Regional quotations for pig iron increased significantly due to higher prices for steel scrap and limited supply....
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The current state of the market is ideal for the sale of rolled steel - IREPAS
IREPAS, the global long steel industry association, has an excellent outlook for the long steel market in the second quarter....
Global hydrogen demand to grow 7-fold by 2070 - PwC
Countries with strong renewable energy potential are becoming potential exporters of green hydrogen, while industrialized countries such as Germany...
World Steel Association predicts a good year for metallurgists
While there is hope that the worst part of the pandemic is over, significant uncertainty remains over the global economic recovery by the end of...
World Steel Association defines green steel and its variations
Worldsteel believes that the term “green steel” is inappropriate to define the environmental impact of the steel industry....
China unlikely to cut steel capacity in 2021 due to high steel prices
Rising steel production margins are spurring Chinese steel mills to increase steel production, offsetting government officials' efforts to cut...
Scrap metal market at the beginning of April
In the first months of 2021, there is an interesting trend in the choice of the vector for the development of the global metallurgy....
Rising Chinese Prices Fueled Rising Global Steel Prices - MEPS
Customers are back at the negotiating table, pushing for more orders....
Weakening demand will negatively affect quotations of steel raw materials
The first decade of March did not bring significant changes in prices for pig iron. The attempts of traders to raise prices were not supported by...
In March, the rise in prices for metallurgical products in all markets will increase - Ukrpromvneshexpertiza
The downward trend that began in January and lasted for more than a month and a half in the regional long-haul markets began to weaken and prices...
Spread between raw materials and high strength alloy steel in Europe increased in price
Hot rolled coil spot prices in Europe rose to an average of € 723.85 per tonne in February. Scrap prices are falling, while coking coal prices...
Increase in prices is forecasted in the markets of steel raw materials - Ukrpromvneshexpertiza
The second half of February did not bring any changes in the prices of pig iron in all regional markets. Exporters did not find points of contact...
Troy ounce of gold will drop $ 500 in two years - Fitch
Gold will continue to rise in price, but at the beginning of next year there will be a turning point and an ounce of precious metal will cost about...
Global iron ore production growth to outstrip cumulative production in India and Russia - Fitch
Fitch forecasts global iron ore production to grow at an average 2.4% in 2021-2025. compared with a negative 2% in the previous five years....
Fitch Ratings Warns of “Shocking Impact” on Fossil Fuel Exporters
International policy commitments to limit climate change by reducing greenhouse gas emissions, rapidly dropping the cost of renewable energy sources...
Raw material prices rise by about 10.5% in January 2021 - Deutsche Industriebank
The world has entered an era of total shortage of raw materials and components, which was caused by a disruption in logistics as a result of a...
JP Morgan Analysts Announce New Super Growth Cycle in Commodities
The commodity market has seen four such supercycles over the past 100 years, the last of which began in 1996 and peaked after 12 years of growth in...
S&P Global Platts predicts first drop in domestic steel demand in China in 5 years
A drop in demand may cause a revival of previously shutdown capacities producing cheap and low quality steel, launching a new round of...
Global steel price increases will be short-lived - Fitch Ratings
The restart of metallurgical capacities stopped during the pandemic and a drop in car production due to a shortage of chips create preconditions for...
Downward price trend begins in steel markets
The second decade of January brought a decrease in prices for pig iron at all regional sites. The cheaper scrap metal, ore on the spot market and...
British analysts note "bearish" sentiment in the global steel market
Bearish sentiment has become increasingly dominant in regional markets as the Lunar New Year celebrations draw near, marking the Chinese Year of the...
Gold demand drops below 4,000 tons for the first time since 2009 - World Gold Council
Consumer demand for gold in the world in 2020 fell below 4 thousand tons and was at the lowest level in the last 11 years, follows from the report of...
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...
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...
