Ferrous scrap: Brazil’s exports on the rise
Brazil exported 617,900 tonnes of ferrous scrap in the first ten months of 2023, up 102% year-on-year. Scrap exports in October alone amounted to 77,400 tonnes, up 281% year-on-year. The average price of ferrous scrap from Brazil in October was $354/mt FOB, up from...
EU reaches agreement to boost domestic supplies of key raw materials
The European Union (EU) has reached agreement on measures to become more self-sufficient in the key raw materials it needs to contribute to the clean energy transition. According to a post on social network X by Thierry Breton, the bloc's internal market commissioner,...
Stainless steel: Russian imports fell 5.2% month-on-month in October
Russia's stainless steel imports fell 5.2% month-on-month to 31,270 tonnes in October this year. Imports of hot-rolled stainless steel decreased 24.1% month-on-month, seamless pipe imports 20% month-on-month, long steel imports 15.4% month-on-month, welded pipe...
Metinvest and Danieli’s new plant could rise in Piombino
Metinvest and Danieli's new plant could be built in Piombino, in the region of Tuscany. The plant was previously planned in San Giorgio di Nogaro. If a final agreement can be reached in the next two to three months, construction of the new plant will begin in spring...
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