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Korean Steelmakers Hit by Double Whammy — Demand Cliff and Cost Surge

[Ferro-Alloys.com] The Korean steel industry is suffering from a double whammy — a steep rise in costs and a demand cliff following the spread of COVID-19. Although price hikes are urgently needed in view of worsening profitability amid rising production cost...

Wednesday, July 1, 2020

Ferrosilicon futures report (07/01/2020)

The 2009 ferrosilicon contract price on ZCE closed at 5944 yuan per ton on July 1.

Wednesday, July 1, 2020

Ferrosilicon Daily Express 7.1

China's steel sector purchasing managers' index (PMI) decreased by 1.6 points from May to 49.3 in June.

Wednesday, July 1, 2020

US Steel Imports Down 19% Year-to-Date Through May

American Iron and Steel Institute (AISI) reported today that the U.S. imported a total of 1,792,000 net tons (NT) of steel in May 2020.

Wednesday, July 1, 2020

China’s coking coal imports fall in May

China imported 4.76mn t of coking coal in May, down by 23pc from 6.21mn t in April and down by 19pc from a year earlier.

Wednesday, July 1, 2020

European Commission Changes EU Steel Import Quotas System

The European Commission has published the result of its second investigation reviewing the safeguard measures put in place by the European Union on imports of steel products.

Wednesday, July 1, 2020

AISI Welcomes New Chairman of the Board

The American Iron and Steel Institute’s (AISI) Board of Directors formally elected John Brett.

Wednesday, July 1, 2020

Japan's manufacturing seen rebounding from Covid-19 low

China imported 4.76mn t of coking coal in May, down by 23pc from 6.21mn t in April and down by 19pc from a year earlier.

Wednesday, July 1, 2020
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