Industrial News
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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 -
Changes in supply and demand promote the rise of coal coke, beware of turning points
Changes in supply and demand promote a surge in coal coke On August 19, the trend of black products diverged. Iron ore fell by more than 7%, rebar fell by more than 3%, and coking coal and coke rose by more than 3%. Interviewees believe that the current coal mine starts to recover less than expec...Read more -
Steady start in the second half of the year the potential for stable economic growth throughout the year is sufficient
From the perspective of supply and demand, in terms of production, in July, the added value of industrial enterprises above designated size nationwide increased by 6.4% year-on-year, a decrease of 1.9 percentage points from June, which was higher than the growth rate of the same period in 2019 an...Read more -
The national carbon market will be “full moon”, volume and price stability and activity still to be improved
The National Carbon Emissions Trading Market (hereinafter referred to as the “National Carbon Market”) has been on the line for trading on July 16 and it has been nearly “full moon”. On the whole, transaction prices have been steadily rising, and the market has been operat...Read more -
European routes have risen again, and export container freight rates have reached a new high
According to the data of Shanghai Shipping Exchange, on August 2, the freight rate index of Shanghai export container settlement reached a new high, indicating that the alarm of freight rate rise has not been lifted. According to the data, the Shanghai export container settlement freight rate ind...Read more -
When steel companies are cutting production
Since July, the “look back” inspection work of steel capacity reduction in various regions has gradually entered the implementation stage. “Recently, many steel mills have received notices requesting reductions in production.” Mr. Guo said. He provided a reporter from the ...Read more -
Can the steel market rebound last?
At present, the main reason for the rebound of the domestic steel market is the news that the output is reduced again from various places, but we must also see what is the essential reason behind the inducement? The author will analyze from the following three aspects. First, from the perspective...Read more -
The development quality and comprehensive competitiveness assessment of iron and steel enterprises (2020) released 15 steel enterprises with assessment values reaching A+
On the morning of December 21, the Metallurgical Industry Planning and Research Institute released the “Development Quality and Comprehensive Competitiveness Assessment of Iron and Steel Enterprises (2020)”.The development quality and comprehensive competitiveness of 15 enterprises, i...Read more -
World Steel Association: January 2020 crude steel production Up By 2.1%
World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 154.4 million tonnes (Mt) in January 2020, a 2.1% increase compared to January 2019. China’s crude steel production for January 2020 was 84.3 Mt, an increase of 7.2% compared to January 201...Read more -
Development Scale and Market Share Analysis of China’s Steel Tower Industry
With the rapid growth of the national economy and the continuous improvement of people’s living standards, the demand of electricity for production and living has increased greatly. The construction and transformation of power supply and power grid have increased the demand for iron tower p...Read more
