Use of Vanadium in Indian Steel Industry: Time for India to transit from R&D stage to Production

Efforts should also be made to ensure stable supplies and prices, he said.

The China Iron and Steel Association's cornerstone plan will also further ensure domestic energy security.

Industry ramps up efforts for technological upgrades, intelligent and green manufacturing transformation.

In 2021, US imports of HRC totaled 3.4mnt, with CRC imports at 1.71mn t and HDG imports at 2.69mn t.

Nucor is spending $3bn to acquire CHI Overhead Doors from investment fund Kohlberg Kravis Roberts, the company said.

US hot rolled coil (HRC) prices took their largest fall today since the beginning of February as mills continued to lower prices and buyers pushed for steeper discounts.

The Argus 62pc index stood at $129.10/dmt on 17 May, down by 40pc on the year.