The World Steel Association (worldsteel) released its Short Range Outlook (SRO) for 2019 and 2020.

Zhanjiang is now promoting the construction and production of its steel and petrochemical industries.

The agreement will establish a multi-level commodity trading market system and win China more of a say in the pricing of metals.

He also points out that the deal comes at a weak point in the steel sheet market cycle.

Steelmakers were announcing price increases to try to reverse the trend.

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.