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

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.

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

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

Thyssenkrupp's new CEO faces impossible task: selling steel

April 24 (Reuters) - Most brokers and banks trading on the London Metal Exchange (LME) had a bumper year in 2022 in a highly-volatile market, but a provision by JP Morgan due to a nickel crisis weighed on its profits, according to results and industry sources.