World crude steel production for the 66 countries reporting to the World Steel Association (worldsteel) was 136.3 million tonnes (Mt) in November 2017, a 3.7% increase compared to November 2016.
Strip mill product basis prices were stable in most northern European markets, in December, according to the latest edition of MEPS European Steel Review. However, Italian figures weakened and Spanish buyers accepted a small increase. Regio...
The rapid recovery in EU steel prices, in 2016 and 2017, is expected to be maintained in the following year.
Chinese steel futures swung to losses on Tuesday on concerns that steel demand in the world’s top producer and consumer will seasonally slow down as the year-end nears.