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NMDC: Steady steel demand, increasing iron ore volumes key growth drivers
The steel demand in India continues to grow and is expected to increase by 5 per cent in FY19.....»»
Olympic Steel Inc.: Strong Outlook Amid High U.S. Industrial Demand
Olympic Steel Inc.: Strong Outlook Amid High U.S. Industrial Demand.....»»
Commodities Corner: Iron-ore prices hit record high with appetite for steel ‘far beyond expectations’
Iron ore logs its highest price on record Thursday, buoyed by an insatiable demand for steel in China......»»
Futures Movers: Oil edges lower as worries grow over demand outlook
Oil futures edge lower in choppy trade Monday as COVID-related fears over the demand outlook remain in focus......»»
Steel Dynamics CEO says steel demand remained robust in Q1
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Commodities Corner: China’s pollution reduction efforts look set to disrupt iron ore’s rally
China’s efforts to drastically reduce pollution levels could lead to lower demand for iron ore, a raw material for the steel industry, which is a big source of the nation’s harmful emissions......»»
U.S. Steel "bullish" on steel consumer, infrastructure demand for Q1
U.S. Steel Corp. on Friday called for "significant earnings growth" in its first quarter thanks to more demand and a "well timed" acquisition. The steel producer guided for first-quarte.....»»
Taiwan PCB makers to embrace bright prospects for 2021
Taiwan-based PCB makers are expected to see their combined output value grow further in 2021, driven by strong demand for IC substrates, HDI boards and flexible PCBs, according to market sources......»»
Steel Dynamics CEO says seeing strong steel demand environment
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Steel Dynamics stock rises after upbeat fourth-quarter profit outlook
Shares of Steel Dynamics Inc. rose 0.8% in premarket trading Thursday, after the steel producer provided an upbeat fourth-quarter profit outlook, as significant price increases for flat.....»»
US Steel expects to lay off 2,700, idle Gary blast furnace as coronavirus reduces demand
U.S. Steel expects to lay off .....»»
U.S. Steel continues to monitor demand levels amid coronavirus outbreak
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Construction spending to grow modestly in 2020, predicts JLL’s annual outlook
Nonresidential construction spending, which rose by 3.5% in the second half of 2019, is expected to increase in 2020, albeit at a modest 2% clip, with demand projected to weaken as the year goes on. In its Construction Outlook f.....»»
Reliance Steel"s stock suffering biggest drop in nearly 9 years after downbeat outlook trumps dividend hike, profit beat
Shares of Reliance Steel & Aluminum Co. tumble 8.7% toward a four-month low in afternoon trading Thursday, putting them on track for the worst one-day p.....»»
Reliance Steel "cautiously optimistic" that 2020 demand will strengthen
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero
China Is Disintegrating: Steel Demand, Property Sales, Traffic All Approaching Zero .....»»
Why ArcelorMittal Will Trade Higher
Optimistic outlook for steel and a joint venture in India are the catalystsRelated Stocks: MT,.....»»
Mitsui CFO: China virus outbreak may slow manufacturing activities of autos and others
Japanese trading house Mitsui & Co Ltd sees China's outbreak of a new coronavirus may slow manufacturing activities in automobile and other sectors, and possibly reduce steel product demand, the company's executive said on Tuesday......»»
China 2019 crude steel output jumps 8.3%, sets second straight annual record
Crude steel production in China climbed to a record just shy of 1 billion tonnes in 2019, boosted by a resilient property market and robust demand as Beijing beefed up infrastructure spending in a bid to weather a slowdown in economic growth......»»