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China will overtake the United States to become the world's largest economy in 2028

The COVID-19 pandemic and the corresponding economic consequences have tilted rivalry between countries in China's favor....

The shortage in the US steel market will last at least until the end of the first quarter of 2021

The average US metallurgical capacity utilization at the end of 2020 is 67.4 percent, up from 79.8 percent in the same period in 2019. There are...

Steel production in China to surpass one billion tons this year

It is now quite clear that by the end of 2020, the production of steel in China will be more than 1 billion tons. The market says it will grow even...

Iron ore prices hit seven-year high and continue to rise

The construction boom in China amid complicating relations with Australia, the country's largest supplier of iron ore raw materials, and a reduction...

Prices for metallurgical raw materials continue to rise in regional markets

Analysts of Ukrpromvneshekspertiza predict an increase in prices for pig iron and scrap metal, which will lead to a new increase in prices for...

The world market for rare earth metals will grow by 10.4% per year

China is the main producer and consumer of rare earths....

Fitch: metallurgists will return to their previous volumes by the end of 2022

Fitch Ratings forecast for 2020 - 745 million tons of steel, for 2021 - 815 million tons, and the level before the pandemic will be reached by...

European Union scrap collectors worried about possible export restrictions

The European Union may restrict the export of scrap metal as part of the ongoing revision of the rules for the transport of waste. Metallurgists are...

Occupational diseases of workers in the extractive industry: types and ways to minimize

The largest number of cases of occupational pathology is recorded among workers in underground iron ore mining, which is 9.4 times higher than among...

Eurofer expects recovery in EU steel demand

Apparent steel consumption in the EU fell (-25.5%) y /y in the second quarter of 2020 after falling (-12%) in the first quarter. This was the largest...

Hot rolled carbon steel demand will continue to grow by 4% pa until 2030

Key players on the hot-rolled carbon steel market: Nucor Corporation, ArcelorMittal, United States Steel Corporation, Baosteel Group, AK Steel...

Platts Steel Trade Review: China Will Decide Asia's Fate

Asia has experienced significant volatility in steel prices in recent winter seasons, driven by China's industrial policy....

Dolomite powder market to reach USD 33.44 billion by 2027

The explosive growth in the steel and steel industries is expected to expand business opportunities in the market during the forecast period....

Iron ore prices to surpass six-year high soon

Leading brokerage firms are racing to change their forecasts for the iron ore market after China continued to increase steel production and rolled...

World Oil Demand Peak May Be Over - BP

the global consumption of liquid hydrocarbons after the Covid-19 pandemic will recover to its previous level and “will remain generally at 100...

China expands car market capacity by increasing demand for steel and metals

Auto sales in China will continue to rise in September-October after rising 12% in August, improving the outlook for steel and metals prices....

Prices continue to rise in the long and flat steel markets

Analysts of Ukrpromvneshexpertiza predict in September that CIS suppliers will strive to continue raising prices for rolled products in the Black Sea...

Difference between ferrous and non-ferrous metal

Recyclability is a key advantage that neutralizes the difference between ferrous and non-ferrous metals....

The number of deals made in the regional scrap markets is growing

In the second week of August, prices for pig iron continued to rise in all regional markets. The positive trend became possible under the influence...

Steel begins to lose the battle with the aluminium due to the growing popularity of electric cars

the Average amount of aluminium used in electric cars, 30% higher than in vehicles with internal combustion engines....

Gold may reach a record high in 2011

air Max 2011 gold - 1921 per ounce. At Goldman Sachs believe that within 12 months the price of gold will reach 2000 dollars per ounce....

Steel prices in southern Europe are rising, despite weak demand

southern Europe is experiencing a downturn in steel demand, however, producers will have to raise prices to offset growing raw material costs....

Analysts expect strong demand growth for steel in China

At the same time, market participants are concerned about the growth of imports and domestic production, could put pressure on prices and margins of...

Global steel consumption in 2020 will be reduced by 6.4% - Worldsteel

the Largest drop in steel consumption will be observed in the advanced economies, which slightly offset the growth in steel demand in China....

American steelmakers are faced with an unexpected problem associated with the coronavirus

against the background of falling demand for steel and, consequently, steel prices in the United States sharply increased the prices of raw materials....

Relying on the incentives, Chinese steelmakers increase production

weekly output of finished products was the highest over the last four months....

The rapid recovery of the steel market in China leads to a drop in iron ore prices

Contradictory situation in the commodities market, "China" develops as a result of the redirection of ore supply from the US, EU and Japan to China...

Platts: steel Market of China will not be able to recover until the second half of the year

Vspyshka coronavirus struck the main consumer of steel in China's construction industry so much that no announced incentives will not be able to...

Express analysis of the steel market in the new economic environment: companies prepare for a protracted crisis

Closures accompanied by a price collapse. If the situation does not soon improve, the process of production cuts will continue in the second half of...

American steel industry is going through difficult viral crisis

following the script of the escalation of the coronavirus group, the leading steel industry of the United States urged Congress to include a...

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