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Steel: Turkey’s post-earthquake renovation raises many questions
It is estimated that the Turkish government will need 4 million tonnes of rebar for the planned building renovation activities in the Iskenderun region, raising many questions on the market. As the expected duration is 3-4 months and an additional 1 million tonnes of...
Copper: prices rebound after 5-week lows
Copper prices on the LME rebounded from five-week lows on hopes of a recovery in demand in China, the main consumer, offsetting the negative effect of a stronger dollar. Three-month copper on the London Metal Exchange was up 1 percent at $8,950/mt. LME copper hit a...
HRC steel: European manufacturers have no plans to lower prices
European steel mills are still hoping for higher prices for second-quarter HRC hot rolled products, despite the absence of purchases on Tuesday, Feb. 14. On Monday, leading European steel producer ArcelorMittal raised its offered prices for hot rolled products with...
Manganese: shipments from the Port of Hedland down 6.8 per cent
According to monthly data released by the management of Australia's Port of Hedland, shipments of manganese ore through the Port of Hedland stood at 200,286 tonnes in January this year, down 6.8 per cent on the month and up 95.8 per cent year-on-year. Only China and...