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ArcelorMittal Chooses Danieli Consignment Stock for Piracicaba Plant

The Danieli C-Stock Consignment Stock System represents a unique opportunity for metals producers to select Danieli as preferred provider for the supply of high-turnover items, including high-wear parts. The system allows customers to avoid costly procurement, to exploit dilution of parts expenses, and to enjoy from rapid and continuous availability, granting continuity of operation and…

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US Steel Prices Rebound in August

US flat product steelmakers are bucking the seasonal price trend, by pressing for a rise in local values, despite the summer lull in activity. Domestic suppliers, in an attempt to stave off the threat of further losses, introduced a series of list price hikes, during the July/August period. Local mills had little option but to…

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IRON ORE DAILY: Prices down amid uncertainty of restriction plans in Tangshan, upcoming tariffs

Physical iron ore prices retreat slightly on Thursday August 29 while market participants await confirmation of production restrictions in China. Fastmarkets iron ore indices 62% Fe fines, cfr Qingdao: $81.47 per tonne, down $0.98 per tonne. 62% Fe Pilbara Blend Fines, cfr Qingdao: $81.85 per tonne, down $0.98 per tonne. 62% Fe low-alumina fines, cfr…

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