Steel industry is fully competitive in China, but it suffers serious overcapacity at present. It is analyzed that domestic market situation is twisted and it will certainly intensify industry chaos. In the twisted market, state-owned and non-state-owned are

[Ferro-Alloys.com] Ukraine’s crude steel output dropped by 7% during the first five months to 11.38 million tons from the same period of last year, according to data released by the Ukrainian association of metal producers Metallurgprom.

[Ferro-Alloys.com] According to statistics, Japan’s imports of stainless steel products totaled 21,715 tons in April, falling by 4.7% from a month ago.

According to the recent data published by the World Steel Association, the crude steel production by the African region declined by 2.5% during the month of April year-on-year.

According to the data from Japan Iron and Steel Federation (JISF), Japan’s crude steel output dropped by 2.5% to 8.93 million tons in April compared to the same month a year earlier.

[Ferro-Alloys.com] Reportedly, Thailand’s Ministry of Commerce announced to impose final antidumping (AD) duties of 5.17%~33.98% on alloy-added high carbon wire rods imported from China for five year and it has become effective from May 17th.

[Ferro-Alloys.com] According to Stainless Steel Council of China Special Steel Enterprises Association (CSSC), China produced 5.084 million tons of stainless steel in Q1 2014, an increase of 15.42% compared to 2013.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 137 million tonnes (Mt) in April 2014, an increase of 1.7% compared to April 2013.