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31 Aug
01:00

Cognor sees improved EAF competitiveness in H2 after Q2 margins squeezed

Polish steelmaker Cognor expects the scrap price decline, seen since May, to continue into the second half of 2015 and help electric arc furnace-based producers’ competitiveness recover versus their BOF-based counterparts. “With the actual level of prices for iron ore and metallurgical coal we actually don’t see more room for any significant decrease of those,” Cognor says in a report seen by Kallanish. “Consequently, further de…
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