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China’s long-awaited stimulus weighs on markets
Chinese authorities finally announced on Friday afternoon the long-awaited new stimulus measures approved by the Standing …
EU mills face closure, divestment amid struggles: sources
European long steel producers are under severe financial pressure that could compel them to potentially close …
Trump may target elusive downstream demand, Mexico relationship
A victorious Donald Trump and Republican allies are likely to focus on stimulating downstream demand for …
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Russel expects more mill outages before 2025 turnaround
North American steel mills are still using outages to reduce output until the pending demand rebound, …
Algoma expects EAF commissioning to commence in December
Algoma Steel is on track to fire up its electric arc furnaces on time and expects …
Metallus swings to loss, but order book improving
Metallus has reported weaker third-quarter earnings due to lower shipments and unfavourable price mix, but executives …
US rig count holds steady, Canada loses 6
The number of active oil and gas rigs is flat at 585 for the third consecutive …
Nippon plans to complete USS acquisition this year
Nippon Steel suggests that it will close on its proposed $15 billion acquisition of US Steel …
US monthly import permit tonnages rise
US permit applications for steel imports in October reflect a 2.3% increase from September final import …
US construction project planning slows on-month: Dodge
Planning activity for US nonresidential construction projects decreased by 5.3% in October on a month-on-month basis, …
US long steel exports decrease for second month
Long carbon and alloy steel export volumes shipped from the US fell in September, Kallanish learns …
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Anonymous
Very good overview of the weekly steel market.
Anonymous