Home / Metals

Category Archives: Metals

Feed Subscription

Chinese steel futures extend losses on weaker demand

Chinese steel futures dropped on Wednesday as the physical market slows amid cooling demand. The most active rebar on the Shanghai Futures Exchange closed down 2.4 percent at 3,831 yuan ($578.88) a tonne. Steel demand in China, the world’s top ...

Read More »

Steel is the answer to goals of smart cities

Dr Aruna Sharma, Secretary Ministry of Steel, wrote in personal capacity in Hindu that Project Smart Cities is a visionary project of the Government of India for sustainable, high quality of life in terms of infrastructure, mobility and connectivity, technology, ...

Read More »

Iran Steel Exports Climb 27%

Major Iranian steelmakers exported 4.56 million tons of semi-finished and finished steel products during the first eight months of the current fiscal year (March 21-Nov. 21), registering a 27% growth compared with last year’s corresponding period, the Iranian Mines and ...

Read More »

Chinese steel prices extend losses on winter demand concerns

Chinese steel futures on Thursday extended losses on concerns that demand in the world’s top producer will decline as winter kicks in, driving down prices for raw materials including iron ore and coke. The most active rebar on the Shanghai ...

Read More »

Egypt to retain tariffs on steel rebar from China, Turkey, and Ukraine for five years

Egypt will maintain tariffs on steel rebar from China, Turkey, and Ukraine for a period of five years, the trade ministry said on Wednesday, extending a temporary tariff imposed earlier this year. The tariff was first implemented in June to ...

Read More »

Chinese steel consumption to rise 7.7pct in 2017

China Metallurgical Industry Planning and Research Institute forecasts that Chinese steel consumption is expected to rise 7.7% YoY to 725 million tonne in 2017 amid an improving economy and better performance of major steel consumers as China’s crude steel output ...

Read More »

Shanxi province introduces rule to curb water use for steel production

China’s central Shanxi province has introduced new rules curbing water use for steel, cement and aluminum production, in another blow to sectors reeling from government-enforced output cuts. The official Xinhua news agency citing Shanxi’s Development and Reform Commission said that ...

Read More »

Will the winter cut hit China’s steel market hard?

Platts MVS Research: Winter is coming, and so are the large-scale winter season production cuts that officially commenced in large steelmaking areas across northern China on November 15. However, S&P Global Platts Analytics anticipates that the cuts will not significantly ...

Read More »

U.S., China still at odds after steelmakers agree to tackle market-distorting subsidies

The world’s largest steel-producing countries agreed to dismantle market-distorting subsidies but deep division remained, with China calling for more action from other producers and the U.S. saying there was much more to do. Speaking at the conclusion of a Berlin ...

Read More »

Emirates Steel expects higher 2018 GCC steel demand as spreads improve

UAE-based producer Emirates Steel on Sunday signaled optimism in regional steel demand for 2018 in light of the large number of construction projects going ahead in the Middle East, which may support higher pricing spreads between rebar, scrap and metallics. ...

Read More »
Scroll To Top