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Baosteel Expects infrastructure to Strongly Support China’s Steel Demand in Q4 and 2024

Baosteel Expects infrastructure to Strongly Support China’s Steel Demand in Q4 and 2024

Baoshan Steel (600019.SS) anticipates robust Steel demand in China in the last quarter of this year and the next, driven by traditional and new infrastructure projects, bolstered by recent stimulus measures.
India Criticises Safeguard Measures on Import of Certain Steel Products by EU, UK in WTO Meet

India Criticises Safeguard Measures on Import of Certain Steel Products by EU, UK in WTO Meet

During a meeting of the World Trade Organization's Safeguards Committee, India, Switzerland, Russia, and Japan expressed criticism of the EU and UK's safeguard measures on specific Steel product imports, citing inconsistencies with global trade rules.
India’s Steel use Bucks Global Slump to Rise 15% in First Half

India’s Steel use Bucks Global Slump to Rise 15% in First Half

Indian manufacturing demonstrates robust growth with a strong increase in domestic Steel consumption during the first half of the fiscal year, despite global challenges.
Japanese crude steel output down 1.8 percent in September from August

Japanese crude steel output down 1.8 percent in September from August

Japan's crude steel output declined by 1.8% in September to 7.02 million metric tons (mt), versus August, and fell 1.7% YoY, per the Japan Iron and Steel Federation. Additionally, pig iron production decreased by 5.5% MoM.
CISA mills’ daily steel output down 2.11 percent in mid-October

CISA mills’ daily steel output down 2.11 percent in mid-October

The China Iron and Steel Association reported a 2.11% decline in daily crude steel output of major Chinese steel enterprises in mid-October 2021, compared to early October figures. This follows a 0.81% increase in early October.
EC votes for reusable packaging, less recycled content, a target for bioplastics

EC votes for reusable packaging, less recycled content, a target for bioplastics

The European Parliament Committee voted favorably on amendments to the Packaging and Packaging Waste Regulation, affecting the plastics industry. Important changes include reducing minimum recycled content target for sensitive packaging and excluding single-use bottles from 30% target.
Biodegradables a solution to plastics pollution: former UN official

Biodegradables a solution to plastics pollution: former UN official

Former UN official, Erik Solheim, proposes biodegradable materials as a solution to plastic pollution, during a visit to China's Yunhong Group. Solheim, a campaigner against plastic pollution, encouraged eco-friendly industrial practices.
China Set to Lead acrylonitrile butadiene styrene capacity Expansions in Asia by 2027

China Set to Lead acrylonitrile butadiene styrene capacity Expansions in Asia by 2027

By 2027, China is predicted to dominate acrylonitrile butadiene styrene (ABS) capacity expansions in Asia, accounting for a staggering 96% of additions.
Supply-Demand Disruption Causes the Global Butyl Acrylate Market to Fluctuate

Supply-Demand Disruption Causes the Global Butyl Acrylate Market to Fluctuate

Global Butyl Acrylate prices are fluctuating due to supply-demand disruptions. In Europe, prices surge as Acrylic Acid market supports cost. Higher demand in Paints and Coating sectors pushes distributors to raise quotations.
US Calcium Powder Prices Increase Amid Unprecedented Consumer Demand

US Calcium Powder Prices Increase Amid Unprecedented Consumer Demand

Rising demand from end-user industries like paper, paint, food, and pharmaceuticals, along with supply scarcity, triggered a significant surge in US Calcium Powder prices in October 2023.

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