Scrap import prices rise on tighter supply and high freight costs
Turkey's scrap import prices increased this week as tighter availability and firm freight costs supported the market. MESTEEL assessed HMS 1&2 (80:20) at USD...
Kocaer Celik strengthens US presence with new subsidiary
Turkish steel producer Kocaer Celik has established KCR Steel U.S. LLC in Texas as part of its strategy to strengthen its presence and expand...
Iron ore futures rise on near-term supply support
China's iron ore futures rose on Friday, supported by near-term supply-side factors, although cautious steel demand continued to limit the upside.
A weekly decline in...
Acciaierie Venete commissions new straightening line at Padova Works
Italian steelmaker Acciaierie Venete has commissioned a second Danieli Centro Maskin bar-straightening line at its Padova Works in Italy, strengthening its finishing capabilities for...
Global long steel market faces weak demand, rising costs – Irepas
The global long steel market remains under pressure from subdued demand, while higher energy costs, supply disruptions and tighter trade restrictions are supporting prices,...