Steel industry news 17/05/2024
Steel prices today on the Shanghai Exchange decreased by 61 yuan/ton. Iron ore prices slid due to falling demand prospects and US President Joe Biden's new tariffs on China.
Steel industry news 17/05/2024
The Department of Foreign Trade under the Thai Ministry of Commerce has launched an investigation into Chinese steel products, after receiving petitions from three domestic hot-rolled steel coil producers.
Steel industry news 02/05/2024
The global nickel market has been volatile for many years now as the price of this commodity suddenly plummeted, affecting Australia's nickel industry.
Steel industry news 09/04/2024
On April 9, the domestic steel market continued to stabilize; on the Shanghai trading floor increased by 38 Yuan with the October 2024 steel contract.
Steel industry news 03/04/2024
The amount of Chinese steel exported to countries including Vietnam will still remain high in the context of low consumption in the country's domestic market.
Steel industry news 20/03/2024
China's giant steel industry is having difficulty reducing carbon emissions due to slowing market demand and low recycling rates.
Steel industry news 26/02/2024
Pressures from weak domestic market demand have prompted Chinese steelmakers to boost steel exports at cheap prices.
Steel industry news 27/01/2024
Steel manufacturing businesses are waiting for recovery from the real estate industry and the government's continued promotion of public investment.
Steel industry news 14/01/2024
Steel consumption is forecast to increase by 6% this year after a sharp decrease in 2023. In particular, steel exports continue to grow thanks to expectations of recovery in world steel demand.
Steel industry news 14/01/2024
According to experts, China and India's coal consumption continues to increase even as they set ambitious renewable energy goals.