[ad_1] The output of the world’s largest steel industry, China, fell 1.7% last year, a fact that continues to raise many questions about its future direction. This drop continued the downward trend…
[ad_1] For India’s steel industry, what was feared is coming true. Initial government data shows that imports of finished steel from China hit a new record in the first eight months of…
[ad_1] The Construction MMI (Monthly Metals Index) held its sideways trend, dropping by a slight 1.09%. Despite a torrent of construction news, the index didn’t budge much month-over-month and had a minimal…
[ad_1] The Automotive MMI (Monthly Metals Index) remained sideways, only moving down 2.58%. There are currently no significant factors within the US automotive market causing much movement in price action, and automotive…
[ad_1] The index affected was MB-STE-0147 – Steel reinforcing bar (rebar) index export, fob China main port, $/tonneThe price is part of the Fastmarkets ferrous package.For more information or to provide feedback…
[ad_1] Steel news outlets recently discovered that longs and semis producer British Steel recently acquired natural resources to sustain production at its Scunthorpe plant through 2025. “At the same time, we remain in…
[ad_1] Indian steel industry leader Tata Steel recently announced that it had signed a contract with an Italian company to install a new electric arc furnace at its Port Talbot facility in…
[ad_1] The Raw Steels Monthly Metals Index (MMI) moved sideways, with a mere 0.12% increase from September to October. U.S. flat rolled steel prices showed mixed direction during September. HRC prices traded…