As per the market sources, Chinese steel makers have scaled back their operations for the ongoing month of September due to scrap shortage, high costs and lower steel prices that have kept the manufacturers on the verge of losses.Chinese steel producers have increased scrap input in the BOF to meet stringent pollutant emissions standards.
News ID: 6436 Publish Date : 2019/09/09
ASEAN region that includes six countries Malaysia, Vietnam, Thailand, Singapore, Indonesia, and Philippines is a net importer of steel as in 2017 its imports stood in the range of 40-50 MnT whereas exports were at 7-8 MnT. The bulk of the imports were quality steel for use in the manufacturing sector.
News ID: 2383 Publish Date : 2018/10/08
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