Global insight
Brazil long steel mills flag more price hikes, blame higher costs
[Ferro-Alloys.com] Sao Paulo — Brazilian steelmakers Gerdau and CSN attribute their long steel price hikes in the first half of 2018 to higher raw material and domestic freight costs, adding further increases are possible in the second half of the year. |
Brazil's CSN sees Q2 steel shipments rise 13% to 1.32 million mt
[Ferro-Alloys.com] Sao Paulo — Brazilian integrated steelmaker CSN shipped 1.32 million mt of steel products in the second quarter of 2018, up 13% from 1.17 million mt in Q2 2017, according to results released Wednesday. |
ArcelorMittal steel tenders for coking coal may meet higher offers
Steel giant ArcelorMittal surprised coking coal markets recently with a major US domestic and international seaborne combined tender enquiry for fourth-quarter 2018 and 2019 volume, a taste of US forward demand as steel prices hit highs. |
Rusal overview of trends in the aluminium industry and business environment
Rusal announced that during 1H 2018 aluminium among other base metals was affected by series of supply disruptions. The lock-out of workers at the 450ktpa ABI smelter in Quebec has caused Canadian output fall over 8% year-on-year YTD. Meanwhile, Albras in Braz... |
Japan's NSSC cuts August austenitic CRC, plate prices in 12-month first
Japan's NSSC cuts August austenitic CRC, plate prices in 12-month first |
Crude, products tumble on US-China trade war, EIA data
[Ferro-Alloys.com] New York — The petroleum futures complex tumbled Wednesday on concerns that new tariffs imposed by the US and China on each other would slow economic growth, and on refined product inventory builds in the US. |
Indonesia issues new tax rules as Freeport seeks fiscal guarantee
Indonesia issues new tax rules as Freeport seeks fiscal guarantee |
Glencore credits China's 'Blue Skies' program for strong H1
Glencore credits China's 'Blue Skies' program for strong H1 |
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