Ministry of Commerce: steel prices rose slightly last week

The Ministry of Ecology and Environment announced that in 2021, China’s 145 million mt of steel production capacity completed the ultra-low emission transformation of the whole process.

The operating rates across 34 EAF mills of construction steel stood at 54.58% as of December 28, a gain of 0.68 percentage point from the previous week.

This is a roundup of news in the steel industry for last week.

This is an overview of China’s imports and exports of metals in September.

China's import volume of unwrought copper and copper semis in August were 393,900 mt, a year-on-year decrease of 41.07%, and a month-on-month decrease of 7.2%. The imports from January to August were 3.61 million mt, a year-on-year decrease of 15.4%.

The steel industry plays an important role in leading global low-carbon development and addressing climate change under the carbon neutrality target. And as traditional processes are reaching their carbon reduction limits, the steel industry must achieve breakthrough technologies in order to realise this target. In the future, hydrogen metallurgy will become the new windfall for the steel industry. This article will giver an overview of the key cooperation projects between international mines and China steel companies in the field of low carbon technology.

Operating rates of blast furnaces at steel mills increased 0.3 percentage point from a week ago and dropped 0.6 percentage point from a month ago to 86% as of June 3, SMM survey showed.

Brazilian stockists remain adamant that any move by domestic suppliers to pursue price growth would be counterproductive and stifle what little buying interest exists. Most consignments are small bund

US HR coil prices remained flat at $470 a short ton FOB Midwest mill in the week ended July 10 in line with the stainless steel scrap prices on Scrap Register Price Index.

The American Iron and Steel Institute (AISI) and the Steel Market Development Institute (SMDI) have launched new social media campaign to promote and highlight the uses and benefits of steel.