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Asian steel and scrap will face headwinds in second quarter
The Asian steel market is set to face challenges in the second quarter due to the bearish outlook for China's real estate and construction sector and weakening raw material costs. Demand for ferrous scrap has been modest in all regional markets, with some Asian mills...
Polyolefins: a week spent with declines
Sluggish demand for polyolefins continues to negatively affect market conditions. Traders and manufacturers will continue to make special offers on their materials; however, processors will likely wait until next month to make purchases. Low demand in Europe is likely...
Crude steel: Italian production fell 12.6 percent in March
According to data published by the Italian Steel Producers Association, total Italian crude steel production in March this year decreased 12.6 percent year-on-year to 1.914 million tons. On the other hand, it was noted that crude steel production decreased by 4.5...
Iron ore: China’s strong imports diverge from weak steel production
Iron ore imports and domestic production of this steel raw material increased sharply in the first quarter, while crude steel production declined. This divergence poses a dilemma that can be resolved in several ways, including a reduction in iron ore imports, a boost...