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Russian plan for exchange scrap metal trading halted by coronavirus

Russian plan for exchange scrap metal trading halted by coronavirus.

Tuesday, June 2, 2020

GM to ramp up US, Canadian auto assembly plants June 1: company

GM to ramp up US, Canadian auto assembly plants June 1: company.

Tuesday, June 2, 2020

TISCO to step up spending on R&D, technology innovation

Gao Xiangming, chairman of TISCO, said the company's R&D expenses account for about 5 percent of its annual sales revenue.

Tuesday, June 2, 2020

China's weekly coastal bulk freight index down 1.6%

The composite index for coastal bulk freight edged down 1.6 percent week on week to 1,055.6, the SSE said.

Tuesday, June 2, 2020

China's manufacturing strength could attract more steel exports: traders

China's two leading manufacturing purchasing managers' indices, or PMIs, were both in growth territory in May.

Tuesday, June 2, 2020

EU HRC quota now quarterly, country-by-country

The European Union has transitioned its hot-rolled coil quota to a country-by-country and quarterly basis.

Monday, June 1, 2020

US economic recovery expected to take 2 years

US gross domestic product (GDP) will not reach its pre-pandemic levels until well into 2022 following a sharp contraction this year, economists with major US banks said.

Monday, June 1, 2020

Tight supply accelerates Tokyo Steel scrap price hikes

A widening gap between export and domestic prices fuelled the increases.

Monday, June 1, 2020
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