Steel

12 posts · Page 1 of 2

Weak demand hits Chinese rebar margins

Weak demand hits Chinese rebar margins

Steel margins in China remain under pressure as the country's infrastructure and property construction sectors continue to show weakness. In addition, demand for Chinese steel e...

British Steel signs GBP70m Nigerian contract

British Steel signs GBP70m Nigerian contract

The agreement will see British Steel supply 120,000t of steel to support modernisation projects at Tin Can Island and Lagos Apapa port. The contract is for 140mm rebar-type grad...

India's GST reduced to ease construction costs

India's GST reduced to ease construction costs

The government has reduced the GST on cement from 28 to 18 per cent, effectively reducing the cost of one of the key building material inputs. It is expected that the step will ...

China steel sees biggest fall in 10 months

China steel sees biggest fall in 10 months

The drop sees 1H25 production three per cent lower than last year and at its weakest since 2020, according to the National Statistics Bureau. By comparison, cement output fell 5...