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Flat steel price crash in China as demand fails and inventory increase

Flat steel prices crashed in China in consonance with the market sentiments. Domestic demand remained sullen and inventory levels remained high obviating the need for more production. The country’s traditional drivers of growth manufacturing, real estate and local government infrastructure ...

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Flat steel price per tonne from China to Latin America is 20% below rest-of-world average

The commercial behaviour of Chinese steelmakers is the main risk to the productive and financial future of Latin American steel producing companies, argues the Latin American Steel Association (Alacero). Decreasing prices and rising volumes are cause for concern and this, ...

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