Industrial News
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India extends the counteraction of China’s hot-rolled and cold-rolled stainless steel plates to take effect
On September 30, 2021, the Taxation Bureau of the Ministry of Finance of India announced that the deadline for the suspension of countervailing duties on Chinese Hot Rolled and Cold Rolled Stainless Steel Flat Products (Certain Hot Rolled and Cold Rolled Stainless Steel Flat Products) will be cha...Read more -
The national carbon market trading rules will continue to be refined
On October 15th, at the 2021 Carbon Trading and ESG Investment Development Summit hosted by the China Financial Frontier Forum (CF China), the emergencies indicated that the carbon market should be actively used to achieve the goal of “double”, and continuous exploration, Improve the national car...Read more -
Shenzhou 13 lifts off! Wu Xichun: Iron Man is proud
For a long time, a number of excellent steel production enterprises in China have devoted themselves to the production of materials for aerospace use. For example, over the years, HBIS has assisted manned spaceflight, lunar exploration projects, and satellite launches. The “Aerospace Xenon&...Read more -
IMF downgrades forecast for global economic growth in 2021
On October 12, the International Monetary Fund (IMF) released the latest issue of the World Economic Outlook Report (hereinafter referred to as the “Report”). The IMF pointed out in the “Report” that the economic growth rate for the whole year of 2021 is expected to be 5.9...Read more -
In the first half of 2021, global stainless steel crude steel production increased by about 24.9% year-on-year
Statistics released by the International Stainless Steel Forum (ISSF) on October 7 show that in the first half of 2021, global stainless steel crude steel production increased by approximately 24.9% year-on-year to 29.026 million tons. In terms of several regions, the output of all regions has in...Read more -
World Steel Association announced the finalists for the 12th “Steelie” Award
On September 27, the World Steel Association announced the list of finalists for the 12th “Steelie” Award. The “Steelie” award aims to commend member companies that have made outstanding contributions to the steel industry and have had an important impact on the steel indu...Read more -
Tata Steel becomes the world’s first steel company to sign the Maritime Cargo Charter
On September 27, Tata Steel officially announced that in order to reduce the company’s “Scope 3” emissions (value chain emissions) generated by the company’s ocean trade, it has successfully joined the Maritime Cargo Charter Association (SCC) on September 3 , Becoming the first steel company in t...Read more -
The U.S. makes the fifth anti-dumping sunset review final ruling on carbon steel butt-welded pipe fittings
On September 17, 2021, the U.S. Department of Commerce issued an announcement stating that the fifth anti-dumping final review of carbon steel butt-welded pipe fittings (CarbonSteelButt-WeldPipeFittings) imported from China, Taiwan, Brazil, Japan and Thailand will be finalized. If the crime is ca...Read more -
Government and enterprises join hands to ensure coal supply and stable prices are at the right time
It is learned from the industry that relevant departments of the National Development and Reform Commission have recently convened a number of large coal and power companies to study the coal supply situation this winter and next spring and work related to ensuring supply and price stability. The...Read more -
South Africa makes a ruling on the safeguard measures for imported angle profile products and decides to terminate the investigation
On September 17, 2021, the South African International Trade Management Commission (on behalf of the Southern African Customs Union-SACU, the member states of South Africa, Botswana, Lesotho, Swaziland and Namibia) issued an announcement and made a final ruling on the safeguard measures for angle...Read more -
India’s largest iron ore producer cuts ore prices for 3 consecutive months
Affected by the international steel price survey, India’s largest iron ore producer-National Minerals Corporation of India (NMDC) produced iron mobile phone prices for three consecutive months. It is rumored that it has set its domestic ferroelectric price to NMDC 1,000 rupees/ton (approximately ...Read more -
Coal prices continue to rise, and downstream smelting companies are under pressure
Under the influence of production restriction policies and boosting demand, the coal futures “three brothers” coking coal, thermal coal, and coke futures all set new highs. “Big coal users” represented by coal power generation and smelting have high costs and cannot. Accor...Read more -
FMG achieves the best performance in history in fiscal year 2020~2021
FMG released its financial performance report for the fiscal year 2020-2021 (June 30, 2020-July 1, 2021). According to the report, FMG’s performance in the 2020-2021 fiscal year reached a record high, achieving sales of 181.1 million tons, a year-on-year increase of 2%; sales reached US$22.3 bill...Read more -
Huanghua port imported Thai iron ore for the first time
On August 30, 8,198 tons of imported iron ore was cleared at Huanghua Port. This is the first time that Huanghua Port has imported Thai iron ore since the opening of the port, and a new member has been added to the source country of iron ore imports at Huanghua Port. The picture shows the customs...Read more -
The U.S. initiates a double anti-sunset review of hot-rolled steel plate investigations
On September 1, 2021, the U.S. Department of Commerce issued an announcement to initiate an anti-dumping sunset review investigation on hot-rolled steel plates (hot-rolled steel products) imported from Australia, Brazil, Japan, South Korea, the Netherlands, the Netherlands, Turkey, and the United...Read more -
General Administration of Customs: China exported 5.053 million tons of steel products in August, a year-on-year increase of 37.3%
According to the General Administration of Customs on September 7, 2021, on September 7, 2021, China exported 505.3 tons of goods in August 2021, a statistical increase of 37.3% and a month-on-month decrease of 10.9%; the cumulative export of steel products from January to August was 4810.4 tons....Read more -
The EU launches the CORALIS demonstration project
Recently, the term Industrial Symbiosis has received widespread attention from all walks of life. Industrial symbiosis is a form of industrial organization in which waste generated in one production process can be used as raw material for another production process, so as to achieve the most effi...Read more -
Tata Steel releases the first batch of performance reports for the 2021-2022 fiscal year EBITDA increased to 161.85 billion rupees
News from this newspaper On August 12, Tata Steel released a group performance report for the first quarter of the 2021-2022 fiscal year (April 2021 to June 2021). According to the report, in the first quarter of fiscal year 2021-2022, Tata Steel Group’s consolidated EBITDA (earnings before...Read more -
From the perspective of five dimensions, it is necessary for the steel industry to increase its concentration
Ensuring the increase in the concentration of the steel industry, the optimization of attracting production capacity and the control of output, the investment to increase the pricing power of raw materials, the sharing of research resources from sources, the sharing of pillar customers and channe...Read more -
World Steel Association: July global crude steel production increased by 3.3% year-on-year to 162 million tons
World Steel Association statistics show that in July 2021, the total crude steel output of 64 countries and regions included in the organization’s statistics was 161.7 million tons, a year-on-year increase of 3.3%. Crude steel production by region In July 2021, crude steel production in Afr...Read more -
Actively deploy new energy related fields
Iron ore giants unanimously actively carried out research in new energy-related fields and made asset allocation adjustments to meet the low-carbon development needs of the steel industry. FMG has focused its low-carbon transition on the replacement of new energy sources. In order to achieve the ...Read more
