According to Fastmarkets, scrap prices have soared by nearly 40% since the end of February.

The iron and steel industry completed the target of reducing production capacity by 150 million tons during the 13th Five-Year plan two years ahead of schedule.

Black Chrome Mine placed under business rescue

Samarco, creditors to discuss restructuring proposals on June 21

The American Iron and Steel Institute (AISI) reported that for the month of April 2022, U.S. steel mills shipped 7,629,985 net tons.

US domestic raw steel production was 1,784,000 net tons while the capability utilization rate was 81.7 percent.

Delong Steel Group in 12th place (27.82 Mt), JFE Steel Corporation in 13th place (26.85 Mt).

Finished Import Market Share Estimated at 24 Percent in May.