News
- Egypt investigates dumping of cold-rolled and coated steel products from Turkey and China
The investigation was initiated by local steel producers Al-Obour Metal Industries and Kama Metal Coating and Processing
- US Steel raises flat steel prices by $30/t
As of October 25, the prices of hot-rolled flat products in the USA were at the level of $690-700 per short ton, and cold-rolled – $960-1000/t
- Vale and China’s Jinnan to invest $627 million in Oman processing plant
It is planned that the enterprise will begin operations in 2027
- Canadian steelmakers support duties imposition on Chinese steel imports
Pipe producer Zekelman Industries joined the statement
- China may become the leading producer of green steel by 2030 – forecast
The country's competitive advantages are renewable electricity and green hydrogen production capabilities
- Steel and scrap prices in Asia may rise in Q4 – forecast
Economic incentives from Beijing and rising demand may contribute to this