Supply has caught up with demand in the global long products market, with lead times shortening, although prices higher than at the beginning of the fourth quarter of 2020 will be the new normal, says...
China’s finished steel exports declined further in September from August, sliding by another 2.6% on month to 4.9 million tonnes, which made last month’s export volume the second lowest so far thi...
China's steel exports slowed in September to the lowest level since December 2020 following the country's export control polices, as well as weaker southeast Asian demand because of its Covid-19 lockd...
Amit Dixit of Edelweiss Securities, while commenting on his outlook on steel sector, said that India is likely to become more of a steel exporter. The steel export volumes from the country are likely ...
Over January-September, China's foreign trade value surged 22.7% on year to Yuan 28.33 trillion ($4.4 trillion), and both exports and imports values enjoyed similar growths, as the former gained 22.7%...
The monthly data published by the American Iron and Steel Institute (AISI) suggests notable surge in steel shipments during the month of August this year compared with the same month a year ago. Also,...
For September, average rebar margins among China’s 91 blast-furnace steel mills under Mysteel’s monthly survey gained substantially by Yuan 393/tonne ($61/t) on month to Yuan 801/t, which outpaced...
Inventories of imported iron ore sintering fines stockpiled at the 64 Chinese blast-furnace steel mills sampled in Mysteel’s regular survey fell to a 22-month low of 14.65 million tonnes over August...
Ferrous scrap prices may be seeing increasing support from demand in China to decarbonize, improve air emissions, and restrict steel output growth, as tight supplies of coking coal, met coke and energ...
Steel scrap utilization in the crude steel produced by the 211 Chinese steel mills sampled in Mysteel’s regular survey decreased for the third successive month in August, dipping by another 0.54 per...