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Increased Stainless Steel Production in China and Impact on Commodity Prices
Chinese steel mills are planning a significant increase in stainless steel production in March. According to industry sources, this increase could have a direct impact on nickel pig iron (NPI) and ferro-chrome prices. Crude production of stainless steel is expected to...
The European Commission and Support for the Ukrainian Steel Industry.
The European Commission recently announced a policy proposal to extend the exemption of Ukrainian imports from trade defense measures. The main objective of this initiative is to provide concrete support to Ukraine's steel industries, which are operating under...
The Chinese Government Labor Report and Implications for the Steel Market.
The government's jobs report, presented by Chinese Premier Li Qiang on March 5 during the National People's Congress, did not inspire enthusiasm among steel market participants. Despite the announcement of further fiscal stimulus and the historic mention of the need...
New Steel Plant in Piombino: Agreement between Metinvest and Metinvest Adria
Italy's steel sector is preparing to welcome an important new development: the Ukrainian metals and mining group Metinvest recently signed an agreement with Italian equipment supplier Metinvest Adria to build a new steel plant in the port city of Piombino on Italy's...