Steel News & Market Reports
Steel market updates, daily price reports, industry events and more.
Japan and the United States should avoid confrontation about the steel industry and work together amid competition from China, the world's top steelmaker, leading prime ministerial candidate Shinjiro Koizumi said on Saturday.
Vietnam’s Trade Remedies Authority has extended the questionnaire submission date for domestic manufacturing companies and importers in its anti-dumping investigation against hot rolled coil imports from China and India.
The Kanto Tetsugen monthly Japanese scrap export tender closed lower on Wednesday
The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to boost protections for strategic industries from China's state-driven industrial practices.
It is expected that the market will accept an increase to the level of $720/t
India will impose tariffs of between 12% and 30% on some steel products imported from China and Vietnam in a bid to safeguard and boost local industry, an Indian finance ministry order showed.
The average global steel prices this year will be at the level of $660/t The BMI Country Risk and Industry Research division of the international credit rating agency Fitch Solutions has revised its forecast for…
China's iron ore imports in August fell 1.38% from July and slipped 4.73% from a year earlier, customs data showed on Tuesday, as falling steel prices and a gloomy demand outlook dampened buyers' appetite.
Production of hot-rolled coils (HRC) among the 37 Chinese flat steel producers Mysteel regularly monitors recovered to 3.1 million tonnes during the week of September 2-6, up by 54,300 tonnes or 1.78% on week, the…
The EU steel industry has a huge unrealized potential to increase scrap consumption to meet the goals of reducing carbon emissions and developing a circular economy
Cleveland-Cliffs is reiterating its interest in buying unionized mills that U.S. Steel is threatening to close should its takeover by Japan's Nippon Steel get blocked by President Joe Biden.
Global steel and raw material prices declined m-o-m in August 2024, reveals BigMint data. Some sharp swings were detected, especially in coking coal and iron ore. The China factor is keeping hot rolled coil prices…
The HRC-rebar spread reversed to normalise in August, 2024, after a gap of four months, reveals BigMint data. Usually, hot rolled coils (HRCs) are sold at a premium to rebars. However, it may be recalled,…
Global consumption of ferrous scrap in the first half of this year, according to BigMint, decreased by 1.5% year-on-year – to 325 million tonnes.
Nippon Steel's proposed $14.9 billion takeover of U.S. Steel would create national security risks because it could hurt the supply of steel needed for critical transportation, construction and agriculture projects, the U.S. said in a…
Asian ferrochrome prices, which are relevant for stainless steel production among other things, have been extremely stable for some time, despite occasional volatility for several months. And is this report too politically explosive? After a…
Iron ore slumped to its lowest level since 2022 and traded near $90 a ton as China’s main steel industry group advised mills to be cautious in boosting output too quickly to avoid snuffing out…
With China's steel market entering the traditional peak season in autumn, the country's steel prices in September are expected to continue the rising trajectory they've been following since late August, Mysteel's Chief analyst Wang Jianhua…