European steel demand is expected to increase by nearly 2% in 2018

Eurofer said on Friday the region's steel demand is forecasted to increase in 2018 in most steel-consuming sectors, while warnings of an increased import threat. Accordingly, steel consumption, excluding the impact of inventory changes, is expected to increase by 1.9% in 28 European Union (EU) countries this year, unchanged from [...]

The US concludes that steel tax evasion in Viet Nam does not comply with WTO rules

According to the Vietnam Steel Association, the US puts trade barriers to protect domestic production which makes steel industry become more difficult. On 5/12/2017, the US Department of Commerce (DOC) issued a preliminary decision in the anti-dumping investigation (AD), anti-subsidy investigation (CVD) anti-corrosion coating (known as galvanized sheet steel) and [...]

Forecasts China steel market trends in 2018

China steel market has achieved many achievements this year, support very well for the world steel market. By shutting down small, backward, and illegally polluting steel production facilities, China is in the process of restructuring the steel industry, bringing a new face on the world market. Many experts have [...]

GLOBAL BILLET WRAP: Prices continue to climb on limited supplies, low raw materials costs

Prices continued to rise in most steel billet markets over the past week, due to reduced supplies, a continued uptrend in China and high raw materials costs. Ferrous scrap costs in Turkey remained strong this week, while mills are starting to look for alternatives to achieve lower prices. A shortage of graphite [...]