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Green Steel Investments Drive Optimism in Europe Amidst Stable Plant Activity

Green Steel Investments Drive Optimism in Europe Amidst Stable Plant Activity Europe’s steel market exhibits a positive sentiment fueled by strategic investments in green steel production, highlighted in news such as “Review of global steel production and production capacities conducted by MEPs,” which details significant projects by SSAB and Metinvest.

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China Steel Market Plummets Amid Chip Shortage and Trade Tensions

China Steel Market Plummets Amid Chip Shortage and Trade Tensions The Chinese steel market faces significant downward pressure. Steel plant activity has declined sharply, potentially influenced by the ongoing EU-China trade dispute over rare earths and semiconductors, as highlighted in “EU and China to hold talks to defuse trade dispute

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Asia Steel Market: Strong Rebar Production Amid Base Oil Dynamics

Asia Steel Market: Strong Rebar Production Amid Base Oil Dynamics Asia’s steel market shows robust rebar production, particularly in China and Pakistan, occurring alongside shifting base oil trade flows that may indirectly influence energy costs for steel production. “South Korea’s Sep base oil exports hit 11-month high,” “India’s Group I

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North American Steel Market Faces Downturn: Mexico’s Trade Deficit and Plant Activity Drop Signal Challenges

North American Steel Market Faces Downturn: Mexico’s Trade Deficit and Plant Activity Drop Signal Challenges North America’s steel market shows signs of weakness, primarily driven by economic challenges in Mexico and reduced steel plant activity. The contraction of Mexico’s economy, as reported in “Mexico’s economy contracts in 3Q“, coincides with

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