Product News
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Advantages of TPEP anticorrosive steel pipe
Advantages of TPEP anticorrosive steel pipe Product advantages: 1. TPEP anti-corrosion is an advanced anti-corrosion technology at home and abroad, and its service life is more than 50 years. The external 3PE anti-corrosion is imported from Russia. It has a history of nearly one hundred years. Th...Read more -
Europe steel mills face new high for iron ore costs relative to coking coal
Iron ore’s costs in making steel in Europe have increased progressively in the past year and outpaced met coal costs further. Iron ore prices in Europe have seen support from contracts linked to China’s import spot fines prices, which have surged to $118/dry mt CFR China this week, even with lowe...Read more -
China steelmaking ingredients futures prices rise on strong demand
Futures prices of steelmaking ingredients in China rose on Monday, with iron ore jumping more than 4% and coke scaling a 12-month high, on strong demand as the world’s top steel producer continues to ramp up output. The most-traded iron ore contract for September delivery on China’s Dalian Commod...Read more -
British Steel Resumes Control of Immingham Bulk Terminal
British Steel has completed a deal with Associated British Ports to resume operational control of Immingham Bulk Terminal. The facility, an integral part of British Steel’s operations, was operated by the manufacturer up until 2018 when it’s then owners agreed to pass control to ABP. Now Br...Read more -
Turkey Extends Additional 5% Duty on Steel Imports till 15 Sept
Turkey has extended provisional revised import duty rates on some steel products, mainly flat steel products, from July 15 until September 30, 2020. As of April 18, Turkey increased import duty rates by five percentage points on some steel products with a few exceptions and adjusted the duty rate...Read more -
Gazprom’s European market share declines in the first half
According to reports, record gas inventories in northwestern Europe and Italy are weakening the region’s hunger for Gazprom’s products. Compared to competitors, the Russian gas giant has lost ground in selling natural gas to the region More advantages. According to data compiled by Reuters and Re...Read more