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January 2021
28 January 2021
Global crude steel output fell by 0.9% year-on-year to 1.86 billion tonnes in 2020, with an increase in China unable to offset declines across most other major steelmaking nations, the World Steel Association (Worldsteel) has said.
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27 January 2021
China’s steel market participants expect that the country will export more steel in 2021 than in 2020 with the recovery of demand worldwide, Fastmarkets heard on Tuesday January 26.
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25 January 2021
Severe logistical hurdles continue to affect the main seaborne shipping routes out of China, with prohibitively high container freight costs persisting and recent land transport issues adding to the congestion and delays at ports.
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20 January 2021
China’s overall magnesia market was slow over the week to Tuesday January 19 with prices unchanged amid poor end-user demand, while producers started to lower offer prices for some grades of magnesia, sources said.
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19 January 2021
More instances of “fake flake” graphite being sold as genuine material have been reported, especially as large flake sizes. Fastmarkets spoke with market sources to gauge this material’s effect on the market and its uses when sold correctly.
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19 January 2021
The recent surge in container freight costs and limited cargo space are disrupting flows and crushing traders’ profits.
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19 January 2021
Multiple push and pull factors continue to affect supply and demand for chromite, with market participants struggling to see beyond the immediate future.
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19 January 2021
Tighter controls on mining activity in China’s Liaoning province and strict environmental regulations have eased the oversupply of magnesia in the country, stirring up an optimistic price outlook for 2021.
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19 January 2021
Welcome to the January 2021 issue of Metal Market Magazine, where we include an analysis on the soaring freight costs out of China, the uncertain outlook for chromite, a tightening of magnesia supply and a focus on so-called ‘fake’ graphite.
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19 January 2021
Sales of passenger cars in the European Union dropped by 3.27% year on year in December 2020, the European Automotive Manufacturers Association (ACEA) said on Tuesday January 19.
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19 January 2021
China’s crude steel output in 2020 exceeded 1 billion tonnes for the first time with an increase of 5.2%, according to data released by the country’s National Bureau of Statistics on Monday January 18.
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15 January 2021
Turkey’s biggest steel producer, Erdemir, has bought compatriot magnesia producer Kümas, with the sale approved by the Turkish Competition Authority, the steelmaker said on Friday January 15.
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14 January 2021
The Covid-19 pandemic is once again disrupting logistics in China, with authorities reporting the first death in the country since the spring of 2020.
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12 January 2021
ArcelorMittal has restarted one of its sinter plants at Gijon in Spain's Asturias region after nine months of downtime.
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06 January 2021
China’s magnesia export market has remained quiet, with few new deals reported this week because most market participants were just back from New Year holidays, although market sentiment remained upbeat due to tight supply.
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05 January 2021
China, which is finalizing a new masterplan that will form the core of its policies for the ferrous sector in its 14th Five-Year Plan, is seeking input from steel market participants, its Ministry of Industry & Information Technology (MIIT) said on December 31.
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04 January 2021
Exports of dead burned magnesia (DBM) rose in November year on year due to increasing demand from overseas buyers, while caustic calcined magnesia (CCM) and fused magnesia (FM) exports declined.
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04 January 2021
View the Fastmarkets holiday pricing schedule for 2021 and 2022.