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Company News
china latest news about US Steel Prices Rebound in August

US Steel Prices Rebound in August

[2019-09-17 11:01:34]
US flat product steelmakers are bucking the seasonal price trend, by pressing for a rise in local values, despite the summer lull in activity. Domestic suppliers, in an attempt to stave off the threat of further losses, introduced a series of list price hikes, during the July/August period. Local ... Read More
china latest news about Indonesia to Lose European Commission Safeguard Exemption

Indonesia to Lose European Commission Safeguard Exemption

[2019-09-17 11:00:01]
The European Commission recently completed its review of the safeguard measures, which were introduced to prevent the redirection of material previously destined for the United States. The Commission has recommended changes, to the list of products from developing nations, that are currently ... Read More
china latest news about Primetals Technologies receives FAC for automation upgrades at Gerdau Ouro Branco and conducts Industry 4.0 study

Primetals Technologies receives FAC for automation upgrades at Gerdau Ouro Branco and conducts Industry 4.0 study

[2019-09-17 10:59:03]
In late March, Primetals Technologies received the Final Acceptance Certificates (FACs) for automation upgrades conducted on a third-party 6-strand billet caster and two blast furnaces of Gerdau Ouro Branco in Minas Gerais, Brazil. The caster project included the upgrade of outdated level 1 and ... Read More
china latest news about US Steel Prices Expected to Recover in Second Half of 2019

US Steel Prices Expected to Recover in Second Half of 2019

[2019-08-01 14:36:47]
US flat product steel prices have been in a steady state of decline since the mid-part of 2018. A gradual uptick in domestic capacity utilisation was a contributory factor to the price erosion. Imported volumes remain an influence, despite the protection of Section 232 measures. According to MEPS’ ... Read More
china latest news about Low Seasonal Demand Impedes Steel Price Growth in Emerging Markets

Low Seasonal Demand Impedes Steel Price Growth in Emerging Markets

[2019-08-01 14:35:36]
The prognosis for the Brazilian steel market is unchanged. Distributors plan to persevere with conservative inventory levels, reflecting a seasonal slowdown in end-user demand. Shipments to companies in construction related activities is weak. Steel price support from export demand is limited. In ... Read More
china latest news about New World Record High for Stainless Steel Output in 2019

New World Record High for Stainless Steel Output in 2019

[2019-08-01 14:34:44]
Global crude stainless steel production is predicted to reach a new record annual total of 53.1 million tonnes, in 2019. This would exceed the previous high figure, set last year, by more than 4.6 percent. Despite strong expansion in emerging countries, such as India and Indonesia, Chinese growth ... Read More
china latest news about Fierce Competition in Growing Southeast Asian Steel Market

Fierce Competition in Growing Southeast Asian Steel Market

[2019-07-02 08:50:12]
In many parts of the world, the outlook for growth in steel demand is quite modest. However, the region that continues to buck the trend is Southeast Asia. This area is a steadily developing market. All ASEAN countries recorded positive growth in 2018 – with similar projections expected, this year. ... Read More
china latest news about Uncertainty and Price Volatility Dampens Steel Demand in Emerging Markets

Uncertainty and Price Volatility Dampens Steel Demand in Emerging Markets

[2019-07-02 08:48:53]
Business sentiment is unsettled, in Brazil. Distributors and end-users are frustrated with the increased transaction values proposed by their domestic suppliers. The latest initiative, delayed until July, is viewed as excessive. The business climate is challenging, in the Russian Federation. ... Read More
china latest news about Emerging Economies Transform the Global Stainless Steel Market

Emerging Economies Transform the Global Stainless Steel Market

[2019-07-02 08:47:28]
The shape of the international stainless steel market has changed, in recent years. Burgeoning economic growth, in the developing world – particularly, in Asia – has contributed to growing global production overcapacity, relative to demand. In turn, the number of protectionist trade measures has ... Read More
china latest news about Hyundai Steel Awards SMS Group Order For Revamp Of The Heavy Section Mill at Incheon

Hyundai Steel Awards SMS Group Order For Revamp Of The Heavy Section Mill at Incheon

[2019-06-21 17:02:26]
After successfully completing the commissioning of its new horizontal straightening machine, Hyundai Steel has awarded SMS group a follow-up order for the revamp of its Incheon heavy section mill in South Korea. With this revamp Hyundai Steel aims to expand its product range towards larger sections ... Read More
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