Electric arc furnace (EAF) platemaker Nucor has increased its plate prices by $40/short ton (st).

Patrik Schober, a media representative of Tameh Czech, said negotiations are "under way" between the companies, but would not comment further.

The curve is in a clear backwardation, with May trading on screen almost €50/t below the underlying Argus assessment, which stood at €834.25/t.

Thyssenkrupp's new CEO faces impossible task: selling steel

India¡¯s steel imports shoot up to 7 mt; highest in recent years

April 24 (Reuters) - Most brokers and banks trading on the London Metal Exchange (LME) had a bumper year in 2022 in a highly-volatile market, but a provision by JP Morgan due to a nickel crisis weighed on its profits, according to results and industry sources.

GM and Samsung SDI have announced that they are partnering to build a new battery cell factory in the US to power GM's electric vehicles.

The 2306 ferrosilicon contract price on ZCE closed at 7352 yuan per ton on April 25.