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Posco raises steel output target on demand expectations
South Korean steelmaker Posco is partially restoring its rate of production on expectations that resumption of industrial activity in China and elsewhere around the world will drive a recovery in steel demand in this year's second half from a slump brought on ... |
Australia sees end-2020 iron ore prices at $55/t
The iron ore price is project to drop to $55/t fob by the end of this year's final quarter, the Australian treasury said. |
High iron ore price tempts more Australian producers
Western Australian (WA) iron ore developer Strike Resources plans to start shipping lump and fines from its Paulsens East iron ore project in the Pilbara next year. |
Weak demand, oversupply and price decline to hit Indian steel industry: Ind-Ra
Indian steel industry’s gross spreads per tonne for both hot rolled coil (HRC) and rebar is expected to fall in the second quarter of FY21 with a further fall in steel prices due to oversupply, said India Ratings and Research in a sector report |
European silicon market showing signs of recovery
Europe's silicon market is starting to show signs of recovery this week |
US ferrosilicon price under pressure due to increasing supplies from Brazil
In early July, the increase in US imports of ferrosilicon from Brazil triggered the largest price drop in the United States since 2008, completely reversing the upward trend of prices a few months ago. |
Brazil to auction 8 ports, 30 highways: Correction
The government is seeking to raise at least R$2,6bn ($480mn) from the sales, but it has not yet defined the target values for all projects. |
Zhanjiang economy shows resumption of growth
Zhanjiang saw a resumption of growth in its economy in the first half of this year after the outbreak of the novel coronavirus (COVID-19) pandemic. |
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