Feb-01-2021
With the slow recovery of national economy, the global demand for steel industry is gradually rising. But at this stage, because the production of steel is difficult to keep up with the demand, the global steel price is rising. From the variety point of v
Jan-28-2021
Global crude steel production reached 1,864.0 million tonnes (Mt) for the year 2020, down by 0.9% compared to 2019.
Asia produced 1,374.9 million tonnes Mt of of crude steel in 2020, an increase of 1.5% compared to 2019. China's crude steel pr
Jan-20-2021
In recent years, especially during the "13th Five-Year Plan" period, emerging ICTs (information and communication technologies) represented by artificial intelligence, 5G, cloud computing, and big data have developed rapidly. With the introduction of a
Jan-14-2021
Today, the mainstream quotation of Handan City's medium plate is lowered by 10. Now 14-20 specifications Puyang reported 4340 RMB. BBNsteel reported the medium plate price 4320-4330 RMB, low alloy price increase 220. Today's morning futures oscillated.
Jan-07-2021
Last week, the ferroalloy market rose across the board. Some steel mills have finalized the bidding price for ferrosilicon in January 2021 (7180 yuan/ton ~ 7,500 yuan/ton), which is higher than the bidding price in December 2020.
Dec-22-2020
In terms of the global pattern, the global steel consumption in 2020 will be 1.747 billion tons, a year-on-year decrease of 2.5%; in addition to a small increase of 1.7% in Asian steel demand, there will be a "double-digit" decline in the Middle
Dec-17-2020
Near the end of the year, China's steel market is heating up again. The main performance is that the steel demand is more vigorous, the steel output is running at a high level, and the steel price is rising by a large margin.Macroeconomic indicato
Dec-10-2020
In November, due to the short-term rebound of market demand, strict expectation of environmental protection and production restriction policy, relatively good sales profit margin and release of new production capacity, the production of steel mills grew r
Dec-04-2020
As for the steel price in 2020, senior analysts in the industry summarized it as "climbing the hurdle", that is, it fell for 4 consecutive months and then rose for 7 consecutive months. Among them, the cold rolling steel price index has reached
Nov-26-2020
On the 26th, the price of plate in Xi'an market remained stable for the time being, and the transaction volume increased slightly. As of press time, the market price of 12mm plain carbon steel sheet is 4180 yuan/ton, and the price of 14-25mm plain carbon
Nov-17-2020
Enthusiasm for downstream replenishment heats up
The coking plant has started well under the stimulus of profits, coupled with frequent coal mine safety inspections, and the supply of individual coal mines has shrunk. The coking coal market is relatively
Nov-13-2020
WorldAutoSteel, the automotive group of the World Steel Association, announced a new vehicle engineering program, Steel E-Motive on 12th Novemver. The new program will demonstrate the benefits of steel for global Mobility as a Service (MaaS), characteriz
Nov-05-2020
Our society faces pressure on long term sustainability from many sources. A rapidly growing global population, expanding needs for many good and services, and spreading wealth that stimulates more demand, all contribute to pressure on the sustainability o
Oct-26-2020
On October 26, the China Iron and Steel Industry Association held an information conference for the third quarter of 2020 in Beijing. Qu Xiuli, vice president and Secretary General of China Iron and Steel Industry Association, said at the press conference
Oct-19-2020
Although the government continues to promote the process of reducing capacity in the steel industry, due to high sunk costs such as production equipment, steel companies choose to continue production in order to reduce costs and losses. As a result, the o
Oct-12-2020
Looking forward to October, the international steel market may run in shock and differentiation. In Europe, the manufacturing industry expanded steadily, the growth of flat products slowed down slightly, and the market price of long profiles increased sig
Sep-25-2020
On September 24, the cold-rolling coil sheet price in the Tianjin market steadily weakened, and the current mainstream cold-rolling steel mills in Tianjin have a representative specification of about 4570 yuan/ton. The market transactions are relatively a
Sep-18-2020
The latest project was launched in early May 2020 by another private steelmaker, Rizhao Steel*. The project will produce 0.5 Mt/a DRI using hydrogen, which is extracted from the co-products of a natural gas-based process to make vinyl acetate.
Sep-10-2020
On September 9, the mainstream trend of the latest hot-rolled sheets and coils prices in the Tianjin market showed a downward trend. The price of hot rolled coil 3.0*1500*C Q235B carbon steel: 4090 yuan/ton, down 40 from yesterday.
Sep-04-2020
Steel production in China continued to grow. According to the National Bureau of Statistics, the national output of pig iron, crude steel, and steel from January to July was 510.86 million tons, 591.17 million tons, and 723.95 million tons, respectively,
Aug-26-2020
According to the latest steel import monitoring and analysis (SIMA) data released by the American Iron and Steel Institute (AISI), the number of US steel import license applications rose sharply in July this year.According to the trade data provided by th
Aug-21-2020
One is to promote the formation of a new balance between supply and demand. During the "14th Five-Year Plan" period, supply-side structural reforms will still be the main line of the development of the steel industry. Maintaining the basic balance of su
Aug-17-2020
According to the market forecast released by the European steel union on August 5, the output of all steel consumption industries in the European Union will drop by 12.8% in 2020 and rise by 8.9% in 2021. However, Europe said that the strength of steel co
Aug-10-2020
Recently, the National Development and Reform Commission website released the operation of the steel industry from January to June 2020.1. The output of iron and steel increased steadily. According to the data of the National Bureau of Statistics, the nat
Aug-06-2020
Under novel coronavirus pneumonia public health incident in the first half of this year, steel enterprises strengthened self-discipline and ordered production control, which played an important role in stabilizing the economic and social development. On t
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