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Eurofer lowers demand forecast as recovery loses steam
The European steel demand outlook for 2024 continues to lose momentum amid worsening geopolitical tensions, growing …
Anglo American rejects ‘highly unattractive’ BHP bid
Anglo American rejected BHP’s takeover proposal on Friday, saying the bid undervalues both the company and …
Anglo American evaluates BHP takeover bid
UK-listed miner Anglo American is evaluating a takeover bid from Australia-listed miner BHP, Kallanish notes. While …
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US rebar pricing holds steady, pressured by imports
US rebar prices are flat week-on-week, as they contend with a weaker macroeconomic tone, a wave …
Biden administration accelerates permit timelines, environmental reviews
The US government has reduced environmental assessments to an average of 9.6 months, down from 15.4 …
Iron ore diverges before holiday
Seaborne iron ore prices deviated due to spot trading on Tuesday, with some market participants leaving the …
High interest rates curtail US architectural activity: AIA
March architectural billings in the US fell for the 14th consecutive month, as inflation and …
European coil players diverge over price turning point
Northwestern European buyers of coil products are divided in opinion over whether falling coil prices have …
Shutdowns dull India HRC export activity to Europe
Indian hot and cold rolled coil activity remains dull in the European market amid ongoing Indian …
Ugitech to decarbonise operations with hydrogen plant
Swiss Steel’s France-based stainless subsidiary Ugitech will build a green hydrogen production plant at its Ugine …
Thyssenkrupp’s stake sale leads to protests
Germany’s union IG Metall has lambasted thyssenkrupp for its 20% Steel division stake sale to Czech …
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Anonymous
Very good overview of the weekly steel market.
Anonymous