Steel News 10 - Runfei Steel | Steel Supply Since 1998

07May Steel News

Good News For The Domestic And International Steel Market During The May Day Holiday

During the May Day holiday, the market’s expectations for the Federal Reserve to cut interest rates this year were fully rekindled. Since April, corporate inventories...

26Apr Steel News

European Domestic Hot Coil Prices Are Stable And Imported Resources Have No Advantage

In the northwest European market, the price of German hot coils has bottomed out at present. Although demand is weak, a wave of replenishment is...

25Apr Steel News

Brazil Raises Import Tariffs On Steel Products. The Products Involved Include Hot Coils, Cold Coils, Galvanizing, Etc.

On April 23, 2024, the Brazilian Commerce and Foreign Trade Executive Management Committee (Gecex-Camex) issued an official document announcing an increase in import tariffs on...

23Apr Steel News

Türkiye’s Imports Of Hot-rolled Coils From China Continued To Grow From January To February

According to the latest monthly data from the Turkish Statistical Institute (TUIK), Turkey’s total hot-rolled coil imports fell 8.5% year-on-year to 755,000 tons from January...

18Apr Steel News

Geopolitical Tensions in The Middle East Lead To Sluggish Performance in The Black Sea Steel Billet Market

Since April 15, the Black Sea steel billet market has been sluggish, geopolitical tensions in the Middle East have been tense, and Turkey recently banned...

15Apr Steel News

U.S. Steel Shareholders Voted Over 98% in Favor Of Being Acquired By Nippon Steel

U.S. Steel (X.US) shareholders voted on Friday to approve Nippon Steel’s proposed $14.9 billion acquisition of the company, in line with market expectations. U.S. Steel...

11Apr Steel News

Gaza And Israel Conflict Continues, Türkiye Restricts Steel Exports To Israel

As Türkiye celebrates the holiday of Bayram and Ramadan comes to an end, the country’s rebar market is experiencing a quiet period. Despite the sluggish...

09Apr Steel News

Italian Market Demand Is Sluggish（china Steel FOB Price）

Quotations for imported billets from Italy have fallen recently due to sluggish demand and weak market fundamentals, particularly falling iron ore prices. Billet demand is...

07Apr Steel News

Ramadan Is Coming To An End And The Market Still Needs To Recover

The Muslim holy month of Ramadan begins on March 11 and ends with the celebration of Eid al-Fitr on April 11.In the last few days...

03Apr Steel News

Ministry Of Industry And Information Technology Takes Action

The Department of Raw Materials Industry of the Ministry of Industry and Information Technology held a working meeting on stabilizing growth and increasing efficiency of...

02Apr Steel News

Asian Hot Rolls Continue To Fall

Last week, affected by the futures market, Asian hot coil prices continued to fall. The current price of SS400 (3mm) hot coils in Southeast Asia...

28Mar Steel News

How Much Steel Will The World Need By 2050?

How much steel will the world need by 2050? There are now 8 billion people on the earth and “consume” about 1.8 billion tons of...

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