China to further cut crude steel output for carbon neutrality goal

China will resolutely cut the output of crude steel and ensure it falls year on year in 2021, a senior official said .

Tuesday, January 5, 2021

Steel output of Chongqing Iron & Steel broke through 7 million tons

Chongqing Iron & Steel (Group)'s steel output broke through 7 million tons.

Tuesday, January 5, 2021

METI predict Japan's crude steel output increase 7.3% to 23.5 million tons in Q1 2021

METI predicts that Japan's crude steel output will reach 23.5 million tons in the first quarter of 2021.

Monday, January 4, 2021

Russian Antimonopoly Authority proposes to impose export duties on billet and rebar

The Federal Antimonopoly Agency of the Russian Federation has proposed to investigate billet and rebar and impose export duties to ease the sharp rise in local prices over the past month.

Monday, January 4, 2021

Japan's steel exports fell 4.7% year-on-year in January-November 2020 and 18.4% year-on-year in China

According to customs statistics released by the Japan Iron and Steel Federation, Japan's exports of steel products in November were 2.43 million tons, down 2.5% from a month earlier, down 10.4% from a year earlier.

Monday, January 4, 2021

Brazilian steel production capacity utilization is higher than before the epidemic

Brazil's steel production continued to recover after the closure of the new crown pneumonia outbreak, mainly supported by strong domestic demand, and again showed a strong trend in November. At present, Brazil steel capacity utilization rate reached 68.9%, has...

Monday, January 4, 2021

European Metallurgical Co. and Mitsui Co. signed the first contract for the import of recycled steel raw materials

On January 1,2021, European Metallurgical and Mitsui products signed a contract for the import of recycled iron and steel raw materials. It is reported that this is recycled steel raw materials after the release of import restrictions after the first domestic ...

Monday, January 4, 2021

US steel market expected to undersupplied through Q1 2021

The US steel market is expected to remain undersupplied through the first quarter of 2021.

Tuesday, December 29, 2020
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