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Ferrosilicon Daily Express 8.26

  • Tuesday, August 27, 2019
  • Source:Ferro-Alloys.com

  • Keywords:ferrosilicon, futures, spot
[Fellow]Prices for most imported flat steel products in the United States have moved lower in line with their domestic counterparts.

[Ferro-Alloys.com The Liaoning Port Group opened three new routes from Dalian to Indonesia, Vietnam and Thailand, and South Korea in the first half of this year. Its foreign trade route network now covers more than 300 ports in over 160 countries and regions.

Prices for most imported flat steel products in the United States have moved lower in line with their domestic counterparts, while sources expressed bearish outlooks for the US market at year-end.

Prices for imported steel reinforcing bar in the United States have continued to decline amid reports of confirmed material purchases from Spain, Turkey and Algeria, with the domestic market steady.

Brazilian steel slab producers are close to resuming bookings of semi-finished material to clients in the United States for November shipment, while they look forward to the renewal of the annual Section 232 import quota for 2020.

ArcelorMittal Brasil has decided to continue the idling of blast furnace No2 at its Tubarão plant, in the southeastern Brazilian state of Espírito Santo, at least until the end of this year because of the tough market conditions, chief executive officer Benjamin Baptista told Fastmarkets on Wednesday August 21.

Click here for more information: Ferrosilicon Daily Express 8.26

 

  • [Editor:kangmingfei]

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