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10Jan Steel News

International Steel Market Daily: Local Oversupply, India’s Heatwave Reappears in The Vietnamese Market

At present, some Indian buyers have ended their holidays and returned to the trading market, but due to high inventory, local hot rolled coil transactions...

08Jan Steel News

International Steel Market Daily: JSW India Plans To Invest 650 Billion Rupees To Expand Production Capacity And Build India’s Largest Single Steel Plant

On January 5, 2024, JSW Utkal Steel, a subsidiary of JSW Steel, announced that it had obtained a document from the forest officials of the...

05Jan Steel News

Kocaer A1 plant in Türkiye will stop production for two months

Kocaer Steel, a large steel profile and commercial bar producer in Türkiye, will suspend the production of Aliaga A1 Plant during the second phase of...

03Jan Steel News

International Steel Market Daily: Russia’s Active Export Of Finished Sheet Metal And Slab Trading Remains Sluggish

Recently, the export market of Russian sheet metal has been trading actively. Due to the turbulent situation in the Red Sea, the hot rolled coils...

28Dec Steel News

International Steel Market Daily: The Escalating Tensions in The Red Sea Have Hindered China’s Steel Exports

According to Mysteel, the recent tense situation in the Red Sea region has had a serious impact on China’s steel exports. Due to the attack...

26Dec Steel News

International Steel Market Daily: China’s Hot Coil Price Advantage Is Obvious. Some Steel Mills Start Shipping in March To Accept Export Orders

Today, the price of Chinese hot coils is stable and trending towards strength. As of the time of publication, the spot price of mainstream 3.0...

22Dec Steel News

Import Dependence Is Temporarily Difficult To Alleviate. The 12th Round Of EU Sanctions Extends The Quota Period For Russian Slab Production

On December 18, 2023, the European Commission released details on the twelfth round of sanctions against Russia. Among them, the European Commission extended the quota...

19Dec Steel News

International Steel City Daily: Seasonal Factor Challenges Hit Türkiye’s Rebar Market Fell Into A Downturn

Recently, influenced by seasonal factors, the demand for rebar in Türkiye has slowed down and the market has fallen into a downturn. At present, the...

14Dec Steel News

Russia Remains Türkiye’s Largest Semi Finished Timber Supplier

According to the latest monthly data of Türkiye Institute of Statistics (TUIK), Türkiye’s total imports of semi finished timber in October fell 22% year-on-year to...

12Dec Steel News

International Steel Market Daily: China’s Steel Prices Remain Stable, With No Improvement in Newly Signed Export Orders

Today, the price trend of Chinese hot coils is generally stable. As of the time of publication, the spot price of mainstream 3.0 hot coils...

07Dec Steel News

International Steel Market Daily: Significant Price Differentiation Of Rebar in The UAE Domestic Market, Market Pessimism Spreading

Recently, the imported rebar prices in the United Arab Emirates have remained stable, but due to a slowdown in buyer demand to avoid year-end inventory...

05Dec Steel News

International Steel City Daily: The Cost Of Raw Materials Remains High, And The International Competitiveness Of Türkiye’s Resources Continues To Decline

Recently, supported by the cost of raw materials, the rebar price in Türkiye continues to run at a high level. At present, most of Türkiye’s...

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