Global insight

Russia boosts ferrous scrap export duty

Russia's government has increased the country's duty on ferrous scrap exports, effective from the end of this month.

Thursday, January 14, 2021

Posco raises January supplementary Mn purchase price

Posco on 16 December secured only about 1,000t of the material, while it planned purchase 5,244t for January delivery.

Thursday, January 14, 2021

Japanese coal burn likely to be at multi-year high

Exceptionally cold weather and low nuclear availability are likely to have lifted Japanese coal-fired generation to at least a four-year high in December.

Thursday, January 14, 2021

Turkish coal burn to remain firm in 1Q

Turkish coal-fired power output is likely to remain firm in the first quarter as coal units have extended their price advantage against gas-fired plants.

Thursday, January 14, 2021

US HRC: Prices move up on sales, offers

US hot-rolled coil (HRC) prices continued their upward march with mills securing higher sales and aiming for even higher levels.

Thursday, January 14, 2021

Beigang anchor ships continue to increase, coal follow-up market is still tight

Affected by a new round of cold wave, the increase of frozen coal and the obstruction of outward transportation of some epidemic areas, the number of unloading vehicles at the port has decreased, the inventory has continued to decline at a low level, and the s...

Wednesday, January 13, 2021

Market personage: give full play to the substitution of recycled iron and steel raw materials for iron ore

Market personage: give full play to the substitution of recycled iron and steel raw materials for iron ore

Wednesday, January 13, 2021

Malaysia's recovery of novel coronavirus pneumonia poses uncertainty for the steel market.

The Malaysian government has reintroduced stricter pandemic restrictions since January 13, which has brought uncertainty to the local steel industry.

Wednesday, January 13, 2021
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