# ![@vitocorlene Avatar](https://lunarcrush.com/gi/w:26/cr:reddit::t2_10x7vki9.png) @vitocorlene vitocorlene

vitocorlene posts on Reddit about china, $mt, stocks, $clf the most. They currently have [-------] followers and [---] posts still getting attention that total [--] engagements in the last [--] hours.

### Engagements: [--] [#](/creator/reddit::t2_10x7vki9/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:reddit::t2_10x7vki9/c:line/m:interactions.svg)

- [--] Week [---] -53%
- [--] Month [------] +209%
- [--] Months [------] +116%
- [--] Year [------] +67%

### Mentions: [--] [#](/creator/reddit::t2_10x7vki9/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:reddit::t2_10x7vki9/c:line/m:posts_active.svg)

- [--] Month [--] -33%
- [--] Months [--] -32%
- [--] Year [--] +58%

### Followers: [-------] [#](/creator/reddit::t2_10x7vki9/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:reddit::t2_10x7vki9/c:line/m:followers.svg)

- [--] Months [-------] no change
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### CreatorRank: [---------] [#](/creator/reddit::t2_10x7vki9/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:reddit::t2_10x7vki9/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[finance](/list/finance)  [countries](/list/countries)  [stocks](/list/stocks)  [currencies](/list/currencies)  [cryptocurrencies](/list/cryptocurrencies)  [financial services](/list/financial-services)  [technology brands](/list/technology-brands)  [automotive brands](/list/automotive-brands)  [exchanges](/list/exchanges)  [premier league](/list/premier-league) 

**Social topic influence**
[china](/topic/china), [$mt](/topic/$mt), [stocks](/topic/stocks), [$clf](/topic/$clf), [russia](/topic/russia), [ore](/topic/ore), [$nue](/topic/$nue), [$vale](/topic/$vale), [inflation](/topic/inflation), [$bhp](/topic/$bhp)

**Top accounts mentioned or mentioned by**
[@dowjonescom](/creator/undefined) [@steelmarketupdatecom](/creator/undefined) [@cking](/creator/undefined) [@ck](/creator/undefined)

**Top assets mentioned**
[ArcelorMittal (MT)](/topic/$mt) [Cleveland-Cliffs, Inc. (CLF)](/topic/$clf) [Nucor, Corp. (NUE)](/topic/$nue) [VALE S.A. (VALE)](/topic/$vale) [BHP Group Limited (BHP)](/topic/$bhp) [Freeport-McMoRan Inc (FCX)](/topic/$fcx) [Steel Dynamics, Inc. (STLD)](/topic/$stld) [Realio Network (RIO)](/topic/$rio) [The Macerich Company (MAC)](/topic/$mac) [Commercial Metals Company (CMC)](/topic/$cmc) [Bank of America (BAC)](/topic/bank-of-america) [GammaSwap (GS)](/topic/$gs) [GameStop, Corp. (GME)](/topic/$gme) [Robinhood Markets, Inc.  (HOOD)](/topic/$hood) [Teck Resources Limited (TECK)](/topic/$teck) [Kinder Morgan Inc (KMI)](/topic/$kmi) [Tesla, Inc. (TSLA)](/topic/$tsla) [Alchemy Pay (ACH)](/topic/$ach) [Advanced Micro Devices (AMD)](/topic/advanced-micro-devices) [Bitcoin (BTC)](/topic/bitcoin) [Goldman Sachs (GS)](/topic/goldman-sachs)
### Top Social Posts
Top posts by engagements in the last [--] hours

"$BHP $FCX & $RIO &VALE- Miners heading for new highs & a TOP-SECRET PLAY Vitards Vitards"  
[Reddit Link](https://redd.it/lg4j3d)  2025-09-07T15:14Z [--] followers, [----] engagements


"Happy Friday The market was flat today but if you are in steel or metal stocks you had a pretty great day. BIG CHINA UPDATE and more to cap off a bullish Friday Vitards Vitards"  
[Reddit Link](https://redd.it/lnv56o)  2025-02-06T14:07Z [--] followers, [---] engagements


"China Steel-Price Rally to Wane but Prices to Stay High; Industry Leaders Benefit Most Vitards Vitards"  
[Reddit Link](https://redd.it/ne2r53)  2025-02-06T15:02Z [--] followers, [---] engagements


"Maersk winds down operations in Russia plans to sell all assets Vitards Vitards"  
[Reddit Link](https://redd.it/tkffqe)  2025-02-06T15:20Z [--] followers, [---] engagements


"$GS & other banks - I believe an opportunity for us to profit by puts - The Robinhood Melvin Capital & $GME angle Vitards Vitards"  
[Reddit Link](https://redd.it/l90qrv)  2025-07-19T00:37Z [--] followers, [---] engagements


"China update - Returning from Lunar New Year - Iron Ore Scrap and Steel increases and more news from across the globe Vitards Vitards"  
[Reddit Link](https://redd.it/ln3n44)  2025-02-08T13:42Z [--] followers, [---] engagements


"Copper resumes gains even as China battles against commodity price surge Vitards Vitards"  
[Reddit Link](https://redd.it/nkb1x4)  2025-02-16T18:04Z [--] followers, [---] engagements


"Freeport CEO sees copper scarcity outweighing Chinese threats - I said to ignore the saber rattling - $FCX & $TECK Vitards Vitards"  
[Reddit Link](https://redd.it/nmlyp3)  2021-05-28T00:49Z [--] followers, [---] engagements


"Ocean freight - Serious headache now to secure vessel for international trade via water Vitards Vitards"  
[Reddit Link](https://redd.it/pym9fz)  2025-02-06T14:40Z [--] followers, [---] engagements


"US Supreme Court dismisses hearing on Section [---] Turkish steel tariff dispute Vitards Vitards"  
[Reddit Link](https://redd.it/trn9cz)  2025-02-09T22:51Z [--] followers, [---] engagements


"MT - Upgraded 🚀🚀 wallstreetbets wallstreetbets"  
[Reddit Link](https://redd.it/kdo4i5)  2025-10-17T03:42Z [--] followers, [----] engagements


"$MT - a further dive into why this IS the steel play of [----] wallstreetbets wallstreetbets"  
[Reddit Link](https://redd.it/kh2tvc)  2025-02-12T02:15Z [--] followers, 29.5K engagements


"Domestic Steel mills announce 3rd increase - in less than a month wallstreetbets wallstreetbets"  
[Reddit Link](https://redd.it/khk51w)  2020-12-21T16:00Z [--] followers, [----] engagements


"ArcelorMittal Nippon Steel to build new electric arc furnace in U.S. wallstreetbets wallstreetbets"  
[Reddit Link](https://redd.it/khwt6x)  2025-07-25T03:41Z [--] followers, [----] engagements


"$MAC - undervalued and being accumulated wallstreetbets wallstreetbets"  
[Reddit Link](https://redd.it/kqov54)  2021-01-05T02:56Z [--] followers, [----] engagements


"Steel Stock Updates $X $CLF $CMC wallstreetbets wallstreetbets"  
[Reddit Link](https://redd.it/kt5mpr)  2021-01-08T16:15Z [--] followers, [----] engagements


"$KMI - 2021's logistic play on commodities - Natural Gas Crude Oil Coking Coal and STEEL - $MT $NUE $SCHN $CLF $X $VALE $F & $TSLA and the list goes on. . . wallstreetbets wallstreetbets"  
[Reddit Link](https://redd.it/kvgenj)  2025-12-10T19:39Z [--] followers, 10K engagements


"$MAC - My DD from WSB Vitards Vitards"  
[Reddit Link](https://redd.it/kx72yd)  2021-01-14T14:52Z [--] followers, [---] engagements


"Upgrades - $NUE & $STLD Dark Pool Trades in $MT & $VALE Vitards Vitards"  
[Reddit Link](https://redd.it/lc3zar)  2025-06-19T03:26Z [--] followers, [---] engagements


"$BHP - Earnings Highlights Vitards Vitards"  
[Reddit Link](https://redd.it/lksrxj)  2025-07-19T22:34Z [--] followers, [---] engagements


"Copper hits new highs - $FCX Vitards Vitards"  
[Reddit Link](https://redd.it/lnkkci)  2025-02-12T02:15Z [--] followers, [---] engagements


"$ACH - China Aluminum Vitards Vitards"  
[Reddit Link](https://redd.it/lpomly)  2024-12-11T20:10Z [--] followers, [---] engagements


"The High-Growth stock exodus. Inflation. Cyclicals. China Asian Markets India and US - Steel Iron Ore Scrap and Coking Coal News. Also a look into steel making and the future of "Green Steel" and decarbonization. News on Section [---] Tariffs. Lots to share Vitards Vitards"  
[Reddit Link](https://redd.it/lq8vc7)  2025-11-06T10:31Z [--] followers, [---] engagements


"Jerome Powell to testify @ [--] am to Congress on unemployment monetary policy and potential Yield Curve Control Vitards Vitards"  
[Reddit Link](https://redd.it/lqijpf)  2025-11-05T10:03Z [--] followers, [---] engagements


"What happened What's going to happen The 10-year the DXY and the USD. Stimulus + Infrastructure = JPOW goes Brrrr. The China 5-year plan announcement and how all of this will effect steel and metals. Vitards Vitards"  
[Reddit Link](https://redd.it/lv03mh)  2021-03-01T04:36Z [--] followers, [----] engagements


"Global Iron-Ore Exports Seen Edging Higher - $VALE $RIO $BHP Vitards Vitards"  
[Reddit Link](https://redd.it/m1o7i9)  2025-07-19T22:34Z [--] followers, [---] engagements


"Iron ore prices exceed $200/mt CFR mark for first time since [----] Vitards Vitards"  
[Reddit Link](https://redd.it/n6lddr)  2024-11-06T11:13Z [--] followers, [---] engagements


"Global BPI suppliers keep pushing up prices Vitards Vitards"  
[Reddit Link](https://redd.it/neljuf)  2025-08-02T19:06Z [--] followers, [---] engagements


"Why Copper Is Finding Momentum Again Vitards Vitards"  
[Reddit Link](https://redd.it/net9fk)  2024-12-12T16:44Z [--] followers, [---] engagements


"Steelmakers Keep Old Plants Idle Despite Surging Prices - see the last sentence Vitards Vitards"  
[Reddit Link](https://redd.it/nwn38e)  2025-06-19T03:26Z [--] followers, [----] engagements


"Brazilian high grade iron ore price remains in uptrend Vitards Vitards"  
[Reddit Link](https://redd.it/o0r0y0)  2025-11-06T10:31Z [--] followers, [---] engagements


"Major automakers turn the corner on global chip shortage Vitards Vitards"  
[Reddit Link](https://redd.it/o6fake)  2025-07-19T02:06Z [--] followers, [---] engagements


"Whats going on Is the thesis dead. . .it sure feels like it today Its not and here is why. . . Vitards Vitards"  
[Reddit Link](https://redd.it/of7m5a)  2021-07-07T00:16Z [--] followers, [----] engagements


"Steel Dynamics Inc. raises US rebar prices by $50/ton Vitards Vitards"  
[Reddit Link](https://redd.it/pfw9gj)  2025-02-06T16:11Z [--] followers, [---] engagements


"Turkeys local and export billet prices surge amid force majeure in Ukraine unofficial halt to Russian trading Vitards Vitards"  
[Reddit Link](https://redd.it/t5emci)  2024-11-24T09:40Z [--] followers, [---] engagements


"Asia fully redirects slab export volumes mainly to Europe which actively restocks at higher prices amid lack of alternative Vitards Vitards"  
[Reddit Link](https://redd.it/t93wog)  2025-04-27T19:21Z [--] followers, [---] engagements


"Price of Brazilian high-grade iron ore remains in uptrend Vitards Vitards"  
[Reddit Link](https://redd.it/t93xin)  2025-11-06T10:31Z [--] followers, [---] engagements


"China's Jan-Feb steel output dips 10% amid property sector slowdown Vitards Vitards"  
[Reddit Link](https://redd.it/tfj8aa)  2024-11-24T11:14Z [--] followers, [---] engagements


"Russias Evraz fails to make bond coupon payment due to sanctions Vitards Vitards"  
[Reddit Link](https://redd.it/tkfghe)  2024-11-24T05:49Z [--] followers, [---] engagements


"Fitch Ratings increases mining price assumption for [----] Vitards Vitards"  
[Reddit Link](https://redd.it/tllfsf)  2025-12-08T20:37Z [--] followers, [---] engagements


"Brazilian export slab prices expected to rise further Vitards Vitards"  
[Reddit Link](https://redd.it/tqycp7)  2024-10-24T20:27Z [--] followers, [---] engagements


"ATSG - a sneaky play on AMZN wallstreetbets wallstreetbets"  
[Reddit Link](https://redd.it/k884od)  2025-02-10T10:18Z [--] followers, [----] engagements


"Steel Scrap Update - 🚀🚀🚀 $MT $SCHN $CMC $X $CLF $VALE $NUE $STLD Vitards Vitards"  
[Reddit Link](https://redd.it/kwiebk)  2024-11-17T09:24Z [--] followers, [---] engagements


"To answer all the DMs questions I keep getting on earnings season for steel companies Vitards Vitards"  
[Reddit Link](https://redd.it/kystku)  2025-07-02T18:37Z [--] followers, [---] engagements


"My response to a question that many others have DMd me about re: steel market from 2006-2011 and correlation of steel prices to stock prices. Vitards Vitards"  
[Reddit Link](https://redd.it/kzzn06)  2026-01-28T21:10Z [--] followers, [---] engagements


"$MT - crushes earnings [--] share BUY BACKS and a DIVIDEND announced 🚀🚀🚀 Vitards Vitards"  
[Reddit Link](https://redd.it/lhk9vt)  2026-02-03T13:04Z [--] followers, [---] engagements


"Friday News - sit down pour a 🥃 and put on some Tom Petty Because the waiting is the hardest part 🎶 Vitards Vitards"  
[Reddit Link](https://redd.it/m8szfu)  2025-07-02T18:37Z [--] followers, [---] engagements


"$MT - A revisit updated PT & more steel stock news & PT updates Vitards Vitards"  
[Reddit Link](https://redd.it/mkmm07)  2026-01-27T22:09Z [--] followers, [----] engagements


"ArcelorMittal increases offers again by Eur20/mt for HRC Eur50/mt for CRC/HDG Vitards Vitards"  
[Reddit Link](https://redd.it/n1rx1t)  2026-01-27T22:09Z [--] followers, [---] engagements


"JPM - jumping in the play - J.P. Morgan quant strategists advise 'buy in May and go away' - narrative now being pumped by the banks Vitards Vitards"  
[Reddit Link](https://redd.it/n3562g)  2025-04-01T18:12Z [--] followers, [---] engagements


"More on $ATSG insider buying Vitards Vitards"  
[Reddit Link](https://redd.it/nkgt9x)  2024-10-23T01:51Z [--] followers, [---] engagements


"Brigading other subs Vitards Vitards"  
[Reddit Link](https://redd.it/nzz7w6)  2021-06-14T22:46Z [--] followers, [----] engagements


"China removal of export tax rebates seen boosting steel import prices Vitards Vitards"  
[Reddit Link](https://redd.it/oujgky)  2026-01-27T22:09Z [--] followers, [---] engagements


"The Thesis - Is Dead Long live The Thesis. Global Steel Updates Inputs Macros China The Market and my ramblings. Vitards Vitards"  
[Reddit Link](https://redd.it/qb19rg)  2024-11-30T20:53Z [--] followers, [----] engagements


"EU long steel prices to jump on supply concerns conflict - $MT news Vitards Vitards"  
[Reddit Link](https://redd.it/t5t542)  2026-01-27T22:09Z [--] followers, [---] engagements


"Iron ore rise continues despite Covid-19 lockdowns Vitards Vitards"  
[Reddit Link](https://redd.it/trnahf)  2022-03-29T21:28Z [--] followers, [---] engagements


"What happened What's going to happen The 10-year the DXY and the USD. Stimulus + Infrastructure = JPOW goes Brrrr. The China 5-year plan announcement and how all of this will effect steel and metals. What's going on with the market What's going on with steel What happened to our "Commodity Super Cycle" I'm sure if you are here those are your most pressing questions. I'm going to try and lay it out as I see it and where I believe we are going next. This is going to be long and detailed and as many of you already know I don't TL;DR. So if you are one of those afflicted with ADHD now is time to"  
[Reddit Link](https://redd.it/lv03mh)  2021-03-01T04:36Z 129K followers, [--] engagements


"$AMD - taking advantage of BTC fever What Happened: Advanced Micro Devices Inc. (NASDAQ: AMD) may be looking to release its own cryptocurrency mining-specific GPUs according to reports. AMD's GPUs were originally manufactured exclusively for Apple Inc (NASDAQ: AAPL) but a recent announcement from the company communicating a 'set of fixes' to the AMDGPU kernel driver suggests that the graphics card will be repurposed for cryptocurrency mining. Specifically the GPU no longer supports Video Core Next (VCN) which renders it effectively useless for gamers but an ideal option for cryptocurrency"  
[Reddit Link](https://redd.it/m1p4jy)  2021-03-10T04:17Z 129K followers, [--] engagements


"Chinese steel output reduction policies gaining traction: CBA analyst Chinese policy objectives to reduce crude steel output seem to be gaining traction after daily output in July fell to its lowest level in [--] months Commonwealth Bank of Australia analyst Vivek Dhar wrote in a research note Aug. [--]. Chinese crude steel output averaged [---] million mt/day in the month the lowest since it the [----] million mt/day recorded in March [----] CBA said citing data from China's National Bureau of Statistics. While reducing steel output to reduce emissions has been on the policy table since the end of"  
[Reddit Link](https://redd.it/p6rfzg)  2021-08-18T13:44Z [--] followers, [--] engagements


"Steel stocks getting ready for lift off 🚀 I have been in the steel business for 25+ years - buying and selling US domestically produced and imported steel from over [--] countries. Over the past [--] weeks we have not seen steel prices surge like this since [----]. https://www.google.com/amp/s/www.cnbc.com/amp/2020/12/11/chinas-iron-ore-prices-spike-10percent-to-a-record-high-on-supply-concerns.html Supply concerns have spiked prices but also increased demand in finished goods - large appliances construction materials - rebar fasteners steel beams steel plate etc"  
[Reddit Link](https://redd.it/kcqkax)  2020-12-14T04:29Z 129K followers, 40.4K engagements


"Steel scrap - UPDATE THIS IS WHY ITS NOT CURRENTLY BUILT INTO STOCKS info is changing by the day: Outlook for January ferrous scrap pricing remains strong Expectations for January scrap prices in the US remain upward even after the December steel scrap buy week brought the biggest monthly shredded scrap price increases in over a decade. Platts US shredded scrap index was calculated at $373.25lt delivered Midwest Dec. [--] unchanged from Dec. [--]. In December trading the index rose by more than $80 from November. Some market sources expected another major increase in January while some others"  
[Reddit Link](https://redd.it/khk28d)  2020-12-21T15:56Z 129K followers, [----] engagements


"$MT - Update #3 and why it will 🚀 Fresh off another two day ban Im back to share some IMPORTANT DEVELOPMENTS. First though a couple of things: [--]. I joined Reddit two years ago because someone suggested I look at something on there havent used it until recently when my son rushed me to start posting because I helped a lot of people on the way down and on the way back up make $. [--]. Ive been in the steel business for [--] years and own my own company with sales and operations throughout US Canada and Mexico. I no longer handle the day to day but am still President. Im also helping an EV company I"  
[Reddit Link](https://redd.it/kjg7nh)  2020-12-24T14:22Z 129K followers, 17.2K engagements


"Steel now at [----] record prices As of 12/24 - US Hot rolled coil was at or above $1000/ton depending on suppliers. https://www.metalbulletin.com/Article/3968525/hot-rolled-coil/US-hot-rolled-coil-index-continues-at-historic-highs.html This of course will help domestic manufacturers but it has opened the door for these countries: As of May [--] 2019: All countries of origin except Argentina Australia Canada and Mexico. As of June [--] 2018: Argentina Brazil and South Korea. As of June [--] 2018: Argentina. For both steel and aluminum imports of United States origin are NOT covered by the Section 232"  
[Reddit Link](https://redd.it/kkvl7p)  2020-12-27T02:44Z 129K followers, [----] engagements


"Steel Stock Holders - stay calm and BTFD 🚀🚀🚀 Guys stay calm Lots of noise this morning over impeachment and other shit that doesnt mean anything. A lot of dip buying came in and if you bought the dip at open good for you. Remember the Biden MULTI-TRILLION infrastructure plan is coming this week. Here is info hot off the presses on steel in Europe and Asia: Northwest EU rebar prices rocket 🚀 above 12-YEAR HIGH on scrap concerns Northwest European domestic rebar prices have jumped sharply and mills have continued to raise offer prices amid continued pressure from soaring scrap prices market"  
[Reddit Link](https://redd.it/kv4k40)  2021-01-11T15:15Z 129K followers, [----] engagements


"The First DD that started all of this on WSB Steel stocks getting ready for lift off 🚀 I have been in the steel business for 25+ years - buying and selling US domestically produced and imported steel from over [--] countries. Over the past [--] weeks we have not seen steel prices surge like this since [----]. https://www.google.com/amp/s/www.cnbc.com/amp/2020/12/11/chinas-iron-ore-prices-spike-10percent-to-a-record-high-on-supply-concerns.html Supply concerns have spiked prices but also increased demand in finished goods - large appliances construction materials - rebar fasteners steel beams steel"  
[Reddit Link](https://redd.it/kwzg4h)  2021-01-14T05:40Z 129K followers, [---] engagements


"KMI - Earnings Recap Kinder Morgan (NYSE:KMI) +2.3% post-market after reporting better than expected Q4 earnings as natural gas shipping volumes rose 6% Q/Q after the coronavirus-induced slump slowed volumes earlier in [----]. The company maintains its $0.2625/share quarterly dividend and reaffirms its planned 3% increase in the annual dividend for [----] to $1.08/share. Q4 distributable cash flow per share fell to $0.55 from $0.59 the year-ago quarter but DCF exceeded the declared dividend by $652M. For [----] Kinder Morgan expects net earnings of $2.1B or $0.92/share compared with $119M in 2020"  
[Reddit Link](https://redd.it/l1lybh)  2021-01-20T23:53Z [--] followers, [---] engagements


"Steel prices and steel/mining stocks - WTF is going on A DEEP Dive and The Super Cycle. Dear Vito "Are my $21 $VALE calls going to print next week I have been reading all your DD's and also have $MT February [--] $35's - thoughts I'm really worried as I put all my portfolio into these calls" Dear Vitard Thanks for reading my DD's. With that being said I do not think you can read. I understand the nervousness - as I would be nervous too and would have never bought either one of those positions. I wish you luck. This is how most of my week was spent in regards to r/Vitards and the many many DM's."  
[Reddit Link](https://redd.it/l4d8zj)  2021-01-25T01:57Z 129K followers, [----] engagements


"Steel Short Interest Stocks & The Bubble Does anyone else feel like something is off I think the fear has set in. Even investors holding GME are scared - not knowing when to jump off afraid they will miss more gains. Tulip-mania is alive and thriving. Instead of tulips its short-interest stocks. The rise of the retail investor is awesome. It really has been great to see the average person become a millionaire at the expense of billionaires and hedge funds. Vitos 🎩 is off to all. For years and decades Wall Street has tried to make all of this look so difficult and overwhelming that you bought"  
[Reddit Link](https://redd.it/l6ptbv)  2021-01-28T06:15Z 129K followers, [---] engagements


"Lunar New Year has started. . .China is buying scrap. . .now Turkey quickly follows. . .the dip was bought. . .higher highs on the way for steel prices. . .why China prices dipped the past month and will recover. . .and the US pricing response. Usually this is the time of year that China shuts down completely for the next 2-3 weeks. There is no communication or activity out of their mills. I have said in previous DDs if China is buying before the end of Lunar New Year its a super bullish sign. Well they waited a day and then Turkey countered. I said this was a game of chicken on many levels."  
[Reddit Link](https://redd.it/ljjoe1)  2021-02-14T07:07Z 129K followers, [---] engagements


"Brent Oil and WTI both above $60/bbl hitting fresh highs steel follows oil and another Supercycle Confirmation Bias https://www.morningstar.com/news/marketwatch/2021021579/oil-futures-reach-13-month-high-as-global-stocks-advance-with-us-markets-shut https://www.google.com/amp/s/www.wsj.com/amp/articles/oil-prices-reach-fresh-highs-as-cold-blast-hits-texas-11613394038 The rally in commodities that some say is the start of a supercycle continued on Monday buoying resource stocks. The West Texas Intermediate contract the leading benchmark for oil in the U.S. topped $60 a barrel for the first"  
[Reddit Link](https://redd.it/lkp7os)  2021-02-15T22:42Z 129K followers, [---] engagements


"HRC Futures - Big movement today 🚀 December is now $800 and July touched $1004 as todays high. Higher prices are coming. https://www.investing.com/commodities/us-steel-coil-contracts Vitards Vitards"  
[Reddit Link](https://redd.it/llj9nn)  2021-02-17T01:54Z 129K followers, [---] engagements


"Inflation Retail Sales SMASH https://www.cnbc.com/2021/02/17/this-is-not-inflation-economist-says-expectations-are-unanchored-from-reality.html It may be a rocky morning/day as treasury yields continue to rise. https://www.google.com/amp/s/www.cnbc.com/amp/2021/02/16/us-bonds-treasury-yields-rise-following-presidents-day.html https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/wrapup-1-u-retail-sales-133736182.html The value of total sales increased 5.3%from the prior month Commerce Department figures showed Wednesday. Economists surveyed by Refinitv expected sales to climb 1.1%. Lets"  
[Reddit Link](https://redd.it/llvopn)  2021-02-17T14:29Z 129K followers, [---] engagements


"Bad News: Macro economics at play here today lets see how we finish - Employment dragging market and sell-off from Tech continues / Good news: HRC futures up again and more on international steel and scrap market Bad news: Unemployment claims spike pre-market sold off further after release of the numbers. https://apnews.com/article/us-jobless-claims-rise-861k-0892fb985df8bb747f27f8910cf023f4 Winter weather has blanketed much of the US stopping transit of goods and in many cases manufacturing at mills. Tech continues to slide Wall Street slips on surprise rise in jobless claims tech slide"  
[Reddit Link](https://redd.it/lmq4sy)  2021-02-18T16:06Z 129K followers, [---] engagements


"Scrap & China Updates As promised in last nights DD: WEEKLY SCRAP WRAP: Global scrap prices reclaim upward trajectory Turkish deepsea import scrap prices continued to rise sharply last week as Turkish mills were heard to have booked at least [--] March and April shipment cargoes at steadily higher price levels sources said. S&P Global Platts assessed Turkish imports of premium heavy melting scrap 1/2 (80:20) Feb. [--] at $456/mt CFR up $33.50/mt on week. Both mill and recycler sources are expecting further near-term price upside including up to and above the near 10-year price high of $482.50/mt"  
[Reddit Link](https://redd.it/lvsce7)  2021-03-02T03:03Z 129K followers, [---] engagements


"$MT - A Deep Dive on the [----] Annual Report - Results R&D Competitive Advantages Financials Outlook and [----] Highlights Vitards As promised I did a DEEP dive and read all [---] pages of ArcelorMittal's [----] annual report. Many of you already know some of what I'm going to share but others are newer here so I'm going to give a bit of who $MT is along the way. With that being said here we go: ArcelorMittal has steel-making operations in [--] countries on four continents including [--] integrated and mini-mill steel-making facilities following the sale of ArcelorMittal USA. As of December [--] 2020"  
[Reddit Link](https://redd.it/m60drn)  2021-03-16T03:53Z 129K followers, [----] engagements


"Steel - global update buying opportunity today All in all we expect the proposals if implemented to keep prices elevated and sustain the current scarcity of steel even beyond the quarter ending June 2022" the report read. Narrative changing further. . . https://www.cnbctv18.com/market/commodities/edelweiss-retains-positive-outlook-on-ferrous-space-recommends-buy-rating-for-tata-steel-sail-jspl-8682161.htm https://www.metalbulletin.com/Article/3980947/Carbon-steel/CHINA-HRC-Lull-persists-in-export-market-amid-rebate-jitters.html"  
[Reddit Link](https://redd.it/mbg7ys)  2021-03-23T14:42Z 129K followers, [---] engagements


"Analysis: Ready to roll: China flat steelmakers set to cash in on manufacturing boom "The most fast-growing period for steel equities has not come yet" according to Tang Chuanlin analyst with CITIC Securities. "The steel (performance) is not just a quarterly matter but a certainty of the year." https://www.reuters.com/article/us-china-steel-analysis-idUSKBN2BL32H Steel demand from manufacturing is improving significantly and the ferrous sector will have the biggest supply shortage since [----] when supply-side reforms slashed steel mill capacities analysts with CITIC Securities said in a note."  
[Reddit Link](https://redd.it/mg59m8)  2021-03-30T01:58Z [--] followers, [---] engagements


"$SCHN - earnings CRUSH Diluted earnings per share from continuing operations of $1.54 more than triple earnings per share of $0.50 in the first quarter of fiscal [----] and compared to $0.14 in the second quarter of fiscal 2020Adjusted diluted earnings per share from continuing operations of $1.51 compared to adjusted diluted earnings per share of $0.57 in the first quarter of fiscal [----] and $0.31 in the second quarter of fiscal 2020Net income of $46 million more than triple the net income of $15 million in the first quarter of fiscal [----] and compared to net income of $5 million in the second"  
[Reddit Link](https://redd.it/mm0joi)  2021-04-07T12:04Z 129K followers, [---] engagements


"CIS-based billet exporters prepare for further price hike amid higher Chinese bids CIS-based billet exporters have been preparing for further price hikes even though the workable levels are still low in the Mediterranean market. Rising bids from Chinese customers have provided support for ex-CIS billet prices. A number of large CIS-based producers have been in negotiations with Chinese billet importers since last week. A large ex-Ukraine cargo is rumored to have already been sold to China. Though the final price in the deal is not clear by the time of publication the tradable level on Friday"  
[Reddit Link](https://redd.it/mzc4e4)  2021-04-27T00:22Z 129K followers, [---] engagements


"'Unprecedented Steel Bubble': Here's How To Play It I think we need to come up with a new flair called Bullshit Shes back $BACs resident genius steel expert Timna Tanners. I agree with one thing only and that is the assessment of $X - which I have been consistent about. Otherwise Id like to challenge Timna Tanners to a live debate. Bubble - it sure looks like it if you know nothing about overall market dynamics. Anyhow here is her two cents: Record U.S. steel prices have steel stocks soaring but Bank of America analyst Timna Tanners said Wednesday the steel stock party won't last forever."  
[Reddit Link](https://redd.it/n1gnii)  2021-04-29T23:00Z 129K followers, [---] engagements


"Asian billet soars on rising buying indications hitting new high Asian billet prices rose sharply April [--] as buyers were willing to pay higher prices amid stronger offers after China cut 2% billet import tax refreshing a new high since October [----]. Platts assessed Southeast Asia 5SP [---] mm spot billet at a mid-point of $670/mt CFR Manila up $15/mt day on day.In the Philippines offers for ASEAN 3SP [---] cargo mildly rose to $685-$690/mt CFR Manila up $5/mt while the highest bid raised sharply to $680/mt CFR for [---] mm material up $15-20/mt. Though buyers did not accept $680/mt CFR for [---] mm"  
[Reddit Link](https://redd.it/n292b5)  2021-05-01T02:21Z 129K followers, [---] engagements


"The April jobs report - the analysts were wayyyy off Dont let it scare you. U.S. job growth far below expectations in April amid labor shortages https://reut.rs/3nTYCj9 The jobs added missed analysts expectations by [------]. Something seems wonky to me with this report. My guess is we see a revision next month. I was actually not surprised as many are not returning to the workforce due to the amount on money they are earning to Netflix and chill. I think another bull trap in tech is setting up. This is not a political post or discussion but rather pointing out the challenges that employers are"  
[Reddit Link](https://redd.it/n6y743)  2021-05-07T13:13Z [--] followers, [---] engagements


"Turkey increases local and export HRC prices once again By the end of the week domestic HRC prices in Turkey have settled at $1070-1100/mt ex-works up by around $20/mt over a couple of days. Still some sources say that this week there have been small lots sold to large customers at $1050-1060/mt ex-works. It is reported that the Turkish mills are almost sold out for August production and are getting ready to offer firmly for September. In the export segment there have been small and medium-sized sales to southern Europe at $1060-1070/mt FOB from Turkey followed by around [-----] mt in total"  
[Reddit Link](https://redd.it/n7c3t8)  2021-05-07T23:32Z [--] followers, [---] engagements


"Local billet prices in China keep rising and CIS-based exporters bullish though market unsettled The CIS billet market has showed sharp price increases this week amid surge in prices in China. Local tags in China have been going up three days in a row. CIS mills are in negotiations with Chinese customers but the market is unsettled for now due to high volatility. Steel mills in Tangshan have increased billet prices once again by RMB 100/mt ($15.6/mt) on Wednesday May [--] to RMB 5770/mt ($898/mt) ex-works. If to exclude [--] percent VAT this level corresponds to $795/mt. As a result most market"  
[Reddit Link](https://redd.it/nb2x26)  2021-05-12T23:44Z [--] followers, [---] engagements


"Iron ore prices decrease sharply as they were too high Import iron ore prices in China have moved down sharply today Thursday May [--] following significant rises over the past few days after Labor Day holiday. Nevertheless prices have indicated big increases compared to last week. Iron ore fines with [--] percent Fe content have lost $18/mt compared to May [--] to $217/mt CFR. However this level is $15.25/mt above that seen a week ago on May [--]. Brazilian iron ore with [--] percent Fe has seen a drop of $14.8/mt today to $249.2/mt CFR up $14.2/mt week on week SteelOrbis has learned. On May [--] no deal"  
[Reddit Link](https://redd.it/nbz1l5)  2021-05-14T03:15Z 129K followers, [---] engagements


"ArcelorMittal rises coil prices once again in the European market Global steel giant ArcelorMittal has increased its coil offers across Europe for the second time this month on the back of the persisting lack of material. Its new offers for HRC are at 1100/mt ex-works up 50/mt compared to last week. At the same time ArcelorMittal's offers for CRC and HDG are both at 1250/mt ex-works also up 50/mt compared to the previous levels. According to sources other domestic mills had already been offering HRC at 1100/mt in the past few days. Meanwhile the range of prices achievable in the EU market for"  
[Reddit Link](https://redd.it/nbzfgy)  2021-05-14T03:37Z 129K followers, [---] engagements


"Steel shipments shot up by 18% in March U.S. steel mills shipped [----] million tons of steel in March the most recent month for which data is available according to the Washington D.C.-based trade association the American Iron and Steel Institute. That's an 18% increase as compared to the [----] million tons shipped in February and a 1.9% increase from the [---] million tons shipped in March [----]. Steel shipments are a key metric of the financial health of the steel industry as they reflect the amount of steel actually sold to customers such as automakers appliance manufacturers and service"  
[Reddit Link](https://redd.it/ne2vba)  2021-05-17T01:06Z 129K followers, [---] engagements


"Steel prices fall in China after govt efforts to curb months-long surge / Drop pressures some firms but helps market stability: analysts Steel prices in China have been pulling back significantly following months of soaring levels a trend that is even creating pressure on certain companies especially small and medium-sized players in the sector industry representatives said. The price drops came after Chinese authorities launched a new round of measures to curb soaring prices in a bid to ease the cost pressures on downstream industries like electronics producers. The measures while affecting"  
[Reddit Link](https://redd.it/ne2zrh)  2021-05-17T01:13Z 129K followers, [---] engagements


"Steel Stocks Are Soaring Despite Talks to Cut Tariffs. Here's Why. -- Barrons.com The U.S. and Europe are in talks to remove Trump-era steel tariffs. The potential for reduced trade barriers has the potential to ding steel-producer shares but investors don't appear worried Monday morning. That wasn't the case early in the day. Shares of United States Steel (ticker: X) Cleveland-Cliffs (CLF) as well as electric-arc furnace-based producers Steel Dynamics (STLD) and Nucor (NUE) were down about 1.5% on average in premarket trading. S&P [---] and Dow Jones Industrial Average futures for comparison"  
[Reddit Link](https://redd.it/neliha)  2021-05-17T16:57Z 129K followers, [---] engagements


"Indias EEPC seeks quantitative restrictions on steel exports to rein in prices Indias Engineering Export Promotion Council (EEPC) has applied to the countrys government seeking the imposition of quantitative restrictions on steel exports from the country to rein in prices an official of the Council said on Monday May [--]. The EPPC said that the government needed to impose both tariff and non-tariff barriers to exports including exercising the option of a levy of export tax on steel shipments overseas to check rising domestic prices. According to the EEPC value addition to steel and production"  
[Reddit Link](https://redd.it/nelly6)  2021-05-17T17:00Z [--] followers, [---] engagements


"Joint US-EU Statement on Section [---] Tariffs and Retaliatory Measures From our trade lawyer in Washington DC: Today European Commission (EC) Executive Vice President Valdis Dombrovskis U.S. Trade Representative (USTR) Katherine Tai and U.S. Secretary of Commerce Gina M. Raimondo issued a joint statement on addressing global steel and aluminum capacity. Attached is a copy of the statement issued by the USTR. The statement issued by the EC is virtually identical. The joint statement said that during a virtual meeting last week the leaders acknowledged the need for effective solutions that"  
[Reddit Link](https://redd.it/nexcao)  2021-05-18T01:14Z 129K followers, [---] engagements


"Free cash flow 'machine' Cleveland-Cliffs resumed as a Buy at BofA Steel 🌈 Bear Timna Tanners . . .from Seeking Alpha. Cleveland-Cliffs edges higher after Bank of America reinstates coverage with a Buy rating and $25 price target calling the steelmaker a free cash flow "machine" amid the recent surge in steel prices. Cleveland-Cliffs has "transformed from an iron ore pure play to a vertically integrated auto-focused mill with the most flat-rolled capacity in the U.S." and now offers raw material cost advantages over mini-mill peers along with less balance sheet risk than integrated peer U.S."  
[Reddit Link](https://redd.it/nezae7)  2021-05-18T02:51Z 129K followers, [---] engagements


"China China China and their attempt to deflate commodity prices targeting severe punishment for excessive speculation fake news hoarding price-fixing and other illegal activity - Why to stay calm and trust the thesis Wow just wow Two weeks ago and Vitards were high-fiving posting gains and picking out Lambos. Today FUD. Fear. Uncertainty. Doubt What the hell happened Is the steel and metals bull run over Did we go from Supercycle to Unicycle Where is LG and his chest pounding when you need him When is Vito going to stop posting cut and paste news updates (because anyone can do that) and give"  
[Reddit Link](https://redd.it/nlguvl)  2021-05-26T13:19Z [--] followers, [----] engagements


"US sheet prices climb again higher prices expected in June Spot market prices for US domestic HRC and CRC have continued to firm sources note adding that the anticipation of higher scrap prices in June is likely to push sheet steel prices even higher. As noted in yesterdays scrap report its widely held that US scrap prices will firm by roughly $50/gt if not more during next months buy cycle. Scrap is expected to start trading on Tuesday June [--] after workers return from the Memorial Day holiday. If scrap jumps up like that you can bet that the sheet mills will try to push flat rolled prices"  
[Reddit Link](https://redd.it/nnaroh)  2021-05-28T23:43Z 129K followers, [---] engagements


"Chinas MEE sends special teams to supervise pollution management Liu Youbin spokesman for Chinas Ministry of Ecology and Environment (MEE) has stated the MEE has sent [--] special teams to carry out special supervisions of industries including steel coking chemicals petrochemicals and glass covering pollution management in the whole production process intensifying efforts to crack down on environmental violations. At the same time the Ministry of Industry and Information Technology (MIIT) will actively cooperate with Chinas National Development and Reform Commission (NDRC) on the work of"  
[Reddit Link](https://redd.it/nnay0s)  2021-05-28T23:53Z 129K followers, [---] engagements


"Indian steel mills begin hiking flat product base prices for June Indian integrated steel mills led by ArcelorMittal Nippon Steel Limited (AMNS) and JSW Steel Limited have started hiking flat product base prices for June after two rounds of price increases in May. This time HRC prices have added INR 3000-4000/mt ($41-55/mt) with effect for deliveries from June [--] SteelOrbis learned from trade circles. Following the latest base price revisions effective prices for hot rolled coil (HRC) have moved up to INR 69000-71000/mt ($944-971/mt) ex-works according to market sources. The new effective"  
[Reddit Link](https://redd.it/nrq968)  2021-06-03T22:48Z 129K followers, [---] engagements


"$CLF Short Interest. . .and why it's only a bonus to this UNDERVALUED TITAN of the Steel Industry. Check it out today compared to yesterday: ​ Short Volume(https://preview.redd.it/meab82a1gi471.jpgwidth=1846&format=pjpg&auto=webp&s=53f05d6ccd667c268795a1ccd17ffd11aa2b74af) ​ Borrow Rates(https://preview.redd.it/lmtbtriagi471.jpgwidth=1867&format=pjpg&auto=webp&s=8c62342c96e540d71d4252da4734528ee3b1547b) ​ https://preview.redd.it/e6sdbuiogi471.jpgwidth=1855&format=pjpg&auto=webp&s=7ab818c72a332ba97b2404a325ff32d2c63f81c7 ​"  
[Reddit Link](https://redd.it/nx0rt9)  2021-06-10T22:45Z 129K followers, [----] engagements


"US HRC CRC prices still rising what happened (again) today and what Goldman Sachs and Vito think. Spot market prices for US domestic HRC and CRC have continued to climb since our last report a week ago as sources say that long lead times logistics issues and supply constraints continue to plague the market. This week US HRC prices are trending at $83-$85 cwt. ($1830-$1874/mt or $1660-$1700/nt) FOB mill against a range of $82-$83 cwt. ($1808-$1830/mt or $1640-$1660/nt) FOB mill a week ago. US CRC spot market prices have also firmed and are now being heard at $93-$95 cwt. ($2050-$2094/mt or"  
[Reddit Link](https://redd.it/o33b3i)  2021-06-18T23:38Z 129K followers, [----] engagements


"$SDI $NUE hit with unplanned outages in US South & $CLF - supply will tighten Steel Dynamics and Nucor were both undergoing unplanned outages at two Southern mills according to multiple market sources on June [--]. SDIs Columbus Mississippi mill ran into production issues over the past weekend with multiple buyers only starting to report details late in the week. The mill was heard to have an issue with one of the two furnaces at the mill with the impacted furnace expected to be down for a total of seven days and a restart of potentially June [--]. Total production lost was estimated to be around"  
[Reddit Link](https://redd.it/o7x519)  2021-06-25T21:35Z 129K followers, [---] engagements


"WSD Strategic Insights CXLVI: Steel industry entering a new era of improved profitability An array of game changers seem to be working in the global steel mills favor on both a near- and long-term basis. For example: a) Chinese steel production will likely be constrained for years to come as the government seeks to curb CO2 emissions hence we no longer look for surging Chinese steel exports when theres oversupply for steel in the country; b) non-Chinese steel production will also be restrained given the huge mills huge capital expense and rise in operating costs if they are to sharply curb"  
[Reddit Link](https://redd.it/o9y7dh)  2021-06-29T01:34Z 129K followers, [---] engagements


"Renewable energy projects create strong tailwind for US steel demand - $CLF $STLD Upcoming investments in renewable energy projects in the US particularly offshore wind farms represent a bullish opportunity for the regions steel sector according to industry executives. There are many offshore wind projects underway that are coming so that demand is exciting for us as a company and as an industry because it is a growing segment Brian Bishop Cleveland-Cliffs senior vice president-commercial said during a forum hosted by the Association for Iron and Steel Technology July [--]. Bishop said US"  
[Reddit Link](https://redd.it/oe8mcw)  2021-07-05T14:34Z 129K followers, [----] engagements


"BlackRock upgrades European stocks to Overweight cuts U.S. equities to Neutral BlackRock turns bullish on European equities as "the very powerful restart is broadening out" Global Chief Investment Strategist Wei Li says in a briefing. According to BlackRock's global outlook report for the next 6-12 months BlackRock cuts U.S. equities to Neutral upgrades Japanese stocks to Neutral and upgrades European stocks and inflation-linked bonds to Overweight. Li notes that U.S. equities have seen "peak growth acceleration" while Europe and Japan "catch up" to the U.S. "The path for the U.S. equity"  
[Reddit Link](https://redd.it/ofqkjf)  2021-07-07T19:48Z 129K followers, [---] engagements


"Who is your Daddy and what does he do. . .The Middle Man. . .$MT $MCD. . .Moving the goalposts. . .and this was never an inflation play Ive been in deep thought since Friday night started reading through the dailies and DMs for the past few hours this morning. My son says Im crazy dont read them and just delete. Thats just not me though - if you are going to take the good be prepared and willing to take the bad is what I tell him. So Im practicing what I preach. With that being said Im going to acknowledge a few things that have been posted and DMd as well. Im also going to ramble as Im"  
[Reddit Link](https://redd.it/omzy97)  2021-07-18T21:35Z 129K followers, [----] engagements


"Chinese HRC exporters bullish as supply concerns give strong support Ex-China HRC offer prices have moved up sharply in the past week following the uptrend in the previous week amid the rises in local prices and HRC futures because strong production cuts are expected to start in the near future. At present export offers for boron-added SS400 HRC given by major Chinese mills are at $960-1020/mt FOB for September shipment with a midpoint at $990/mt FOB moving up by $65/mt on average compared to last week. The continuous rising trend in HRC futures prices following the 100th Anniversary of the"  
[Reddit Link](https://redd.it/oodbfn)  2021-07-20T23:01Z 129K followers, [---] engagements


"Chinese mills rise HRC prices export activity hit by resumed talks about duty Ex-China HRC offer prices have edged up slightly in the past week following the uptrend in the previous week amid the rises in local prices and unwillingness of some sellers to make export contracts ahead of expected changes in the export tariffs from August [--]. At present export offers for boron-added SS400 HRC given by major Chinese mills are at $970-1030/mt FOB for September shipment with a midpoint at $1000/mt FOB moving up by $10/mt on average compared to last week. Offers for SS400 coils from smaller Chinese"  
[Reddit Link](https://redd.it/osxwzl)  2021-07-27T23:30Z 129K followers, [---] engagements


"China cancels export tax rebate for CRC and HDG duty on HRC discussed On July [--] the Chinas Ministry of Finance and Tariff Commission officially announced the export tax rebate cancellation on cold rolled coils HDG galvalume and other coated steel sheets tinplate different kinds of electrical steel and seamless steel pipe which will be effective as of August [--]. This move has been expected by market participants of CRC and HDG markets but some of them believed that the current [--] percent export tax rebate would be reduced to [--] percent. But the government decided to make similar conditions for"  
[Reddit Link](https://redd.it/ou860d)  2021-07-29T22:43Z 129K followers, [---] engagements


"$ZIM - BULLISH vibes while waiting for this [--] minute + freight train Vitards Vitards"  
[Reddit Link](https://redd.it/oxcvcc)  2021-08-03T21:02Z 129K followers, [---] engagements


"Chinese billet price rises amid fresh deal Asian rebar steady Chinese imported billet prices rose Aug. [--] with a fresh deal concluded amid rising domestic markets while Asian rebar prices were unchanged amid steady offers. Chinese physical prices extended gains tracking rising futures rebar prices in past days. The most actively traded January [----] rebar contract on the Shanghai Futures Exchange closed at Yuan 5236/mt ($808/mt) up Yuan 1/mt or 2.6% from Aug. [--]. Tangshan Q235 billet was assessed at Yuan 5050/mt up Yuan 40/mt from Aug. [--]. S&P Global Platts assessed China-imported 3SP [---] mm"  
[Reddit Link](https://redd.it/pc4av2)  2021-08-26T17:30Z 129K followers, [---] engagements


"Higher carbon prices pushing low-carbon metals to achieve premiums The rise in carbon credit prices and higher voluntary credit markets is leading aluminum and steel companies to demand higher premiums for metals produced with a lower carbon footprint. While low-carbon aluminum premiums for value-added products have already been heard within the European spot market and slowly introduced into some global contracts until recently premium levels have been described as "small." One major producer reported its updated targeted premium was between $30-$40/mt for spot sales of value-added products"  
[Reddit Link](https://redd.it/pmeome)  2021-09-11T20:22Z 129K followers, [---] engagements


"Vito knows steel and. . . .Football I thought in the spirit of the greatest two sport athlete of all time Bo Jackson that I would flex my muscles in something other than steel for a weekend. ​ https://preview.redd.it/j0ja101xjym71.pngwidth=1080&format=png&auto=webp&s=7d04eba452f7cd74824e67bf4e75d96d1b709894 The following is for "informational purposes only" and is for you degenerates among us Vitards to get the "itch" out of your system before the next trading week. I wanted to give everyone a break from the FUD and have a little Sunday fun. We had our First Annual Vitard Fantasy"  
[Reddit Link](https://redd.it/pmj56d)  2021-09-12T01:01Z 129K followers, [---] engagements


"232 Update The tariff-rate quota or TRQ replacing Section [---] tariffs on steel and aluminum imported from the European Union will go into effect on Jan. [--] [----] per details of the agreement released by the Office of the United States Trade Representative (USTR). A 25% tariff will be still applied after the quota limit - [---] million metric tonnes - for steel is reached. The pact also extends U.S. melted and poured policies to the EU - as SMU reported on Friday. Other key details of the deal are below. They come from USTR documents that you can find here. They support much of what SMU reported"  
[Reddit Link](https://redd.it/qlv2gs)  2021-11-03T13:58Z 129K followers, [---] engagements


"Stagflation Grey Rhinos China and The [----] Supply Chain Outlook as seen from the view of an Industry Insider Good evening and I hope all of you had a great Thanksgiving weekend Even more important I hope all of you are out there stimulating the economy today so my 3/18 $225 [----] calls on $V cash BIG. Seriously though look at it. Bottom of the channel and Ill bet a big rebound is incoming on the back of Black Friday and Cyber Monday starting tomorrow. Ill definitely be participating tomorrow as I have a lot of equipment to finish purchasing for my upcoming Podcast - shameless plug if you"  
[Reddit Link](https://redd.it/r4mvup)  2021-11-29T04:00Z [--] followers, [----] engagements


"Raw materials supply tightness The big worry is the supply impact from raw materials as around 40% of the coking coal and iron ore used in the EU is from the CIS a third EU steel mill source estimated. In the coming days and weeks there will be a significant supply shortage of raw materials for the integrated steelmaking route -- billet and slab flow from the Black Sea to the EU has also completely stopped and lots of rerollers rely on that supply. Russia supplied [-----] million mt of coking coal to the EU in the first [--] months of [----] up 27% from a year earlier according to Eurostat trade"  
[Reddit Link](https://redd.it/t5t8is)  2022-03-03T14:50Z 129K followers, [---] engagements


"Ex-China HRC prices continue to rise but remain most competitive globally Following numerous deals signed by Chinese HRC suppliers at high levels last week Chinese HRC exporters have continued to push up their prices this week. This growth is supported by the increasing trend in local and futures HRC prices in China and by significant global demand growth caused by the disappearance of Ukrainian and Russian HRC from the spot markets. At the same time despite the price increase ex-China HRC is still the most competitive among all foreign suppliers. At present export offers for boron-added"  
[Reddit Link](https://redd.it/t9vff8)  2022-03-09T00:44Z 129K followers, [---] engagements


"Vale expects to resume iron ore railway operations following halt Brazilian miner and iron ore producer Vale said this week it expects to resume operations at its Estrada de Ferro Carajas (EFC) iron ore railway following a halt due to intense rainfalls. Vale said it provisionally suspend the railways operations and is performing maintenance works which it expects to conclude by Wednesday March [--]. The storms caused mud to hit a stretch of the railway in the city of Bom Jesus das Selvas in Maranho state the company said. Vale said that operations at its Carajs iron ore mine as well as at a"  
[Reddit Link](https://redd.it/t9vi88)  2022-03-09T00:48Z 129K followers, [---] engagements


"Global View on Billet: Prices keep surging Russia tries to resume exports despite sanctions - The global billet market has remained turbulent this week with prices in the major regions increasing sharply again amid a lack of supply and rising raw material prices. As shipments and new sales from Ukraine are still blocked due to the war Russia started against Ukraine the shortages in the billet market have remained critical. Russian suppliers have been trying to find ways to continue exports but for now trading from the Black Sea has remained halted and new contracts have been seen only to Asia"  
[Reddit Link](https://redd.it/tc3hry)  2022-03-11T23:49Z 129K followers, [---] engagements


"Local Indian HRC traded prices stable mills prepare for further hike for Apr Local Indian hot rolled coil (HRC) traded prices have remained stable at higher levels after earlier hikes. Most market participants have been taking a pause to assess the conflicting pressures coming from producers and consumer segments SteelOrbis learned from trade and industry circles on Monday March [--]. Indian HRC traded prices have remained at INR 74400/mt ($982/mt) ex-Mumbai and are unchanged at INR 71950/mt ($949/mt) ex-Chennai in the south amid signals that mills will soon again increase base prices in April"  
[Reddit Link](https://redd.it/tk1u87)  2022-03-22T12:26Z 129K followers, [---] engagements


"China HRC exporters hike prices in numerous deals worldwide focus on outlets with higher prices Ex-China HRC offer prices have increased supported by the rising trends in local prices and HRC futures prices along with higher demand for HRC globally. Besides Chinese HRC suppliers have continued to actively sell their materials to buyers all over the world supported by the significant global demand growth caused by the disappearance of Ukrainian and Russian HRC. Most Chinese exporters have been focusing on higher-priced markets like the Middle East Turkey and even the EU. Accordingly export"  
[Reddit Link](https://redd.it/tkfb81)  2022-03-22T22:44Z 129K followers, [---] engagements


"Local HRC prices in EU keep climbing import prices follow suit HRC prices have kept increasing in the European market in the past week due to limited supply and volatile raw material energy and logistics costs amid the lack of supplies from Ukraine and Russia. Despite this buyers are being increasingly cautious according to sources as they fear end-users may not be able to bear record-high prices in the long term. Workable prices were evaluated at 1300-1400/mt ex-works last week while this week they are mostly at 1350-1400/mt across Europe "and even slightly higher in northern Europe" as one"  
[Reddit Link](https://redd.it/tll144)  2022-03-23T23:27Z 129K followers, [---] engagements


"Indian steel mills effect third base price hike for flats in March Indian domestic steel mills have announced increased flat steel product prices for the third time in March with immediate effect citing the surge in coking coal prices SteelOrbis has learned from sources in steel companies. The third round of base price increases is in a range of INR 1500-2000/mt ($20-26/mt) for both hot rolled coil (HRC) and cold rolled coil (CRC) sources at companies said. Following this HRC price hike base prices of mills stand in the range of INR 72000-74000/mt ($945-971/mt) ex-work with most of them from"  
[Reddit Link](https://redd.it/tll8pg)  2022-03-23T23:30Z 129K followers, [---] engagements


"Tangshan to reopen soon A lockdown in Tangshan in Hebei province that was imposed March [--] has also had a limited impact on steel production. Tangshan-based sources said they expected the city will lift the lockdown measures in some districts in the next few days and the whole city may reopen April [--] after the Qingming Festival holidays end on April [--]. Some Tangshan-based steel mills have slowed steel production since March [--] due to insufficient raw material inventories. However as road traffic has slowly but gradually resumed for the citys industrial companies since March [--] no further"  
[Reddit Link](https://redd.it/tsn2ra)  2022-03-31T00:10Z 129K followers, [---] engagements

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