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Weak demand, oversupply and price decline to hit Indian steel industry: Ind-Ra
Indian steel industry’s gross spreads per tonne for both hot rolled coil (HRC) and rebar is expected to fall in the second quarter of FY21 with a further fall in steel prices due to oversupply, said India Ratings and Research in a sector report |
EU flat steel shipments fall 19% on year through April, stocks soar
Shipments by stockholders and distributors of EU multi-product & proximity steel, including long steel construction products, fell 8.7% in January-April from the year-ago period, with only rebar shipments increasing, Eurometal said. |
Australia sees end-2020 iron ore prices at $55/t
The iron ore price is project to drop to $55/t fob by the end of this year's final quarter, the Australian treasury said. |
Nickel ore market weekly comment(July 20th-July 24th): The prices of Laterite-Nickel ore rose up in this week
Nickel ore market weekly comment(July 20th-July 24th): The prices of Laterite-Nickel ore rose up in this week |
Ferronickel market weekly comment(July 20th-July 24th) The price of high grade ferronickel price went up and down in this week
Ferronickel market weekly comment(July 20th-July 24th) The price of high grade ferronickel price went up and down in this week |
Electrolytic nickel market weekly comment(July 20th-July 24th) LME nickel price went up in general, so did the electrolytic nickel price
Electrolytic nickel market weekly comment(July 20th-July 24th) LME nickel price went up in general, so did the electrolytic nickel price |
Long steel producer Feralpi sees recovery on construction investments
Long steel producer Feralpi sees recovery on construction investments |
US Steel to restart Gary Works blast furnace in August
US Steel to restart Gary Works blast furnace in August |
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