Imposing higher tariffs on steel imports to curb trade deficit appears to be a good move on paper, but given that imports of the alloy were already on the decline, was the move required. Unfortunately, e
Steel market indicators for operating margins at steel mills in China and elsewhere in Asia have weakened since August, as steel prices fall and higher grade raw materials costs strengthened on pollution
Prices for Chinese construction steel rebar rose on Wednesday and were on track for their best one-day performance in over a week, buoyed as the government said it would boost spending on infrastructure.
Industrial production figures for the month of July just available from CSO indicates a growth of 6.6% contributed by a 7% growth each in Manufacturing (wt: 77.6) and Electricity generation (wt: 7.99). T
Steel major JSW Steel is planning to reduce import of iron ore to its Karnataka facility as it starts new captive mines in the state. A price correction made by NMDC is another key factor. The developmen
World crude steel production was 881.5 Mt in H1 2018, up 4.6% when compared to 2017. Asia produced 613.9 Mt of crude steel, up 5.2% over H1 2017. The EU produced 87.3 Mt of crude steel in the first half
The Argus-assessed domestic rebar price, ex-works Shanghai, hit a 2018 high of 4,380 yuan/t ($634/t) yesterday. The Tangshan billet price, a key construction steel demand bellwether, is trading at Yn4,00
India has the potential to treble crude steel production by 2030 from the present level of roughly 100 million tonnes per annum (mtpa), but that alone will not be sufficient to make it a dominant player
Shanghai rebar steel futures climbed to their strongest in more than five years on Tuesday and were headed for their best month in eight as output curbs in China aimed at fighting pollution tightened sup
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