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[Ferro-Alloys.com] Crude oil futures moved lower during mid-morning trade in Asia Wednesday as a bearish US crude inventory report and a strengthening dollar weighed on prices.

[Ferro-Alloys.com] Houston — US hot-rolled coil prices fell to the lowest level since June 1 as mills lower prices while buyers hold off on orders, sources said Monday.

[Ferro-Alloys.com] Tokyo — Demand for ordinary carbon steel from Japan's construction sector is forecast to drop by 7.8% year on year in September, but remain unchanged from August at 1.65 million mt, according to a survey from Japan's Ministry of Land, Infra...

[Ferro-Alloys.com] Sao Paulo — Brazilian steelmakers Gerdau and CSN attribute their long steel price hikes in the first half of 2018 to higher raw material and domestic freight costs, adding further increases are possible in the second half of the year.

[Ferro-Alloys.com] Sao Paulo — Brazilian integrated steelmaker CSN shipped 1.32 million mt of steel products in the second quarter of 2018, up 13% from 1.17 million mt in Q2 2017, according to results released Wednesday.

[Ferro-Alloys.com] New York — The petroleum futures complex tumbled Wednesday on concerns that new tariffs imposed by the US and China on each other would slow economic growth, and on refined product inventory builds in the US.

[Ferro-Alloys.com] Sydney — The Commonwealth Bank of Australia has raised its fiscal 2018-2019 iron ore price forecast for 62% Fe iron ore fines, on views that demand for mid-grade iron ore will increase as high-grade premium proves too costly, it said Tuesda...

[Ferro-Alloys.com] Sydney — Australian miner Mineral Resources said Tuesday its shipments of iron ore fell 24% year on year to 2.22 million wet mt in the April-June quarter following the cessation of mining at a Yilgarn project.