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Australia sees end-2020 iron ore prices at $55/t
The iron ore price is project to drop to $55/t fob by the end of this year's final quarter, the Australian treasury said. |
Posco raises steel output target on demand expectations
South Korean steelmaker Posco is partially restoring its rate of production on expectations that resumption of industrial activity in China and elsewhere around the world will drive a recovery in steel demand in this year's second half from a slump brought on ... |
Tata Steel production falls to 2.99 MT in April-June
Tata Steel India reported sales of 2.92 million tonne of steel in Q1 FY21 against sales of 3.96 mt in Q1FY 20. |
Weak demand, oversupply and price decline to hit Indian steel industry: Ind-Ra
Indian steel industry’s gross spreads per tonne for both hot rolled coil (HRC) and rebar is expected to fall in the second quarter of FY21 with a further fall in steel prices due to oversupply, said India Ratings and Research in a sector report |
Brazil to auction 8 ports, 30 highways: Correction
The government is seeking to raise at least R$2,6bn ($480mn) from the sales, but it has not yet defined the target values for all projects. |
US Steel to Restart Gary Works BF6 in August
The No 8 BF was temporarily idled in mid-March amid lower demand resulting from the coronavirus pandemic and related automotive production stoppages. |
SSAB Q2 Earnings Impacted Negatively by Lower Demand
SSAB’s operating result for the second quarter of 2020 was SEK -251 million. |
China Taiyuan coal transaction price index edges up 0.06 pct
Trade unions in the UK suggest they will not allow the end of blast furnace steel production. |
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