Market mechanism will promote proactive emissions reduction

The Ministry of Ecology and Environment issued a regulation on carbon emissions trading, along with an allocation plan for emissions quotas on Jan 5. The regulation and the plan will take effect on Feb 1.

Monday, January 18, 2021

China's output of crude steel in 2020 was 1.053 billion tons, up 5.2% from the same period last year

According to the National Bureau of Statistics, in 2020, China's crude steel output exceeded 1 billion tons, reaching 1.053 billion tons.

Monday, January 18, 2021

Bayi Iron and Steel: net profit is expected to increase 160.93% to 217.62% in 2020.

Recently, Bayi Iron and Steel issued the “2020 annual performance advance notice”(hereinafter referred to as “Notice”).

Monday, January 18, 2021

Russia may impose export tariffs on some steel products

Recently, the Russian Federation of National Housing Builders complained to Russian Deputy Prime Minister Husnulin that Russian metal prices soared and steel prices rose 40 percent within a month.

Friday, January 15, 2021

Vietnam's building materials market forecast to be robust in 2021

There were increases in demand for building materials this year, Pham Van Bac, Director of the ministry’s Department of Building Materials said.

Friday, January 15, 2021

Hoa Phat Group’s steel output surpasses 5 million tonnes for first time

The steel output of Hoa Phat Group, Vietnam’s leading steel producer, exceeded the 5-million-tonne benchmark for the first time in 2020.

Friday, January 15, 2021

Japan's ferrous scrap exports slow in November

Japan's ferrous scrap exports in November slowed from a 2020 high in October as a surge in domestic scrap prices reduced supply available for export.

Friday, January 15, 2021

China exports 53.67 million tons of steel in 2020 and imports 2023 million tons

According to the General Administration of Customs, China exported 4.85 million tons of steel in December 2020, an increase of 448,000 tons over the previous month, an increase of 3.5% over the same period last year; From January to December 2020, China export...

Thursday, January 14, 2021
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