Global insight

Global Stainless Steel Crude Production in Q3 2020

According to statistics released by International Stainless Steel Forum on December 17, the global crude stainless steel output in the first three quarters of 2020 will reach 36.712 million tons, a decrease of nearly 7.8% year-on-year.

Thursday, December 24, 2020

Chinese Ferroalloys Export and Import Tariff Released in 2021

[Ferro-Alloys.com] According to General Administration of Custom Tariff Commission and Customs Tariff Commission of the State Council notified: this is the details of China ferroalloys customs export tariff in 2021,and enforced from Dec.23th 2020.

Wednesday, December 23, 2020

China’s Baowu industrial Internet platform launched the transformation of digital intelligence

On December 22, China’s Baowu industrial internet platform xin3plat, which is independently developed by Baosteel software, was launched at the China Baowu / Baoxin software industrial internet platform conference with the theme of "smart navigation, creatin...

Wednesday, December 23, 2020

China Railway ore prices are expected to remain above $100 per tonne by 2021

According to the quarterly outlook report of the Australian Department of Industrial Innovation and Science, Australia's iron ore export revenue is expected to peak at A $123 billion by 2020-21. Iron ore prices are expected to remain strong over the next six m...

Wednesday, December 23, 2020

METI: Japan's steel production hit a 52-year low in fiscal year 2020/21

Forecast of Ministry of Economy and Industry (Meti) of Japan, Japan's crude steel production is expected to be 82.5 million tons in the fiscal year from April 2020 to March 2021, down 16% from a year earlier, the 52-year low since fiscal year 1968/69.

Wednesday, December 23, 2020

National City Bank of New York: Continued recovery in steel production in Europe and other OECD countries is expected

National City Bank of New York said,despite the surge in New Crown virus infections in Europe, steel prices and product delivery times mean that steel production in Europe should continue to rise throughout the winter, and production is expected to continue t...

Wednesday, December 23, 2020

Iran ranks 19th among world's biggest steel ingot exporters

According to the mentioned website, in 2019, Iran ranked 159th among the world’s top 196 countries in terms of importing crude steel (ingots), IRNA reported.

Wednesday, December 23, 2020

Foreign investment in Iran up 97% in 5 months yr/yr

According to the mentioned data, $1.189 billion of foreign investment had been attracted in the country during the first five months of the previous year.

Wednesday, December 23, 2020
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