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Wire rod: Turkish exports increase by 7%
Turkish steel mills' wire rod exports in the first quarter of 2022 increased by 7% year-on-year to 300,000 tons due to increased demand from the EU. According to the latest data, despite a 12 percent year-on-year decline, Israel remained the top destination for...
Scrap: Spanish market prices correct from highs
Scrap prices in Spain continued to fall in May. The market recorded a new 20 euro/ton correction Friday with some market sources predicting a continuation of the downward trend in June. The correction followed the deceleration of the international market. Prices have...
Steel: European prices slow due to falling demand
The rapid escalation in European steel prices caused by Russia's invasion of Ukraine faltered in late April and early May. Stocks all along the supply chain were full as a result of the initial panic. Thereafter, demand slowed and several other factors contributed to...
Rare earth: second largest resource identified in the United States
NioCorp Developments’ Elk Creek project in southeast Nebraska can be considered the second largest rare earth resource in the United States, second only to MP Materials’ Mountain Pass rare earth deposit. The discovery follows an updated feasibility study...