Big-ticket fund set up for SOEs in China

$30.6b earmarked for mixed-ownership reform, cutting-edge technology.

Tuesday, January 5, 2021

Dislocation in domestic, external recoveries

The purchasing managers' index of China's manufacturing industry was 51.9 percent in December.

Tuesday, January 5, 2021

METI predict Japan's crude steel output increase 7.3% to 23.5 million tons in Q1 2021

METI predicts that Japan's crude steel output will reach 23.5 million tons in the first quarter of 2021.

Monday, January 4, 2021

Russian Antimonopoly Authority proposes to impose export duties on billet and rebar

The Federal Antimonopoly Agency of the Russian Federation has proposed to investigate billet and rebar and impose export duties to ease the sharp rise in local prices over the past month.

Monday, January 4, 2021

Japan's steel exports fell 4.7% year-on-year in January-November 2020 and 18.4% year-on-year in China

According to customs statistics released by the Japan Iron and Steel Federation, Japan's exports of steel products in November were 2.43 million tons, down 2.5% from a month earlier, down 10.4% from a year earlier.

Monday, January 4, 2021

Brazilian steel production capacity utilization is higher than before the epidemic

Brazil's steel production continued to recover after the closure of the new crown pneumonia outbreak, mainly supported by strong domestic demand, and again showed a strong trend in November. At present, Brazil steel capacity utilization rate reached 68.9%, has...

Monday, January 4, 2021

European Metallurgical Co. and Mitsui Co. signed the first contract for the import of recycled steel raw materials

On January 1,2021, European Metallurgical and Mitsui products signed a contract for the import of recycled iron and steel raw materials. It is reported that this is recycled steel raw materials after the release of import restrictions after the first domestic ...

Monday, January 4, 2021

Japanese Mitsui will not support Hawson iron ore project

Japanese trading house Mitsui will not extend the option to provide $60mn in funding for the 10mn t/yr Hawson iron ore project.

Tuesday, December 29, 2020
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