Vietnam’s Hoa Phat has lowered its monthly domestic price for new hot rolled coil allocations, Kallanish notes. The price decision revealed on Thursday suggests that HRC demand has not recovered des...
Production among steel mills in North China’s Beijing-Tianjin-Hebei region will be constrained between November 15 and March 15 in order to fulfil Beijing’s crude steel output reduction target and...
Indian hot rolled coil export offers have increased marginally on a cost-push from rising raw materials prices. Demand, however, remains low and global sentiment bearish.Indian-origin 2mm+ SAE grade H...
Turkish mills have further increased their domestic scrap buying prices this week, Kallanish notes. This is mainly because of the weakening lira and sharp increases seen in imported scrap prices over ...
EuropeBritish Steel’s Special Profile division has announced that it will construct a new service centre at its Skinningrove site, in North Yorkshire. The £26 million facility will include a variet...
The world crude steel production by 64 countries reporting to the World Steel Association (worldsteel) totalled 156.8 million tonnes (Mt) in the month of August this year, down by 1.4% compared to the...
A summer of reduced steel output in China continued in August, with producers there making 13.2 percent less steel this August compared with August 2020. That month-on-month drop follows a similar pat...
Average capacity utilization among the 71 independent electric-arc-furnace (EAF) steelmakers under Mysteel’s regular survey decreased for the second week last week to 53.47% as of September 23, lowe...