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BP signed a contract with ThyssenKrupp to promote decarburization of steel production
Nov 07, 2022

Anglo American and ThyssenKrupp Steel have signed an agreement to collaborate on new ways to decarbonize steelmaking. West Asia Import and Export was informed that the collaboration will jointly resea...

Indian market remains strong despite negative global circumstances
Nov 07, 2022

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...

ArcelorMittal, one of the world's largest steelmakers, was forced to cut production
Nov 07, 2022

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...

The export price of China's steel wire rod fell further
Nov 07, 2022

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...

The short-term China’s stainless steel spot prices would be relatively stable.
Nov 07, 2022

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...

Ferrosilicon Weekly Review
Nov 07, 2022

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...

The world's first ultra - high altitude photovoltaic demonstration base was put into operation 
Nov 07, 2022

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 steadily
Nov 07, 2022

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...

International steel market situation
Nov 07, 2022

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. ...

More than 40 Chinese manganese enterprises: from now on, strictly limit and reduce production by more than 60%
Nov 07, 2022

On July 22, the Manganese Professional Committee of China Ferroalloy Industry Association released the latest proposal on the ferroalloy online website. The content of the resolution includes strict limit and reduction of production by more than 60% from now on; Minimize the purchase of foreign ores and avoid the risks brought by high ore prices....

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