12
Nov
2019
Iron ore below $80/t on weak market
Price slide continued in iron ore market on pessimistic moods and soft
fundamentals....
11
Nov
2019
Vietnam’s Hoa Phat Group production exceeds 2 million t in
Hoa Phat Group (HPG) raised its steel output in January-October 2019. The manufacturer will try to keep increasing its output in coming months as the local demand recovers. Besides, the company aims to boost export....
09
Nov
2019
WTO rules India to withdraw export incentives, sentiments mix
This autumn India lost the trade dispute with the US at the World Trade Organization (WTO) and was demanded to withdraw the export promoting schemes. The expectations of local steelmakers are mixed, and market insiders are expecting the government to appe...
07
Nov
2019
Chinese plate weakens again on slow demand
Chinese plate exporters kept lowering prices amid slow demand abroad and ongoing competition with foreign suppliers. However, the pace of decrease slowed down due to relatively firm local prices and buying activity....
06
Nov
2019
Chinese steel output and stocks up in mid October amid pause
Chinese steelmakers pushed their production up in October 11-20, as they had been forced to lower numbers during the first week of the month. Market prices remained under pressure of oversupply in November as well....
