Hebei Crude Steel Production increased in 2020.

Chamber of Commerce statistics, Privately operated steel enterprises in 2020 cumulative output of crude steel was 665.69 million tons, an increase of 5.98% from the same period last year.

On the morning of February 2, Chongqing Iron and Steel 3# blast furnace re-production and ignition success, marking the Chongqing Iron and Steel blast furnace system upgrading project completed, opened Chongqing Iron and Steel ¡°three big one small¡± four blas...

Russian integrated steel producers NLMK, Severstal and MMK increased raw material production in 2020.

The country produced 30.14mn t of crude stainless steel in 2020, up by 2.51pc from 2019.

The Argus weekly domestic US HRC index was flat at $1,200/st ex-works Midwest last week. Lead times fell to 7-8 weeks from 8-9 weeks.

Urals-based MMK sold 5pc less steel in 2020, reaching 10.8mn t, of which 4.3mn t was hot-rolled coil (HRC), down by 3.8pc on the year.

The last increase was on 8 January, making this the fifth offer hike since mid-November last year of a total of €200/t.