According to the latest five-year plan (fiscal year 2021-2025, April 2021-March 2026), Japan's largest steelmaker plans to cut domestic steel production by 20% or 10 million tons to 40 million tons in the next five fiscal years to cope with weak demand and env...
European steel producers using electric arc furnaces (EAF) may invest higher costs in their production lines due to recent conflicts between Chinese synthetic graphite electrode exporters and European manufacturers.
Europe's silicon market continued to recover in February, with prices hitting more than five-year highs this month and silicon producers reaping the rewards.
On March 2, the Ministry of industry and information technology approved the formulation and revision plan of the first batch of industry standards in 2021.
According to the report released by POSCO, the total output of stainless steel in 2020 will reach 1799000 tons, which is lower than that of the previous year's 19.97 million tons and 2033000 tons in 2018.
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