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Date:2013/10/30
Reportedly, SSAB Americas announced to raise its heavy plate prices further by US$20/short ton, supported by strong demand.It’s learned that SSAB Americas’ received orders increased after the company announced to hike its heavy plate prices on Octobe...
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Date:2013/10/25
Krakatau Posco, the joint venture built by the Korean steelmaker Posco and Indonesia-based state-run steel company PT Krakatau Steel has started producing coke in Indonesia in early October.It’s known that the Posoc and PT Krakatau Steel jointly star...
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Date:2013/10/22
According to a report released by Alacero on Monday, finished steel apparent use in Latin America and the Caribbean reached 44.9 million tons from January to August 2013, similar to the same period of 2012. Finished steel production increased 1 perce...
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Date:2013/10/30
Russian MMK Group announced that its crude steel production totaled 2.874 million tons in the third quarter of this year, decreasing by 7% from a quarter ago.Meanwhile, the company’s finished steel output in the third quarter totaled 2.64 million ton...
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Date:2013/10/24
According to report released by Germany-based service center Damstahl, Europe’s stainless crude steel output totaled 4.4 million tons in January-July period, down by 5% year on year.In the given period of time, the stainless steel production in Germa...
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Date:2013/10/21
According to data released by the Brazilian foreign trade ministry (Mdic), the country’s imports of seamless steel tubes totaled 7,974 tons in September, slumping by 39% from a month ago.China was the largest exporter of seamless steel tubes to Brazi...
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Date:2013/10/29
According to data released by the Turkish Statistical Institute (TUIK), the country’s exports of hot rolled coils (HRC) totaled 54,616 tons in August, soaring by 73.48% year on year but falling by 42% from a month ago.Meanwhile, the country’s HRC exp...
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Date:2013/10/24
According to the Association of Ukrainian Ferroalloy Producers (UkrFA), the country’s ferroalloy production totaled 623,500 tons in January-September period, slumping by 22.4% year on year.In the first nine months, Nikopol Ferroalloy Plant, the large...
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Date:2013/10/21
Reportedly, the Korean steel giant Posco is going to finalize the price negotiation with the major buyers for the third-quarter hot rolled coil (HRC) prices.It’s said that Posco has sought to hike HRC prices by around KRW30, 000/ton due to increase s...
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Date:2013/10/29
According to report, Russian major steelmakers, members of the umbrella organization Russian Steel, said in the statement that they have kept cutting output and sales on “continuing world financial crisis.Steelmaker members include Evraz, Severstal, ...
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Date:2013/10/24
According to data released by the Turkish Statistical Institute (TUIK), the country’s scrap imports totaled 1.468 million tons in August, falling by 15.57% year on year.Meanwhile, the country’s import values generated by scraps totaled US$524 million...
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Date:2013/10/21
Reportedly, SSAB Americas announced to raise its base transaction prices for plate products by US$30/ton, effective immediately.The price rise will be applied to all new orders of rolled carbon and high-strength low-alloy steel, normalized plate, all...
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Date:2013/10/28
UK-based London Mining, a global diversified miner targeting the steel sector, has announced that it has been granted an exclusive 30-year exploitation license for its wholly-owned Isua iron ore project in Greenland. The Isua project with a 1 billion...
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Date:2013/10/23
It’s reported that Japan’s Tokyo Steel announced to hike its profile steel prices by ￥2,000/ton for November while its remain prices for other steel products unchanged.After the adjustment, its prices for rebar with diameter of 16mm-25mm are at ￥60,0...
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Date:2013/10/18
According to the State Statistics Committee of Russia (Russtat), the country’s exports of semi-finished steel totaled 9.61 million tons in the first nine months of this year, falling by 15.3% year on year.In September, the country’s exports of semi-f...
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Date:2013/10/28
Baker Hughes reported that for the week ending October 25, the US rig count declined by one to 1,738, compared to a four-rig decrease the previous week. The rig count was down by 88 from 1,826 rigs during the same week a year ago. The oil...
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Date:2013/10/23
Currently, the Korean steelmakers Posoc and Hyundai Steel have both cut its export prices of hot rolled coils (HRC) to US$560/ton FOB from US$570~US$580/ton FOB in September, affected by decreased HRC export prices offered by Chinese steelmakers.It’s...
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Date:2013/10/18
According to Metals Service Center Institute, the US service centers shipped 121,700 tons of aluminum products in September, rising by 8.2% year on year.In the first nine months of this year, the US steel service centers’ shipments of aluminum produc...
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Date:2013/10/28
According to a release from the US Census Bureau Friday, new orders for manufactured durable goods in September increased $8.2 billion or 3.7 percent to $233.4 billion. This increase, up five of the last six months, followed a 0.2 percent August incr...
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Date:2013/10/23
According to data released by the Newcastle Port Corporation, coal shipments made from the Port of Newcastle totaled 3.19 million tons in the week ended on October 14th, rising by 6.5% from a week ago.In October 1-14 period, the Port of Newcastle’s e...