Brazilian flat, long steel imports down in September

Brazilian imports of flat and long steel dropped in September, with lower import volumes from China partially compensated for by higher volumes from Russia.

Imports of flat-steel products fell  9.9% year on year in September, to 79,715 tonnes from 88,498 tonnes the year before, according to figures released last week by the Brazilian economy ministry.
Shipments, however, increased 20% from August's level of 66,302 tonnes, as steel demand has been gradually recovering from the low levels caused by Covid-19.

Shipments of cold-rolled coil...

Bank of Japan boosts rates, continuing an unwinding carry trade

Gold stocks outperform equity market slide

Silver inventories rebound in UK, output from major producers rises

Silver's three-month outperformance continues

Silver & Copper Supply Distortions Continue