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Date:2014/01/02
According to Indonesian government, Indonesia will sharply curtail its metal ore production due to ore export ban effective since Jan 2014. Also, mining companies have to process ore before export since January 12 in order to enhance the export price...
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Date:2013/12/23
According to data released by the Turkish Statistical Institute (TUIK), the country’s imports of seamless steel pipes totaled 17,660 tons in October, rising by 5% year on year.In October, China was the largest exporter of seamless steel pipes with 10...
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Date:2014/01/14
It is reported that Mexico’s Ministry of Economy has finished an investigation against steel plate imports from Russia and Ukraine. The investigation follows a complaint filed by Mexican steelmaker AHMSA on 25th of February, 2013.It was published in ...
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Date:2013/12/31
Every employer annually plans the number of personnel when making plans for the year, same as ArcelorMittal Temirtau. The Company is going to reduce 2,500 jobs in 2014 and has approved 12,028 employees for 2014. This planned layoffs seemed like an at...
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Date:2013/12/20
Colombia Foreign Trade Department of Trade and Industry Ministry announced on December 9, 2013, to extend the temporary anti-dumping measure against steel wire from China by two months. While the Provisional anti-dumping tax rate remains unchanged. T...
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Date:2014/01/13
According to statistics released by the US Department of Commerce (DOC), the country’s imports of stainless steel products totaled 100,628 tons in December, jumping by 46.4% from a month ago.Meanwhile, this was the highest level since January, 2013.A...
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Date:2013/12/30
Taiwanese Feng Hsin has announced to keep its wire rods and steel bars price flat for next January yesterday.After the announcement, Feng Hsin's new base price for ASTM A1008 Al-killed steel will stay at NT$20,400/ton but the actual selling pric...
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Date:2013/12/20
According to BHP Billiton said that based on security consideration which would suspend the Perseverance of underground operations at the mine. In October this year in nickel mine in Western Australia was a minor earthquake and may have an impact on ...
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Date:2013/12/19
It’s reported that the US International Trade Commission (ITC) determined to continue antidumping (AD) and countervailing (CVD) duties on hot rolled coils (HRC) from six countries, including China, India, Indonesia, Taiwan, Thailand and Ukraine.The I...
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Date:2013/12/19
According to data released by the Korea Iron & Steel Association (Kosa), the country’s exports of hot rolled coils (HRC) totaled 417,800 tons in November, soaring by 23% year on year.It’s analyzed that the surge in HRC exports was boosted by extr...
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Date:2013/12/18
According to data, Japan’s exports of hot rolled coils (HRC) totaled 867,428 tons in October, down by 2% from a month ago but rising by 8.3% year on year.Meanwhile, the country’s HRC export prices averaged at US$596.2/ton FOB in October, rising by 3....
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Date:2013/12/12
Reportedly, the Brazilian mining giant Vale is planning to reduce costs and decrease capital spending by selling its minority interest of a 26.9% stake in its business of steel, coal and fertilizer in CSA Plant.The Plant is majority-owned by ThyssenK...
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Date:2013/12/18
According to data released by the Brazilian foreign trade ministry, Mdic, the country’s imports of seamless steel tubes totaled 10,579 tons in November, slumping by 21% from the previous month.China was the largest supplier of seamless steel tubes wi...
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Date:2013/12/11
According to data released by the Turkish Statistical Institute (TUIK), the country’s imports of stainless steel coils totaled 39,632 tons in October, decreasing by 5% from a month ago but jumping by 43% year on year.Meanwhile, the country’s import v...
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Date:2013/12/17
Reportedly, steel export prices in the CIS countries are in divergent trends with long steel products sliding, steel billets stable, and finished flats climbing.Market for finished longs is dull. Rebar is mostly traded in between US$545/ton to US$560...
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Date:2013/12/11
It’s reported that the rebar transaction activity was going slowly in the Taiwanese market in the past four weeks.However, since most of end buyers have run out of rebar stocks and global scrap price has kept rising, it caused Taiwanese local buyers ...
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Date:2013/12/17
Feng Hsin, one of the major electric furnace mills in Taiwan, has announced the company will hike its price for rebar, and scrap collection by NT$200/ton and steel section by NT$300/ton in this week. This is the first time that Feng Hsin to rise its ...
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Date:2013/12/10
According to data released by the Chilean construction chamber (CChC), the country’s domestic rebar shipments totaled 53,269 tons in October, jumping by 30.5% from a month ago but slumping by 17.3% year on year.In the January-October period, the ship...
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Date:2013/12/16
According to statistic released by the Turkish Statistical Institute (TUIK), the country’s imports of stainless steel flat products totaled 39,637 tons in October, falling by 4.95% from a month ago but soaring by 42.19% year on year.The country’s imp...
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Date:2013/12/09
It’s reported that the scrap price is expected to rise by US$20/ton in the US domestic market in December, driven by the increased rebar prices.In fact, the US scrap suppliers previously predicted that the US scrap prices might increase slightly by U...