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US Coil Steel, Reduced Supply Keeps Prices Above $60
The US hot-rolled coil market concluded August above the threshold of $60 per hundredweight, supported by limited spot availability, extended lead times and upcoming scheduled outages at steel mills. Demand is not showing an exceptional acceleration, but it remains...
US Scrap, September Opens Between Prime Resilience And Pressure On Secondary Grades
The US ferrous scrap market is approaching the September trade without a clearly defined national direction. Stability remains the most likely scenario for the overall headline, but beneath this apparent immobility, a divergence is developing between grades and...
MHP, Payables Approach A Floor While Nickel Sulfate Continues To Decline
Chinese payables for nickel and cobalt contained in MHP continued to decline during the final week of August, but at a slower pace than in the first half of the month. The slowdown signals that the market is approaching levels capable of attracting buyers and putting...