Elcora receives Manganese Production License in Morocco

Elcora Options to Purchase Existing Manganese Mine In Morocco

South Mining targets 420 000t annual coke production

Demand has remained steadier for longer than the market had expected, with talk of a recession pushing further out into the year and lessening in severity.

Indian private-sector producer JSW Steel's crude steel output rose by 10pc from a year earlier to 1.73mn t.

US steelmaker Evraz North America has increased its prices for flat steel products.

US integrated steelmaker Cleveland-Cliffs has increased its flat steel prices by $100/short ton (st), targeting a minimum hot-rolled coil (HRC) price of $1,200/st.

The Argus US plate ex-works assessment has been relatively flat at around $1,480/st since early December.