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Ferrous scrap: the Italian market is still waiting
The Italian scrap market remains in the doldrums this week, with few or no sales and mills rejecting offers from dealers at higher prices. The trend in other European countries seems to be for a 40-50 €/tonne ($43-54/tonne) month-on-month increase, due to strong...
Iron ore: AMKR increases production ahead of production restart
ArcelorMittal Kryvyi Rih (AMKR) will increase production of iron ore concentrate to 500,000 tonnes in April ahead of the resumption of steel production. Plans for a gradual increase in iron ore concentrate, which is directly linked to the company's plans to...
Steel: the european coil market remains stable
The coil market in the EU has remained stable over the past 20 days, with demand subdued in the wake of the recent price rally, although new uncertainties regarding sanctions and energy costs are still lurking. Demand reports have been mixed among storage operators...
Steel: prices in China could rise to new highs in April
In April, prices of most Chinese steel products could reach new highs for this year. Central government policies to stimulate economic growth should start to take effect, domestic steel demand should recover from the COVID-19 disruptions, and demand for Chinese steel...