Demand has remained steadier for longer than the market had expected, with talk of a recession pushing further out into the year and lessening in severity.

The Argus weekly domestic US HRC Midwest and southern assessments both increased by $50/short ton (st) to $1,150/st.

US steelmaker Evraz North America has increased its prices for flat steel products.

The 2305 ferrosilicon contract price on ZCE closed at 7796 yuan per ton on March 14.

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China is taking fresh measures to deter hoarding of iron-ore in a bid to cool a surge in prices of the key steel-making material.

Mexico’s construction sector contracted 1.0% in January from December, statistics office Inegi said.