US Steel to keep 2 blast furnaces idled
Integrated steelmaker US Steel will keep its two remaining idled blast furnaces down for the rest of 2020. |
Qu Xiuli elected as Secretary General of CISA
Qu Xiuli was elected as Secretary General of China Iron and Steel Association. |
China's manufacturing activity rises for second month in July
China's official purchasing managers' index (PMI) for the manufacturing sector rose to a four-month high in July, indicating that the sector accelerated recovery from the COVID-19 epidemic. |
Industrial profits keep rising in June
Growth comes with pandemic controls, favorable economic and social policies. |
US HRC: Prices resume slide on short lead times
HRC import prices into Houston were flat at $460/st ddp. |
Weak demand, oversupply and price decline to hit Indian steel industry: Ind-Ra
Indian steel industry’s gross spreads per tonne for both hot rolled coil (HRC) and rebar is expected to fall in the second quarter of FY21 with a further fall in steel prices due to oversupply, said India Ratings and Research in a sector report |
Tata Steel production falls to 2.99 MT in April-June
Tata Steel India reported sales of 2.92 million tonne of steel in Q1 FY21 against sales of 3.96 mt in Q1FY 20. |
Posco raises steel output target on demand expectations
South Korean steelmaker Posco is partially restoring its rate of production on expectations that resumption of industrial activity in China and elsewhere around the world will drive a recovery in steel demand in this year's second half from a slump brought on ... |
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