India said on Monday it will temporarily withdraw duties on some steel products imposed to stop dumping mainly from China, after a spike in domestic prices hit job-creating small and mid-sized manufacturing companies.

The American Iron and Steel Association (AISI) compiled a report based on preliminary data released by the US Census Bureau that the imports of steel in December were 1.494 million short tons (1.3553 million tons), an increase of 9% from a month earlier.

According to the American Iron and Steel Association (AISI), the last week of January (as of 30 January 2021), the US crude steel production is estimated at 1.725 million short tons (1.5649 million tons), down 9.5% from 1.906 million tons in the same period la...

The Argus weekly domestic US HRC index was flat at $1,200/st ex-works Midwest last week. Lead times fell to 7-8 weeks from 8-9 weeks.

Weak Polish thermal coal imports early in 2021 could tighten availability of fine grades, which until recently were oversupplied in the country.

Russian integrated steel producers NLMK, Severstal and MMK increased raw material production in 2020.

According to preliminary data released by the U.S. Census Bureau, U.S. steel imports fell 21.2%t to 22.019 million tons in 2020 from a year earlier.

The state-owned assets supervision and Administration Commission of Yunnan Province plans to transfer its 90% equity of Kunming Iron and Steel Co., Ltd. to China Baowu for free.