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Global insight

Russia may impose export tariffs on some steel products

Recently, the Russian Federation of National Housing Builders complained to Russian Deputy Prime Minister Husnulin that Russian metal prices soared and steel prices rose 40 percent within a month.

Friday, January 15, 2021

The EU has asked the WTO to make decision on restrictions on Indonesia's nickel exports

According to foreign media January 14 news: the European Union on Thursday asked the World Trade Organization (WTO) to set up a group on Indonesia's nickel export restrictions.

Friday, January 15, 2021

Assmang, South Africa declared Force Majeure on the Supply of Ferromanganese

A South African producer of manganese ore and alloys Assmang declared the production of medium-carbon ferromanganese alloys to be subject to force Majeure and to affect the long-term contract execution of the company.

Friday, January 15, 2021

Hoa Phat Group’s steel output surpasses 5 million tonnes for first time

The steel output of Hoa Phat Group, Vietnam’s leading steel producer, exceeded the 5-million-tonne benchmark for the first time in 2020.

Friday, January 15, 2021

Vietnam's building materials market forecast to be robust in 2021

There were increases in demand for building materials this year, Pham Van Bac, Director of the ministry’s Department of Building Materials said.

Friday, January 15, 2021

Japan's ferrous scrap exports slow in November

Japan's ferrous scrap exports in November slowed from a 2020 high in October as a surge in domestic scrap prices reduced supply available for export.

Friday, January 15, 2021

Overcome international environmental problems! Angang has turned waste into treasure of hot rolling sludge

On January 11, Anshan Iron and Steel Co., Ltd. reported that the scientific research achievements of "development and demonstration application of key technologies for online air flotation deoiling of hot-rolled sludge advection pool of steel enterprises" with...

Thursday, January 14, 2021

The contract value of MCC group will exceed one trillion yuan in 2020!

Recently, the report card of MCC's 2020 market has been published: from January to December, the newly signed contract amount of MCC was 1019.72 billion yuan, an increase of 29.4% over the same period of last year.

Thursday, January 14, 2021