India’s export of finished steel slumped by 25.2 per cent to 0.558 million tonnes (MT) during April 2018, according to a report. The country had exported 0.746 MT finished steel during the same month a year ago, the Joint Plant Committee (JPC) said it its latest report. The JPC, under Ministry of Steel, is the […]
Category: News
Port Talbot Workers On Trump Steel Tariffs: ‘This Could Be Serious’
The escalating trade war started by Donald Trump could mean fresh financial woes for Britain’s biggest steel plant, less than 18 months after workers agreed to pension benefit cuts to save the Port Talbot works. From 1 June, the US president imposed a 25% tax on steel and a 10% tax on aluminium from the […]
Iron Ore Gets A Boost From Stronger Steel Prices In China
Iron ore prices rose last week, supported by strength in Chinese steel markets. According to Metal Bulletin, the spot price for benchmark 62% fines rose 0.7% to $67.23 a tonne, largely reversing much of the 1% decline seen a day earlier. As seen in the chart below, the benchmark has been stuck in a narrow […]
CARES Releases A New Product Certification Schedule For Hot Rolled Flat Steel Products
CARES has released a new quality and operations assessment schedule for hot rolled flat steel products for the steel construction and industrial applications under Construction Products and Associated Services (CPAS) Scheme. As with all CARES certification services this new schedule is UKAS accredited and the latest CARES schedule of accreditation can be assessed from the […]