Global insight
Brazilian Customs: 2020 Iron ore exports reduced by 9.4 million tons to 342 million tons,exports to China increased by 30.8 million tons
According to the latest data released by Brazilian customs, Brazil exported 342 million tons of iron ore in 2020, 9.4 million tons less than 2019, down 2.7%. |
US 2021 auto output may top 2019: AutoForecast
Auto production in the US is expected to grow in 2021 beyond 2019 levels as new models add to existing production, according to AutoForecast Solutions. |
Iron ore market in a supply deficit in early 2021 expected
The global 1.8bn t/yr seaborne iron ore market is expected to remain in a supply deficit in early 2021. |
Strong start to Japan’s power market for 2021
Japanese wholesale electricity market began 2021 with strong momentum on tight power supplies. |
Japan’s Chiyoda Steel replaces electric arc furnace
Japanese steel products producer Chiyoda Steel has completed a replacement of an electric arc furnace (EAF) at its Ayase plant in Tokyo. |
Jera starts up Hitachinaka coal-fired power unit
Japanese thermal power joint venture Jera has begun commercial operations of a 650MW coal-fired power unit at its Hitachinaka power complex. |
From October to December 2020, India's top four steel companies grew 6% to 14.95 million tonnes from a year earlier
According to foreign media PTI, the top four Indian steelmakers JSPL、JSW steel、SAIL and Tata steel India produced 14.95 million tons of steel in the third quarter of 2020/2021(October-December 2020), up 6% from a year earlier. |
The Russian government may impose export tariffs on some steel products
Russia's "kommersant" reported on december 28, recently, russia's national federation of housing builders to russia's deputy prime minister hu snulin complaints, russian metal prices soared, steel prices rose 40% in a month. |
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