Indian steel prices decline y-o-y in FY’24. What to expect in FY’25?
April 3, 2024
Indian steel prices in the just-concluded FY’24 contracted in comparison with FY’23 due to an assortment of factors including
Category: Steel
Tata Steel Europe’s path to decarbonization
April 3, 2024
European steelmakers find themselves in an “alarming” situation as they are in the midst of starting investment-heavy technological changes
Hot metal proving far more cost effective than scrap in China
April 3, 2024
With the prices of iron ore and coke falling dramatically, the cost effectiveness of hot metal has strengthened against that of steel scrap
Pessimism to haunt China’s steel market in April
April 2, 2024
After falling significantly during March, China’s domestic steel prices are likely to keep heading south this month
India Steel Market Update
April 1, 2024
India steel composite index maintained a flat trend w-o-w, closing on 29 March at 137.5 points (137.8 points).
Vietnamese HRC market goes into free-fall
April 1, 2024
Vietnam’s hot rolled coil import market is deteriorating in tandem with the fallout in the Chinese futures market, Kallanish notes.
China’s Steel Sector Weakens Despite Manufacturing Rebound
April 1, 2024
China’s steel industry faced a setback in March, with its Purchasing Managers’ Index (PMI) dipping to 44.2.
China’s Blast Furnace capacity use stable at 82.76%
March 30, 2024
The blast furnace (BF) capacity utilization rate stood largely stable on week at 82.76% during March 22-28
CISA calls on steel mills to curb production for healthy development
March 30, 2024
The China Iron & Steel Association (CISA) has called on steelmakers across the country to take the initiative to reduce their production
China’s manufacturing sector tipped to lead steel demand, overtaking sluggish construction sector
March 30, 2024
China’s manufacturing sector is overtaking its construction sector in driving the country’s demand for steel
Cleveland-Cliffs Secures Federal Support for Green Initiatives
March 26, 2024
In a bold move, Cleveland-Cliffs Inc. has secured a significant financial boost from the federal government for two decarbonization projects
World Steel Association Figures for February 2024
March 22, 2024
Global crude steel production saw a mixed trend in February, with a year-on-year increase of 3.7%, reaching 148.8 million metric tons