From the Field to the Dashboard – Built by Experts, for Experts.
Discover What's Really Happening in the Steel Industry
Use the AI-powered search engine to analyze production activity, market trends, and news faster than ever before.
Try the Free AI Search EngineAsia Steel Market Poised for Growth Amid US-India Trade Talks, Plant Activity Signals Expansion
Asia’s steel market shows positive momentum as trade negotiations and increased steel plant activity suggest potential growth. “Trade Talks ‘Positive’, Says US Embassy After Chief Negotiator Lynch Meets Indian Counterparts” and “Trade Agreements With US And EU Next Big Steps For India’s Growth, Says Arvind Panagariya” indicate progress toward trade agreements, though potential headwinds exist due to US tariffs. No direct correlation to specific plant activity levels could be established based on these two articles.
Steel Plant Activity (Monthly Aggregated Activities in %)
The mean steel plant activity in Asia showed volatility, peaking at 43% in May before declining to 31% by September. Bengang Steel Plates Co., Ltd. maintained a consistently high activity level around 50%. Dongkuk Steel Incheon steel plant experienced a steady decline from 23% in April to 14% in September. Kardemir Celik Sanayi Izmir steel plant consistently increased its activity, reaching 100% in September, significantly above the Asian mean. No explicit connection between news articles and the observed monthly mean activity could be established.
Bengang Steel Plates Co., Ltd.
Bengang Steel Plates Co., Ltd., located in Liaoning, China, is an integrated steel plant with a crude steel capacity of 12.8 million tonnes and an iron capacity of 10.34 million tonnes, primarily using BF technology. They produce finished rolled products like automotive, home appliance, oil pipeline, and container plates. Activity has been consistently high at around 50% from March to September. No direct impact from news events “Trade Talks ‘Positive’, Says US Embassy After Chief Negotiator Lynch Meets Indian Counterparts”, “Trade Agreements With US And EU Next Big Steps For India’s Growth, Says Arvind Panagariya”, “Trump’s new $100,000 visa fee sets off panic and confusion“, “India Seeks People Access In US Trade Talks After H-1B Visa Row“, “HSBC’s Pranjul Bhandari Says Undervalued Indian Equities Need These Triggers For Rebound” on Bengang Steel Plates activity could be explicitly established.
Dongkuk Steel Incheon steel plant
Dongkuk Steel Incheon steel plant, located in the Seoul National Capital Area, South Korea, operates with an EAF-based production route. Its crude steel capacity totals 2.2 million tonnes and focuses on rebar production for various end-user sectors. The plant’s activity has decreased from 23% in April to 14% in September. No direct impact from news events “Trade Talks ‘Positive’, Says US Embassy After Chief Negotiator Lynch Meets Indian Counterparts”, “Trade Agreements With US And EU Next Big Steps For India’s Growth, Says Arvind Panagariya”, “Trump’s new $100,000 visa fee sets off panic and confusion”, “India Seeks People Access In US Trade Talks After H-1B Visa Row”, “HSBC’s Pranjul Bhandari Says Undervalued Indian Equities Need These Triggers For Rebound” on Dongkuk Steel Incheon steel plant activity could be explicitly established.
Kardemir Celik Sanayi Izmir steel plant
Kardemir Celik Sanayi Izmir steel plant, situated in İzmir, Türkiye, has a crude steel capacity of 1.25 million tonnes, utilizing EAF technology. Its activity levels have consistently increased, reaching 100% in September. This suggests that it is operating at full capacity. No direct impact from news events “Trade Talks ‘Positive’, Says US Embassy After Chief Negotiator Lynch Meets Indian Counterparts”, “Trade Agreements With US And EU Next Big Steps For India’s Growth, Says Arvind Panagariya”, “Trump’s new $100,000 visa fee sets off panic and confusion”, “India Seeks People Access In US Trade Talks After H-1B Visa Row”, “HSBC’s Pranjul Bhandari Says Undervalued Indian Equities Need These Triggers For Rebound” on Kardemir Celik Sanayi Izmir steel plant activity could be explicitly established.
Evaluated Market Implications
While trade talks are ongoing, the potential disruption related to visa restrictions, as highlighted in “Trump’s new $100,000 visa fee sets off panic and confusion” and “India Seeks People Access In US Trade Talks After H-1B Visa Row,” could influence demand from key sectors like IT and construction.
Procurement Actions:
* Steel buyers should monitor the progress of US-India trade talks, specifically regarding visa regulations, as any restrictions could impact construction projects reliant on skilled labor, potentially affecting rebar demand, particularly for the building and infrastructure sector, as a key end-user for Dongkuk Steel Incheon steel plant.
* Given that Kardemir Celik Sanayi Izmir steel plant is operating at full capacity, and no direct impact from news events could be established, procurement professionals relying on this plant should secure long-term supply contracts to avoid potential supply shortages.