steel Archives - Gold Investor

DAILY STEEL SCRAP: Mills go slow in deep-sea markets

ltcadmin April 15, 2021

Turkish steel mills have extended their silence in the deep-sea scrap market due to limited finished long steel demand, especially in the domestic market, participants…

Tsingshan Holding Group to invest $1.57 bln in lithium-ion battery plant

ltcadmin April 7, 2021

China-based nickel and stainless steel producer Tsinghshan Holding Group will invest 10.3 billion yuan ($1.57 billion) to build a lithium-ion battery plant in the southern…

Liberty Steel resumes production at UK special steel plant

ltcadmin April 6, 2021

Liberty Steel has resumed production at its UK special steel plant in Rotherham, the steelmaker said on Tuesday April 6. Published on April 06, 2021…

JAPAN STEEL SCRAP: Vessel problems keep lid on fob prices

ltcadmin April 1, 2021

Sales of 3sp steel billet from Indonesia hit $630 per tonne cfr China this week, driven by strong long steel demand in the Chinese market.…

DAILY STEEL SCRAP: Collapse of Turkish lira leaves market quiet

ltcadmin March 24, 2021

Turkish steel mills remained absent from the deep-sea scrap import market on Wednesday March 24, due to the slump in the value of the lira…

Global crude steel output up 4% in February – Worldsteel

ltcadmin March 24, 2021

Total crude steel output across 64 major producer countries was 150.2 million tonnes in February 2021, down by 8% month on month but up by…

INTERVIEW: Navigating the Chinese steel tide requires fortitude, grit

ltcadmin March 16, 2021

The global steel industry has never been an easy one to navigate but now the onslaught of Chinese steel production has affected many steelmakers around…

CHINA STEEL SCRAP: Buyers quiet after surprise Tangshan checks

ltcadmin March 12, 2021

Chinese steel scrap buyers have been absent from the import market due to the muted sentiment after some serious environmental inspections at steel mills in…

BANGLADESH STEEL SCRAP: Prices slide despite high freight costs

ltcadmin March 12, 2021

New transactions concluded for containerized steel scrap cargoes sold to Bangladesh fetched lower prices over the past week, sources told Fastmarkets. Published on March 12,…

CHINA STEEL SCRAP: Possible price peak, futures plunge keep buyers away – sources

ltcadmin March 5, 2021

Plunging steel futures and physical prices in China kept buyers away from the import markets on Friday March 5, industry sources told Fastmarkets. Published on…

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