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Date:2014/01/10
Chinese steel futures drifted to near contract lows on Thursday, as poor demand in the world'stop consumer weighed on prices.The most-traded May rebar contract on the Shanghai Futures Exchange ended 0.2 percent lower at 3,456 yuan a tonne, not f...
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Date:2014/01/23
Japan’s export prices of wire rod produced by blast furnace mills remained unchanged for March shipments. However, the price has been increased by US$20~US$30/ton for January and February shipment. The reason for price unchanged is that Chinese steel...
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Date:2014/01/09
The Korean steelmaker Hyundai Steel said that it will start construction of new specialty steel long products plant at its Dangjin works from April 1st. Hyundai Steel expected to complete the construction by October 31st, 2015.It’s learned that Hyund...
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Date:2013/12/27
Its’ reported that the Japanese largest stainless producer Nippon Steel & Sumikin Stainless (NSSC) said that it has won an order from Kuwait’s Ministry of Electricity & Water to supply around 4,300 tons of ASTM S32304 and S31803 grade duplex ...
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Date:2014/01/22
It’s reported that the Japanese steelmaker Tokyo Steel announced that it will remain prices flat for February contracts. Tokyo Steel will keep size extra charges for some H-beams, channels and rebar. The price of H-beam will be at ￥80,000/ton, I-beam...
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Date:2014/01/08
According to the latest data from the secretary of foreign trade, Secex, the country’s export values generated by iron ore totaled US$3.21 billion in December, increasing by 12.4% year on year.In December, the country’s iron ore exports totaled 31.80...
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Date:2013/12/26
According to statistics released by the Argentine Iron &Steel Institute, the country’s output of steel products totaled 469,000 tons in November, soaring by 18.7% in comparison of 395,400 tons in the same month of 2012.In the January-November per...
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Date:2014/01/21
According to report, Russian Evraz said it would raise the output of its European steelmaking division in the first quarter.As its Italian mill Palini e Bertoli, which has been stopped production since August 31, it would be kept closed in the first ...
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Date:2014/01/07
According to the latest data from the secretary of foreign trade, Secex, Brazil’s exports of semi-finished steel products totaled 376,600 tons in December, decreasing by 13% from a month ago.In December, the country’s export revenues generated by sem...
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Date:2013/12/26
According to data released by the Japan Iron & Steel Federation (JISF), the country’s shipments of cold rolled (CR) sheets and strips totaled 5.45 million tons in the January-October period, down by 1.12% year on year.Among them, 50% were made to...
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Date:2014/01/20
It is reported that the U.S. Department of Commerce (DOC) reached a preliminary conclusion identifying welded stainless steel pressure pipes exported from Vietnam as being dumped into the U.S. market. The final result is scheduled to be released on M...
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Date:2014/01/06
South Korea’s Posco announced that the company has started the operation with an annual capacity of 300,000 tons of cold rolled non-directional electric steel sheets plant in India's Maharashtra state. The plant has begun production In August 20...
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Date:2013/12/25
It’s reported that Gerdau Long Steel North America announced to raise its prices for rebar, merchant bars and beams.The company decided to hike its prices for rebar and merchant bars by US$10/short ton. It also increased beam product prices by US$5/s...
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Date:2014/01/17
India's NMDC announced to keep its iron ore lumps and fines flat for January.The company’s price of for lumps will be staying at Rs4,500/ton and Rs2,810/ton for fines.NMDC produced around 20.17 million tons of iron ore during the nine months of ...
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Date:2014/01/03
JSW Steel, Indian-based steel company, announces to launch automobile steel plate production line with annual capacity about 2.3 million tons in March 2014. The company will become the first commercial production scale automotive steel mills in India...
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Date:2013/12/24
According to statistics released by the Latin American Steel Association (Alacero), Latin America’s apparent steel consumption totaled 6.089 million tons, rising by 8% year on year.In the January-October period, the region’s apparent steel consumptio...
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Date:2014/01/16
It’s reported that Gerdau Long Steel North America announced to raise its prices for rebar, and merchant bars.The company decided to hike its prices for rebar and merchant bars by US$30/short ton. Besides, the price rise is effective with all new ord...
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Date:2014/01/03
India's Tata Steel has announced to commission an annual capacity of 6 million tons of steel project in Odisha, which will be put into production in March 2015. The company said the phase one project of the plant is about INR 25,164 crore. Tata ...
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Date:2013/12/23
According to data released by the Japan Iron & Steel Federation (JISF), the country’s crude steel production totaled 9.26 million tons in November, down by 2.8% from a month ago while soaring by 8.9% year on year.It’s analyzed that the country’s ...
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Date:2014/01/15
Global steel output is expected to increase by 3.6% this year, according to “Financial Times”.The steel production in Europe will be started its upward trend, with a 2.4% growth year-on-year. However, China’s steel production is expected to rise by j...