Overseas demand for Japanese ferrous scrap is likely to recover in 2023, while stronger domestic consumption and slower scrap generation in the country limit availability for exports.

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

Finished Import Market Share YTD at 24%

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

Finished Import Market Share Estimated at 23 Percent in December.

In the week ending on December 31, 2022, US domestic raw steel production was 1,602,000 net tons while the capability utilization rate was 71.8 percent.