Protected: Arab Steel Magazine September – October 2024
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November 12, 2024
US steel exports down 13.3% in September
According to export data from the US Department of Commerce, monthly steel exports in September this year decreased 11.3% from August and down 13.3% year on year to 379,700 mt. In terms of value, US steel exports in September totaled $1.19 billion, compared to $1.33 billion in August and $1.27 billion in September last year.
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Iron ore prices fall by about 2%, approaching $100 per ton
Iron ore prices fell for a second straight session, as investors were disappointed with China’s recent fiscal measures. Iron ore futures for December delivery on the Singapore Exchange fell 1.81% to $100.7 per ton at 10:57 a.m. Mecca time, after falling 2.5% earlier in the trading session, and 2.8% at the end of last Friday’s
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