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Asia Steel Market: Production Mixed Amidst Fed Rate Uncertainty and Trade Policy Concerns In Asia, steel production shows a mixed picture amidst global economic uncertainty. Recent satellite-observed activity levels at key steel plants do not show a direct correlation to developments described in the news article “The US Federal Reserve
Positive Outlook for European Steel Market Amid Activity Fluctuations and Strategic Halts Recent developments in Europe reveal a mixed yet optimistic steel market trend, primarily highlighted by the ArcelorMittal halts DRI-EAF projects in the EU and Keine Umstellung: Arcelor Mittal streicht Pläne für grünen Stahl zusammen. These articles detail ArcelorMittal’s
China Steel Market: Rebar Output Declines Amidst Fluctuating Iron Ore Prices – Activity Shifts Observed China’s steel sector faces fluctuating conditions as reflected in recent reports and plant activity. Rebar production is down, as highlighted in China’s rebar output down 1.6 percent in January-May, while iron ore production has also
German Steel Market: ArcelorMittal Maintenance Impacts Supply Amidst Stable Activity ArcelorMittal Eisenhüttenstadt is temporarily suspending blast furnace operations, as highlighted in “ArcelorMittal Eisenhüttenstadt to suspend blast furnace operation,” “ArcelorMittal in Eisenhuttenstadt will carry out annual scheduled maintenance work at mine 5A,” “ArcelorMittal Eisenhüttenstadt to implement annual scheduled repair work at
Asia Steel Market: Indian Safeguard Measures Boost Domestic Production; US-UK Trade Tensions Persist India’s steel sector shows strong domestic growth due to import restrictions, while trade tensions between the US and UK create uncertainty. The news article “India may halve steel imports in 2025 due to safeguard measures” reports on
ArcelorMittal Shutdown Impacts European Steel Supply: Satellite Data Signals Market Shift ArcelorMittal Eisenhüttenstadt’s temporary production halt in Germany, due to scheduled maintenance, impacts the European steel market. According to news articles “ArcelorMittal Eisenhüttenstadt to suspend blast furnace operation“, “ArcelorMittal in Eisenhuttenstadt will carry out annual scheduled maintenance work at mine