Industry News

China’s iron ore price index slides on Dec 28

Views : 279
Update time : 2020-12-29 18:25:18
According to statistics from the American Iron and Steel Institute (AISI), in the week ended December 26, the production of US’ crude steel totaled around 1.6 million short tons, declining by 1.2% from the same period a week ago and also sliding by 11.8% compared to the same period a year earlier. The capacity utilization rate was 72.3%, decreasing by 0.9% week on week and also going down by 6.2% year on year.

As of the week ended December 26, the production of US’ crude steel amounted to around 78.74 million short tons this year, a year-on-year decrease of 17.7%. The capacity utilization rate was 67.7%, a year-on-year reduction of 12.1%.
Related News
Read More >>
Aluminium sliding that looks like wood? Westlake Royal unveils new designs & colours for its Cedar Renditions™ range Aluminium sliding that looks like wood? Westlake Royal unveils new designs & colours for its Cedar Renditions™ range
Mar .06.2025
Aluminium sliding that looks like wood? Westlake Royal unveils new designs & colours for its Cedar Renditions™ range
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
Mar .06.2025
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns
Mar .06.2025
Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag
Mar .06.2025
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag