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Turkish steel mills study alternatives to reduce billet and raw material imports from Russia
Turkey's steel sector has intensified discussions on imports of billets and raw materials prim e from Russia, fearing the risk of retaliatory sanctions, although sources said there are not many other options for Turkish producers at the moment. "Especially our long...
Industrial metals: Lme closed for Summer Bank Holiday
Lme will be closed today, August 29, 2022 for the Summer Bank Holiday. Trading will resume regularly tomorrow, August 30, 2022. You are unauthorized to view this...
Steel: Chinese market prices will remain stable for the time being
According to the latest monthly report from the China Iron & Steel Association (CISA), Chinese steel prices are expected to remain in a range for the foreseeable future, given market expectations of a new balance between supply and demand. Demand for steel from...
China: policy changes, reduced lending rates to stimulate real estate and steel demand
The real estate sector is an important area of steel consumption, accounting for more than 35 percent of China's annual steel demand. Since the beginning of 2022, most steel market indicators have continued to recover and some of them have grown strongly, but real...