World Steel Dynamics and the Association for Iron & Steel Technology co-hosted the forum, now in its 40th year, counting events held under the predecessor Steel Success Strategies banner. “We’re now continuing what is a three-year trend of rising Chinese steel exports and anaemic-to-declining global steel demand,” Englin said. Within China’s steelmaking, a plunge in domestic demand has pushed down the price of hot-rolled coil to about $375 per tonne, excluding value-added taxes, he said. World Steel Dynamics, which tracks 35 major steel plants in China, finds that for the second consecutive year, the domestic ... (full story)