Hier een nieuws overzicht van de staalmarkt op donderdag 6 mei, heb zojuist even een korte ronde gedaan van de updates zoals ik elke ochtend doe, elke paragraaf is een ander artikel.
EU apparent steel consumption will rise 12% in 2021, Eurofer says.
European steel association Eurofer believes that apparent steel consumption in the EU will increase by 11.7% year-on-year in 2021, it said on Thursday May 6.
The association also forecast a more moderate rise of 4.9% year-on-year in 2022, to return “above 2017 levels thanks to continued improvement in demand from steel-using sectors.”
As a result, EU apparent steel consumption was expected to reach 152 million tonnes in 2021 and 160 million tonnes in 2022. source .
Brazil FY steel consumption to grow 6-8% - ArcelorMittal.
ArcelorMittal foresees apparent steel consumption continuing to rise in Brazil during 2021, supported by higher activity in the construction sector and amid the recovery of some end-user markets, it said. source .
CHINA HRC: Domestic prices hit record high.
China’s domestic hot-rolled coil prices strengthened on Thursday May 6 amid strong demand, rising to record highs.
EUROPE HDG: Domestic prices continue rising on tight supplies, strong demand.
US HRC index above $74/cwt for 5th day in row.
Hot-rolled coil prices in the United States have now stood above $74 per hundredweight ($1,480 per short ton) for five consecutive business days, with tight supplies and strong demand projected to extend the rally, market participants said.