According to the General Administration of Customs, China exported 4.85 million tons of steel in December 2020, an increase of 448,000 tons over the previous month, an increase of 3.5% over the same period last year; From January to December 2020, China export...

The sharp uptrend in global steel market prices has been slowing recently, with buyers preferring to wait and see where prices will go.

Producers have struggled to source enough hot-rolled coil feedstock because of surging prices amid supply tightness.

Russia's government has increased the country's duty on ferrous scrap exports, effective from the end of this month.

Posco on 16 December secured only about 1,000t of the material, while it planned purchase 5,244t for January delivery.

China Baowu Steel Group launched 10 major projects in late December in Baowu Wusong Park in Shanghai's Baoshan district.

US hot-rolled coil (HRC) prices continued their upward march with mills securing higher sales and aiming for even higher levels.

Valin Iron and Steel (Hunan Valin Iron and Steel Co., Ltd.) issued a voluntary information disclosure notice on production and operation KuaiBao in December 2020, according to which the company produced 2.14 million tons of steel in December, down 4.89% from 2...