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Ferrous scrap: Chinese prices could rebound
Steel scrap prices in China are expected to strengthen in the near future as demand for scrap from steel mills is improving, while supply may remain limited due to slow scrap procurement and processing. With more independent electric furnace (EAF) mills resuming...
Steel: ArcelorMittal expects production in Europe to drop by 1.5 million tons in Q4
ArcelorMittal expects steel production in Europe to decline by about 1.5 million tons in the fourth quarter compared with the previous period, due to capacity reductions caused by weakening demand and rising energy prices. Earlier this month, the world's largest steel...
Stainless steel: demand in Europe seems to be recovering
European demand for stainless steel flat products is returning to the market after a very long lull during which prices weakened and buyers bought only small volumes. As manufacturers in Europe and the rest of the world close plants due to high energy costs, buyer...
Zinc: prices positive for sixth day due to supply concerns
London zinc prices headed for a sixth consecutive session of gains Thursday as rising energy costs pushed smelters to close and fueled concerns about supply disruptions. Three-month zinc on the London Metal Exchange is now stable at $3,240 a ton (11:00 GMT+2), after...