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Ferro-Molybdenum Falls In Rotterdam After The Rally: Liquidations And Global Pressures
The European ferro-molybdenum market recorded a sharp reversal mid-week, with prices declining in Rotterdam despite intense buying activity from end users. After last week’s rally, the current phase appears dominated by profit-taking, cooling US demand and weaker...
Ternium Accelerates In Mexico: New Facilities In Pesquería And Anti-Import Strategy
Ternium’s industrial strategy enters a new phase. The Luxembourg-based steel group has announced the start of production at the new cold-rolling mill and galvanizing line at its Pesquería plant in Mexico, thus completing a fundamental step in its downstream expansion...
US Steel Between Price Stability And Cost Pressures: Rebar And Wire Rod Toward A Decisive Spring
The US long steel market is approaching spring with a delicate balance between domestic price stability, pressure on raw material costs, and growing uncertainty related to imports and tariffs. The latest assessments show a complex but overall constructive picture,...
US Ferrous Scrap: Stable Prices Despite Weak Turkish Demand
The US ferrous scrap export market maintained surprising stability in mid-February despite weak Turkish finished steel demand. Two additional East Coast cargoes emerging on February 18 were sold at $375 per tonne CFR Turkey for HMS 1&2 (80:20), while shredded and...