12
Apr
13:32
Ferroalloys shortage, costly HBI hit Italian steelmakers: Assofermet
Italian hot-briquetted iron demand is decreasing due to the skyrocketing prices registered since the beginning of the war in Ukraine. High HBI values have made the raw material uncompetitive compared to scrap, says Italian trade association Assofermet in its monthly report monitored by Kallanish.
Steelmakers’ ferroalloys procurement has also been impacted by the conflict. As mills are looking for alternative sources of supply, modifying the entire procuremen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous