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New cars and truck enrollments in EU down 13.7 percent in January-May

In May this year, new automobile enrollments in the EU dropped by 11.2 percent to 791,546 devices, constituting the 11th successive month of decline, according to the European association of auto manufacturers, ACEA. In the given month, all...


Brazilian cord pole exports increase in May

Brazil exported 45,300 mt steel coil storehouse of cord rod in Might, versus 39,300 mt in April, according to regional customs.The exports in Might were predestined chiefly to the US (24,700 mt at $1,181/ mt), to the Dominican Republic (8,00...


Euro area industrial output up 0.4 percent in April from March

In April this year, seasonally-adjusted commercial production enhanced by 0.4 percent in the euro location and also china sus 430 stainless steel coil priceby 0.3 percent in the EU-27, as compared with March 2022. Industrial production in Ma...


Kobe Steel to provide very first 100% hydrogen DRI plant in Sweden

With some 2.1 million tonnes/year capacity of DRI/HBI (warm briquetted iron), the brand-new plant will be developed in Boden in northern Sweden as well as will utilize just green electrical power to generate hydrogen by electrolysis as the l...


CCIA members require even more production cuts in the middle of losses

This agreement was made at a digital conference held by CCIA yesterday early morning. During the meeting, coke-making participants discussed the problems they were encountering, distinguishing persistent losses, and called for the entire mar...


Anshan steel market sees restricted influence from COVID lockdown

Over October 7-12, Anshan reported a total amount of 14 locally-transmitted validated cases and 73 regional asymptomatic cases, according to the data launched by Wellness Commission of Liaoning province. Subsequently, Anshan's city federal g...


Japan's Sept ship orders down 44% YoY, but only short-lived

However, a JSEA official believed the decrease was just momentary since demand for eco-friendly vessels has actually been growing, though sales settlements have to have prolonged over the rise in material prices including steel. Japan's new...


CCMA: China's excavator sales increase 5.5% YoY in Sept .

The CCMA study among the nation's 26 major excavator producers showed that their residential sales last month completed 10,520 devices, visiting 24.5% on year yet obtaining 13.7% on month. The on-month surge for domestic sales in September w...


INFOGRAPH: Tangshan billet losses broaden dramatically on week

Over October 6-12, the expense for generating billet sustained by the 10 incorporated mills in Tangshan under Mysteel's monitoring averaged Yuan 3,848/ t ($ 535.1/ t) consisting of the 13% BARREL, up Yuan 67/t from the previous week. Meanwhi...


India: Silico manganese is boosting demand for manganese alloys

According to SteelMint's assessment, Raipur-based manufacturers supplied material at around INR 73,000/ t exw, up INR 700/t w-o-w, while costs in Durgapur went to INR 72,000/ t exw, up INR 600/t w-o-w. At the same time, manufacturers' quotes...