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Global insight

Qingshan Group built another 1-million-ton ferrochrome project abroad except for Indonesia

Qingshan Group signed a $1 billion (S $1347 million) framework agreement with Zimbabwe in June 2018 to build a steel plant with an annual capacity of 2 million tons, Reuters reported.

Friday, March 12, 2021

Ukraine's ferroalloy exports fell by 39.1% in February

Ukraine's ferroalloy exports fell by 39.1% in February

Friday, March 12, 2021

It is estimated that the global seaborne trade volume in 2021 will exceed that in 2019

Recently, Clarkson research services said that although major uncertainties still exist, it is expected that the global seaborne trade volume in 2021 will return to and exceed the level of 2019.

Thursday, March 11, 2021

At present, South Korean shipping enterprises have undertaken nearly half of the world's container ship orders

According to the data released by Clarkson, a British Shipbuilding and shipping dynamic analysis organization, on the 9th, the global new orders of container ships this year are 2446992 tons (66 vessels), of which the South Korean shipbuilding enterprises have...

Thursday, March 11, 2021

Nippon Steel to cut capacity by 20% by 2025

Nippon Steel Corporation, which is based in Japan, said that under its new five-year plan, it would reduce crude steel capacity by 20% by 2025, close its blast furnaces to cope with falling domestic demand and aim to help the country achieve its goal of net ze...

Thursday, March 11, 2021

Qingshan holding, a leading stainless steel company, will build a new steel plant in Africa

The world's top 500 company, Castle Peak Holdings Group, plans to build a new steel plant in Zimbabwe, Africa. The project is scheduled to start in May this year.

Thursday, March 11, 2021

Turkey's hot rolled coil exports fell 59.1% in January

According to the data provided by Turkish Institute of Statistics, in January this year, Turkey's total exports of hot rolled coil (HRC) decreased by 50.9% compared with December last year to 109640 tons, a year-on-year decrease of 59.1%.

Thursday, March 11, 2021

Merafe: demand for ferrochrome will recover in 2021

The coronavirus pandemic vaccine is expected to boost the demand for ferrochrome in 2021, said Merafe, GLENCORE's ferrochrome enterprise in South Africa.

Thursday, March 11, 2021