Ansteel injects "steel power" into Sino-Russian nuclear energy cooperation projects

The Pioneer reported that faced with acute scarcity and sharp price hike of iron ore, steel industry bodies have urged the Odisha Government to restore the right of preemption under the Minerals Concession Rules 2016 to save the steel sector in the State.

According to General Administration of Customs, China exported 5.271 million tonnes of finished steel in May 2021, down 33.9% MoM from 7.973 million tonnes in April 2021.

Vietnamese steel maker Hoa Phat Group achieved a steel sale of 695,000 tonnes in May 2021.

American Iron & Steel Institute announced that in the week ending on June 5, 2021, US’s domestic raw steel production was 1,840,000 net tons.

It can recycle 350,000 tons of waste iron and steel per year.

Forging ahead toward a greener future, China is ever more committed to transforming the steel industry into a low carbon-emitting one amid its long-term green pledges.

The main reason for the high steel prices in Vietnam is that raw material import prices have risen too fast