Tokyo Steel raises November steel prices

LMM Global Steel Information Quick View (2021.10.20) Tokyo Steel raises November steel prices Mysteel has learned that Tokyo Steel has recently raised its November steel prices. Most of the construction steel prices have been raised by US$26-44/ton, and the price of heavy plates has been raised by US$26/ton, which is the highest price in 13…

Italy’s September crude steel production increased by 28.3% year-on-year

LMM Global Steel Information Quick View (10.19) Italy’s September crude steel production increased by 28.3% year-on-year Mysteel was informed that, according to the latest interim data released by Federacciai, the Italian iron and steel producers’ association, Italian crude steel production in September this year increased by 28.3% year-on-year to 2.304 million tons. In September, Italian…

Soaring energy prices have caused some European steel companies to implement peak shifts and stop production

Soaring energy prices have caused some European steel companies to implement peak shifts and stop production

Soaring energy prices have caused some European steel companies to implement peak shifts and stop production Recently, ArcelorMittal (hereinafter referred to as ArcelorMittal)’s steel branch in Europe is under pressure on energy costs. According to foreign media reports, when the electricity price reaches its peak in the day, Anmi’s electric arc furnace plant producing long…

U.S. profile steel export growth in August

LMM Global Steel Information Quick View (2021.10.18) U.S. profile steel export growth in August According to statistics from the U.S. Department of Commerce, in August this year, U.S. section steel (including U, I, H, L, T section steel) exports totaled 37,353 tons, an increase of 15.5% month-on-month and a year-on-year increase of 51.4%. In terms…

Vietnam’s steel imports fell in September

LMM Global Steel Information Quick View (2021.10.14) Vietnam’s steel imports fell in September According to statistics released by the Vietnam Customs, in September this year, Vietnam Customs imported a total of 814096 tons, a decrease of 3.2% from the previous month; the import of scrap steel was 405,801 tons, an increase of 4.5% from the…