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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

Monday, July 27, 2020

EU flat steel shipments fall 19% on year through April, stocks soar

Shipments by stockholders and distributors of EU multi-product & proximity steel, including long steel construction products, fell 8.7% in January-April from the year-ago period, with only rebar shipments increasing, Eurometal said.

Monday, July 27, 2020

Ferrosilicon Daily Express 7.27

From the last week of April to the first week of July, U.S. ferrosilicon prices fell 23%, to the biggest drop since 2008.

Monday, July 27, 2020

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.

Monday, July 27, 2020

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 ...

Monday, July 27, 2020

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.

Monday, July 27, 2020

Nickel ore market weekly comment(July 20th-July 24th): The prices of Laterite-Nickel ore rose up in this week

Nickel ore market weekly comment(July 20th-July 24th): The prices of Laterite-Nickel ore rose up in this week

Friday, July 24, 2020

Ferronickel market weekly comment(July 20th-July 24th) The price of high grade ferronickel price went up and down in this week

Ferronickel market weekly comment(July 20th-July 24th) The price of high grade ferronickel price went up and down in this week

Friday, July 24, 2020
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