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European stainless flats start year slow
The European stainless flat steel market is experiencing a slow recovery this year, stainless steel processors and service centres …
Fenix Resources expands iron ore hedge book
Australian miner Fenix Resources has secured new iron ore hedging contracts for an additional 240,000 tonnes …
Tosyalı expands investments in Africa, Europe: chairman
The chairman of Turkish conglomerate Tosyalı Holding is highlighting trends such as steel overcapacity, consumption disparities, …
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US infrastructure spending to spur steel demand: economist
US infrastructure spending and reduced regulation are expected to boost the economy and increase steel demand, …
Essar to invest millions in Minnesota mining facility
Essar Group is finalising its $650 million investment in the company’s iron ore mining and pelletisation …
US drops 4 rigs, Canada adds 16 on-week
The number of active oil and gas rigs in the US decreased by four week-on-week, bringing …
US needs 439,000 more construction workers: study
Analysis from the Associated Builders and Contractors (ABC) indicates the US construction industry will need an …
Aperam completes acquisition of Universal Stainless
Universal Stainless & Alloy Products has announced the completion of its takeover by Aperam on Thursday, …
Outstanding European coil contracts could see higher prices
Northwestern European coil buyers that are still in the process of bargaining for long-term supply contracts …
Turkish merchant bar producers prepare to raise prices
Turkish merchant bar producers are preparing to increase prices, following a recent downtrend.
On Friday, producers’ …
EU producers should consider green iron imports: IEEFA
European steelmakers should reconsider their stance on cheaper green iron imports, a shift that could preserve …
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Very good overview of the weekly steel market.
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