Ferrosilicon Daily Express 12.5

  • Friday, December 06, 2019
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018, it added.

 [Ferro-Alloys.com]  India's steel demand will slow down on account of weak auto and manufacturing order, but will remain strongest in Asia, Moody's Investors Service said.

India will remain the world's second-largest steel producer behind China after having overtaken Japan in 2018, it added.

Vietnam's consumption of steel products, especially colour-coated steel, declined in October while production continued to rise, according to the Vietnam Steel Association (VSA).

Vale plans to produce 49 million tonnes of iron ore pellet in 2020 by gradually restarting idled capacity throughout next year, the company's ferrous and coal director, Marcelo Spinelli, said this week.

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  • [Editor:kangmingfei]

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