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Rising prices of scrap in East Asia

American bulk scrap prices have risen sharply in the East Asian market, consistent with rising and bullish sentiment in the international market.

Wednesday, February 24, 2021

Valin Steel: Be cautious and optimistic about downstream demand this year

Valin Steel said the company as a whole to 2021 steel downstream demand remains cautious optimism. From the downstream industry, the industrial field, manufacturing, construction machinery, automotive appliances, steel structure demand continues the fourth qua...

Wednesday, February 24, 2021

Ding Liguo, chairman of Xintian Steel Group: Environmental protection is the biggest challenge this year

On February 23, 2021, the Abli Social Responsibility Forum was held in Beijing. Ding Liguo, chairman of Delong Group and Xintian Steel Group, attended and delivered a speech.

Wednesday, February 24, 2021

European Parliament ENVI committee vote on Carbon Border Adjustment Mechanism would puncture carbon leakage protection

On 5 February the European Parliament’s environment committee (ENVI) voted on the Carbon Border Adjustment Mechanism (CBAM) with 58 votes for, 8 against and 10 abstentions.

Wednesday, February 24, 2021

2020 Brazilian steel industry situation

Economic Value News of Brazil reported on February 22, according to figures released by the Brazilian Steel Industry Association (IABR) on Monday, Brazilian steel production in 2020 was 30.97 million tons, down 4.9% from a year earlier.

Wednesday, February 24, 2021

India speeds up the development of mines in Orissa to ease iron ore shortages

Two new iron mines have been put into production in the Indian state of Orissa to help ease the country's iron ore shortage.

Wednesday, February 24, 2021

Iron ore imports hit record in 2020

The amount exceeded the previous record of 1.08 billion tons in 2017, said the General Administration of Customs.

Wednesday, February 24, 2021

Brazil's Vale bullish on conditions in China

"China has been the largest market for Vale since 2006 and has become more and more important to Vale in recent years," Xie said.

Wednesday, February 24, 2021
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