Under the action of many factors, the short-term rebar price is easy to fall but difficult to rise.

In one of the most challenging engineering projects ever undertaken, Chile is building a unique steel-built suspension bridge near the site of the strongest earthquake ever recorded.

"[Rail operator] Transnet Freight Rail (TFR) is cancelling many trains," said one supplier.

It is expected that a new round of coal price rise will not appear until April or may.

The carbon intensity of the UK power sector reached its highest level in over a year in January.

In 2020, China's steel bar output was 266.391 million tons.

Japanese steel mill Nippon Steel expects its crude steel output in this year's January-March quarter to recover above 10mn t for the first time since January-March 2020.

The German Business Daily reported recently, the German Steel Association said, German crude steel production in 2020 was 35.7 million tons, down 10% from the weaker 2019, the lowest level since 2009.