Indonesia's Yongwang Cold Rolling Announces Suspension of Production 📰
On June 13th, news came that Indonesia's Yongwang has announced a temporary halt in production this week. As of June 11th, the production line officially ceased operations, with plans to resume around 80 days later, tentat...
📉 Seasonal Lull Becomes Apparent, Price Decline of High-Priced Construction Steel Accelerates 📉
Mysteel News: As we enter June, influenced by weak demand and falling raw material prices, the price of construction steel has been on a downward trend, especially since the latter half of the mont...
Iron Ore Index Price Expectations for July
Conclusion: In a survey of industrial enterprises regarding the July price index, 64% believe that the average price for July will rise compared to June's average of $106 (as of June 21st), while 35% expect a decrease, and only 1% think it will remai...
Efficiency and Cost Reduction in the Second Quarter at Zhongnan Steel's Smelting Plant
The second quarter has seen stable and efficient production at Zhongnan Steel's smelting plant. Through meticulous energy conservation and consumption reduction, extreme energy efficiency, and the repair an...
Giant Exits Nickel Project, Indonesia's Minister of Energy and Mineral Resources Says: We Will Find Another
Jakarta - The nickel refining project in the Sonik Bay of North Maluku has been abandoned by two major European giants, BASF and Eramet. Indonesia's Minister of Energy and Mineral Resources (...
July Steel Market Intensifies Game
Looking back at the steel market in June, by June 28th, the steel market has been in a fluctuating downward trend, with almost no decent rebound. The comprehensive steel price index fell by 157 points, and the prices of rebar and wire rod fell by 200 and 19...
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Stainless Steel Market Returns to Calm
Mysteel My Stainless Steel Network - July 2, 2024, 03:59 AM
📈 The stainless steel market has recently seen a return to stability, with prices leveling off after a period of fluctuation. This stability is expected to benefit both suppliers and c...
📈 Coke Price Increase Has Room in the Near Term, but the Risk of Price Reduction at the End of the Month is Also Increasing 📉
📊 Recent Coke Market Operation
From early May to mid-June, the coke market overall showed a weak operation trend. Coke prices experienced two significant adjustments,...
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Raw Material Prices Surge at the Start of Trading
Contrary to the efforts of some journalists, the prices of raw materials and the share prices of European steel manufacturers seem to be resisting these efforts. The prices of European raw materials, especially base metals such as nickel, cop...
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📰 LME Suspends Deliveries of Nickel from Norilsk Nickel's Harjavalta Plant in Finland
According to a Bloomberg report on July 3, 2024, the London Metal Exchange (LME) has suspended the delivery of nickel from the Harjavalta plant owned by MMC Norilsk Nickel PJSC in Finland. Despite...
Rumors Tighten the Nerves of a Section of the Stainless Steel Community
Recently, besides the stainless steel market, there has been good news in the market operating environment sector, which has allowed those in the stainless steel industry, who have been troubled by various issues, to fi...
IPv6 Network Supported
