China's steel output slumped in July and is likely to continue to fall in coming months as mills struggle for profits amid sluggish demand and look to comply with government guidance that ensures annual production…
A look at the current price trend for stainless steel in Europe and how nickel and stainless steel scrap are influencing it. And in the UK, domestic companies in particular are benefiting from the current…
Hot rolled coil prices for stainless steel in Southeast Asia rose again last week. Prices for nickel pig iron continue to soar. And companies in South Korea, India and Taiwan are reporting significant profit growth…
Analysts at Citi Research have updated its outlook for steel prices in 2024, reflecting a nuanced view of both short-term and mid-term dynamics in the steel market.
India has initiated an anti-dumping investigation on certain steel products imported from Vietnam, according to a notification from Ministry of Commerce and Industry.
Iron ore hit the lowest level since 2022 on concern that global supply is running ahead of demand, with China’s steelmakers mired in a crisis and cutting output just as major miners boost exports.
The world’s biggest steel producer sounded the alarm about an industry crisis in China that carries the potential to ripple around the globe and plunge the sector into a deeper downturn.
Down 3.9 Percent YTD in 2024 from Same Period in 2023. he American Iron and Steel Institute (AISI) reported today that for the month of June 2024, U.S. steel mills shipped 7,152,135 net tons, a…
Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the month of July totaled 2,289,000…
China’s largest flat producers (Baosteel, Angang and Bengang) have reduced flat offer levels for September sales, which are expected to be challenging.
India's leading steelmakers' body wants the government to impose an export tax on low-grade iron ore and pellets to address local shortages, according to a letter by the Indian Steel Association (ISA), which was seen…
The price of iron ore has dropped for a sixth consecutive week as China's steel sector continues to struggle and port inventories of the raw material stop rising.
Steel prices in India have plunged to the lowest level in more than three years due to higher imports and subdued exports, according to data from commodities consultancy BigMint.
US steelmaker Nucor has announced an increase in the weekly spot price for hot-rolled coils by $15 per tonne compared to the previous week, up to $690 per short tonne.