runfei news&blogs

06Apr Steel News

Import Prices Of Long Products in Southeast Asia Are Stable With Falling

On April 3, Singapore’s rebar import assessment price was US$645/ton (CFR), a week-on-week decrease of US$15/ton. According to market news in Singapore, some overseas suppliers...

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04Apr Steel News

CSN(Companhia Siderúrgica Nacional) Secured A $1.4 Billion Loan To Expand Mining Activities

Brazilian steelmaker CSN and its iron ore mining companion CSN Mineracao announced a $1.4bn economic mortgage with a group of banks led by using the...

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04Apr Steel News

Vietnam’s Hot Rolled Steel Coil Import Prices Continued To Fall

On March 31, Vietnam’s hot rolled steel coil import assessment price was 665-680 US dollars / ton (CFR), which showed a downward trend from 680...

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03Apr Steel News

Ansteel’s Profit Decrease 97% For 2022

Liaoning Anshan Iron and Steel Co., Ltd. released its financial report for 2022, stating that its annual operating revenue was 131.072 billion yuan ($1.91 billion),...

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03Apr Steel News

India’s ArcelorMittal-Nippon Steel Will Obtain A $5 Billion Mortgage From A Consortium Of Japanese Banks To Increase Manufacturing Ability in Hazira.

Luxembourg-based steelmaker ArcelorMittal said it had agreed a $5 billion deal with Japanese banks, including the Japan Bank for International Cooperation. The mortgage agreement will...

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31Mar Steel News

Second-half Steel Consumption in Vietnam Is Expected To Increase

Although the demand for steel in Vietnam has been slower than expected this year, with the country’s GDP expected to increase by 6.47 to 6.83%...

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30Mar Steel News

Second-half Steel Consumption in Vietnam Is Expected To Increase

While Vietnamese steel demand has so far been slower this year, it has the potential to improve on the back of the country’s GDP growth...

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29Mar Steel News

Ukraine’s Steel Industry Will Only Recover Once Seaports Are Unblocked To Enable Exports

“Therefore, the group calls on the authorities, diplomats, and international partners of Ukraine to make every effort to open the sea to Ukrainian steel,” he...

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28Mar Steel News

The ASEAN Billet Industry Is Stagnant Due To Negativity

Since early last week, Chinese 3SP grade 150mm billet has been reported to be sold at $610/tonne cfr Manila. A trader in Manila claims that...

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27Mar Steel News

Hyundai Steel Of South Korea Decreased Its Most Recent Bid Rates For Japanese Scrap On Friday

A reduction in the procurement price for H2 grade scrap trucked to Tokyo Steel’s Utsunomiya steelworks was revealed at the same time by the industry’s...

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24Mar Steel News

Brazil Rejects Request To Impose Anti-dumping Measures On Chinese HRC

For a maximum of five years, Brazil placed countervailing duties and AD measures on Chinese HRC in 2018. However, these were never used for the...

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22Mar Steel News

Egyptian Rebar Prices Continue To Rise

Market leader Ezz Steel has increased its ex-works domestic rebar price by 9.7% to EGP 32,135 ($922), with 14% VAT included. The prior price was...

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