Chinese construction rebar and hot-rolled coils futures fell on Tuesday on weak downstream demand, while raw material prices gained, led by coke, following the announcement of output control in Shandong
The record high price of steel may not ease in the second half of the current fiscal with demand expected to spike amid the ongoing second wave of the pandemic that has caused demand outlook to continue
European leaders are expected to press President Joe Biden in meetings starting this week to scrap the steel and aluminum tariffs that former President Donald Trump slapped on them. That will require rea
Joe Biden is expected to reverse U.S. tariffs on steel and aluminum imports that were put in place by the Trump administration. Bloomberg has reported that Biden will commit to lifting the tariffs during
The exchanges between steel bodies from China and Japan signified that global soaring prices of the raw material could be restrained to some extent and a more reasonable pricing mechanism may be establis
Large steel makers took huge strides in terms of both operations and financial performance last fiscal, increasing their market share by 500 basis points (bps) on-year to 58 per cent despite their share
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