In November alone, production of finished steel reached over 1.82 million tonnes.

In the week ending on December 31, 2022, US domestic raw steel production was 1,602,000 net tons while the capability utilization rate was 71.8 percent.

US hot rolled coil (HRC) spot prices moved down as the market remained quiet due to the Christmas holiday.

However, the net debt to equity ratio of steel companies is still significantly better than in the 2010-2019 period.

The domestic demand forecast was cautiously optimistic, according to market sources, led by stronger increased spending for the infrastructure market.

After the reorganization, Sinosteel will no longer be under the direct regulation of the SASAC.

By September this year, the number of iron and steel enterprises in the northern Chinese province had been slashed to 39 from 123 about 10 years ago.

Fluorspar is the commercial name for the naturally occurring mineral fluorite, composed of calcium and fluorine (CaF2).