Recently, according to the Indian "Financial Express" report, in the second quarter of this year, India imported 360,000 tons of steel products from China, a 67% increase over the same period last year. In addition, India's imports of steel products from Japan, South Korea and other countries have also increased significantly.

On August 7, a survey released by the Ministry of Economy, Trade and Industry showed that Japanese steelmakers plan to increase crude steel production to 27.07 million tons in the third quarter, up 4.3% year-on-year.

Affected by US steel import quotas, especially for oil-specific pipes, South Korea’s steel pipe exports fell sharply in the first half of the year, making it difficult for the Korean steel pipe industry to obtain new export orders.

Since July, the industry's downstream low inventory pattern, superimposed environmental protection and production restrictions are expected to be gradually released, terminal demand still maintains strong toughness.

In December last year, Shiya Steel took over the non-performing loans of East Asia Steel Corporation and is expected to complete the acquisition of East Asian Steel Corporation by the end of this year.

Recently, POSCO introduced its “Steel Village” project to 193 UN member states at the UN High-Level Political Forum on Sustainable Development hosted by the Korean Ministry of Foreign Affairs, demonstrating its achievement of the UN Sustainable Development Goals (SDG). ) The efforts made. The project was recognized by the United Nations as an outstanding corporate social responsibility project.

A government document shows that India is being hit by a wave of steel from Japanese and South Korean producers. Earlier this year, after US President Trump imposed import tariffs on steel, the Japanese and South Korean steel mills turned their supply back to other destinations.

Liu Zhenjiang, secretary general of China Iron and Steel Association, said in a speech at the 2018 China International Iron Ore and Coking Coal Coke Industry Conference on the 22nd that 2018 is the most stable period of the Chinese steel industry in the 10 years after the financial crisis.

White House spokesman Sanders said on the 15th that even if Turkey releases the American pastor Brunson, the United States will not cancel the import tariff imposed on Turkish steel and aluminum products.

According to a survey by the Ministry of Land, Infrastructure, Transport and Tourism of Japan, the demand for ordinary carbon steel in the Japanese construction industry is expected to fall by 7.8% year-on-year in September this year. From August's data, the demand in September was 1.65 million tons.

Vietnam's customs statistics show that in the first seven months of this year, Vietnam's steel exports reached 3.41 million tons, worth about 2.53 billion US dollars, up 40.4% and 56.3% year-on-year respectively.

According to data released recently by the Korea Iron and Steel Association, in July, South Korea's galvanized steel exports increased by 6.2% year-on-year to 179,100 tons; imports fell by 27.4% year-on-year to 5.04 million tons, but increased by 16.1%.

According to the latest data released by the Japanese Ministry of Finance, Japanese steel imports fell 2.1% year-on-year in July, up 4.7% from the previous month to 688,000 tons.

According to statistics released by the Brazilian Iron and Steel Association (IABr), the consumption of domestic steel products in Brazil was 1.84 million tons in July, an increase of 12.0% year-on-year. The monthly consumption of domestic steel products in Brazil since April 2015 was new.

On August 24th, Nae Hee Han, director of the World Steel Association's economic research and statistics department, said that the World Steel Association will hold a meeting in Brussels on September 10th around the topic “The impact of the circular economy on the steel industry”. In the steel industry to raise awareness of the circular economy.

South Korean steelmaker Posco Steel (POSCO) said on Monday it plans to more than double its investment spending over the next five years to 45 trillion won to enhance the company's competitiveness.

According to the sales data of 12 member companies released by the Tokyo Steel Sales Federation, in July, Japanese steel plate sales were 36,700 tons, an increase of 0.2% from the previous month; steel inventory was 61,600 tons, down 2.2% from the previous month, for 5 consecutive years. For the first time since the month, the chain has fallen.

According to data released by the Japan Iron and Steel Federation on Friday, Japan's steel exports in July rose 2.3% year-on-year to 3.03 million tons, but fell 3.6% from June.

According to foreign media reports, Argentine President Mauricio Macri said on Monday that the government has imposed export tariffs on all goods, including steel, to curb the excessive growth of exports due to the depreciation of the domestic currency last week.

On September 3, South Korea's Posco announced that it will invest 45 trillion won (about 40.3 billion US dollars) in the next five years to upgrade its steel facilities and develop its future business.

According to Xinhua News Agency on September 5, Hanoi, the Vietnam Iron and Steel Association said on Wednesday that the cumulative import of Vietnamese steel products in the first eight months of this year reached 9.3 million tons, down 11% year-on-year; the total amount totaled 6.7 billion US dollars, up 10.2% year-on-year.

As early as four years ago, according to the statistics of the South African National Industrial Development Corporation (IDC), South Africa's steel production at that time could meet domestic consumption, but by 2020, even the most conservative forecast, consumption will reach 10 million tons. Exceeded the crude steel output at that time.

Vietnam Iron and Steel Association said on Wednesday that the cumulative imports of Vietnamese steel products in the first eight months of this year reached 9.3 million tons, down 11% year-on-year; the total amount totaled 6.7 billion US dollars, up 10.2% year-on-year.

According to data released by the Japan Iron and Steel Federation on Friday, Japan's steel exports in July rose 2.3% year-on-year to 3.03 million tons, but fell 3.6% from June.

In August of this year, South Korea's hot-rolled stainless steel plate exports exceeded 70,000 tons, which is the fourth month of this year, exports exceeded 70,000 tons.

As one of the pillar industries of the Indian economy, the steel industry accounts for 2% of India's GDP. India is also the world's third largest steel producer.

In August of this year, South Korea's hot-rolled stainless steel plate exports exceeded 70,000 tons, which is the fourth month of this year, exports exceeded 70,000 tons.

Foreign media quoted government documents and people familiar with the matter on Wednesday saying that the Indian Ministry of Steel has proposed to increase the effective import tax rate for some steel products from the current 5-12.5% to 15%.

On September 19, according to Indian media Hindu Business Line, Moody's Investment Company (American business and financial services company) said that India will be the fastest growing country in the global steel industry in the next 12-18 months.

Since South Korea's Posco has announced a large-scale investment plan of 45 trillion won (about 40.3 billion US dollars) in early September, the company's share price has continued to fall. As concerns about possible cuts in dividends have intensified, investors have sold Posco's shares.

On September 24th, Ukrmetallurgprom, the Ukrainian local steel manufacturer's union, said that Ukraine's steel production in January-August increased by 4% to 12.27 million tons.

In August 2018, the global crude steel output of 64 countries included in the World Steel Association statistics was 151.7 million tons, up 2.6% year-on-year.

In August, South Korean steel pipe exports were affected by the sharp decline in US steel import quotas. Exports fell to 146,600 tons from 247,900 tons in the same period last year, down 53.8% year-on-year.

According to the latest data from the Brazilian Iron and Steel Association (Aco Brasil), Brazil's crude steel output fell by 3.7% year-on-year in August, while apparent consumption rose by 11.4%.

According to the BNAmericas website, Latin America exported steel to the United States in August, with both Brazil and Mexico showing growth.

According to the BNAmericas website, Latin America exported steel to the United States in August, with both Brazil and Mexico showing growth.

According to data from Nippon Steel & Sumitomo Metal Co., Ltd., the inventory of cold, hot coil and coated steel held by Japanese steel mills, distributors and service centers increased by 4.4% to 4.29 million tons last month.

The Turkish Steel Exporters' Association (CIB) said in early October that Turkey's exports of steel products in the first nine months of this year increased by 12.5% year-on-year to 11.4 million tons, and exports amounted to US$11 billion, up 34% year-on-year.

The Ministry of Economy, Trade and Industry of Japan expects that the fourth quarter of Japan's crude steel output will benefit from the strong demand of the domestic automotive industry, industrial and construction machinery industry, and is expected to achieve year-on-year growth.

According to data released by the Ukrainian Steel Manufacturers Union on September 24, from January to August, Ukrainian steel production was 12.27 million tons, up 4% year-on-year; export volume was 10.1 million tons, up 5.2% year-on-year.