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Date:2013/07/31
Charlotte, North Carolina-based Midrex, a world’s reputable company provides innovative design technology solutions for the direct reduction of iron ore has collaborated with JSW Steel to upgrade natural gas supply for production of direct reduced ir...
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Date:2013/07/26
AK Steel announced that its shipments of stainless and electrical sheets totaled 215,100 short tons in the second quarter of this year, lower than 227,500 short tons in the same period of a year ago, due to oversupply, falling raw material prices and...
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Date:2013/07/30
Brazilian steelmaker Usiminas said it may not raise the steel price again in the short term after it lifted up prices twice this year. The company will adjust the price by following the change in the international market.The company said that though ...
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Date:2013/07/25
It’s reported that Korea’s Posco P&S purchased Shindachi scraps and P&S scraps from Japan with prices of ￥37,000/ton C&F and ￥36,500/ton C&F respectively.Besides, Hyundai Steel also purchased Japanese Shindachi scraps with prices of ￥...
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Date:2013/07/30
Korean steelmaker Dongbu Steel’s sales of cold rolled (CR) steel products totaled 192,000 tons in June, falling by 3.6% from a month ago but rising by 2.9% year on year.Among them, 105,200 tons were made to domestic market, falling by 10.5% and 86,80...
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Date:2013/07/25
It’s reported that three major steelmakers in North America announced to raise prices for section steel products further by US$30/ton. Also, the steelmakers have hiked prices of section steel products for consecutive three times over the past two mon...
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Date:2013/07/30
According to statistics, the EU’s steel pipe output decreased by 6% year on year in the first quarter of this year, caused by soft demand from downstream buyers and sluggish steel pipe market.It’s learned that the market demand for large-diameter ste...
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Date:2013/07/25
Japan’s Tokyo Steel announced that its net profits totaled ￥865 million during April through June, 2013, in comparison of net loss of ￥6.014 billion in the same period of a year ago.The net profit was contributed by reducing costs and giving weight o...
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Date:2013/07/29
The Korean steel giant Posco said that its output of hot rolled coils (HRC) totaled 1.79 million tons in the second quarter of this year, falling by 11% from a quarter ago, due to facility maintenance conducted earlier this year.However, the company’...
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Date:2013/07/24
According to data released by the American Iron and Steel Institute (AISI), the US’s crude steel output totaled 1.904 million short tons in the week ended on July 20th, rising by 0.3% from a week ago and increasing by 3% in comparison of the figures ...
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Date:2013/07/29
According to data released by Brazil's steel distributors association (Inda), its members’ sales of steel products totaled 347,800 tons in June, down slightly by 0.3% year on year and falling by 6% from May.In the first half of this year, the st...
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Date:2013/07/24
According to report of the Economic Committee of the European Steel Association (Eurofer), it forecasted that the EU’s real steel consumption would fall by 4.5% in 2013.In the first quarter of this year, the EU’s real consumption decreased by 7.6% ye...
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Date:2013/07/29
It’s reported that Chung Hung Steel, one of the major carbon steelmakers in Taiwan released its prices for September.Chung Hung Steel decided to raise its list prices for hot rolled and cold rolled steel products by NT$400/ton respectively. Also, it ...
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Date:2013/07/24
According to statistics released by the Italian steel producers association (Federacciai), Italy’s exports of steel products from the non-EU countries totaled 2.203 million tons in the first five months of this year, decreasing by 9% year on year. Am...
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Date:2013/07/26
Finland-based stainless producer Outokumpu announced that its stainless steel shipments totaled 656,000 tons in the second quarter of this year, falling by 8.8% year on year.In the first half of this year, the group’s stainless steel deliveries amoun...
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Date:2013/07/23
Turkey’s crude steel output totaled 2.96 million tons in June, down slightly from May, according to data released by the Turkish Iron and Steel Producers' Association (TCUD).In the first half of this year, the country’s crude steel production am...
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Date:2013/07/23
According to data released by the Korea Iron and Steel Association (Kosa), Korea’s plate imports totaled 960,300 tons in the first half of this year, slumping by 46% year on year.Among them, the plate imports from China totaled 482,100 tons, slumping...
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Date:2013/07/23
According to data released by the Japan Iron & Steel Association (JISF), Japan’s production of small bars totaled 4.73 million tons in the first half of this year, rising by 3.1% year on year.Therefore, it’s predicted that the country’s small bar...
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Date:2013/07/22
Brazil’s nickel production totaled 33,901 tons in the first half of this year, rising by 1.1% year on year, according to data released by the Brazilian Institute of Non-ferrous Metals (ICZ).In June alone, the country’s nickel output totaled 5,475 ton...
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Date:2013/07/17
Many began to speculate this week as to whether the bottom had been readied in India, in terms of prices and sentiment. Certainly, despite some ominous signs early in the week and with the Indian Rupee still trading at 61 to the US Dollar some gains ...