Asian Stainless Steel Under Pressure: Freight Costs Slow Exports From China, Taiwan And Southeast Asia
The Asian stainless steel market went through a complex week, marked by a clear slowdown in export activity from East Asia and Southeast Asia. In the week ended Wednesday June 10, the main pressure factor did not come only from industrial demand or from the trend in...
Steel Between Europe And The United States: Stable Prices In Coated Coils, But The Global Market Remains Under Pressure
The international steel market is moving along two very different but closely connected directions. On one side, Europe shows a phase of apparent stability in domestic prices for cold-rolled coils and hot-dipped galvanized coils. On the other, the United States...
US Steelmaking Raw Materials: DRI Rising, Scrap Stable And Pig Iron Supported By Scarcity Of Prime Scrap
The US market for steelmaking raw materials continues to move in a complex equilibrium, where the availability of quality scrap, the trend in automotive production, coil prices and maritime logistics are directly influencing steel mills’ procurement choices. The...
NCM Black Mass In Asia: South Korea At Highs, Southeast Asia Under Pressure
The Asian NCM black mass market is moving at two speeds. In South Korea, payables for nickel-cobalt-manganese materials strengthened in the week to Thursday June 10, supported by deals on United States-origin material and by active demand from major battery recyclers....
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