Ripple effects immediate in other parts of Asia, metals information providers say; circumstances could test the extent of the American steel sector’s decoupling from China. Steelmakers and recyclers ...
Weak domestic demand in China has led to a significant drop in steel rebar and h-beam steel prices, impacting global steel markets. The US construction industry, hampered by high interest rates, is ...
The Construction MMI fell by 5.04% due to sliding steel prices, although there was a slight rebound in H-beam steel and steel rebar prices within the first two weeks of June. Ongoing wildfires in ...
Metal prices advanced across the board on Tuesday, with both precious and base metals recording solid gains amid improving ...
SHANGHAI/SINGAPORE, Aug 12 (Reuters) - Shanghai rebar futures rose for a third straight day on Friday, tracking gains in equities after a volatile week, although caution about the fate of the global ...
SEOUL, Dec 1 (Reuters) - South Korea's third-largest steelmaker Dongkuk Steel Mill <001230.KS> said on Monday it would cut prices of rebar by 11 percent to bring prices of its construction steel in ...
Base metals also strengthened, with zinc climbing 0.80% to $1.40 per pound, aluminum up 0.75% to $1.30 per pound, copper increasing 0.74% to $4.90 per pound, lead rising 0.56% to $0.93 per pound, and ...
According to the SMM survey, the impact from maintenance on construction steel increased during this period (11.8-11.14), mainly due to multiple steel mills in east China conducting maintenance or ...
A monumental day for industrial innovation and sustainable manufacturing unfolded Wednesday in Osceola when Hybar opened of one of the world’s most sustainable rebar mills.
According to the SMM survey, the impact from maintenance on construction steel saw a slight decrease during the current period (11.1-11.7), mainly due to production resumptions at the construction ...