The import price for steel billet in the United Arab Emirates has narrowed over the past week.

Buyers were reluctant to book large tonnages before prices hit a market bottom and end-user demand begins to improve.

Indian steel demand to improve in H2, but weak H1 expected: Crisil.

Currently, India has a production capacity of about 140 million tonne (MT) capacity and produces over 100 MT of steel annually, he said.

The listed futures at the Shanghai Futures Exchange are eight contracts to be delivered from February to September of 2020.

ferro-alloys.com:Steel sector of China encounters increasing illegal capacity risks

Ongoing steelmaking restrictions continued to support prices for hot-rolled coil in China on Tuesday September 24.

Many European steel producers have reported significant falls in profits in recent results due to weaker demand for steel during an economic downturn.