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Nucor kept plate prices flat

US steelmaker Nucor kept its plate prices flat last week in its latest price announcement for the products.

Wednesday, February 22, 2023

West Australian iron ore exports rebound

Shipments from the four largest iron ore producers in Western Australia's (WA) Pilbara rebounded in the week to 18 February from a two-year low the previous week.

Wednesday, February 22, 2023

China's steel industry expects balanced supply, demand

China's steel industry is expected to see roughly balanced supply and demand in 2023, thanks to the steady recovery of the Chinese economy, according to a senior official of China's top steel industry association.

Wednesday, February 22, 2023

AISI: US Steel Shipments Down 5.5 Percent In 2022

A comparison of shipments for the full year 2022 to full year 2021 shows the following changes: corrosion-resistant sheet and strip down 8 percent, hot rolled sheet down 10 percent and cold rolled sheet down 15 percent.

Wednesday, February 22, 2023

AISI: US domestic raw steel production in the week ending on February 18, 2023

In the week ending on February 18, 2023, domestic raw steel production was 1,654,000 net tons while the capability utilization rate was 74.0 percent.

Wednesday, February 22, 2023

BHP to sell more Australian coking coal mines

Australian resources firm BHP and Japanese trading house Mitsubishi plan to sell the 12mn t/yr Blackwater and 2.5mn t/yr Daunia mines from their BHP Mitsubishi Alliance (BMA) joint venture in Queensland.

Wednesday, February 22, 2023

Wind and sun power Gansu's growth

In Gansu's Wuwei city, a 500,000 mu (33,333 hectares) photovoltaic power base is under construction, with a total installed capacity of 15 million kilowatts.

Wednesday, February 22, 2023

Nucor raises steel prices, targets $1,000/st for HRC

US steelmaker Nucor has raised its flat rolled steel prices by $100/short ton (st) and set a minimum target price of $1,000/st for hot rolled coil (HRC) products.

Wednesday, February 22, 2023
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