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Ferrous scrap: Ukraine increases purchases as exports rise
Ukrainian steel mills increased purchases of ferrous scrap in February compared to January, according to the Ukrainian secondary metals association, UAVtormet. The volume purchased increased 51.6 percent over the month to 60,500 tons, but was down 51.6 percent from a...
Steel: Dunaferr restarts hot strip plan
Dunaferr has restarted its hot strip mill after a three-month shutdown. This was announced by a spokesman for Liberty Steel, which operates the insolvent Hungarian steel mill. This follows the restart of blast furnace No. 2 and the cold rolling mill last month. The...
HRC steel: European producers keep bids high despite reduced activity
Hot-rolled coil HRC prices remained broadly stable in Europe on Monday, March 20, with producers staying positive thanks to strong order books. Trading volumes were limited in the region, with bookings mainly for small lots. Buyers remained cautious about recent price...
Ferrous/nonferrous market: Turkish exports negatively affected by earthquake and uncompetitive energy prices
Çetin Tecdelioğlu, chairman of the board of directors of the Istanbul Association of Ferrous and Nonferrous Metals Exporters (IDDMIB), spoke about the effects of earthquakes in the southeastern region and market conditions on Turkish exports in early February. In the...