steel
Steel

China: BF mills gain profits on steel sales in Oct’24 despite higher production costs

Mysteel Global: Chinese blast-furnace (BF) steel mills managed to earn some profits on their steel sales in October, though their production costs moved higher with the climb in prices of major steelmaking raw materials, according to Mysteel’s latest monthly survey of the 91 BF mills it tracks. Last month, although the sampled steelmakers’ average profit on […]

Steel

China weekly: Steel prices fall w-o-w on decline in SHFE futures

The Chinese steel market faced a significant decline, following the downward trajectory of Shanghai Futures Exchange (SHFE) prices. Domestic steel products, including billets, hot-rolled coils (HRC), and rebars, witnessed w-o-w price drops. Additionally, prices of key raw materials like iron ore and coking coal, also decreased. The average daily crude steel output of CISA-affiliated mills […]

HRC
Steel

Japan challenges Turkiye’s HRC anti-dumping probe findings

Mysteel: Japan has responded angrily to the decision of Turkiye’s Ministry of Trade earlier this month to impose anti-dumping (AD) duties on imports of hot-rolled coil (HRC) originating from several countries, including Japan, describing the decision as inappropriate and very regrettable. Turkiye’s trade ministry announced on 11 October that HRC imports from China, India, Russia, and […]