CAPACITY WATCH: E China’s Changjiang Steel starts construction of 140-tonne EAF

Changjiang Iron & Steel has started construction on a 140-tonne electrical-arc furnace in eastern China, according to a notice released by its parent company, Maanshan Iron & Steel late last week.

16 September 2019 Jessica Zong

China’s steel output rises in August

Chinese output of hot metal, crude steel and finished steel all increased in August on both a month-on-month basis and from a year earlier, China’s National Bureau of Statistics said on Monday September 16.

16 September 2019 Jessica Zong

EXCLUSIVE: Renegotiation of iron ore pellet premiums for Q4 sets stage for shorter-term pricing

The pellet segment of the seaborne iron ore market is starting to show signs of moving from annual contracts to shorter-term ones.

13 September 2019 Deepali Sharma

IN CASE YOU MISSED IT: 5 key stories from September 12

Here are five Fastmarkets MB stories you might have missed on Thursday September 12 that are worth another look.

13 September 2019 Fastmarkets MB staff

FOCUS: Metals industry sees roadblocks to HKEX-LSE deal

The proposal by Hong Kong Exchanges & Clearing Ltd (HKEX) to buy the London Stock Exchange Group (LSEG) has raised a number of questions among metals market participants, most of whom are skeptical that the deal will go through during a time of political upheaval.

12 September 2019 Alice Mason

China's Shagang raises long steel prices for mid-September

Eastern China’s Shagang has raised the list prices for its rebar and wire rod booked in mid-September.

11 September 2019 Jessica Zong

Egyptian decision on steel billet, rebar safeguard duties postponed until October 5

The Supreme Administrative Court of Egypt has again postponed its decision on the possible re-imposition of safeguard duties on billet and rebar imports and will not discuss the matter until October 5, Fastmarkets understands.

10 September 2019 Vlada Novokreshchenova

China’s daily crude steel output flat in mid-August

Major Chinese steel mills’ daily crude steel output rates were largely unchanged in mid-August, but their finished steel inventories increased.

10 September 2019 Jessica Zong

EU authorities approve adjustment of import quota increase to 3%, market sources say

European authorities have approved an adjustment to the safeguard quota system, lowering the annual quota increase amount to 3%, as part of a review of the existing safeguard mechanism on September 4, market sources told Fastmarkets on Friday September 6.

09 September 2019 Maria Tanatar

ArcelorMittal Italia to continue production despite adoption of Crescita decree [UPDATE]

Flat steel producer ArcelorMittal Italia will continue operations at its plant in Taranto, Italy, with a new decree granting the steelmaker temporary legal immunity for breaches of environmental regulations, the company has announced.

09 September 2019 Maria Tanatar