Italian Steel Rebar, €440 Consolidates But Demand Remains Slow
The Italian reinforcing-bar market is emerging from the summer break more slowly than expected. Trading has resumed, but volumes remain limited and producers still need to build a significant portion of their order books for the coming weeks. The prevailing reference...
HRC Steel, Spot Scarcity Supports Europe And The United States
Hot-rolled coil prices began September supported by limited immediate availability in both Europe and the United States, despite different demand conditions and signals still insufficient to indicate a generalized recovery in steel consumption. In Europe, the return...
Chrome, $286 Holds Between More Expensive Coke And Weak Stainless Steel
The chrome ore market maintained surprising stability at the beginning of September despite the rapid increase in coke costs and deteriorating demand in China’s stainless-steel supply chain. The index for South African UG2/MG concentrates, on a CIF China basis,...
Graphite Electrodes, GrafTech Cuts Capacity By 29% But The Surplus Remains Global
GrafTech International will close its graphite electrode plant in Monterrey, Mexico, as part of a reorganization intended to reduce production capacity and adapt it to a market still characterized by significant oversupply. Mexican production is expected to end early...
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