02
May
13:34
Improved EAF competitiveness could revive Cognor's semis sales
Cognor foresees an improvement in the cost position of electric arc furnace-based mills that could see a rebound in its merchant semi-finished product sales.
EU mills were unable to take advantage of increased global steel demand in the first quarter, with steel production in the bloc falling -2% on-year in the period, and in Poland by -7.3%. Cognor performed comparatively well, raising crude steel output 2.8% in Q1 and overall sales by 0.8%. Nevertheless, reduc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous