Industry News

Although the global steel industry suffers from several negative factors such as growing inflation, the approaching slow down of the economy, and the European energy crisis, it was estimated th...

Sanctions against Russia have caused a backlash in Europe. Soaring energy prices have hit German industrial companies hard. In Hamburg, Germany, ArcelorMittal, one of the world's largest steelmakers...

Due to insufficient demand, China's wire rod export prices continue to decline.This week,Chinese traders quoted US $560-570/t CFR for Thailand's low-carbon wire rods, a drop of US $5/t within one week...

China’s stainless steel production exceeded expectations in September, but the consumption was also high due to stock preparation before the holidays.It was understood from market participants that th...

After the National Day holiday, under the strong support of the cost side (blue carbon, electricity and transportation costs), the ferrosilicon spot market is running strongly this week; the downstrea...

On October 14, in Zhengdou Township, Xiangcheng County, Ganzi Prefecture, on the Dinggong prairie with an altitude of more than 4,000 meters, photovoltaic panels that could not see the end of the ligh...

Bangladesh steel industry develops steadilyDespite the extreme volatility of the economy over the past three years, Bangladesh's steel industry has continued to grow. Bangladesh has become the third l...

Singapore rebar import prices continue to fall Recently, the demand for imported rebar in the Singapore market has continued to be sluggish, and buyers are not willing to purchase spot. Import prices of wire rods in Southeast Asia continue to fall The import assessment price of wire rod (low carbon) in Southeast Asia is 570 US dollars / ton (CFR), showing a downward trend compared with last week. ...

Ferromolybdenum prices have risen sharply: Alloys (60-70% Mo) are being offered at $43-43.5/kg Mo FCA Rotterdam, compared to $39.5-40.5/kg Mo FCA Rotterdam a week ago. Market participants reported that prices were changing daily, with prices above $42/kg Mo on Friday, while quotes on Monday fell back to $40/kg Mo. During the week, however, the price momentum was strong, with quotes rising daily....

Since the beginning of the year, demand for Chinese ferrosilicon has grown significantly amid the European energy crisis, and later because of economic sanctions against Russia, another major supplier, making the Chinese material more attractive.Hainan West Asia ferrosilicon exports on the rapid growth. ...