Iron ore costs and finished steel prices appear to be on a downward trend. As at Q4 2023, we expect the bottom of the price cycle (the next pricing trough) to occur in mid-2025. Why not check out our 2024 / 2025 market outlook to learn more?
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“This year [2024] is a lost cause; [There are] No signs of demand recovery until the year-end and European mills are selling [HRC] at prices below costs to fill order books,” a steel service center in the Benelux area told Fastmarkets. As a result, European suppliers ...
In the fiscal year 2023, the total assets of Nippon Steel Corporation amounted to approximately 10.71 trillion Japanese yen.
With the use of EAFs in steelmaking increasing, there is a need to focus on strategic sourcing of scrap metal, one of the main components of EAFs. Steel companies need to secure scrap at the right price, volume and quality and ensure they stay in control of their costs and production capa...
"[Our] margins are squeezing. The current situation does not make sense as [raw material] costs are getting higher," said a source from a major Japanese mill. "We used to have historically healthy margins but now it's been hard."Minerals & Metals Review...
By 2030, the NG-DRI-EAF production route for green steel was expected to become economically viable, because costs related to carbon dioxide emissions were increasing amid the planned gradual phasing-out of the allocation of free carbon allowances under the EU’s Emissions Trading Syst...
Additionally, tool wear is often significant, which further exacerbates the problem of high cutting temperatures, leading to frequent rejection of hard machined parts during quality control and thus increased manufacturing costs. In this work, the background of surface integrity during machining of ...
Mill Cost Model - Welded Steel Tube - 2023. Conversion costs for a typical welded tube plant Please subscribe to any of our plans to see the cost model Tube and Pipe Cost Modelling Notes and Assumptions The Steel Costing Model The economic model shown above indicates how tube costs can be ...
Steel cos to raise prices on rising input costs Afterilompanies, it's nowheurnfteelirmsoike prices.teel pricesre expectedo gopetween 600upeesnd 1000upees peronne with effectrom June 1.heirstuchikehis yea... - 《Ips News Bulletin》 被引量: 0发表: 2011年 Steel companies raise concern ove...