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AISI: US Finished Steel Imports Up 11% In 2022

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,186,000 net tons (NT) of steel in December 2022.

Wednesday, February 22, 2023

West Australian iron ore exports rebound

Shipments from the four largest iron ore producers in Western Australia's (WA) Pilbara rebounded in the week to 18 February from a two-year low the previous week.

Wednesday, February 22, 2023

Wind and sun power Gansu's growth

In Gansu's Wuwei city, a 500,000 mu (33,333 hectares) photovoltaic power base is under construction, with a total installed capacity of 15 million kilowatts.

Wednesday, February 22, 2023

Nucor raises steel prices, targets $1,000/st for HRC

US steelmaker Nucor has raised its flat rolled steel prices by $100/short ton (st) and set a minimum target price of $1,000/st for hot rolled coil (HRC) products.

Wednesday, February 22, 2023

China's Hebei sees foreign trade rise 3.9% in 2022

North China's Hebei province saw its foreign trade grow 3.9 percent year-on-year to 562.9 billion yuan ($82.61 billion) in 2022, according to local customs.

Wednesday, February 22, 2023

Market participants split on EU power market reform

Traders associations, regulators and other market representatives have responded to the European Commission's consultation proposed power market reform.

Wednesday, February 22, 2023

Vale 4Q Net Income Fell as Iron Ore Price, Sales Volume Declined

Brazilian iron-ore miner Vale SA's profit fell in the fourth quarter after the price of iron ore and sales by volume both declined.

Friday, February 17, 2023

Russia stands by 2023 budget deficit plans of 2% of GDP

Russia plans to post a budget deficit in 2023 of 2% of gross domestic product (GDP), Finance Minister Anton Siluanov said on Friday, despite towering spending and slumping energy revenues contributing to a huge shortfall in January.

Friday, February 17, 2023