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Means of production prices mostly fall in China in late October

Most of the capital goods in China posted lower prices in late October compared with mid-October, official data showed Friday.

Thursday, November 10, 2022

Yunnan sees foreign trade rise 16.4% in Jan-Sept

The province's total import and export value from January to September hit 260.91 billion yuan ($35.96 billion), up 16.4 percent year-on-year.

Thursday, November 10, 2022

Midwest US coalition plans hydrogen production hub using nuclear power

The Great Lakes Clean Hydrogen Partnership made up of Linde, Energy Harbor, GE Aerospace, Cleveland-Cliffs steel manufacturing and the University of Toledo has moved forward with its US Department of Energy hydrogen hub application.

Thursday, November 10, 2022

US steel sentiment remains bearish as uncertainty looms over the demand outlook: survey

The sentiment for finished steel prices continued to slide as the November scrap buy week was underway, according to the most recent S&P Global Commodity Insights US steel market participant survey.

Thursday, November 10, 2022

LME aims to boost screen trading volumes of ferrous futures contracts

The daily trading volume on the LME, inclusive of the liquidity window, totaled 16,930 mt on Nov. 1 and 33,430 mt on Nov 2.

Thursday, November 10, 2022

LME aims to double CFR Turkey ferrous scrap futures traded volumes in 2023

The two contracts have gained momentum on high volatility in the physical market that attracted greater futures interest.

Thursday, November 10, 2022

LME to launch new ferrous futures initiatives to boost screen trading liquidity

The London Metal Exchange is to launch a number of new initiatives to boost the screen liquidity of its cash-settled ferrous futures contracts, it announced during the LME Focus Day event on Oct. 27.

Thursday, November 10, 2022

EU steel demand to fall 3.5% in 2022 as economy worsens: Eurofer

Earlier this year, the association had forecast steel demand to drop by 1.7% in 2022.

Thursday, November 10, 2022