China's steel margins narrow sharply in Sep as high iron ore prices bite

China's domestic steel margins have slumped since the start of September due to high iron ore prices and a "correction" in finished steel prices, S&P Global Platts data shows.

Friday, September 18, 2020

US adopts final steel import monitoring rules

The US Department of Commerce adopted a final rule Sept. 11 to modernize the Steel Import Monitoring and Analysis (SIMA) system, it said in a statement.

Friday, September 18, 2020

Brazil steel prices rally on strengthening demand, weak supply

Major mills announced capacity shutdowns throughout April and May expecting an annual contraction of demand by at least 30%.

Friday, September 18, 2020

China's vehicle sales seen rising further in Sep-Oct after 12% jump in Aug, boosting metals outlook

On a month-on-month basis, output was down 3.7%, while sales rose 3.5%.

Friday, September 18, 2020

China's property, infrastructure growth rises in August, supporting metals demand

Strong demand from the property sector was lending some support to long steel, aluminum and copper markets in September, market sources said.

Thursday, September 17, 2020

Iron Ore & Steel Q4 Outlook: Iron ore to stay strong despite fall in steel output

Only 18% of respondents expected their iron ore requirements to increase in Q4.

Thursday, September 17, 2020

China's steel output softens in September after record high in August

This is because upward momentum in property and infrastructure, which account for over 55% of China's total steel consumption, has slowed.

Thursday, September 17, 2020

Steelmaker ArcelorMittal to restart halted Sestao, Spain EAF this month

The plant can produce 300,000 mt/year of hot rolled coils and 160,000 mt/year of pickled and oiled coils.

Thursday, September 17, 2020
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