Lead hits 1-year high on mine disruption but oversupply looms

LME nickel price trend on December 2nd

US hot-rolled coil (HRC) prices continued their march upwards.

Ferrosilicon Bidding Information in December, 2020 (12/3/2020).

The No.4 furnace at Gary has a rated annual capacity of 1.36 million st/year, according to data from the Association for Iron and Steel Technology.

Thyssenkrupp received a non-binding offer from Liberty Steel for its steel unit in October.

The steelmaker has informed some customers that some orders for January production would have to be delayed until February.

A spokeswoman for US Steel declined to comment Nov. 19 on the potential restart, stating the company does not comment on rumors or speculation.