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Threeway Steel Co., Ltd

E-mail: sales@srtsteelpipe.com

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

Phone:0086-731-8873-9521  

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January Steel Price Forecast: China’s Plan to Reduce Crude Steel Production to Cost Jobs

Keywords :        Update : 2016-01-30        View(s) : 2337

The plan put in place by China to reduce crude steel production capacity could have far-reaching consequences, including job cuts and social instability. Bloomberg Business reported the move could cost the Far East nation as many as 400,000 jobs and may well fuel social imbalance. Citing th...

U.S. firms in China steel for short-term pain to win long term

Keywords :        Update : 2016-01-21        View(s) : 2343

U.S. firms in China see near-term risks from rising costs, slowing growth and stronger local rivals, though most are still upping investment and remain hopeful over longer-term prospects in the world's second-largest economy. An annual survey released by the American Chamber of Commerce ...

Northern European HRC Steel prices remain flat at €315 per ton

Keywords :        Update : 2016-01-18        View(s) : 2381

Northern Europe hot rolled cold (HRC) steel prices remained flat week-on-week at €315 per ton in the week ended January 08, as per the latest figures released by The Steel Index.  Market activity in European steel markets was limited during the week, keeping HR coil prices mostly fl...

EU domestic steel scrap prices rose 3% during Dec 2015

Keywords :        Update : 2016-01-17        View(s) : 221

The latest statistics released by the European Association of Iron and Steel (EUROFER) suggest marginal rise in domestic scrap steel prices during December last year. The average scrap prices rose nearly 3% over the previous month. However, the scrap prices were down significantly by almost one-...

Chinese Steel Production

Keywords :        Update : 2016-01-15        View(s) : 2460

China is churning out steel in spite of a slowdown in domestic demand with its surplus powering rising exports. China’s steel exports rose by almost 20% in 2015 to a record 112.4 mmt. To put that in perspective that is enough to meet demand in Germany and Japan for a year and still leave almost ...

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