On March 10, 2020, the European Union issued the "New European Industrial Strategy", which made it clear the future vision of the European industry

World steel consumption is likely to decline by 2.2pc in 2020, the OCE said.

Strong Chinese demand and supply disruptions from Brazil have sent iron ore port prices to near record highs.

In the week ending on December 19, 2020, US domestic raw steel production was 1,619,000 net tons while the capability utilization rate was 73.2 percent.

U.S. imported a total of 1,370,000 net tons (NT) of steel in November 2020.

U.S. imported a total of 1,370,000 net tons (NT) of steel in November 2020.

Commitments to decarbonise the global economy are gaining momentum.

Crude Steel Production down slightly YoY in Hebei, China in November, 2020.