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Topic

Steel production

No recovery in sight

No recovery in sight

Updated 04 Oct, 2024 11:19am
Three months into the fiscal year and there doesn’t seem to be any recovery in sight for the construction industry...
Dalian, Singapore iron ores up

Dalian, Singapore iron ores up

Published 11 Jan, 2023 05:53am
MANILA: Dalian and Singapore iron ore futures rose on Tuesday after China said it has seen the peak of COVID-19...
China steel futures ease

China steel futures ease

Published 15 Sep, 2022 07:05am
MANILA: Chinese steel futures fell on Wednesday after hitting two-week highs in the previous session, dragging down...
Steel: Breaking the bubble

Steel: Breaking the bubble

Published 24 Dec, 2021 08:01am
Is it really demand? To be specific, is it really housing demand? Steel prices have been spiralling and many have...
China ferrous futures drift lower

China ferrous futures drift lower

Published 16 Nov, 2021 04:26am
BEIJING/MANILA: Futures for Chinese ferrous raw materials tumbled on Monday, undermined by big drop in steel...
Brazil steelmaker Gerdau reports $460mn profit on higher metal prices

Brazil steelmaker Gerdau reports $460mn profit on higher metal prices

Published 05 May, 2021 06:41pm
  • While profit grew more than 10 fold due and revenue grew 77%, steel production fell 1% and steel sales grew only 15% to 3 million tonnes.
  • Gerdau said there were positive trends at its Brazil unit, with revenue more than doubling compared to a year ago and displacing the North America unit, which in the first quarter of 2020 was the company's largest by revenue.
Japan's 2020 crude steel output drops 16pc amid COVID-19 crisis

Japan's 2020 crude steel output drops 16pc amid COVID-19 crisis

Published 22 Jan, 2021 07:15pm
  • Steel production for the October to December quarter slid 7.0% from a year earlier to 21.99 million tonnes.
  • Output in December fell 3.3% year on year to 7.53 million tonnes, the tenth straight monthly decline, though it rose 3.6% from November.
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