ENTITY

Steel (STEEL COMDTY)

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Analysis
Materials • United States
Steel is an alloy of iron and other elements, primarily carbon, that is widely used in construction and other applications because of its high tensile strength and low cost. Steel's base metal is iron, which is able to take on two crystalline forms (allotropic forms), body centered cubic (BCC) and face centered cubic (FCC), depending on its temperature. It is the interaction of those allotropes with the alloying elements, primarily carbon, that gives steel and cast iron their range of unique properties. In the body-centred cubic arrangement, there is an iron atom in the centre of each cube, and in the face-centred cubic, there is one at the center of each of the six faces of the cube. Carbon, other elements, and inclusions within iron act as hardening agents that prevent the movement of dislocations that otherwise occur in the crystal lattices of iron atoms.
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bearish•Steel
•04 Apr 2024 13:16•Syndicated

China to Limit Steel Output as Prices Slide and Demand Falls

Chinese authorities are to limit steel production while pushing forward industrywide structural adjustments as steel mills suffer from growing...

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bearish•Steel
•26 Apr 2022 12:41•Syndicated

China’s Steel Industry Is In for Slower Growth, Ministry Official Says

China’s steel market has entered a period of slower growth due to weakened supply and demand from domestic Covid-19 flare-ups and conflicts...

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bearish•Angang Steel
•02 Oct 2018 17:05

Supply-Side Discipline Eased; Pricing & Profits to Suffer

INVESTMENT VIEW: Beijing will not renew significant cuts to steel production and coal usage this winter. Industry contacts forecast this will...

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•04 Jul 2018 19:31

Promising High Correlation of 84% - Steel Company Profitability Vs Steel and Raw Material Prices

Profit figures of the steel companies are highly correlated with the prices of Steel and the prices of its raw materials. Steel profitability is...

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