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US weekly steel capacity utilization climbs to 79.8%, highest since 2014: AISI

Tesla’s cobalt-light batteries seen providing cost advantage

Copper price takes another beating

[Ferro-Alloys.com] Pittsburgh — The US raw steel weekly capability utilization rate nearly reached the 80% mark once again last week, climbing to 79.8%, according to data released Tuesday by the American Iron and Steel Institute.

[Ferro-Alloys.com] Sao Paulo — Brazil exported 35.62 million mt of iron ore in August, up 4.4% from 34.12 million mt in the year-ago month, trade ministry data showed Tuesday.

U.S canceled Indonesian made stainless steel import tax

Shin-Etsu Chemical Co., Ltd. (Head Office: Tokyo, President, Yasuhiko Saitoh) will implement close to ¥110 billion in facility investments for its silicones business, one of its main businesses. It will expand its production capacity of silicone monomer, the i...

Crude oil futures stable on Russian data ahead of US stocks report