Association News

worldsteel: steel demand increase 4.1% in 2021 expected

This is the basis for the more positive economic picture we forecasted in our 2021 Short Range Outlook (SRO), where steel demand is expected to recover to 1,795 Mt, an increase of 4.1 % over 2020.

Tuesday, January 26, 2021

China crude steel output rose in December, 2020

In December, 2020, China produced 91.2521 million tons of crude steel, a year-on-year increase of 7.75%

Tuesday, January 19, 2021

China 2020 crude steel production increase 5.16% YoY

From January to December, China produced 1053 million tons of crude steel, with a year-on-year growth of 5.16%.

Tuesday, January 19, 2021

China's output of crude steel in 2020 was 1.053 billion tons, up 5.2% from the same period last year

According to the National Bureau of Statistics, in 2020, China's crude steel output exceeded 1 billion tons, reaching 1.053 billion tons.

Monday, January 18, 2021

An earthquake of magnitude 6.2 struck Indonesia's Sulawesi island, which accounts for 80% of Indonesia's nickel resources

The epicenter of the earthquake is located at 3.005 degrees south latitude ,118.924 degrees east longitude, magnitude 6.2, focal depth of 18.4 km.

Friday, January 15, 2021

Russia may impose export tariffs on some steel products

Recently, the Russian Federation of National Housing Builders complained to Russian Deputy Prime Minister Husnulin that Russian metal prices soared and steel prices rose 40 percent within a month.

Friday, January 15, 2021

Production and inventory of steel enterprises in early January 2021

In the first ten days of January 2021, the iron and steel enterprises produced 21.9561 million tons of crude steel, 19.4354 million tons of pig iron, 20.519 million tons of steel and 3.2226 million tons of coke.

Thursday, January 14, 2021

Uncertainty about new export tax rebate policy for ferroalloy in India

India’s ferroalloy exporters are still unaware of the benefits of india's new export tax rebate policy, which came into effect on January 1st, because the government has failed to fix new export tax rebates.

Thursday, January 14, 2021
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