Global insight
AISI: US Raw Steel Production in the week ending on April 3, 2021
Adjusted year-to-date production through April 3, 2021 was 23,172,000 net tons, at a capability utilization rate of 77.0 percent. |
AISI Releases US March SIMA Imports Data
Finished Import Market Share Estimated at 20 Percent in March. |
Iron ore shipments from Australia and Brazil fall 14% w-o-w
As for Brazil, Vale's iron ore shipment to global destinations swelled for the second week by another 15,000 tonnes on week to 4.4 million tonnes. |
Inner Mongolia Autonomous Region plans to eliminate backward and dissolve excess capacity
On April 6, Ulanqab city issued a notice on printing and distributing the plan of eliminating backward and resolving excess capacity. |
Indian iron and Steel Association: it is estimated that India's steel demand will grow to 100 million tons in 2021
Arnab Hazra, Deputy Secretary General of ISA, recently said that India's steel demand will rebound strongly in 2021 and is expected to grow by about 22% to about 100 million tons. |
ERG Kazchrome Sets Ferroalloys Production Record in 2020
Eurasian Resources Group subsidiary TNC Kazchrome JSC has achieved a new production record. |
Canadian underground mining likely to take hydrogen ventilation lead – HySA
Canadian and Australian mines are big on wanting hydrogen ventilation in underground mining operations, and Canada will likely lead in the use of hydrogen underground. |
Recosting exercise at Zanaga’s Congo-Brazzaville iron-ore project to be completed soon
Aim-listed Zanaga Iron Ore Company’s (Zioc’s) recosting exercise on a 12-million-ton-a-year staged development iron-ore project in Congo-Brazzaville is being completed and is expected to be concluded around the middle of April. |
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