China is about to see the arrival of its first ferrous scrap shipment after these imports were allowed from 1 January 2021, Kallanish notes. Read more at First Chinese scrap import…
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Asia
Rizhao Steel produces first coil on fifth Arvedi ESP line from Primetals Technologies
In late November 2020, the fifth Arvedi ESP (Endless Strip Production) plant supplied by Primetals Technologies produced the first coil at the Chinese steel producer Rizhao Steel Co., Ltd. (Rizhao…
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Next generation of Paul Wurth stamp charging coke oven technology successful in China
Paul Wurth proudly announces that the company has been awarded recent orders for engineering services, the supply of coke oven machines as well as of SOPRECO® valves to be implemented at…
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China ends 2020 with stronger steel exports
Chinese finished steel exports continued to tick higher in December, while imports dwindled further, preliminary Customs data show. 2020 saw China’s steel trade surplus shrink sharply, but 2021 could see…
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Chinese wire rod exports diverge from domestic market
China’s wire rod export market and its domestic market are gradually diverging, and weaker domestic market prices have not affected the firmness of export offers, Kallanish notes. Read more at Chinese…
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Ind-Ra: India’s increased domestic steel consumption & prices may trigger government intervention
According to India Ratings and Research (Ind-Ra), India’s steel prices increased due to the growth in domestic steel consumption, which might trigger government intervention to check prices. Read more at Ind-Ra:…
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Baosteel Zhanjiang commissions converter, caster
Baosteel’s Zhanjiang steelworks successfully hot tested its No.4, 350-tonne converter and No.3 continuous caster on 9 January, Kallanish notes. Both belong to its No.3 blast furnace complex. Read more at Baosteel…
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Baowu starts 2.8mt Anhui scrap base
Ouyeel Blockchain Finance and Metal Recycling Resources Company, a subsidiary of China Baowu Group, launched an Anhui scrap steel processing base on 4 January. Read more at Baowu starts 2.8mt Anhui…
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MIIT calls for reducing China’s steel production
Chinese industry and information technology (MIIT) minister Xiao Yaqing proposed at the 2021 National Industry and Information Work Conference that crude steel output should be reduced. He also said China’s crude steel…
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Malaysia imposes provisional AD duties on cold-rolled stainless steels from Indonesia & Vietnam
According to a preliminary determination made by the Ministry of International Trade and Industry (MITI) of Malaysia, the government has decided to impose provisional anti-dumping (AD) duties on cold-rolled stainless…
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