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Metal scrap: Turkish imports increase by 7% in January
According to the Turkish Steel Producers Association, Turkish scrap imports amounted to 1.36 million tonnes in January, up almost 7% month-on-month and down 46.2% year-on-year. The value of imports in the first month of the year dropped 49% year-on-year to $509m. The...
Steel: Italian service centres report a shortage of flat products with sustained demand
Some Italian service centres complain of a structural shortage for steel flat products as well as certain types of plates and sheets. Demand from end users, however, is said to be strong. Two service centres claim that the first quarter results will be better than...
Kuusakoski plans to build a carbon-free steel recycling plant
Finnish scrap processing company Kuusakoski has announced plans to invest EUR 25 million in the construction of a carbon-free steel recycling plant in Veitsiluoto to meet the growing demand for recycled metals in the domestic market and in Sweden. The plant, which is...
Crude steel and cast iron: Mechel’s production increased in 2022
Mechel, Russia's leading mining and steel producer, announced its production and sales results for the fourth quarter and full year. In the fourth quarter, Mechel produced 878,000 tonnes of crude steel, an increase of 6% compared to the third quarter. The company's...