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Middle East crude steel output dropped 15% in November

Keywords :        Update : 2016-01-03        View(s) : 268

According to most recent data published by the World Steel Association (World Steel), the crude steel production by the Middle East region dropped sharply by 14.7% during the month of November ’15 year-on-year. The region’s crude steel output totaled 2.267 Million tonnes during November this year, a...

China to dump cheap steel with likely export price fall

Keywords :        Update : 2015-12-28        View(s) : 2006

The world needs to get used to cheap Chinese steel, with export prices poised to fall again next year as the biggest producer adjusts to demand that's dropping for the first time in a generation. EconomicTimes - The world needs to get used to cheap Chinese steel, with export prices poised to fa...

List of world top ten steel producing nations during Nov 2015

Keywords :        Update : 2015-12-24        View(s) : 1881

According to latest statistics published by the World Steel Association, the world crude steel output by 66 countries reporting to the Association totaled 126.826 Million tonnes during November this year. The monthly output declined by 4.1% when compared with November last year. These 66 countries a...

Heavy Anti-Dumping Duties Hit Chinese Anti-Corrosive Steel Imports

Keywords :        Update : 2015-12-23        View(s) : 1892

The Department of Commerce  found that imports of corrosion-resistant steel products from China, India, Italy, and Korea, had been illegally dumped in the US, in violation of international law, and also announced a negative preliminary determination in the anti-dumping investigation of imports ...

Major steel scrap exporters seen shifting their focus to non-Chinese markets

Keywords :        Update : 2015-12-16        View(s) : 1854

The sharp plunge in iron ore prices has resulted in a shift in steel production from electric arc furnaces (EAFs) and induction furnaces (IFs) to blast furnaces, especially in China. The ramp-up in steel production by non-Chinese region has shifted the focus of steel scrap exporters to destinati...

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