Market News

  • Iron Ore & Steel Outlook

    • Iron ore is about steel production. According to the Department of Industry, it takes an average 1.4 tonnes of iron ore to produce one tonne of steel. Steel is used for a variety of industrial purposes but the biggest is construction, which accounts for 50% of demand. China is the elephant in the steel room. […]

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  • CARES rolling mark requirements

    • The CARES Steel for the reinforcement of concrete (SRC) scheme covers all stages in the production, distribution, processing and delivery to site of steel reinforcement. It requires a robust and effective system of product traceability from the steel producer to the construction site. The CARES rolling mark is unique to each approved manufacturer and allows […]

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  • CE marking of steel reinforcement

    • CE marking of steel reinforcement – no requirement for CE marking of steel reinforcement. There is some confusion amongst designers, consultants and specifiers as to whether steel reinforcement requires a CE mark. As there is currently no harmonised European Standard (hEN) it does not. What the sector has is a product certification scheme that in […]

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  • EU Steel Market Prices

    • EU Steel Market Prices and Demand Stabilise as Year-end Approaches Strip mill product basis prices were relatively stable, in most European markets, according to the November edition of MEPS European Steel Review. Major mills continue to promote further increases, with little response from buyers. However, steelmakers remain confident that modest rises can be implemented early […]

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