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MEPS offers competitively priced benchmark steel prices, forecasts and analysis that is trusted worldwide. More than 50 Fortune Global 500 companies use MEPS steel price data to negotiate prices and gain a competitive advantage. Our research is fully independent, with no affiliation to any steel buying or selling organisations.
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4 days agoTime & Sales. Specs. Margins. Calendar. Protect margins, hedge physical positions, offer floating and fixed price physical transactions, and mitigate price risk more effectively with HRC Steel futures and options. The HRC Steel contract is settled against industry-approved price indices, disseminated by a respected price reporting agency.
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Every ton of steel produced in 2018 emitted on average 1.85 tons of carbon dioxide, equating to about 8 percent of global carbon dioxide emissions. 2 Consequently, steel players across the globe, and especially in Europe, are increasingly facing a decarbonization challenge. This challenge is driven by three key developments that go beyond the ...
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Introduction. Proven through increasing interest and volumes as the CME Group HRC futures and options contracts settlement price along with independent research, The CRU helps our customers across the steel supply chain to manage their businesses. The strength and reputation of our steel prices and analysis is upheld by a foundation built upon ...
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Prices soften on weaker steel demand outlook. Steel prices essentially collapsed in May through early July. The Russian invasion of Ukraine caused prices to rise by $500 per ton in Europe and the United States, but they were already back down by $600 or more by mid-July. Another $200-250 per ton is expected for coil; the question is whether ...
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Iron ore is not iron, it is a mixture of compounds containing iron. What is the word equation for the reduction of iron ore with carbon monoxide? iron oxide + carbon monoxide --> Iron + carbon ...
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Africa has the second largest ultimately recoverable resources (URR) of gigaton (Gt) iron (Fe) ore in the world. South Africa is among the countries in the world with high-quality iron ore deposits.
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Africa has the second largest ultimately recoverable resources (URR) of gigaton (Gt) iron (Fe) ore in the world. South Africa is among the countries in the world with high-quality iron ore deposits. The most significant sources of Fe ore in the African continent are hosted by the banded iron ore formation of Precambrian age with high-quality hematite (Fe2O3) bodies. Synthetic magnetite (Fe3O4 ...
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A single pellet sub-model was included in the global furnace model to simulate the successive reactions (hematite->magnetite->wustite->iron) involved in the process, using the concept of additive reaction times. The different steps of mass transfer and possible iron sintering at the grain scale were accounted for.
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