Steel

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Australian steel producer BlueScope Steel has warned that the coronavirus outbreak is likely to have a negative impact on its Chinese operations and its broader supply chain, including securing equipment for the expansion of its North Star electric arc furnace in the US' Detroit.
News ID: 8481    Publish Date : 2020/02/24

Around 96pc of China's major steelmakers and about two thirds of the entire industry is operational, but smaller mills and electric-arc furnace (EAF) producers face acute disruptions amid the coronavirus outbreak, government and industry bodies said.
News ID: 8474    Publish Date : 2020/02/24

Iran’s major steel companies produced over 11.27 million tons of steel products during the 10-month period from March 21, 2019, to January 20, 2020, registering a 97-percent growth from the figure for the same period in the previous year, IRNA reported on Saturday.
News ID: 8420    Publish Date : 2020/02/09

Iran’s export of steel ingots and steel products has increased 46 percent during the first nine months of the current Iranian calendar year (March 21-December 21, 2019), IRNA reported on Monday citing the data released by the Association of Iranian Steel Producers.
News ID: 8381    Publish Date : 2020/02/04

TEHRAN (FNA)- Iran's exports of steel will reach 10mln tons by the end of the current Iranian year (to end on March 19), an official said.
News ID: 8324    Publish Date : 2020/01/23

Iron ore futures rose for a fifth straight session on Friday, with the benchmark Chinese index hitting its highest in five months, after data showed Brazil’s exports of the steelmaking raw material shrank in December.
News ID: 8292    Publish Date : 2020/01/03

State-controlled steel producer Steel Authority of India (Sail) increased iron ore output by 5.25pc to around 22mn t in 2019, a record high for the company.
News ID: 8289    Publish Date : 2020/01/10

India's domestic hot-rolled coil (HRC) prices increased this week as traders restocked.
News ID: 8288    Publish Date : 2020/01/10

Iran’s exports of various steel products increased by nearly a quarter in the eight-month period ending in late November 2019, according to a report.
News ID: 8277    Publish Date : 2020/01/09

India's domestic iron ore prices have increased sharply in January, as steel mills and pellet producers step up purchases amid expectations of supply disruptions from April. An increase in steel prices has also prompted mining companies to raise offer prices.
News ID: 8270    Publish Date : 2020/01/09

China's Hebei province will reduce crude steel production capacity by 14mn t/yr in 2020, as part of its plan to reduce 40mn t/yr of capacity during 2018-20.
News ID: 8269    Publish Date : 2020/01/09

Liberty Steel is cutting 355 jobs across its speciality division in South Yorkshire and hot-rolling mill in Newport, Wales.
News ID: 8260    Publish Date : 2020/01/09

Indian rebar prices remained flat over the past week amid sluggish demand from the construction sector.
News ID: 8251    Publish Date : 2020/01/08

TATA Metaliks has raised basic (steel) grade pig iron prices by INR 1,300/MT (USD 19) & Foundry grade by INR 1,200/MT (USD 17) for Jan’20 deliveries. The company is known as largest foundry grade pig iron manufacturer in eastern India.
News ID: 8208    Publish Date : 2020/01/02

The EU's green deal climate policy could transform demand for metals used in technology and green applications, with some benefiting and some losing out.
News ID: 8200    Publish Date : 2020/01/03

APL Apollo Tubes Ltd - one of the largest ERW pipes manufacturers in India has increased price by INR 1,000/MT (USD 14) for Jan'2020 deliveries.
News ID: 8188    Publish Date : 2019/12/31

A more volatile Turkish ferrous scrap deep-sea import price throughout 2019 has made it very difficult for European exporters to keep a stable margin and it is set to remain a major challenge in 2020.
News ID: 8151    Publish Date : 2019/12/30

Domestic prices of PPGI (Pre-painted Galvanized Iron) in India surged by around INR 1000-1250/MT this week over improved demand and active buying prevailing in the domestic market.
News ID: 8141    Publish Date : 2019/12/27

Vietnam's imported HRC market has observed some trades towards end of this week. Chinese mill have heard to booked 30,000 MT HRC to Vietnam at USD 510/MT CFR Ho Chi Minh for Feb deliveries. China's Bengang Steel Plates Co. Ltd.(a subsidiary of Benxi Steel Group Corporation, incorporated as a joint-stock limited company engaged in the smelting of steel and the rolling and processing of steel plates).
News ID: 8140    Publish Date : 2019/12/27

Indian hot-rolled coil (HRC) prices rose this week on increased buying activity amid market talk about large mills planning a sharp price hike in the near term.
News ID: 8120    Publish Date : 2019/12/27

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