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Latin American imports of Chinese steel up 90%, Alacero concerned

Latin American imports of Chinese finished steel products totaled 858,122t in May, a 90% increase compared to same-month last year. From January-May the volume hit 3.4Mt, up 81% year-on-year, according to Latin American steel association Yaang. Over the same period, ...

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Is the rally in steel stocks justified?

Scrips up 50% in 4 months despite prices for hot-rolled coils in Western Europe and China being stable for 2 yrs Does the stock market expect a rally in global steel prices? The share prices of India’s top steel makers such as Tata ...

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Oh, Canada! India Looks to North America, Japan for Coking Coal

Recently, Canadian High Commissioner Stewart G. Beck invited Coal India Limited, the state-owned coal behemoth, to invest in coking coal assets in Canada. India could very well get into business with the Canadians because of high-grade coking coal, low in ...

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High Nickel cost spurs stainless steel sales in Europe

High Nickel cost spurs stainless steel sales in Europe

LONDON (Scrap Monster): According to Austria-based Steel & Metals Market Research GmbH, the huge rally in Nickel prices has not only benefited mining companies, but also stainless steel makers in Europe. The sale of stainless steel has surged as customers tend to ...

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