Loading
Global ferrous scrap prices on the rise
Global scrap iron prices have bounced this week due to availability problems. Turkish buyers continued to book bulk scrap shipments from different sources for end-November to early December shipments. Steel buyers and producers believe it is best to restock their...
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...