Iron ore gains on short-term support; but fundamentals stay weak
Iron ore futures extended gains on Wednesday, supported by an uptick in near-term demand, although the longer-term outlook remains bearish.
Chinese steel mills have been...
Tokyo Steel holds prices steady for Jan sales
Tokyo Steel, Japan's leading electric arc furnace (EAF) steelmaker, has decided to keep all product prices unchanged for January sales under its latest monthly...
Toyo Kohan to modernize pickling line at Kudamatsu plant
Toyo Kohan Co., Ltd. has awarded Primetals Technologies a contract to modernize the pickling line at its Kudamatsu plant in Japan, aimed at improving...
Iron ore futures recover, but demand outlook remains weak
Iron ore futures recovered on Tuesday, supported by higher steel production figures, although the broader demand outlook remained bearish amid weakening fundamentals.
Data from the...
Thyssenkrupp upgrades automation systems at hot strip mill in Duisburg
Thyssenkrupp Steel Europe has completed a major modernization of the automation systems in the coiler area of hot strip mill No. 1 at its...
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