The vast majority of its business is in the flat steel sector, commercial head of flat and long products Pankaj Kumar Purohit told Argus. About 90pc of its tonnage is coils and sheets.

Electric arc furnace (EAF) steelmaker Nucor has kept its plate prices flat.

Integrated steelmaker US Steel in October will take a scheduled blast furnace outage at its Mon Valley Works mill in Pennsylvania.

US hot-rolled coil (HRC) prices edged down recently as mills tried to maintain prices, but some lower offers were reported in the market.

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Outokumpu interim report January-March 2022: Another strong quarter, adjusted EBITDA amounting to EUR 377 million

Aim-listed Bushveld Minerals’ production for the three months ended March 31 increased on the back of continued operational stability and enhanced safety.