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Demand for Japanese ferrous scrap to rise
Overseas demand for Japanese ferrous scrap is likely to recover in 2023, while stronger domestic consumption and slower scrap generation in the country limit availability for exports. |
India¡¯s NMDC raises iron ore prices for January
India's largest iron ore producer NMDC has raised its iron ore prices for January, the second straight month of increase. |
US HRC: Prices flat on holiday
A year ago the spread was $1,058/st as HRC prices were plunging from record-high levels. |
Japan aims to diversify rare earth supply
Japan produces around 1mn permanent magnet synchronous motors for vehicles each year, according to trade ministry data. |
Africa can produce 50Mt/y of green hydrogen at less than €2/kg by 2035, report shows
Africa can produce 50Mt/y of green hydrogen at less than €2/kg by 2035, report shows |
BHP and Oz Minerals agree on takeover deal
BHP and Oz Minerals agree on takeover deal |
US rebar demand unlikely to spur prices
The domestic demand forecast was cautiously optimistic, according to market sources, led by stronger increased spending for the infrastructure market. |
AISI: US Raw Steel Production in the week ending on December 31, 2022
In the week ending on December 31, 2022, US domestic raw steel production was 1,602,000 net tons while the capability utilization rate was 71.8 percent. |
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