US Steel Production Capacity Utilization in US last Week Improves to 55.4%
Adjusted year-to-date production through June 27, 2020 was 39,165,000 net tons, at a capability utilization rate of 67.0 percent. |
European Commission Changes EU Steel Import Quotas System
The European Commission has published the result of its second investigation reviewing the safeguard measures put in place by the European Union on imports of steel products. |
China’s steel PMI decreases in June
China's steel sector purchasing managers' index (PMI) decreased by 1.6 points from May to 49.3 in June. |
Factory profit records first growth this year
The profit growth of Chinese industrial firms was positive for the first time this year as economic order further normalized from the COVID-19 epidemic in May, the National Bureau of Statistics said on Sunday. |
ArcelorMittal eyes �440/t for HRC in northwest EU
ArcelorMittal today announced a �440/t ex-works base price for hot-rolled coil (HRC) in the northwest European market, buyers told Argus. |
Japan’s Mazda to resume two-shift car output in July
Japanese auto manufacturer Mazda is planning to restart two-shift production at all of its four domestic assembly plants in July to gradually restore output from Covid-19 lows. |
US HRC: Prices fall as mills struggle with spot orders
Spot prices for flat-rolled steel in the US fell again this week as mills struggled to book new spot orders. |
EU new car sales to drop by 25pc in 2020: ACEA
The European Automobile Manufacturers' Association (ACEA) is forecasting a 25pc drop in new passenger car sales in the EU this year as result of the Covid-19 pandemic. |
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