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HRC steel: quotes rise1.07% on a weekly basis
The European hot-rolled coil market rose marginally on Nov. 29, as market participants said prices have found a base and an upward trend is expected in the short term. HRC North Europe is up 1.07 percent from a week ago, standing at 626 euros/mt. The market changed...
Battery metals: Australian producers are key to South Korea’s ambitions
Australia will play an important role in South Korea's ambition to lead the electric vehicle battery market and diversify from China in its battery metals requirements. Ben Bosung Kim, chief executive officer of steel giant POSCO in Australia, said the company has...
Steel: the United States increases imports
According to U.S. Census Bureau data compiled by the American Iron and Steel Institute (AISI), steel buyers in the United States turned to overseas producers in October at a 7.2 percent higher rate than the previous month. AISI confirms that the United States imported...
Metinvest Ukraine confirms restoration of operations after power outages
Ukraine's largest steel company, Metinvest said Tuesday that all but one of its Ukrainian plants have resumed operations after disruptions caused by power outages following Russian air strikes. Metinvest, which had not previously announced the outages, pointed out...