Last week ArcelorMittal continued to send mixed signals to the European market regarding the ongoing production recovery on the continent.

After announcing the restart of a blast furnace in Dunkirk, in northern France, the company also confirmed that other blast furnaces will be restarted during September in Fos-sur-Mer (south of …

China remained a net importer of steel in July by some margin. Although exports recovered from June, imports also increased with material from South and Southeast Asia leading the increases, especially Indian HRC, Kallanish notes.

China exported 4.176 million tonnes of steel in July, 12.76% higher than June but still …

Last week iron ore prices continued to move higher, especially during the first part of the week. Iron ore prices have been driven higher by a tight market for medium grade fines, but prices could be sustained by mills seeking to maintain output through the autumn.

On Wednesday, the Kallanish …

Last week the global billet market continued to remain firm thanks to the positive pricing sentiment for CIS material. After having supported the market strongly, Chinese demand softened somewhat, but market observers still believe the short- and medium-term prospects are good; therefore levels have not suffered from the reduction in …