EU steelmakers have restarted nearly half the blast furnaces that were idled in the financial crisis, according to a leading industry player, holding back recovery in a sector already hobbled by over-capacity and high energy costs.
This week, the high-carbon ferrochrome market price was weak and stable. The chrome market was weak and the demand side was poor. The intention to purchase in the market was reduced. The retail market was sluggish in this week with fewer enquiries and more off...
China's bloated steel industry will continue to experience tough times this year despite years of government efforts to address overcapacity in the sector, the Ministry of Industry and Information Technology (MIIT) said on Feb 5th..
China will slash export tariffs for coal from Jan. 1,2015 and adjust those for a range of other commodities as part of broader efforts to re-order trade and foster economic growth.