German carmaker Volkswagen Group predicts more disruptions in production due to the continued global semiconductor shortages. During the last few weeks, a number of global carmakers announced temporary stoppages of production units due to the lack of supplies, a trend expected to continue further in 2021. “Due to the increasing …

Speakers at the Kallanish Asia Steel Markets 2021 conference last week gave their outlooks on trade flows following the unforeseen Covid-19 shock to trade last year.

Derek Langston of SSY Consultancy Research pointed out that freight rates are at an 11-year high due to economic and industrial recoveries, container shortages, …

Global steel demand was better than previously expected in 2020, and the outlook for 2021 has also been revised upwards by worldsteel.

In its previous outlook issued last October, worldsteel had expected finished steel demand to fall 2.4% on-year in 2020. The association confirmed on Thursday, however, that the fall …

Last week the Kallanish index for Chinese domestic rebar prices reached a new record level, at CNY 4,875/t ($744.84/t). This was the highest level ever recorded by the index, higher than the peak of CNY 4,785/t touched back in late 2017.

The latest increases of Chinese rebar were supported by …