China’s blast furnace capacity use dips further to 83.34%
March 4, 2024
The blast furnace (BF) capacity utilization rate slid for the second straight week during 23-29 February, losing 0.25 percentage points
Tag: Steel
EU Steel Summary
March 1, 2024
Potential price increases considered by European longs producers, amid firm output costs, failed to materialise, as buyers delayed restocking
China’s steel use in manufacturing sector to rise in March
March 1, 2024
China’s steel consumption in the manufacturing sector is likely to rise in March, mainly prompted by a resumption of operating activities…
Steel Protectionism against China
March 1, 2024
A key support for China’s steel demand since 2023 is direct exports. One of the threats to exports this year would be trade barriers
Metinvest Reports Drop in Steel Production Amidst Russian Invasion
February 29, 2024
Ukrainian metals and mining group Metinvest recently reported a 31% decrease year on year in its crude steel production for 2023
China’s steel prices seen firming in March
February 29, 2024
China’s domestic steel prices are expected to rebound in March as market conditions and steel fundamentals will likely change for the better
India’s coal sector sees huge leaps in output and demand
February 28, 2024
India’s coal sector is united about one thing. It doesn’t matter if you are a miner, trader, utility or steelmaker, you are extremely bullish
China’s metal demand takes a different shape
February 28, 2024
The realization that China’s property bust is beginning to look semi-permanent isn’t welcome for big miners, which have fed off housing…
How Ukraine’s war-torn steel industry has transformed since Russia’s invasion
February 28, 2024
The hostilities and the loss of vital logistics routes through the Black Sea ports in the south have significantly affected the production
HRC export market remains dull amid downturn in global markets
February 27, 2024
ndia HRC (SAE 1006) export index (for the Middle East and Vietnam) inched down w-o-w to $596/tonne (t) FOB against $597/t FOB
7 key reasons for BHP’s cooling steel outlook
February 27, 2024
Amid inflation and a global economic slowdown, BHP’s outlook for the steel industry in China has become less optimistic.
CISA Members’ mid-Feb daily steel output rises
February 26, 2024
Daily crude steel output among the member mills picked up further during February 11-20, rising by another 1.5% or 31,000 tonnes/day