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Ferrous Scrap In China: Domestic Market Strengthens, But Imports Remain Weak
China’s ferrous scrap market went through August with two diverging dynamics. Domestic prices strengthened at the upper end of the range, supported by tighter material availability, rising steelmaking costs and improved margins at electric-arc furnace mills. The...
Ukrainian Steel Industry Under Attack, Kamet Steel Halts Production Completely
Ukrainian steelmaking capacity suffered another serious blow on September 5, when Kamet Steel and the Dnipro Metallurgical Plant, both located in the Dnipropetrovsk region, were struck by Russian missile attacks, according to official announcements from the two...
Northern European Stainless Steel: Higher Alloy Surcharges Fail To Stop Price Decline
The Northern European stainless flat steel market continues to move under pressure from weak demand. In the month ended September 7, prices for grade 304 and 316 cold-rolled sheet declined despite the moderate increase in alloy surcharges announced by mills for...
Sulfuric Acid: China Raises Ceiling To 1,721 Yuan, But Market Remains Near 1,350
China has raised to 1,721 yuan per tonne, equivalent to about $256, the indicative maximum price for sulfuric acid sold by copper smelters to fertilizer producers for September. The increase is significant: 166 yuan per tonne, or 10.7%, compared with 1,555 yuan in...