India's severe power shortage crisis, the northern states have power outages for 14 hours a day, and the recovery of the manufacturing industry is hindered!

India’s severe power shortage crisis, the northern states have power outages for 14 hours a day, and the recovery of the manufacturing industry is hindered!

India’s severe power shortage crisis, the northern states have power outages for 14 hours a day, and the recovery of the manufacturing industry is hindered! After India experienced the second wave of the new crown epidemic, the economy gradually recovered, and the demand for electricity has also increased substantially. The wind of the energy crisis…

U.S. hot-rolled bar exports increase in August

LMM Global Steel Information Quick View (2021.10.19) U.S. hot-rolled bar exports increase in August Mysteel learned that according to the export data released by the US Department of Commerce, the US exported 39,724 tons of hot-rolled bars in August 2021, an increase of 4.8% month-on-month and 85.3% year-on-year, with a total export value of US$54.6…

Colombia’s August crude steel production increases

LMM Global Steel Information Quick View (2021.10.19) Colombia’s August crude steel production increases Mysteel was informed that, according to the Colombian National Committee of Steel Manufacturers, the country’s crude steel production in August 2021 increased by 4.3% year-on-year to 117,908 tons, and long steel production increased by 24.5% year-on-year to 1,484,43 tons. In the first…

Irepas: high logistics costs, global long products market under pressure

LMM Global Steel Information Quick View (2021.10.19) Irepas: high logistics costs, global long products market under pressure Spain’s CELSA Group Export Director Alexander Gordienko said on October 18 that under the coronavirus-related restrictions, the global economy has performed better than expected, and the growth prospects of developed countries have increased from 5.1% in April. It…

Brazil’s crude steel production increased in September

LMM Global Steel Information Quick View (2021.10.20) Brazil’s crude steel production increased in September According to the Brazilian Iron and Steel Association IABr report, Brazil’s crude steel production in September this year increased by 15.3% year-on-year to 3.1 million tons. During this period, domestic sales volume was 1.9 million tons, an increase of 1.2% year-on-year;…