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Steel: Indian imports from China reached a six-year high in April-October
According to preliminary data released by India's Ministry of Steel, steel imports from China stood at 190,000 tonnes in October this year, the highest monthly level in the April-October period of the current fiscal year. The increase was mainly attributed to the end...
China will issue new bonds worth RMB 2.7 trillion by 2024
The Chinese Ministry of Economy announced that the Chinese government issued government bonds worth RMB 1.4 trillion (USD 200 billion) in October this year. The total value of bonds issued by the country in the January-October period, mostly used in construction...
HRC steel: Italian prices rise further
Italian coil prices have risen again, while European producers are considering a second round of increases. In recent weeks, strong demand has returned to the market, as have good sales volumes for both coil and its derivatives. Italian hot-rolled coil gradually...
Nigeria and Germany sign memorandum of understanding for renewable projects and gas exports
According to a statement released by the Nigerian government, Nigerian and German companies have signed two memorandums of understanding (MoU) on gas supplies from Nigeria to Germany and renewable energy projects in Nigeria. According to the agreement between Nigerian...