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World Crude Steel Production: January Trends and Analysis
The World Steel Association (worldsteel) has released the report on global crude steel production for January. According to the released data, global production reached 151.4 mln tons, registering a 4.6 percent increase over the previous month. However, on a...
Duties: A Suspected Temporary Relief for Importers and Exporters.
Many U.S. importers, exporters and companies can breathe a sigh of relief, albeit temporary, after learning that President Trump’s planned reciprocal tariffs will not be introduced this week. However, uncertainty remains high, and the world of international...
Crises and Opportunities in the Iron, Steel and Automotive Markets: A Global Picture
International iron ore prices have shown signs of recovery from the lows recorded in the first weeks of 2024. Beginning in the second half of January, prospects for new economic stimulus from the Chinese government and declining supplies from Australia and Brazil...
Slight Improvement in Market Sentiment in the Steel Sector
The latest survey conducted by the European distributors’ association EUROMETAL in January showed a slight improvement in market sentiment, although expectations regarding future activity, inventory levels and prices remained largely unchanged. Although the...