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What Is Corrugated Metal Roofing?
by admin on 23-03-01
Corrugated metal roofing is a metal sheet that is roll formed into a metal panels. These panels are than attached to the roof with screws. Corrugated metal is an exposed fastener panel, meaning that each fastener is visible on the panel’s surface. The traditional shape of corrugated sheet ...
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China starts buying Australian coal as unofficial ban ends
by admin on 23-02-24
China has started buying Australian coal this month, signaling the end of an unofficial ban that ran for over two years, according to market sources and S&P Global Commodity Insights data. S&P Global reported last month that three Chinese state-owned power plants — China Datang Corp...
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INTERVIEW: Conadiac sees nearshoring as opportunity for steel market in Mexico
by admin on 23-02-22
Despite demand not returning to pre-pandemic levels, there is positive sentiment in the Mexican steel market based on opportunities such as the current wave of nearshoring and the country’s deficit of steel products, according to Antonio Chabrand, treasury officer at Conadiac, which represe...
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INTERVIEW: Steel mills in Turkish earthquake zone may close for a month: TCUD
by admin on 23-02-16
Turkish steel mills in the regions of the Feb. 6 earthquakes may remain closed for around a month until workforce, logistics and power cut problems are resolved, Turkish Steel Producers’ Association (TCUD) General Secretary told S&P Global Commodity Insights Feb. 14. “Producers in...
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Steel Coil Production
by admin on 23-02-10
Steel coil is finished steel sheet or strip that has been coiled or wound after rolling with the width of the metal sheet being greater than its thickness. Steel coil with certain coatings can be weather-resistant, protect against moisture, and is ecofriendly. Steel coil is produced through diffe...
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New steel capacity, slower construction activity could weigh on 2023 US sheet prices: panel
by admin on 23-02-09
The startup of new steelmaking capacity and weaker construction activity could weigh on US sheet steel prices and keep them more rangebound in 2023, compared with the last two years, according to a panel discussion at the 2023 Tampa Steel conference in Florida. “2023 could be a return to a ...
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China’s 2022 crude steel output falls for second straight year
by admin on 23-01-30
China’s crude steel output in 2022 fell by 2.1%, or 21.73 million mt, from 2021 to 1.013 billion mt, marking a second-successive annual decline, data from the National Bureau of Statistics showed Jan. 17. Some mill sources said China would continue to contain its steel production growth in ...
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Commodities 2023: China likely to tone down domestic steel capacity, targets ASEAN nations
by admin on 23-01-09
China would aim to contain its steel production growth in 2023 and focus more on environmental-friendly capacity swaps, but it remains keen on making capacity investments in ASEAN countries to keep its behemoth steel industry running, information gathered from sources by S&P Global Commodity ...
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Turkish mills likely to continue to struggle with firm scrap prices in early 2023
by admin on 22-12-30
Turkish deepsea import scrap prices are expected to remain relatively firm over the first quarter of 2023, supported by tight supply, posing a continued challenge to Turkish steel mill margins, sources said. Platts assessed Turkish bulk imports of premium heavy melting scrap 1/2 (80:20) at $386.7...
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Low steel purchases, inventories limit Brazilian year-end discounts, but 2023 price hikes loom
by admin on 22-12-20
Consumers’ low steel purchases and inventories in Brazil are preventing a wave of end-of-year discounts and supporting the announcement of increases for early 2023, sources said. “I believe prices went down enough for 2022,” said a flat steel distributor source, who already rece...
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Slow economic growth pressures China to rebalance carbon reduction ambitions
by admin on 22-12-05
The world heaved a sigh of relief when Beijing announced Nov. 11 new measures to relax its COVID-19 restrictions, while keeping China’s zero-COVID policy in place, and when Guangzhou on Nov. 30 revealed plans to remove most movement controls and resume public transport, among other new meas...
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Brazilian steel industry sees modest growth in 2023: Aço Brasil
by admin on 22-12-05
Steel producers in Brazil are expecting a modest expansion of production, sales, and apparent consumption in the country in 2023, following “excellent” years for the industry, according to Aço Brasil Institute. Brazilian crude steel production in 2023 is projected to rise 2% on year t...
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