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ferro-alloys.com:Steel sector of China encounters increasing illegal capacity risks

The lackluster demand for steel in foreign markets is likely to weigh on prices after the holiday.

Ongoing steelmaking restrictions continued to support prices for hot-rolled coil in China on Tuesday September 24.

[Ferro-Alloys.com]South Korea has urged China to terminate its anti-dumping measures on Korean polycrystalline silicon for solar panels, claiming they do not pose any domestic threat, officials said Wednesday.

The city of Ma'anshan, where the Magang (Group) Holding, or MA Steel, is located, is striving to become a "famous city for intelligent manufacturing".

Chinese cold-rolled coil and hot-dipped galvanized coil export prices held steady over the past week.

Chinese output of hot metal, crude steel and finished steel all increased in August.

FeV prices fall on spot sales down in Western market A few spot FeV sales in the US and Europe indicated lower prices. A US mill reportedly purchased 10,000 lb at $14.65 per lb. A trader said he had lost an even smaller business at below $14.60. In Europe,...