Nickel demand to increase to 3.13 million tons in 2023, supply to increase to 3.37 million tons.

Electric arc furnace (EAF) platemaker Nucor has increased its plate prices by $40/short ton (st).

Patrik Schober, a media representative of Tameh Czech, said negotiations are "under way" between the companies, but would not comment further.

US exports to China totalled 439,924t in February, more than trebling compared with a year earlier.

The curve is in a clear backwardation, with May trading on screen almost €50/t below the underlying Argus assessment, which stood at €834.25/t.

Tata Steel aims to achieve net zero carbon emissions from its Indian operations by 2045, while India aims to reach net-zero emissions by 2070.

Thyssenkrupp's new CEO faces impossible task: selling steel

India¡¯s steel imports shoot up to 7 mt; highest in recent years