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Ferrous scrap: the use of Chinese product in steel production increases in April
In April, scrap utilization per ton of steel production among China's largest steel mills rose for the third consecutive month by another 0.51% to an average of 23.71%. The sample includes both integrated and electric arc furnace (EAF) plants and those with both blast...
Steel: U.S. suspends tariffs on imports from Ukraine
On May 9, the United States suspended Section 232 tariffs of 25 percent on steel imports from Ukraine for one year, underscoring the importance of this industry to the country's economy. "We need to have its back and support one of the most important industries to...
Nickel: the uncertain sustainable supply for the battery market
According to Terrafame CEO Joni Lukkaroinen, while enough nickel is expected to be produced globally to supply the stainless steel and battery markets in the coming years, the question is whether there will be sufficient sustainable supply. Most of the new capacity...
Steel: EU coil prices continue to decrease
EU coil prices continue to fall, but only slightly and slowly, partly because the influence of imports remains limited, despite the large gaps. Even with the addition of the EU import tax, there is still a difference of around 150 euro/ton in April to the benefit of...