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More than a year after Russia began a wide-scale invasion of Ukraine, many of the besieged country's artists have found themselves living as refugees.
Many domestic steel mills said that China’s export quotations of steel have once again enjoyed price advantages against the rising overseas steel prices since January, when the export profits were already significantly higher than those of domestic sales.
As of January 31, China’s export price of HRC was 118.4 yuan/mt higher than the average SMM domestic price, and the price difference increased by 115.1 yuan/mt from the previous month; the export price rose 304.22 yuan/mt from December 30.
SMM survey showed that the global shipments of iron ore totalled 31.37 million mt, up 16.1% WoW.
SMM statistics showed that China’s steel product port shipments under domestic trade totalled 5.66 million mt in the week of February 18-24, up 14% week-on-week.