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Chinese steel market moves upward
Domestic steel prices have gained momentum this week thanks to the strong positive sentiment experienced in the domestic market.Meanwhile, HRC's exports have remained limited, while Rebar's offers have increased with better domestic margins. A surge in interest in...
Peru’s mining production flexes for the seventh consecutive month
Peru's mining and oil and natural gas sectors saw a 12.22% drop in production in September 2020, compared to the same month the previous year. In a report entitled Conjunctural Advancement of Economic Activity, the country's National Institute of Statistics and...
Iron ore prices get lighter
Despite fluctuations, Chinese iron ore prices fell overall last week as the ore became more readily available. Demand is relatively stable, although signs of softening are emerging. For the moment, many Chinese steel mills are content to maintain current production...
Turkish buyers book scrap shipments
Turkish buyers continued to book bulk scrap shipments of different origins for end-November-early December 2020 shipments. Meanwhile, Turkish buyers and steel producers believe it is best to replenish their scrap inventory before the winter vacations. In addition, the...