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In November alone, production of finished steel reached over 1.82 million tonnes.

Hoa Phat Group has signed a contract to export 10,000 tonnes of steel wire in coil form to Europe.

However, the net debt to equity ratio of steel companies is still significantly better than in the 2010-2019 period.

US hot rolled coil (HRC) spot prices moved down as the market remained quiet due to the Christmas holiday.

Elevated production costs for Turkish producers amid low scrap availability and less slab purchasing options.

The domestic demand forecast was cautiously optimistic, according to market sources, led by stronger increased spending for the infrastructure market.

After the reorganization, Sinosteel will no longer be under the direct regulation of the SASAC.

By September this year, the number of iron and steel enterprises in the northern Chinese province had been slashed to 39 from 123 about 10 years ago.