Payment clearing and reconciliation services company BankservAfrica's Economic Transactions Index (BETI) for December 2022 improved despite the ongoing, dismal economic context, rising to 132.1 following six consecutive months of declines in the index.

Steelmaker Nucor rolled its first plate at its new mill in Brandenburg, Kentucky.

US steelmaker Nucor has kept its plate pricing flat, a month after it dropped prices by triple digits.

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.

A year ago the spread was $1,058/st as HRC prices were plunging from record-high levels.

BHP and Oz Minerals agree on takeover deal

Africa can produce 50Mt/y of green hydrogen at less than €2/kg by 2035, report shows

Finished Import Market Share Estimated at 23 Percent in December.