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Steel: US imports up 31% in March
According to preliminary data from the US Department of Commerce on 26 April, total US steel imports in March rose 31% from the previous month, with shipments of wire rod, hot-rolled coils and most major product categories increasing. The US imported 2.80 million...
Metal scrap: Poland seeks EU-wide monitoring
Poland's Minister for Economic Development and Technology Waldemar Buda has written to the European Commission calling for an EU-wide discussion on the problems facing the steel industry, in particular the availability of raw materials for scrap. The industry has been...
Steel rebar: German construction slows as prices rise
Construction companies in Germany are facing declining orders, suspension of ongoing activities and planned project stoppages. According to a survey published by the construction association Bauindustrie, 30-40% of member companies report actual suspensions, and up to...
Ferrous scrap: chinese inventories fall to two-year lows
Ferrous scrap inventories at China's major steel mills, which include both blast furnaces and electric arc furnaces (EAFs), fell for the seventh consecutive week by another 89,300 tonnes or 3.7% from the previous week to 2.3 million tonnes, a new low since July 2020....