Steel mills in China’s Handan to cut production
March 14, 2024
On March 13, the Chinese city district of Handan introduced a second-level state of emergency to reduce environmental pollution.
Tag: Steel
Chinese BF mill margins improve in February 2024
March 14, 2024
Chinese blast-furnace (BF) steel mills saw a continued easing of losses on finished steel sales in February due to further decrease in costs
China’s steel & iron ore recovery to be slow with no stimulus coming
March 13, 2024
China’s steel and iron ore demand recovery would be slower than anticipated as market confidence has been dampened by no stimulus measures
Will CBAM protect the European steel industry?
March 13, 2024
In mid-February, the European Commission started the process of reviewing the protective tariff quotas on steel imports.
China’s building progress picks up post CNY
March 13, 2024
The operations among Chinese building contractors have been resuming gradually during the past few weeks after the Chinese New Year
Coal News & Price Data – March 12, 2024 – More Chinese Coal Mine Accidents
March 12, 2024
Two coal mine accidents in China claimed 12 lives in 24 hours, amidst recent safety legislation revisions. On March 11, 2024
India to return to being a net exporter of steel
March 12, 2024
Indian Steel Minister Scindia said that India will soon restore its status as a net exporter of steel by the end of this fiscal year
Mexican steel prices face bearish outlook in March with more anticipated declines
March 12, 2024
Pricing sentiment for the Mexican steel market in March took on a bearish outlook as all market participants are expecting price decreases
European HRC prices slide further as buyers waiting for ‘rock bottom’
March 12, 2024
European prices for steel hot-rolled coil continued to decrease on Monday March 11 amid persistently slow demand and bearish expectations
Chinese HRC export prices slip for 3rd week
March 12, 2024
Chinese prices of commercial grade hot-rolled coils (HRC) for export kept trending downward during the week of March 4-8
China’s hot metal output to rebound in March
March 10, 2024
For the remainder of March, daily output of hot metal is projected to rise, taking this month’s production to reach 2.27-2.29 mmt/day
China’s Blast Furnace capacity use falls 3rd week to 83.11%
March 8, 2024
The blast furnace (BF) capacity utilization rate continued falling for the third straight week, losing 0.23 percentage points