Scrap import prices hold steady amid cautious sentiment
Turkey's imported scrap prices remained largely stable this week, as steel mills continued cautious procurement amid weak finished steel demand and squeezed margins. HMS...
Kardemir sells sizable billet volumes in domestic market
Turkish steelmaker Kardemir opened a new billet sales round on May 13 and closed it after securing significant order volumes from the domestic market.
The...
SMS group, ABB partner on electromagnetic flow-control system for slab casting
SMS group GmbH and ABB AB Sweden entered into a partnership to jointly market and further develop FC Mold X, an electromagnetic flow-control system...
Iron ore extends gains on firm steel demand
Iron ore futures extended gains on Thursday, supported by firm near-term steel demand in China. Chinese steel mills continued to maintain production levels amid...
Hyundai-POSCO moves ahead with Louisiana steel plant project
Hyundai-POSCO Louisiana Steel LLC has selected Danieli as technology partner for a new integrated steel plant in Louisiana, USA, aimed at producing high-quality hot-rolled...
