Loading
ASEAN-6 economies grow despite unfavourable market conditions
The Southeast Asian Iron and Steel Institute (SEAISI) shared the macroeconomic results of ASEAN-6 countries for the third quarter of 2022. During the period under review, commodity prices fluctuated, interest rates rose and local currencies depreciated, in addition to...
HRC steel: EU terminates anti-dumping investigation on imports from Ukraine
The European Commission announced that it has terminated without measures the end-of-period review of anti-dumping duties on imports of hot-rolled HRC steel from Ukraine. On 4 June 2022, anti-dumping duties on certain imports from Ukraine, including hot-rolled...
Crude steel: Italian production continues to fall
According to figures released by Federacciai, the association of Italian steel producers, the country's crude steel production stood at 1.55 million tonnes in January this year, down 14.7% year-on-year. Year Month Mln Mt Y-o-y change % Year-to-date Y-o-y change %...
Iron ore: Kumba Iron Ore cuts production forecast due to rail crisis in South Africa
South Africa's rail freight capacity has collapsed, hampered by inadequate maintenance, a lack of spare parts and the theft of hundreds of kilometres of copper wire from railway lines, costing coal and iron ore exporters billions of rand in revenue. The lack of goods...