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...
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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...
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...
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...
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...
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...
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...
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...
The United States Announces It Will Impose Additional Tariffs On Chinese Steel And Aluminum
On May 14, 2024 local time, the United States announced that it would impose additional tariffs on Chinese steel and aluminum. Under Section 301, tariff...
Biden Set To Increase Chinese EV Tariffs To Over 100%
The Biden administration is expected to impose tariffs on Chinese electric vehicles and other imported products to make domestic industries more competitive. After a three-year...
Draft Free Trade Agreement Between Ukraine And Türkiye
On May 7, the Ukrainian Cabinet approved the draft free trade agreement between Ukraine and Turkey, laying the foundation for the agreement to take effect....
World Steel Says: Global Steel Industry Requires Fairness Amid Decarbonisation
Edwin Basson, director general of worldsteel, said at the Singapore Green Steel Forum on Tuesday that a level playing field is key to keeping global...
