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Stainless steels: Russian imports up 11.4 percent in December on a monthly basis
According to Russia's SpetsStal association, Russian imports of stainless steel totaled 30,100 tons in December, up 11.4 percent from November. In volume terms, Russian imports of cold-rolled stainless steel, long stainless steel, seamless pipes, and stainless wire...
HRC steel: production cuts support upward trend
European hot-rolled coil producers are aiming for higher prices, and reduced supply in the region could support the upward trend. Several sources reported that European mills are offering HRC to the market with delivery in early March. But buyers expect delivery...
Scrap metal: price increase expected in Italy
Italian steel mills will pay more for domestic and imported scrap in January. This week the scrap market resumed work after the Christmas vacations. Steel mills also resumed production and sales on Monday and are looking for material. Steel mills will start buying...
Wire rod steel: Brazilian exports rise in December
According to customs data, wire rod exports from Brazil increased to 8,800 tons in December from 7,200 tons in November. November exports were made by ArcelorMittal (7,200 tons at $911/ton), Simec (900 tons at $976/ton) and Gerdau (700 tons at $675/ton). The...