Earlier this month, foreign steel imports for September were trending toward a 2.6-million-ton month based on import licenses through the first 12 days of the month. Over the past week, the pace for import license requests has picked up.
time2017/09/22
Flat rolled steel lead times have been relatively flat going back to early May 2017, according to the service centers and manufacturing companies who participated in the Steel Market Update (SMU) flat rolled market trends survey this week.
time2017/09/22
Spot iron ore pricing dropped 7.4 percent within the past 24 hours with 62% Fe iron ore fines hitting $63 per dry metric ton (dmt). Iron ore has dropped $15.80/dmt over the past month.
time2017/09/22
In a submission today to the interagency Trade Policy Staff Committee (TPSC), led by the Office of the U.S. Trade Representative (USTR), the American Iron and Steel Institute (AISI) provided the Trump Administration with evidence that China continues to fail to comply with its World Trade Organization (WTO) commitments.
time2017/09/23
World crude steel production for the 67 countries reporting to the World Steel Association (worldsteel) was 143.6 million tonnes (Mt) in August 2017, a 6.3% increase compared to August 2016.
time2017/09/25
Iron ore has slumped back into a bear market after posting the biggest weekly loss in 16 months, amid concern that record demand in China could ease off as mills enact winter output cuts, just as data from the country, which is the the top user, signal that the economy could be cooling.
time2017/09/27
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