With regard to steel production, China is aiming at a stronger economic recovery. Behind the boom in Chinese steel production from March onwards – and the hope of a rapid economic recovery – lies the story of two divergent sectors, on the one hand the demand for the construction of infrastructure projects was very strong, […]
Record steel production in China in May due to growing demand. Chinese crude steel production reached a new record in May due to increased demand in the construction and manufacturing sectors as the country continues its gradual recovery from the fallout caused by the coronavirus pandemic. Crude steel production from China, the world’s largest steel […]
Nickel on the rise. Rising nickel prices have significantly penalised input costs for most stainless steel manufacturers in recent months. In many parts of the world, however, suppliers could not pass on the full amount of this increase to their customers. Steel manufacturers are therefore forced to absorb the increase in raw material prices, thereby […]