METI: Japan's steel production hit a 52-year low in fiscal year 2020/21

Forecast of Ministry of Economy and Industry (Meti) of Japan, Japan's crude steel production is expected to be 82.5 million tons in the fiscal year from April 2020 to March 2021, down 16% from a year earlier, the 52-year low since fiscal year 1968/69.

Wednesday, December 23, 2020

National City Bank of New York: Continued recovery in steel production in Europe and other OECD countries is expected

National City Bank of New York said,despite the surge in New Crown virus infections in Europe, steel prices and product delivery times mean that steel production in Europe should continue to rise throughout the winter, and production is expected to continue t...

Wednesday, December 23, 2020

Iran ranks 19th among world's biggest steel ingot exporters

According to the mentioned website, in 2019, Iran ranked 159th among the world’s top 196 countries in terms of importing crude steel (ingots), IRNA reported.

Wednesday, December 23, 2020

Foreign investment in Iran up 97% in 5 months yr/yr

According to the mentioned data, $1.189 billion of foreign investment had been attracted in the country during the first five months of the previous year.

Wednesday, December 23, 2020

China's crude steel production is expected to exceed 1 billion tons in 2020

Li Xinchuang, the secretary of the Party Committee and Chief Engineer of the Metallurgical Industry Planning and Research Institute, said at the Press Release on Steel Demand Forecasts of China's iron and steel in 2021 that China's crude steel production from ...

Tuesday, December 22, 2020

AISI Releases US November SIMA Imports Data

AISI reported that steel import permit applications for the month of November totaled 1,408,000 net tons (NT)*. .

Monday, December 21, 2020

AISI: US October Steel Shipments Down 14.7% from October 2019

In October 2020, U.S. steel mills shipped 6,747,709 net tons, a 1.3 percent increase from the 6,662,904 net tons shipped in the previous month.

Monday, December 21, 2020

Posco, Fortescue to collaborate on green hydrogen

Fortescue will look at using the PosMAC steel product to build its solar energy facilities in Western Australia.

Friday, December 18, 2020
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