In the first quarter of 2026, mining company Rio Tinto increased its total iron ore production by 12% year-on-year – to 82.8 million metric tons, according to a report. Production in the Pilbara region…
Goldman Sachs on Tuesday maintained its forecast for the copper price to average $12,650 per metric ton this year and its estimate of a 490,000-ton 2026 surplus for the metal.
Inventories of the five major carbon steel products held by the Chinese steel mills sampled in Mysteel's regular survey declined over April 10-16 to 4.71 million tonnes, slipping for the fifth consecutive…
China is stepping up efforts to combat “involution”-style competition in its steel sector. This was stated by Xia Nong, vice president of the China Iron and Steel Association (CISA), at a conference on…
In January–March 2026, China reduced its steel exports by 9.9% year-on-year, to 24.71 million tons. This was reported by the China Iron and Steel Association (CISA), citing data from the customs service.
Steel demand in China is expected to decline by 1.5% in 2026 as the housing market correction nears its bottom. Infrastructure investment in the country is expected to increase this year thanks to efforts…
Japan's steel industry will experience a slow first quarter of the country's new fiscal year from April 1, with demand seen falling by 1.5% from April-June last year and steel production dipping by 0.7%…
U.S. steel imports edged up to around 1.53 million tonnes in February, an increase of 26,753 tonnes or 1.8% from January but a decline of 509,773 tonnes or 25% from a year earlier, according to data released…
China's crude stainless steel production rebounded significantly in March from February as mills resumed normal operations following the Chinese New Year holiday, Mysteel's latest survey results show.…
U.S. steel producer Nucor has raised its spot consumer price (CSP) for hot-rolled coil (HRC) by $5 per short ton compared to the previous week. This was announced in a letter from the company to its customers…
Ongoing turmoil in the Middle East is creating a significant steel billet supply gap and driving up regional shipping and logistics risks, pushing import costs for Southeast Asia higher by more than 20%,…
U.S. steel producer Nucor has again raised its spot consumer price (CSP) for hot-rolled coil (HRC) by $10 per short ton compared to the previous week. This was announced in a letter from the company to…
