Integrated network data, according to the information released by the All - Union metallurgical chamber, the proportion of private iron and steel enterprises in the national crude steel output continued to increase, from 62% in 2019 to 63.21%, the total output...

Reuters news agency in Tokyo on February 5, Japan’s biggest steelmaker, Nippon Steel, cut its annual net loss estimate for the fiscal year’s net loss by nearly 30% on Friday as rising export prices and recovery in demand from car makers and other manufacture...

Recently, CITIC Special Steel (CITIC Pacific Special Steel Group Co., Ltd.) issued 2020 performance report.

"[Rail operator] Transnet Freight Rail (TFR) is cancelling many trains," said one supplier.

Brazilian mining firm Vale said it expects to achieve iron ore production capacity of 350mn t/yr this year, up by 8.7pc from a year earlier.

The company plans to produce up to 160000 tons of new products from the second half of 2022.

According to the Wuhan Shipping Exchange, the ships overstocking in some ports continued this week.

The increase took overall shipments for the last year to 407mn, slightly higher than a government-set target for the year of 400mn t.