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Relevant News

Japanese Mitsui will not support Hawson iron ore project

Japanese trading house Mitsui will not extend the option to provide $60mn in funding for the 10mn t/yr Hawson iron ore project.

Tuesday, December 29, 2020

U.S.January-November steel imports quantum fell 22.1% from a year earlier

The American Iron and Steel Association (AISI) reported Thursday that the United States imported 1.37 million net tons of steel in November, including 1.181 million net tons of finished steel, down 9.2% and 5.5% respectively from October's final data, accordin...

Friday, December 25, 2020

AISI: US Steel Imports Down 22.1% Year-to-Date Through November

U.S. imported a total of 1,370,000 net tons (NT) of steel in November 2020.

Friday, December 25, 2020

AISI: US Raw Steel Production sown 10.8% YoY in the week ending on December 19, 2020

In the week ending on December 19, 2020, US domestic raw steel production was 1,619,000 net tons while the capability utilization rate was 73.2 percent.

Friday, December 25, 2020

worldsteel: Accelerating decarbonisation in steel industry

Commitments to decarbonise the global economy are gaining momentum.

Friday, December 25, 2020

Crude Steel Production down slightly YoY in Hebei, China in November, 2020

Crude Steel Production down slightly YoY in Hebei, China in November, 2020.

Friday, December 25, 2020

China Railway ore prices are expected to remain above $100 per tonne by 2021

According to the quarterly outlook report of the Australian Department of Industrial Innovation and Science, Australia's iron ore export revenue is expected to peak at A $123 billion by 2020-21. Iron ore prices are expected to remain strong over the next six m...

Wednesday, December 23, 2020

METI: Japan's steel production hit a 52-year low in fiscal year 2020/21

Forecast of Ministry of Economy and Industry (Meti) of Japan, Japan's crude steel production is expected to be 82.5 million tons in the fiscal year from April 2020 to March 2021, down 16% from a year earlier, the 52-year low since fiscal year 1968/69.

Wednesday, December 23, 2020