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New EU sanctions to include Russian semi-finished steel imports
The European Council has adopted its eighth sanctions package against Russia for its invasion of Ukraine, which expands its ban on the import of Russian steel products to include semi-finished steel, the European Commission said in an Oct. 6 statement. Among a number of other restrictions announc...Read more -
FUTURES WRAP: LME scrap contracts see gains, near-term backwardation shifts into soft contango
Near-term scrap futures contracts on the London Metal Exchange saw gains over the week to Sept. 22, while weekly trading volumes decreased. Platts, part of S&P Global Commodity Insights, assessed the September contract up $2.50/mt week on week at $360.50/mt, while the October contract jumped ...Read more -
China’s manufacturing steel demand rebounds in August, further improvement to be modest
China’s manufacturing steel demand rebounded in August and is expected to improve further in September and October on higher seasonal manufacturing activity, but market sources told S&P Global Commodity Insights that overall volume requirements are likely to remain modest amid a weak pr...Read more -
Corrugated Steel Roofing Sheets
Corrugated metal roofing sheets combine high-quality steel with a corrugated design to provide incredible strength. This makes them ideal for both commercial and agricultural buildings, such as warehouses, barns, and stables. They’re also lightweight when compared to many other roofing systems, m...Read more -
Market Movers Asia, Sept. 12-16: Asian thermal coal prices in focus amid strong demand from China, Europe
On this week’s S&P Global Commodity Insights’ Market Movers Asia with Calvin Yap, Associate Editor, Non- ferrous Metals: *Asian traders expect cargoes of the Sokol crude to be offered for loading in the fourth quarter *China’s key steel output and downstream data for August ...Read more -
China’s rising steel output, improving seasonal demand set to keep prices volatile！
Chinese steel prices are likely to remain volatile through September in the wake of strong seasonal demand and low inventories and rising steel production, industry sources said. Crude steel production is expected to increase in September after rebounding in August following two straight months o...Read more -
China’s construction steel demand likely to remain low for rest of 2022
China’s domestic demand for construction steel is likely to remain low for the rest of 2022, market participants told S&P Global Commodity Insights, with the key indicator of excavator sales declining for the fourth straight month in July. China’s domestic excavator sales were dow...Read more -
Chinese steel mills to suspend few production lines in Aug: S&P Global survey！
A few Chinese blast furnace mills are preparing to stop finished steel production lines next month on lackluster demand in domestic and seaborne markets, an S&P Global Commodity Insights survey of 18 major mills across different regions in the country showed July 28. A tight rebar supply-dema...Read more -
What is a galvanized steel pipe?
Galvanized pipe, also known as galvanized steel pipe, is divided into hot-dip galvanizing and electro-galvanizing. The hot-dip galvanizing layer is thick, with uniform plating, strong adhesion and long service life. The cost of electroplating is low, the surface is not very smooth, and its corros...Read more -
China’s Steel Industry Sounds the Alarm Over Crisis Conditions！
China’s steel mills are sounding the alarm over crisis conditions in the industry as margins plunge due to weak demand. The starkest warning yet has come from Hunan Valin Iron & Steel Group, which met this week to discuss the rapid downturn in the sector and the measures it needs to take to e...Read more -
PREPAINTED Galvanized/Galvalume STEEL SHEET & COIL
Protect against corrosion and pick your color with prepainted steel sheet and painted steel coil products from Win Road Steel. Pre-paint steel is a bare metal substrate or corrosion resistant substrate that has had paint applied to both sides through a continuous coil coating process, which produ...Read more -
GALVALUME STEEL COILS (55% AL-ZN COATED STEEL COIL)
The galvalume coating is an alloy consisting of approximately 55% aluminum, 43.4% zinc and 1.5% silicon by weight, which is applied to steel by the continuous hot dip process. Galvalume steel sheet offers the best qualities of aluminum coated (aluminized) and zinc coated steel sheet (galvanized)....Read more
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