Turkish mills last week continued to keep scrap purchases on hold due to the stagnancy seen in steel sales. While rebar prices are continuing their gradual decline and trading activity is almost null, Turkish mills, unable to see the clear picture of the market, are not willing to commit to …

Worldsteel has revised down its 2022 global steel demand growth forecast to 0.4% on-year, giving 1.84 billion tonnes. This follows 2.7% growth in 2021. The correction is due to the impact on trade of the Russian invasion of Ukraine, which has created devastating effects on Ukraine, consequences for Russia and …

ArcelorMittal Kryvyi Rih (AMKR) is restarting blast furnace No.6 this week.

The firm previously said it will increase production of iron ore concentrate to 500,000 tonnes in April in preparation for resuming steelmaking.

AMKR Mining and Processing Plant No2 has continued running throughout the Russian invasion of Ukraine, although it …

The merchant pig iron market has quietened down in the past week amid ongoing price rises and lengthening lead times. Russian suppliers' difficulties in shipping contracted material also weighed on buyers' readiness to commit to purchasing, but some Russian tonnage was sold to the Mediterranean.

US buyers stepped back from …