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Address: 22nd Floor, Royal Wing Tower, Long Champ International Building, No.9 Xiangfu Road, Changsha, Hunan, China, PC: 410116

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August 2016 Steel Price Forecast: Steelmaker Falls on Worry Over Prices

Keywords :        Update : 2016-09-01        View(s) : 1264

Earlier this week, Russian steelmaker Evraz dropped with fellow metals producers as the FTSE 100 hit a two-week low. According to a report from the Financial Times, Evraz stock dipped 4.5% Monday over fears that it could be negatively affected by steel prices trending lower. Si...

Chinese Steel production may shrink further in 2017

Keywords :        Update : 2016-08-31        View(s) : 1230

With local  demand slowing down the steel production in China is expected to come down  further in 2017, according to China Iron and Steel Association. The original  estimate was 3 percent decline this year, but the decline in output imight be  less than anticipated but the downt...

Chinese Iron Ore traders await G20 summit

Keywords :        Update : 2016-08-30        View(s) : 1464

China's Iron Ore traders are awaiting the G20 summit summit to study the impact on the market for Iron Ore as the government has come up with orders to shut down polluting Steel factories in surrounding areas and provinces.  Iron Ore is a key ingredient in Steel and is a major source of...

Japanese Crude Steel production continues to rise in July

Keywords :        Update : 2016-08-29        View(s) : 1309

 With the increased production to meet the domestic demand, Japan's crude steel output in July increased for a fourth month in a row. Japan gained again over a period last year when high inventories and slow domestic demand had forced Japanese mills to trim output. July crude steel ...

Southern European HRC Steel prices remain flat at €412 per ton

Keywords :        Update : 2016-08-27        View(s) : 1193

The  Southern European hot rolled cold (HRC) steel prices remained flat week-on-week  at €406 a ton during the week ended July 01, as per the latest figures from the  Steel Index. With the majority of Q3 orders completed, buyers negotiating  deals for the fourth quarter s...

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