US Steel Imports Down 19% Year-to-Date Through May
American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 1,792,000 net tons (NT) of steel in May 2020. |
Blockchain-based iron ore platform MineHub publishes first transaction
Miner BHP and China Baowu Steel Group, the world's largest steel producer, have completed a first iron ore trade on MineHub. |
US Steel Production Capacity Utilization in US last Week Improves to 55.4%
Adjusted year-to-date production through June 27, 2020 was 39,165,000 net tons, at a capability utilization rate of 67.0 percent. |
European Commission Changes EU Steel Import Quotas System
The European Commission has published the result of its second investigation reviewing the safeguard measures put in place by the European Union on imports of steel products. |
China¡¯s steel PMI decreases in June
China's steel sector purchasing managers' index (PMI) decreased by 1.6 points from May to 49.3 in June. |
Factory profit records first growth this year
The profit growth of Chinese industrial firms was positive for the first time this year as economic order further normalized from the COVID-19 epidemic in May, the National Bureau of Statistics said on Sunday. |
ArcelorMittal eyes €440/t for HRC in northwest EU
ArcelorMittal today announced a €440/t ex-works base price for hot-rolled coil (HRC) in the northwest European market, buyers told Argus. |
Japan¡¯s Mazda to resume two-shift car output in July
Japanese auto manufacturer Mazda is planning to restart two-shift production at all of its four domestic assembly plants in July to gradually restore output from Covid-19 lows. |
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