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LME Steel Scrap: contract registers record daily trading volume
Turkey's CFR scrap futures contracts on the London Metal Exchange (LME) recorded a trading volume of 291,500 tonnes on 8 April, a record, according to the latest data. LME CFR Turkey scrap futures trading volumes have grown significantly in recent years, with around...
Steel and aluminium: Turkey restricts exports to Israel
In a decree published on 9 April, the Turkish Ministry of Commerce restricted exports of 54 product groups to Israel, including steel and aluminium. According to the decree, the restricted products include almost all long and flat steel products, steel pipes and...
Long steel: global market outlook is volatile
According to the latest report published by the Global Association of Long Products Producers and Exporters IREPAS, the global steel market continues to be negatively affected by the imbalance between supply and demand, while China's aggressive export policy makes the...
ArcelorMittal completed repair work on Kryvyi Rih blast furnace No. 6
ArcelorMittal Kryvyi Rih, the Ukrainian subsidiary of Luxembourg-based steel producer ArcelorMittal, announced that it has completed repair work on its blast furnace No. 6. The statement said that the repair work lasted 296 days and that the company implemented its...