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Japan's July steel imports dip 2% on year to 688,104 mt
[Ferro-Alloys.com]Tokyo — Japan's steel imports fell 2.1% year on year to 688,104 mt in July, and were up 4.7% from June, latest preliminary data from the Ministry of Finance showed |
Analysis: US scrap, Turkish steel inextricably intertwined?
[Ferro-Alloys.com]Pittsburgh — Considering that one country is the world's largest steel scrap exporter and another is the world's largest steel scrap importer, the US and Turkey seem inextricably linked. |
Crude oil futures lower on bearish US stocks data, strong dollar
[Ferro-Alloys.com] Crude oil futures moved lower during mid-morning trade in Asia Wednesday as a bearish US crude inventory report and a strengthening dollar weighed on prices. |
US hot-rolled coil steel prices fall to lowest level since June 1
[Ferro-Alloys.com] Houston — US hot-rolled coil prices fell to the lowest level since June 1 as mills lower prices while buyers hold off on orders, sources said Monday. |
Japan's construction steel demand forecast to fall 8% on year in Sep: MLIT
[Ferro-Alloys.com] Tokyo — Demand for ordinary carbon steel from Japan's construction sector is forecast to drop by 7.8% year on year in September, but remain unchanged from August at 1.65 million mt, according to a survey from Japan's Ministry of Land, Infra... |
Brazil long steel mills flag more price hikes, blame higher costs
[Ferro-Alloys.com] Sao Paulo — Brazilian steelmakers Gerdau and CSN attribute their long steel price hikes in the first half of 2018 to higher raw material and domestic freight costs, adding further increases are possible in the second half of the year. |
Brazil's CSN sees Q2 steel shipments rise 13% to 1.32 million mt
[Ferro-Alloys.com] Sao Paulo — Brazilian integrated steelmaker CSN shipped 1.32 million mt of steel products in the second quarter of 2018, up 13% from 1.17 million mt in Q2 2017, according to results released Wednesday. |
Crude, products tumble on US-China trade war, EIA data
[Ferro-Alloys.com] New York — The petroleum futures complex tumbled Wednesday on concerns that new tariffs imposed by the US and China on each other would slow economic growth, and on refined product inventory builds in the US. |
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