News

EU steel consumption set to recover in 2021, Eurofer says

Demand for steel in the European Union is expected to rebound by 13.3% year on year in 2021 after a 13% slump in 2020, the European steel association Eurofer said this week.

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Australia probes Vietnamese steel exporters for dumping

Australia has initiated an investigation into Vietnamese coated steel for dumping and subsidization between April last year and March this year.

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Steel prices could peak in 2021: report

With demand forecast to grow 8 percent, steel prices could hit a four-year peak this year before falling as global demand stabilizes, experts say.

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Steel prices are up 200%. When will the bubble pop?

Since March 2020, steel prices are up a staggering 215%. The benchmark price for hot-rolled steel hit another all-time high last week, climbing to $1,825

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Vietnam's steel industry remains attractive in second half year 2021

According to Mirae Asset Security (Mirae Asset), Vietnam's steel industry in the second half of 2021 is still attractive, with a valuation 20 per cent lower than the region.

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