Steel trade, import & export news.

Kazakhstan: temporary ban on export of ferrous scrap by railroad ...
kazakhstan scrap trade
Mon, 15 Jul 2024 00:00:00 GMT
Kazakhstan is planning on temporary banning the export of ferrous scrap by railroad, the press service of the Ministry of Industry and Construction has said. The corresponding draft normative legal act has been made public. The world practice shows the use of secondary metals as raw materials is a strategic area given their environmental


Iron ore rebounds ahead of key China meeting
iron ore market singapore
Fri, 12 Jul 2024 00:00:00 GMT
Iron ore futures prices rebounded on Thursday amid mounting speculation that top consumer China will announce more stimulus in its third plenum after disappointing June inflation data. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) recouped early losses, ending daytimetrade 0.8% higher at 828 yuan ($113.9) ametric ton. The benchmark August iron ore SZZFQ4 on the Singapore Exchange rose 2.5%to $107.9 a ton, as of 0711 GMT. It hit an intraday high at


China accelerates green steel shift as EU levies loom, researchers ...
china ghg production scrap
Thu, 11 Jul 2024 00:00:00 GMT
China approved no new coal-based steel projects in the first half of 2024, researchers said on Thursday, accelerating its shift towards green production as it prepares for the impact of a new carbon levy on exports to Europe. Local governments approved 7.1 million metric tons of new steelmaking capacity from January to June, but all of it was for cleaner scrap-based electric arc furnace (EAF) projects, rather than coal-intensive blast furnaces, said the Centre for Research on Energy and


Ukraine: Interpipe ships railroad wheels via Chornomorsk port
interpipe market ukraine
Mon, 08 Jul 2024 09:19:37 GMT
The opening of the marine corridor has allowed Interpipe setting its exports logistics to far markets not only via ports of neighboring countries, but directly from the Greater Odesa. According to the railroad product division director Olexander Garkaviy, with the launch of the Russian full-scale war, the company was unable to ship its products


India's coal import rises 5 pc to 52 MT in April-May
coal india sail trade
Mon, 08 Jul 2024 00:00:00 GMT
India is set to trial coking coal imports from Mongolia later this month, aiming to reduce its reliance on Australian supplies. Major steel producers like JSW Steel and SAIL will receive initial shipments, exploring alternative routes beyond Chinese ports. This strategic move addresses volatile supply issues and diversifies sources amid geopolitical tensions with


Blastr Green Steel strengthens strategic partnerships and raises ...
germany ghg metals
Thu, 27 Jun 2024 00:00:00 GMT
Global steel industry leader Cargill Metals, Germany-based steel trader INTERFER Group, Tesi, Finlands state-owned venture


Decarbonisation needs wholesale change, project realisation questionable: ...
europe ghg steel trade
Wed, 26 Jun 2024 00:00:00 GMT
CBAM and ETS are important to support low-emission steelmaking in Europe, but access to low-cost...


POSCO INTERNATIONAL Breaks Ground for Traction Motor Core Plant ...
korea posco
Wed, 19 Jun 2024 00:00:00 GMT
POSCO INTERNATIONAL Breaks Ground for Traction Motor Core Plant in Poland to Eliminate Trade Barrier Risks


China Metallurgical Association criticizes US tariff hike
steel trade usa
Tue, 18 Jun 2024 22:52:02 GMT
The non-market behavior of the United States has distorted the global steel trade order..., CISA said....


Italy tubemakers increase prices, in line with HRC
italy market tube
Mon, 17 Jun 2024 00:00:00 GMT
As a result of Europes safeguard quota revision, all Italian welded tube re-rollers are raising...


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