Market Analysis

The global steel market saw mixed trends; prices rose in the US while fluctuating in China. Iran’s steel output fell by 2.7%, with potential winter energy shortages being the main domestic challenge. autorenew thumb_up thumb_down

Steel Market Update: China sentiment improves amid strong exports, though prices ease slightly. Iron ore holds near $100/t. Coking coal rises, scrap dips. US trade policy news noted. Iran billet market sees auction/price disconnect. China-Vietnam infra deal.