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Coal: U.S. production drops 6% on a weekly basis
Weekly U.S. coal production fell below 10 million tons for the first time since Jan. 8 in the week ending April 23. Total seven-day production for the week stood at 9.9 million tons, down 6 percent and about 631,000 from production for the week ended April 16....
London Metal Exchange (LME) will be closed on 2 May 2022 for the Early May Bank Holiday
The London Metal Exchange (LME) will be closed on 2 May 2022 for the Early May Bank Holiday. Trading will resume as normal on 3 May. The Shanghai Stock Exchange will also be closed on 2-3-4 May 2022 (Labour Day). Trading will resume as normal on 5 May...
Steel: Polish market concerned about gap between supply and demand
According to the president of the Polish Steel Association (HIPH) Stefan Dzienniak, the gap between rising Polish steel consumption and stagnating domestic production is widening, at a time when the looming energy transition will require more steel for projects in...
Ferrous scrap : high cost prevents scrapping of military equipment
According to the Ukrainian scrap metal association UAVtormet, the cost of converting a tank or armoured vehicle into ferrous scrap for steel production is prohibitive. A number of costly operations have to be carried out, which may exceed the price of the raw material...