BHP and Oz Minerals agree on takeover deal

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

"Pretty much everyone accepts the current level [of premiums] is the new reality", a trader said.

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.

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

Hoa Phat Group has signed a contract to export 10,000 tonnes of steel wire in coil form to Europe.

Finished Import Market Share Estimated at 23 Percent in December.

Finished Import Market Share YTD at 24%