According to Turkish Steel Exporters’ Union (CIB), Turkey’s steel exports decreased by 10.3% year on year to 9.5 million tons during the first seven months.

It is reported that the Australian Anti-Dumping Commission (ADC) has announced that the anti-dumping investigation against galvanized steel from Vietnam was terminated.

The Shaanxi provincial government has called for companies to reduce overcapacity by the endof this year.

According to data released by the China Iron & Steel Association (CISA), the crude steel production of the major steelmakers in China totaled 68.94 million tons in June, decreasing by 0.8% compared from the same time a year earlier.

Recently, the POSCO Chairman and Chief Executive Officer Quan Wujun (Kwon Oh Joon) said that its India Orissa steel project no progress was made, therefore, will be temporarily stopped.

Japan imported 10.47 million tons of iron ore in June, a decrease of 2.7% compared to the same month of last year, according to statistics released by Japan’s Ministry of Finance.

Tokyo Steel, one of the major H beam manufacturers in Japan, has announced its combined sales revenue during April to June was ￥37.41 billion, reducing by 15.6% year on year.

According to statistics, UK’s iron ore imports during the first five months reached 4.672 million tons, down by 3.3% or 158,000 tons on the prior comparable period.