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MBR estimates that, in 2020, finished steel consumption in East Asia and Southeast Asia (excluding China) will exceed 250 million tonnes.
China’s spot steel prices mostly increased on Monday July 14 amid gains in the futures market.
China’s spot steel market was mixed on Wednesday July 9 amid differing levels of demand and stock availability.
China’s spot rebar prices were mixed on Tuesday July 8 due to the different transaction levels in the two main trading regions, while those for hot rolled coil remained steady amid lukewarm trading.
China’s spot steel prices were unchanged on Monday July 7 on slack buying amid cautious sentiment in the market.
STEEL VS AL: Automotive aluminium – the start of an era
Ford is making its 2015 model F-150 pickup truck not with a steel body, but with one made from aluminium - a move that has massive implications for the metal's usage.
SPOTLIGHT: Why the weaker yen may not fuel a steel export surge from Japan
The Japanese government’s radical strategy to weaken the yen and pump liquidity into the economy is expected to help the country’s steelmakers move even more aggressively into Asian markets.
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