Brazil's high power costs and bundled rules for pricing and surcharges are making small and medium consumers turn to a new type of distributed generation from cooperatives.

GDP returns to pre-pandemic levels, up 1.9% q/q in the first quarter

Below is a ranking of the 50 top steel-producing companies. This list is updated in early June every year. An extended listing of top steel producers 2020/2021 is available from the PDF under the table.

Brazil produced 2.9 Mt, down 4.0%. Iran is estimated to have produced 2.2 Mt, down 20.7%.

US domestic raw steel production in the week ending on June 4, 2022 down 3.2 percent.

Japan's ferrous scrap exports continued to recover in April on sustained demand from South Korea.

The 2205 ferrosilicon contract price on ZCE closed at 9538 yuan per ton on June 7.

Offers were heard in a wide range between $1,150-1,300/st, with most in the $1,200/st range.