Ripple effects immediate in other parts of Asia, metals information providers say; circumstances could test the extent of the American steel sector’s decoupling from China. Steelmakers and recyclers ...
Metal prices advanced across the board on Tuesday, with both precious and base metals recording solid gains amid improving ...
Weak domestic demand in China has led to a significant drop in steel rebar and h-beam steel prices, impacting global steel markets. The US construction industry, hampered by high interest rates, is ...
This week, finished steel products fluctuated rangebound, while raw material prices diverged, with coking coal and coke showing relative weakness. Iron ore prices trended upward during the week, yet ...
Base metals also strengthened, with zinc climbing 0.80% to $1.40 per pound, aluminum up 0.75% to $1.30 per pound, copper increasing 0.74% to $4.90 per pound, lead rising 0.56% to $0.93 per pound, and ...
The Construction MMI fell by 5.04% due to sliding steel prices, although there was a slight rebound in H-beam steel and steel rebar prices within the first two weeks of June. Ongoing wildfires in ...
SHANGHAI/SINGAPORE, Aug 12 (Reuters) - Shanghai rebar futures rose for a third straight day on Friday, tracking gains in equities after a volatile week, although caution about the fate of the global ...
Get insights and exclusive content from the world of business and finance that you can trust, delivered to your inbox.
SEOUL, Dec 1 (Reuters) - South Korea's third-largest steelmaker Dongkuk Steel Mill <001230.KS> said on Monday it would cut prices of rebar by 11 percent to bring prices of its construction steel in ...