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Steel billet : Turkish imports down 11.2% in 2022
According to data provided by the Turkish Statistical Institute (TurkStat), billet imports were down 2% on the month and up 23.2% year-on-year. Billet imports stood at 266,540 tonnes in December last year. The value of these imports was $154.4 million, down 1.8% on...
Pig iron: Brazil’s exports fall in January
Brazil's pig iron exports fell to 236,200 mt in January this year, down from 305,100 mt in the previous month. Exports totalled 203,700 tonnes at $566/tonne FOB to the US, 16,300 tonnes at $528/tonne FOB to Asia, including 15,100 tonnes to China, and 13,000 tonnes at...
Crude steel: US production up 0.5%
According to data released by the American Iron and Steel Institute, US crude steel production for the week ending 11 February 2023 was 1,509,555 tonnes, up 0.5% from the previous week and down 5.2% year-on-year. In the week ended 11 February, the capacity utilisation...
Copper: prices rebound as dollar weakens
Copper prices are rebounding on the back of a weakening dollar and investors' hopes that US data will show falling inflation. Three-month copper on the London Metal Exchange stood at $8,964/mt, in line with yesterday's close, but up 1.11 percent from Friday's close....