Complete range of steel, different sizes can be customized, the price can be negotiated for large quantities.

WEEKLY: Japan's H2 scrap prices rise ahead of holidays

On September 16, mini-mills in the Kanto area around Tokyo paid Yen 51,000-52,000/ tonne ($ 356-363/ t) to collect H2 quality scrap, up Yen 3,000/ t on week. The rate had actually been over Yen 50,000/ t for the very first time since late Ju...


Russian steel mills stare at 15 mnt capacity under-utilization

Factors influencing lower capacity exercise Autumn in residential steel intake: The overall decrease in residential usage is to be blamed for this "under-loading", Ukrainian working as a consultant firm GMK Facility reported. Oleksiy Mordash...


Typhoon hits Japan's Kyushu, halts some steel production

According to Japan Meteorological Firm, Nanmadol had a maximum wind rate of over 50 meters/second. As well as it triggered power failure across 120,000 homes on the island by Tuesday morning, according to Kyushu Electric Power Transmission a...


Japan's domestic carbon steel sales dip for 11th month in July

Japan's July domestic carbon steel sales were likewise down 0.7% on month, as well as the complete volume over January-July estimated 21.34 million tonnes, down 5.3% on year, the JISF information showed. The JISF official shared that he list...


Taiwan Feng Hsin cuts rebar list prices by $16/t

With the most up to date modification, the mini-mill is offering its 13mm dia rebar at TWD 20,400/ t EXW in organization conversations till this Friday, while its acquiring rate for regional HMS 1& 2 80:20 scrap keeps steady at TWD 10,600/ t...


Taiwan CSC's Aug pre-tax profits slump 87% on month

The sharp fall in CSC's pre-tax revenues was mostly blamed on reducing gross profits from carbon steel sales and also the persistent inadequate performance of demand amongst customers. This had convinced the integrated steel mill to constant...


Gangya metal: Recovery seen in global iron ore output in H2

Throughout the first 6 months of this year, production of iron ore globally decreased by 2.7% from H1 in 2014 to 1.188 billion tonnes, according to Mysteel's stats. A lot of the world's significant iron ore-producing nations encountered dist...


USA: Ferrous scrap exports drop 25%, m-o-m, in July

Likewise, on y-o-y basis, exports decreased by 11% from 1.38 mnt in July 2021, as per customs data. Country-wise breakup Exports to Bangladesh increase: Bangladesh imported 232,181 t in July against 218,362 t in June, up 6% m-o-m. The imp...


Higher costs keep adding to China EAF makers' losses

As an example, as of September 15, the ordinary manufacturing cost of producing rebar amongst the 40 independent EAF mills under Mysteel's study had increased by Yuan 22/tonne ($ 3.1/ t) on week to hover high at Yuan 4,252/ t. In the exact s...


CISA: Chinese steel prices to stay rangebound

Although numerous unpredictabilities exist, the residential economy is anticipated to recuperate progressively as the government continues to implement a collection of procedures to improve financial development, CISA believed. When it comes...