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Copper: new rebound for prices on weakening dollar and optimism about Chinese demand
Prices of copper and other industrial metals extended gains Friday, driven by the weakening dollar, optimism about China, the main metals consumer, and persistent smelter closures limiting supply. Three-month copper on the London Metal Exchange is gaining 1 percent...
HRC steel: European producers maintain bids despite limited trading
Hot-rolled coil prices in Europe fell slightly on Wednesday, September 7, atte795 euros/mt compared to 805 euros/mt the previous day. The number of HRC transactions was limited in both northern Europe and Italy, but market sources said they expect activity to pick up...
Steel: Chinese exports fell in August due to weak global demand
Chinese steel exports in August 2022 totaled 6.15 million tons (mnt), up 22 percent year-on-year, according to data released by the General Administration of Customs. In January-August 2022, the country's steel exports stood at 46.23 million tons, down 4 percent...
US DOE proposes low-carbon fuels to decarbonize steel sector
The U.S. Department of Energy is proposing several solutions to advance the decarbonization goals of the U.S. steel industry, including the use of alternative fuels and innovative demonstration pilot programs. Among the actions suggested in its roadmap for industrial...