A year ago the spread was $1,058/st as HRC prices were plunging from record-high levels.

BHP and Oz Minerals agree on takeover deal

Africa can produce 50Mt/y of green hydrogen at less than €2/kg by 2035, report shows

Europe may continue to dominate US thermal coal exports in 2023 but demand for high-sulfur coal may wane.

The domestic demand forecast was cautiously optimistic, according to market sources, led by stronger increased spending for the infrastructure market.

In November alone, production of finished steel reached over 1.82 million tonnes.

Elevated production costs for Turkish producers amid low scrap availability and less slab purchasing options.

However, the net debt to equity ratio of steel companies is still significantly better than in the 2010-2019 period.