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Arab Steel Summit

November 13, 2023

Ukraine’s exports of semi-finished products declined by 40.4% during January-October 2023

In October 2023, steel companies of Ukraine reduced their exports of semi-finished products by 23.6% compared to September 2023 and increased by 59.6% compared to October 2022, reaching 110.12 thousand tons. The value of exports for this month decreased by 19.9% on a monthly basis and increased by 34.5% on an annual basis, reaching $52.9 …

Ukraine’s exports of semi-finished products declined by 40.4% during January-October 2023 Read More »

Report: Iron ore is approaching $130 per ton, with declining demand

Iron ore extended its gains, approaching $130 per ton CFR, amid expectations of some recovery in steel production and Goldman Sachs’ forecast that the raw materials market will face shortages this year. Australian iron ore 62% Fe prices rose by $1.5/ton to reach $129.25/ton CFR after rising by 22.5 yuan/ton ($3.1/ton) on the DCE exchange …

Report: Iron ore is approaching $130 per ton, with declining demand Read More »