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ASIAN CORE METALS ARE USUALLY HIGHER
Today, the bulk of Asian base metal futures are on the rise. The market has benefited by the restoration of activity and manufacturing in Shanghai with the lifting of the Corona blockade. SHFE nickel...
jun. 2, 2022
0 3949
News


INDIA: HRC PRICES MAY SOON CONTINUE TO DECLINE
Prices for domestic HRC steel, which have dropped by about INR 10,000 (USD 128) per ton over the past month, might drop even more soon. Since the announcement of the application of an export levy on s...
jun. 1, 2022
0 4015
News


ITALIAN PLANTMAKER ANNOUNCES €200 MILLION INVESTMENT IN GREEN STEEL
Danieli announced that its steelmaking division Acciaierie Bertoli Safau, in collaboration with its Croatian subsidiary ABS Sisak, will spend €200 million in green steel manufacturing in Croatia. The ...
jun. 1, 2022
0 3921
News


STEEL IS SUBJECT TO AN EXPORT TAX IN INDIA
In an effort to boost domestic steel availability and control steel prices, India's government has imposed a 15% export levy on a variety of finished steel products, which accounted for about 95% of I...
jun. 1, 2022
0 3844
News


CRUDE STEEL PRODUCTION FELL 5%
**China ** In April, China's steel consumption decreased. Lockdowns imposed to control the newest Covid-19 outbreak are still causing problems in the country. Following this, several financial busines...
may. 30, 2022
0 3808
News


STEEL PRICES ARE BEING DRAGGED DOWN BY A SLOWDOWN IN THE GLOBAL CAR SECTOR
The global semiconductor scarcity is causing automakers all over the world to cut back on manufacturing. China's already tight supply chains are being hampered by new and ongoing Covid-related lockdow...
may. 30, 2022
0 4236
News


INDONESIA HAS IMPOSED AN EXPORT BAN ON NICKEL PRODUCTS WITH A LOW NICKEL CONTENT
Indonesia intends to impose an export ban on nickel goods having a nickel concentration of less than 60%. According to media reports, Minister of Investment/Head of Investment Coordinating Board (BKPM...
may. 28, 2022
0 4129
News


ASIA: STAINLESS STEEL PRICES HAVE RISEN TO MULTI-YEAR HIGHS
**South Korea ** Since the beginning of 2022, the value of cold rolled coil transactions in South Korea has increased by 17%, reaching a fifteen-year high. According to reports, end-users are unable ...
may. 27, 2022
0 4003
News


STEEL PRICES IN THE UNITED STATES ARE STARTING TO RISE
Many consumers were concerned about supply constraints and ordered excessive quantities as a result. The expected market scarcity of steel items, on the other hand, did not materialize. The war's cons...
may. 27, 2022
0 3920
News


ROOFING FIRMS SEEK EXTENSION OF AD TARIFF WAIVERS ON COATED AND COLOR STEEL IMPORTS
Thai steel roofing manufacturers have asked the Commerce Ministry to help them extend anti-dumping tax waivers or scrap anti-dumping restrictions on imported steel used in metal sheet manufacturing. A...
may. 25, 2022
0 4431
News


BRITISH STEEL INSTALLS A LASER MEASUREMENT SYSTEM AT THE SKINNINGROVE PLANT
British Steel's Special Profiles division has installed a GBP 1 million (USD 1.2 million) state-of-the-art laser measurement equipment, which is part of a suite of patented technologies currently bein...
may. 24, 2022
0 4019
News


INDIA'S METAL COMPANY POSTS 12 PCT NET PROFIT GROWTH IN Q4 FISCAL YEAR 2022
Shyam Metalics and Energy reported a 12 percent increase in consolidated net profit to INR 433.2 crore (USD 56 million) in Q4 FY22 ended March 31, 2022, on a 22 percent increase in net sales to INR 2,...
may. 23, 2022
0 3825
News
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