Blog Posts
Vale loses 1.5mn mt ore production to rain
Vale estimates a production loss of 1.5mn mt in iron ore production and third-party purchases due to heavy rains that hit the Minas Gerais region a week ago. Still, the company has
US: West Coast export yard Fe prices vary
US West Coast export yard ferrous scrap prices varied by region on Tuesday as collection prices at docks adjusted to regional dynamics. The Davis Index for US-origin HMS 1&a
Formosa Steel hikes HRC prices by $145/mt
Vietnam’s Formosa Ha Tinh Steel Corporation (FHS) hiked HRC prices for May and early June shipments following a rise in global steel prices which have spiked to a decade̵
India’s auto production jumps 67pc in March
Total auto production in India in March was reported at 2.36mn units, up 67pc from the prior year month, according to data released by Society of Indian Automobile Manufacturers (S
Iran’s iron ore concentrate output up 5pc
Iran’s iron ore concentrate production in the Iranian year 1399 (Mar 21, 2020-Mar 20, 2021) stood at 49.7mn mt, up by 5pc as compared to the preceding year, according to loca
Central Asia Metals’ output dips in Q1
UK-headquartered Central Asia Metals’ copper, lead and zinc output was lower in Q1 FY2021 compared to the prior year with the drop in copper production being more severe than oth
Supporting shredder parts exclusion from tariffs: ISRI
The Institute of Scrap Recycling Industries (ISRI) has supported the exclusion of shredder wear parts from section 301 tariffs in its recently submitted comments to the Office of t
SAIL reports 36pc jump in November sales
Steel Authority of India reported a 36pc rise in sales volume in November 2019 compared to previous year. Government owned, Steel Authority of India Limited (SAIL) sales vol
Supply side pressures growing in China
China lax on overcapacity controls into 2019. China’s Ministry of Industry and Information Technology recently warned that the steel sector is facing illegal capacity f
