Fitch raises metals, mining price assumptions in line with returning demand, low inventories

Ratings agency Fitch Ratings has revised some of its metals and mining price assumptions in line with what it sees as commodity prices being set to benefit in the short term from returning demand, as well as slow supply response and low inventories.

Tuesday, March 02, 2021

The Production of Stainless Steel is Incredible

The Production of Stainless Steel is Incredible

Thursday, July 13, 2017

China's Baoshan Steel Plans to Raise Its Main Steel Prices for February Shipments

It is reported that China's biggest steelmaker Baosteel has planned to raise its February delivery prices for main steel products. Baosteel's pricing strategy usually sets the tone for the rest of the market.

Monday, January 11, 2016

Gerdau expects Brazilian Steel Market to Resume in 2016

It is reported that Gerdau, the biggest producer of steel long product in Brazil, is expecting some recovery in steel demand in Brazil by 2016 due to weak economy activity and uncertain scenario in the short term.

Tuesday, June 23, 2015

China Sees Difficulty in bloated Steel industry in 2015

China's bloated steel industry will continue to experience tough times this year despite years of government efforts to address overcapacity in the sector, the Ministry of Industry and Information Technology (MIIT) said on Feb 5th..

Monday, February 09, 2015

Stainless Steel Demands Set to Rise in Short Term

LME nickel price reached to the bottom and has been bouncing back already.

Friday, July 11, 2014

China’s Steelmakers Suffer Losses

China’s steelmakers have suffered severe losses. Along with banks string loaning services, in the first 5 months of 2014, the major steel mills’ profit were detracted from the downturn compare to last year.

Friday, July 04, 2014

Eyes on China as steel Needs Ease

People acknowledge China's commodities demand - fueled by a boom in the last decade - is easing. This slowdown is hitting iron ore markets. Platts estimates consumption of steel grew 2.6 percent in the first two months of this year, compared with 9.8 perce...

Friday, May 30, 2014
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