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China to push global steel demand this year: World Steel Association

The Brussels based Worldsteel provided an updated SRO at its General Assembly in Monterrey, Mexico, and forecast global steel demand to grow by 3.9% to 1.775 billion tonnes, compared to an earlier forecast of 1.3% or 1.735 billion tonnes in April.

2020-11-27

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Low Demand and Plentiful Supply Lead to reductions in Steel Prices

North American and European steelmakers are struggling to halt the negative trend in flat product steel prices, which has developed in recent months. Low steel demand, plentiful supply and a sharp fall in raw material expenditure, notably scrap, have prompted deflation in regional steel prices.

2020-11-27

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Brazilian domestic steelmakers attempt to push through price increases in October

The business environment is challenging, in Brazil. Domestic steelmakers attempted to push through a price increase for October’s production campaign. Predictably, distributors and end-users are reluctant to commit to forward orders. For the moment, most purchases are for immediate needs only. Supplies from third country sources are unattractive.

2020-11-27

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Steel Pipe & Tubing - All You Need to Know

Pipe is a hollow structure that is intended to carry material such as liquids, gasses, or even solids. Its wall thickness is described by its Schedule and it is often broken down by type using the method of manufacturing it, either ERW or Seamless

2020-11-27

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