Global insight
Global stainless steel consumption will increase by 11% in 2021
Markus Moll, managing director of Austria's SMR steel and metal market research company, said at a seminar organized by bir that the global market share of 300 series stainless steel will increase from 54.1% in 2019 to 59.3% by 2030, which means that nickel an... |
An earthquake of magnitude 6.2 struck Indonesia's Sulawesi island, which accounts for 80% of Indonesia's nickel resources
The epicenter of the earthquake is located at 3.005 degrees south latitude ,118.924 degrees east longitude, magnitude 6.2, focal depth of 18.4 km. |
Russia may impose export tariffs on some steel products
Recently, the Russian Federation of National Housing Builders complained to Russian Deputy Prime Minister Husnulin that Russian metal prices soared and steel prices rose 40 percent within a month. |
The EU has asked the WTO to make decision on restrictions on Indonesia's nickel exports
According to foreign media January 14 news: the European Union on Thursday asked the World Trade Organization (WTO) to set up a group on Indonesia's nickel export restrictions. |
Assmang, South Africa declared Force Majeure on the Supply of Ferromanganese
A South African producer of manganese ore and alloys Assmang declared the production of medium-carbon ferromanganese alloys to be subject to force Majeure and to affect the long-term contract execution of the company. |
Vietnam's building materials market forecast to be robust in 2021
There were increases in demand for building materials this year, Pham Van Bac, Director of the ministry’s Department of Building Materials said. |
Hoa Phat Group’s steel output surpasses 5 million tonnes for first time
The steel output of Hoa Phat Group, Vietnam’s leading steel producer, exceeded the 5-million-tonne benchmark for the first time in 2020. |
Japan's ferrous scrap exports slow in November
Japan's ferrous scrap exports in November slowed from a 2020 high in October as a surge in domestic scrap prices reduced supply available for export. |
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