Although China's steelmakers saw a big rise in profits last year, the industry still has overcapacity problems that have dragged prices to record lows.
China ended an export-tax rebate on steel alloys that contain boron as of January 1, according to a ministry of finance statement. The nation's foreign steel sales would fall by 20 to 30 per cent in the first quarter from the previous three months because of t...
The International Trade Commission (ITC) of the United States ruled on Monday that an American industry is materially injured by reason of imports of carbon and certain alloy steel wire rod from China, paving the way for the US government to levy punitive duti...
According to statistics released by the Turkish Iron and Steel Producers' Association (TCUD), the country’s crude steel output totaled 2.8 million tons in November, decreasing by 8.6% year on year and up by 3% from a month ago.
China's steel industry continues battling overcapacity as demand for 2015 is estimated at 720 million tons with a slower year-on-year growth of 1.4 percent an industry report said on Wednesday.