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Higher costs, demand to support China¡¯s FeMo prices
Chinese ferro-molybdenum prices are expected to hold firm in the near term in view of higher concentrate feedstock costs and strong demand from steelmakers, according to market participants. |
ArcelorMittal increases CRC/HDG, leaves HRC unchanged
The new offer for HDG, with immediate effect, will be €900/t base, while CRC will be offered at €870-880/t. |
On the development of iron and steel industry--carbon peaking and carbon neutralization accelerate low carbon transformation process of iron and steel industry
Carbon peaking and carbon neutralization accelerate low carbon transformation process of iron and steel industry. |
Nippon Steel will cut production capacity by another 10% as demand is hit hard by the epidemic
Japan¡¯s largest steelmaker Nippon Steel said on 5 March that it would cut capacity by another 10% as domestic demand fell and competition from china intensified. |
On the development of iron and steel industry during the two sessions--the overall steel market will be better in 2021
China Economic Times: in 2020, the supply and demand of steel market will be relatively loose. How will the industry perform? What will be the trend in 2021? What are the main influencing factors? |
China's Baowu again! Shaogang and Huidong Huaye, Yuebei iron and steel signed a contract! Zhongnan iron and Steel Co., Ltd. will revitalize the capacity of more than 20 million tons EAF stock steel plants in Guangdong Province!
China's Baowu again! Shaogang and Huidong Huaye, Yuebei iron and steel signed a contract! Zhongnan iron and Steel Co., Ltd. will revitalize the capacity of more than 20 million tons EAF stock steel plants in Guangdong Province! |
Jiugang Hongxing stainless steel branch in January and February production exceeded the plan
In 2021, Jiugang Hongxing stainless steel branch fully launched the ¡°20 million¡± capacity to tackle key problems and to mark the table work. |
China imported 2.395 million tons of steel in February
In the first two months of 2021, China imported 2.395 million tons of steel, an increase of 17.4%, and the average import price was 7134.8 yuan per ton, an increase of 0.9%. |
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