Data regarding traders’ steel inventories since March 19 2020 to better represent the market with bigger sample sizes: Rebar and…
Apr 07
Apr 07
The fall in Chinese steel traders’ stocks slows
Total stocks of the five products comprising rebar, wire rod, hot-rolled coil, cold-rolled coil and medium plate declined by 185,300…
Apr 07
EU: Steel import continues to slow down in Q1 on unused quotas
n the coated segment, there was strong demand for plates from India (97% of category 4A), South Korea (93% of…
Apr 07
Shandong independent refinery lifts crude storage rate
Shandong independent refineries’ crude oil storage rate was at 49.28% by April 6, up 0.43 percentage points from last week,…
Apr 07
WEEKLY: China mills’ steel stocks slip for 7th week
he five major steel items comprise rebar, wire rod, hot-rolled coil, cold-rolled coil and medium plate. The further on-week decrease…
Apr 07
India: Steel, raw material prices move in narrow range in March
Morning Brief: Steel and raw material-related prices were a mixed bag in March, continuing with the trend seen in February,…
Apr 07
Tesla cuts prices and launches new models
According to Tesla’s official website on April 7th, Tesla has reduced the starting price of the Long Range and High…
Apr 07
Copper prices expected to further rise in short term
After the continuous rise of copper prices in the second half of March and the global banking crisis, market participants…
Apr 07
Malaysian government levies anti-dumping duties on cold-rolled stainless steel from China
The Malaysian government has decided to impose provisional anti-dumping duties ranging from 7.27% to 111.61% on cold-rolled stainless steel (CRSS)…
Apr 07
WEEKLY: China’s BF capacity use hovers high at 91.2%
Over the survey period, these 247 mills’ daily hot metal output grew accordingly by another 17,200 tonnes/day on week to…
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