runfei news&blogs

12Jun NewsSteel News

Singapore’s Long Term Material Demand Remains Low, China’s Snail Export Quotation Temporarily Leads Market

Recently, the supply and demand fundamentals of Singapore’s long material market have remained stable, with actual imported thread prices remaining unchanged on a weekly basis,...

Read More

06Jun NewsSteel News

Price Reduction Is Endless, Maersk Is Suspended, The Biggest Challenge For Shanghai Port!

  Against the backdrop of the escalating Red Sea crisis and high demand, global transportation capacity continues to be tight, leading to a significant increase...

Read More

05Jun NewsSteel News

International Steel Market Daily: Southeast Asian Slab Prices Have Experienced A Significant Monthly Decline. Some Buyers Are Cautious And Watching Russia’s Low-priced Resources

According to the latest information, the mainstream price of imported slabs from Southeast Asia with specifications of SAE1008/SAE 1006 is about $530/ton CFR, with a...

Read More

03Jun NewsSteel News

IEA Expects China To Continue To Dominate Rare Earth Refining This Decade

The International Energy Agency predicts that by 2030, global rare earth magnet refining capacity will still be highly concentrated in certain regions, with China alone...

Read More

31May NewsSteel News

European Hot Coil Import And Export Prices Are Stable

This week, hot-rolled coils for July delivery in Northern Europe were quoted at 640-660 euros/ton EXW (695-716 US dollars/ton). Some suppliers said they would deliver...

Read More

29May NewsSteel News

Russia, China Eye Steel Industry Cooperation

The Russian Iron and Steel Association and the China Chamber of Commerce for Import and Export of Minerals, Minerals and Chemicals signed a memorandum of...

Read More

27May NewsSteel News

Brazilian Steel Industry To Invest US$19.5 Billion

Brazilian steelmakers will invest 100.2 billion Brazilian reals ($19.5 billion) over the next five years in production expansion, process upgrades and decarbonization projects. Brazilian President...

Read More

23May NewsSteel News

Türkiye’s Posco Assan Company Requests Additional Anti-dumping Duties On Stainless Steel Products From China And Indonesia

Turkey’s largest stainless steel flat steel producer Posco Assan TST (Turkey Posco Assan TST, a joint venture of South Korea’s Posco Steel and Turkey’s Kibar...

Read More

22May NewsSteel News

Nippon Steel Raises Prices in May Due To Cost Reasons

Due to rising alloy costs, Nippon Steel Stainless Steel Corporation (NSSC) will increase the price of nickel-based stainless steel (300 series) sold in May by...

Read More

21May NewsSteel News

Nickel Prices Soar Amid Unrest in New Caledonia

Nickel prices on the London Metal Exchange surged more than 5% on Friday amid violent protests and riots in New Caledonia. New Caledonia will become...

Read More

19May NewsSteel News

EU Approves Nippon Steel’s Acquisition Of U.S. Steel

The European Commission approved Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel on May 6, concluding that “given the limited market position resulting from...

Read More

17May NewsSteel News

Congratulations to The 25th Anniversary of Runfei Group

In honor of the 25th anniversary, Runfei Group recently took a trip to one of the most beautiful island destinations in the world, Boracay, the Philippines. This...

Read More