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On June 7, the World Steel Association (WSA) released the World Steel Statistics 2022, which introduces the overall development of the steel industry through major indicators such as steel output, steel apparent consumption, global steel trade volume, production and trade volume. We recently ... Read More
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The world Iron and Steel Association (WSA) released the world's top 113 crude steel production in 2021 in its Annual Global Steel Total yearbook released on June 7. Data show that among the world's top 50 steel producers, 27 Chinese steel companies are in the list, with Baowu Iron and Steel Group ... Read More
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Russian state-owned Tyazhpromexport(TPE) and Myanmar Economic Company (MEC) will jointly operate the Second Steel Mill (Pinpet) in 2023. Located in Pinpet district of Dongzhi, Shan State, the plant previously operated steel projects and was also jointly built by Russia's TPE and MEC in 2016. When ... Read More
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Russian exports by sanctions The European market is in short supply Relevant statistics show that at the end of march, the European rebar prices soared to 1140 euros/ton, a 150% growth at the end of 2019.Hot rolled coil plate prices also hit an all-time high of 1400 euros/ton.Foreign media reports, ... Read More
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On May 22, the Indian government in view of the steel raw materials and products import and export tariff policy.It is reported that the Indian government adjustment tariff is mainly to control the domestic commodity prices, lower import taxes, raise export taxes.According to the policy, the ... Read More
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In March, the price of iron ore and coke fell, while the price of other raw materials rose and fell. Generally speaking, the price of raw materials fell from the high level, and the steelmaking cost of enterprises decreased.The purchasing price index was 56.3 percent, down 7.4 percentage points ... Read More
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In March, under the requirements of the "carbon peak" and "carbon neutral" target, the environmental protection limit production policy has been tightened again, bringing certain restrictions to steel production.The production index was 51.3 per cent, down 3.4 percentage points from the previous ... Read More
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From January to November, China imported 1.073 billion tons of iron ore, up 10.9% year on year, exceeding 1 billion tons for the fifth consecutive year.Imports amounted to US $107.2 billion, up 16.2% year on year.The average import price for iron ore is about $100 a tonne. At 11:00 a.m. on December ... Read More
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From January to October, China produced 874 million tons of crude steel, up 5.5% year on year.The average daily crude steel output reached 2.865 million tons, and the annualized crude steel output reached 1.04 billion tons.It is expected that in 2020, China's annual crude steel output will exceed 1 ... Read More
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In 2020, the COVID-19 epidemic broke out rapidly and continued to ferment, which had an unprecedented severe impact on the production and operation of the global steel industry.On October 15, the World Iron and Steel Association forecast that global steel demand will shrink by -2.4 percent to 1.725... Read More
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