US HITS VIETNAM WITH MASSIVE DUTIES OVER CHINA STEEL
Certain steel products Vietnam is selling to the U.S. are being produced from Chinese materials, the U.S. Department of Commerce said in a statement late Tuesday. American steelmakers complained last year that Chinese companies appeared to be avoiding huge tariffs by diverting products to Vietnam for “minor processing” before they were shipped to the U.S. […]
9 THINGS TO CONSIDER BEFORE BUYING CATTLE PANELS
Any animal requires a safe environment to live in. Whether you have one cow or an entire herd of cattle, good cattle panels keep them out of trouble. As an animal owner, you want to protect your investment. But before investing in cattle panels fencing system, check out these 9 essential elements to make the […]
SECOND WAVE OF COVID-19: NEW CONCERN FOR EU STEEL BUYERS
The recent Covid-19 resurgence creates a huge concern in the steel industry, the contrary between the market participants as well as the disagreement on the future price direction. The coming back of Covid 19: Difficulties for the steel buyers The second wave of Covid-19 brings a steep increase in infected cases across Europe, which is […]
US ELECTION 2020: FLUCTUATIONS SEEN IN EUROPEAN & MIDDLE EAST STEEL INDUSTRY
The steel markets in Europe and the Middle East are experiencing a lot of price volatility as the US presidential election moves in favor of the Democratic candidate, according to sources from S&P Global Platts. European & Middle East steel industry fluctuates due to US election 2020 Northwest European domestic prices of rebar have returned […]
STEEL DEMAND IN Q3: BETTER THAN EXPECTED
There is a rise in steel demand throughout the third quarter of 2020, and there are possibilities for another quarter of developments in the steel industry. 1. Severe drops across the globe since the pandemic started in early 2020 In the second quarter of 2020, many nations witnessed an unprecedented drop in steel demand. It […]
TOP 04 CHINH DAI STEEL PRODUCTS: HIGH QUALITY & DIVERSIFIED
Undergoing a process of innovation and development for more than 20 years, Chinh Dai Industrial Co., Ltd., is steadily affirming our brand of high-quality steel. Annually, Chinh Dai Steel supplies hundreds of thousand tons of raw steel and fabricated products for domestic and international markets. Chinh Dai Steel currently supplies 03 main products to the […]
SOUTHERN EUROPE STEEL SECTOR: UPWARD PRICE MOMENTUM SLOWS
After the first 10 months of 2020, the upward price momentum in the Southern Europe steel sector starts to slow down. Source: MEPS International Ltd
VIETNAM STEEL SCRAP PRICE: SUPPLY SHORTAGE DRIVES THING UP
According to some Vietnam market sources, China billet purchases and the shortage in scrap supply have continued to drive up Vietnam steel scrap price. 1. Recent trades in the scrap market shows an increase in scrap price Two weeks ago, a major scrapyard had sold 02 bulk cargoes from the United States West Coast and […]
EUROPEAN STEELMAKER CONSOLIDATION COULD HELP CONTROL PRICES & COSTS
European steelmakers need to consolidate to gain better control over pricing and the supply-demand balance as well as to better tackle rising production costs, but it will not solve the major problems of the European flat steel market, sources told Fastmarkets. 1. European consolidation and changes it might bring. In November 2020, rumors about two […]
GALVANIZED STEEL & EVERYTHING YOU NEED TO KNOW
Corrosion of metal is a big problem for every construction project, which makes choosing sustainable materials and contactors an important task for every construction company. One of the most environmentally-friendly finishing processes available to prevent corrosion, galvanizing, is the key to the problem. Galvanized steel produces minimal waste and ensures that buildings and works are […]
