News
- China’s steel exports rose by 3.3 m/m in September
Over the first nine months, the figure fell by 2.6% y/y
- Turkey increased steel exports by 3.1% y/y in January–August
In August, the figure fell by 0.4% y/y
- Nucor has raised the price of hot-rolled coils to $1,230 per tonne
The steel producer has once again raised its offer price by $10 per short tonne
- Australia and China are joining forces to decarbonise the steel industry
The initiative is a step towards creating a platform to accelerate the transition to low-carbon steelmaking
- Key global markets are set for a rise in rebar prices
Trends in August varied depending on demand
- Steel shipments to the US fell by 3.7% m/m in July
Over the past seven months, the relevant figure has risen by 5.3%