400-Series: Rigid procurement was maintained for the 400-series, but recently, the settlement of pre-allocated resources by stainless steel plants ended, and the distribution volume significantly ...
On October 29, stainless steel futures fluctuated downward. In the morning, spot prices mostly remained stable, and the narrowing spot-futures price spread slightly slowed down the pace of shipments, ...
This article explores the challenges facing the European steel industry, including falling demand, high interest rates, and competition from Chinese electric vehicle imports.
JSW Steel, along with Korean steel maker POSCO, plans a $7.7 billion investment in Odisha’s steel plant to capitalize on the market demand, reported the news agency Reuters on Tuesday.
Further, because Cliffs is a vertically integrated company with iron mines, lower iron prices are not necessarily beneficial. Hot-rolled coil steel, more relevant to CLF, has also fallen by ~35% ...