The World Steel Association has issued its outlook for steel apparent demand, indicating that this year global demand will fall by -6.4% year-on-year, before recovering 3.8% y-o-y in 2021.

The outlook was postponed by the association due to the uncertainties created by the Covid-19 outbreak. “The COVID-19 crisis, with its …

The coronavirus emergency and the consequent fall in both production and demand of steel globally has fuelled a new wave of trade disputes. The market has been facing increasing limitations to global trade for many years now, but during the last month this trend has accelerated again. Many countries have …

The World Steel Association (worldsteel) says that global crude steel output from its 64 reporting countries dipped year-on-year in April 2020 to 137.1 million tonnes, down by - 13.0% y-o-y.

Although some figures could be revised, these preliminary calculation indicates that the deceleration in output increased in April. During March …

Last week, iron ore prices returned to levels not seen since before the coronavirus was officially declared a public health emergency of international concern (PHEIC) by the World Health Organisation (WHO).

According to Kallanish indexes, the KORE 62% Fe index gained $1.81/tonne to $91.86/ dry metric ton cfr Qingdao on …