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Volatility in key currencies has been at the forefront of the minds of many steel and ferro-alloys producers, traders and buyers in 2023
Dried and bagged chromite prices on a FOB South Africa basis rose slightly during the two weeks to Tuesday September 19, with market participants reporting rising production costs due to high diesel prices in South Africa and a weak rand
Chinese seaborne manganese ore prices fell during the week to Friday September 8, following significant depreciation of the Chinese yuan against the US dollar, which added to buyer-side cost pressures, sources said
The weak Turkish lira and higher volumes of low-priced imports have resulted in reduced demand for domestic flat steel in Turkey in July and August, sources told Fastmarkets on Tuesday September 5
Turkish export prices for steel rebar and wire rod have remained stable over the past week despite limited demand, while domestic prices have inched upward on a weaker Turkish lira, market sources said on Thursday August 24