Investment in industries with excess capacity dropped sharply The steel industry investment fell by

Recently, the ministry of industry and information technology released "2014 China's industrial economic operation in the first half of the report pointed out that in the first half, China's industrial economic operation overall smooth, steadily push forward structural adjustment, but the stability to the good foundation is not solid, the downward pressure is still large. Among them, the mining industry profits fell 14.6% year on year.

Japan steel scrap export markets at an impasse

Due to large suppliers and buyer the difference between the bid and Japan scrap export markets at an impasse.

India released a tax on import seamless tube and hollow profiles safeguards public announcement

On August 13, 2014, the Indian consumption tax and customs of the central committee's announcement, according to accept the Treasury bureau safeguard measures on imported iron, alloy, or the alloy steel (not cast iron and stainless steel seamless tube and hollow profiles to make the final safeguard measures, the first year (August 13, 2014 - August 12, 2015) was 20% (AD valorem tax), the second year (August 13, 2015 - August 12, 2016) was 20% (AD valorem tax), the third year (August 13, 2016 - o

The U.S. steel mills may be an increase in the price of medium plate

Downstream demand is weak Rebar to new lows

The recent decline fierce black industry chain, rebar, iron ore, coke, coking coal since going public all hitting a new low. From the technical side, running down along the rebar has dropped below enclosure, continue downward pressure is still large. Fundamentally, the demand of the "golden nine silver ten" release or difficult and expectations, demand side cannot support steel prices rebounded sharply.

The European Union orientation silicon electrical steel anti-dumping investigation on China

On August 14, 2014, The European Steel industry Association, The European Steel Association (' EUROFER)), The European union to native to China, Japan, South Korea, Russia and The United States initiated an anti-dumping investigation against The orientation of silicon electrical Steel. Products involved in the European Union under the tariff code ex72251100, ex72261100 merger. In this case, the eu's preliminary selected South Korea as the country of the normal value of the products involved in