Finished Steel: Indian imports from Russia hit 4-year highs between April and October
Indian imports of finished steel from Russia in April-October rose to the highest in four years, government data compiled by Reuters show, underscoring Moscow's attempt to divert shipments in the wake of Western sanctions. Russian steel exports to India reached...
Aluminum: prices react with supply deficit outweighing concerns over Chinese demand
Aluminum prices rebounded Tuesday as falling inventories outweighed demand concerns triggered by rare protests in several Chinese cities against tight COVID-19 restrictions. Three-month aluminum on the London Metal Exchange is up 0.77 percent at $2,390/mt at 09:45...
Steel production: recovery in October for southeastern Europe
Southeastern European (SEE) crude steel production decreased in October compared to the same month a year earlier, according to the latest Worldsteel data. Regional production was 385,700 tons, down 7.8 percent from a year earlier. However, production was higher than...
Steel: Cliff shuts down its largest blast furnace for 3 days of maintenance
The Cleveland-Cliffs integrated steel mill shut down its largest blast furnace for three days of scheduled maintenance, which began over the U.S. holiday weekend. The steel mill shut down blast furnace No. 7 at its Indiana Harbor steel mill in East Chicago, which has...
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