Shipments from the four largest iron ore producers in Western Australia's (WA) Pilbara rebounded in the week to 18 February from a two-year low the previous week.
US steelmaker Nucor has raised its flat rolled steel prices by $100/short ton (st) and set a minimum target price of $1,000/st for hot rolled coil (HRC) products.
A comparison of shipments for the full year 2022 to full year 2021 shows the following changes: corrosion-resistant sheet and strip down 8 percent, hot rolled sheet down 10 percent and cold rolled sheet down 15 percent.