-
China’s steelmaking losses incentivize global rebalancing
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 ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From morningstar.com|Jun 23, 2025|4 commentsFed insiders Waller and Bowman expect very little inflation from trade wars Is the Federal Reserve suddenly open to cutting U.S. interest rates as early as July? That's what Wall ...
From @realDonaldTrump|Jun 23, 2025
The sites that we hit in Iran were totally destroyed, and everyone knows it. Only the Fake News would say anything different in order to try and demean, as much as possible — And even they say they were “pretty well destroyed!” Working especially hard on this fals...
From kitco.com|Jun 23, 2025If I had told you that Israel and Iran went to war and escalated that war throughout this past week, I am sure you would have expected gold to have rallied quite strongly. Well, ...
-
- Newer Stories
From kitco.com|Jun 23, 2025Gold has taken a back seat to the white metals, and a hawkish turn from the Fed won’t help it in the near term, while silver and platinum are enjoying increased inflows from ...
From etftrends.com|Jun 23, 2025Like all appetites, the consumer typically reaches some point of appeasement. That could be the case for central bank gold purchases, which have started to show signs of receding. ...
From msn.com|Jun 23, 2025Ford Motor still faces difficulties obtaining vital magnets made with rare-earth elements, despite a deal the U.S. struck with China to ease export controls, a company executive ...
- Story Stats
- Jun 23, 2025 2:28pm Posted byFundamental Analysis244
