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Global Steel Import and Export Information

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It is predicted that global steel demand will increase by 4.5% this year to 1.855 billion tons

2021, Statistics, Steel Marketing, SteelblogBy lmmgroup October 19, 2021

World Steel Association: It is predicted that global steel demand will increase by 4.5% this year to 1.855 billion tons The World Steel Association released the results of short-term steel demand forecasts for 2021 and 2022 on the 14th. The World Steel Association predicts that global steel demand will continue to grow by 4.5% in…

Due to rising coal prices, Indian steel mills consider raising steel prices

2021, StatisticsBy lmmgroup October 9, 2021

Rising coal prices coupled with ashortage of coking coal and thermal coal are forcing Indian steel mills toconsider a steel price hike for the next quarter. Indian steel giants like JSWSteel and Jindal Steel and Power (JSPL) anticipate a cost-driven price hike. From customs data thatIndian coking coal imports plunged 26.18% on-month to 3.21 million…