Relevant News

US HRC: Prices jump as mills again hike prices

The Argus weekly domestic US HRC Midwest and southern assessments both rose by $50/st to $900/st on Tuesday.

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

India remains net steel importer in January

India remained a net importer of steel for the fourth consecutive month in January, with exports climbing to a seven-month high on increasing international demand.

Wednesday, February 22, 2023

China's Hebei sees foreign trade rise 3.9% in 2022

North China's Hebei province saw its foreign trade grow 3.9 percent year-on-year to 562.9 billion yuan ($82.61 billion) in 2022, according to local customs.

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

AISI: US Finished Steel Imports Up 11% In 2022

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,186,000 net tons (NT) of steel in December 2022.

Wednesday, February 22, 2023
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