italian association of scrap, raw materials and steel distributors Assofermet, italian prices for Italian scrap remained unchanged in February. Last week’s tight supply caused the prices of many types of scrap to rise, with calls...
Iron ore: BHP signs contracts with Shandong ports for yuan-settled business
Global mining company BHP has signed contracts with Shandong ports, which account for about a quarter of China’s annual iron ore production, to settle iron ore spot trade in yuan this year. All four of the world’s major iron ore producers are now working...