[Acero SMM]

Iron ore futures firmed modestly today. The DCE most-active contract I2701 settled at RMB 714/mt, up 0.85% from the previous session. Spot prices at Qingdao Port rose RMB 2-3/mt from the previous trading day. Traders were reasonably active in offering

[Flat products]Today HRC and some other flat-product export prices were steady day on day, with HRC transactions at 484-487 USD/tonne. Export prices have stabilised and rebounded in recent days and the market reports an increase in overseas enquiries, but buyers remain largely on the sidelines and actual deals have shown no clear improvement. [Billet]Today billet export FOB prices were steady, with Jiangyin port offers at 448-454 USD/tonne and order shipments mostly concentrated in October. According to market feedback, export prices are currently quoted mainly on a basis and have limited room to fall further, while overseas demand is driven by immediate needs and enquiry-to-deal conversion was ordinary. [Rebar]Today rebar export offers at Tianjin port were steady, with overall transactions at 472-477 USD/tonne. According to exporters, market enquiries were reasonable today and some mills received enquiries from the Dubai area. On deals, recent bookings have been mostly in small lots with no clear pick-up in volume, for September-October shipment

El productor de acero inoxidable con sede en Finlandia Outokumpu ha inaugurado una nueva planta de aglomeración de biocoke en Tornio, lo que representa una inversión de aproximadamente 34,7 millones de dólares. La instalación procesa biocarbón en biocoke para reemplazar el coque fósil en la producción de ferrocromo y podría reducir las emisiones de CO2 hasta en 82 000 toneladas anuales a plena capacidad. La producción de biocoke ya ha comenzado tanto para uso interno como para clientes externos. El proyecto respalda el objetivo de Outokumpu de reducir las emisiones de CO2 de la cadena de valor en un 42 % para 2030 respecto a los niveles de 2016.