Steel

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Vietnam has extended safeguard measures on imports of steel billet, rebar and wire rod until 2023, the trade and industry ministry said.
News ID: 8846    Publish Date : 2020/03/24

Indian steel mills are reducing output in response to a halt in operations at automakers and a shortage of staff as workers rush back to their hometowns in fear of the coronavirus outbreak in major cities.
News ID: 8826    Publish Date : 2020/03/23

Price gap in Indian long steel products of large and medium/small scale mills widened further as offers through the secondary mills dropped rigorously due to dull demand. Thus the re-rollers increased trade discounts to ease selling pressure.
News ID: 8821    Publish Date : 2020/03/14

This notification may be called the Environment Impact Assessment Notification, 2020 (hereinafter referred to as ‘EIA Notification, 2020’) and shall come into force on the date of publication of final notification in the Official Gazette.
News ID: 8820    Publish Date : 2020/03/14

As per the latest data released by the customs and compiled by Steel Mint, India’s finish-flat imports stood at 0.30 MnT in Feb’20 down by 17% on a monthly premise as against 0.37 MnT in Jan’20.
News ID: 8813    Publish Date : 2020/03/17

Australian steel producer Bluescope Steel today withdrew its profit guidance for the second half of the 2019-20 fiscal year to 30 June because of the widening impact of the coronavirus pandemic that is affecting its global operations.
News ID: 8784    Publish Date : 2020/03/19

ArcelorMittal Spain is to cut flat steel output in the near term because of reduced automotive demand.
News ID: 8779    Publish Date : 2020/03/19

Steel producer ArcelorMittal is reducing European flat product output in response to the spreading coronavirus, the company has told Argus.
News ID: 8759    Publish Date : 2020/03/18

Luxembourg-based steelmaker ArcelorMittal has decided to temporarily reduce production and shut down several operations in Italy in response to the coronavirus outbreak, according to the union Fiom.
News ID: 8744    Publish Date : 2020/03/17

Italian steelmaker Arvedi is joining fellow producers in slowing output, according to market sources, after a number of customers decided to temporarily shut down or reduce production.
News ID: 8741    Publish Date : 2020/03/17

The company has released its monthly steel output results yesterday which reported fall in crude steel and finished steel output in Feb '20 against the previous month.
News ID: 8715    Publish Date : 2020/03/12

Turkey scrap imports dropped 9% Y-o-Y to 18.8 MnT in CY19 Import volumes from US and Netherlands observed increase, however bookings from UK fell in CY19. Country’s crude steel output fell 9.6% Y-o-Y to 33.7 MnT in CY19.
News ID: 8712    Publish Date : 2020/03/12

Iran’s steel output stood was recorded at 43.28 MnT during the first 11 months of the current Iranian year (21 Mar’19 - Feb’20) to register a Y-o-Y rise of 7.96%. The figure includes both semi-finished and finished steel output.
News ID: 8711    Publish Date : 2020/03/12

Indian Silico Manganese prices remained unchanged owing to the dull steel market conditions. The selling pressure is quite intense in the domestic market. Meanwhile, prices in the export market also softened amidst currency fluctuations and the spread of deadly Coronavirus.
News ID: 8710    Publish Date : 2020/03/12

Heavy rain and stormy seas in Australia's Queensland have forced coking coal export terminals at the Dalrymple Bay Coal Terminal (DBCT) and Hay Point to halt vessels from berthing until 15 March. All berthing and loading operations at Abbot Point will also be suspended from tomorrow.
News ID: 8685    Publish Date : 2020/03/11

Chinese ferrous futures fell today in response to sharply lower crude prices, but erased much of the morning falls as outlooks remain firm for steel demand.
News ID: 8659    Publish Date : 2020/03/09

Italian steel producer Arvedi said its production and logistics are unaffected by the lockdown imposed by the Italian government in 15 provinces in the north of the country, including Lombardy.
News ID: 8658    Publish Date : 2020/03/09

Joint Plant Committee (JPC) released its provisional data for Feb'20 today. According to the released data, India’s finished steel exports witnessed acute fall of 18% M-o-M basis to 0.570 MnT in Feb’20 as compared to 0.694 MnT in Jan' 20.
News ID: 8624    Publish Date : 2020/03/05

The medium scale steel mills in Dhaka, Bangladesh have kept their rebar prices firm over average demand prevailing in local market, Steel Mint learned from its credible sources.
News ID: 8622    Publish Date : 2020/03/05

Steel Authority of India - a government of India company has floated an export tender for prime mild steel non-alloy concast blooms. The tender quantity is reported to be 18,900 MT. The cargo will be shipped from the Haldia port. The tender put up is for size200*280mm offered from the IISCO steel plant.
News ID: 8620    Publish Date : 2020/03/05