Global insight

Overcome international environmental problems! Angang has turned waste into treasure of hot rolling sludge

On January 11, Anshan Iron and Steel Co., Ltd. reported that the scientific research achievements of "development and demonstration application of key technologies for online air flotation deoiling of hot-rolled sludge advection pool of steel enterprises" with...

Thursday, January 14, 2021

The contract value of MCC group will exceed one trillion yuan in 2020!

Recently, the report card of MCC's 2020 market has been published: from January to December, the newly signed contract amount of MCC was 1019.72 billion yuan, an increase of 29.4% over the same period of last year.

Thursday, January 14, 2021

The South African rand took a respite after the US dollar weakened and rebounded

The South African Rand was flat in early trading on Wednesday, breathing after rebounding from a weaker dollar the previous day.

Thursday, January 14, 2021

Anglo American deploys electric shovels in Peru

According to a caterpillar blog post, the daily handling capacity of 7495 electric rope shovel can reach 127000 tons.

Thursday, January 14, 2021

Egypt rebar factory sales rise in December

Supported by the global price rise of finished steel and raw materials, Egypt's domestic steel consumption improved significantly in December.

Thursday, January 14, 2021

U.S. crude steel production rose 3.6% year-on-year to 10.3% year-on-year as of January 9

According to the American Steel Association (AISI), for the week ending 9 January 2021, US crude steel production is estimated at 1.709 million short tons (1.5504 million tons), 10.3% lower than 1.906 million tons in the same period last year, But 3.6% more th...

Thursday, January 14, 2021

EUROPE SECTIONS: Prices keep moving upward on feedstock limitations

Producers have struggled to source enough hot-rolled coil feedstock because of surging prices amid supply tightness.

Thursday, January 14, 2021

Iran steel billet, slab export prices stable, new deals made for billet

The sharp uptrend in global steel market prices has been slowing recently, with buyers preferring to wait and see where prices will go.

Thursday, January 14, 2021
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