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Date:2013/07/18
Nippon Kinzoku, one of the major re-rollers in Japan has expand its stainless processing in Thailand in order to triple its sales in the local market to ￥600 million after two years.It’s learned that Nippon Kinzoku will hold an inauguration ceremony ...
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Date:2013/07/15
In May this year, seasonally-adjusted industrial production decreased by 0.3 percent in the euro area and by 0.6 percent in the EU-27, as compared with April, while production in April had increased by 0.5 and 0.3 percent month on month respectively....
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Date:2013/07/09
It’s reported that Austria-based Voestalpine has commissioned Austrian plant maker Siemens and US-based technology provider Midrex to build a direct reduced iron (DRI) plant in Texas.The designed annual capacity of the DRI plant is at 2 million tons....
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Date:2013/07/18
According to data released by Japan’s Ministry of Finance, Japan’s output of stainless steel products totaled 231,995 tons in May, up slightly by 0.7% from a month ago.Among them, 110,040 tons were chrome-based stainless steel products, rising by 3.8...
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Date:2013/07/11
According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in April this year Ukrainian exports of pig iron increased by 22.3 percent month on month to 158,900 mt. In the January-April period this ye...
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Date:2013/07/08
According to data released by the US Department of Commerce (DOC), the US’s imports of cut-to-length plates fall to a five-month low in June.The data showed that the licenses for cut-to-length plates imports totaled 54,411 tons in June, lower than 61...
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Date:2013/07/08
According to statistics, the stainless steel production of the seven major stainless producers in Japan totaled 303,511 tons in April, rising by 8.3% from 280,319 tons but falling by 9.3% from 334,632 tons in the same period of a year ago.It’s known ...
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Date:2013/07/08
The US’s import licenses for stainless products totaled 79,994 tons in June, decreasing by 27.23% from 109,930 tons in May, according to data released by the US Department of Commerce's (DOC) Import Administration.In June, the permits for blooms...
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Date:2013/07/05
Japan’s demand for crude steel is expected to be at 28 million tons in the third quarter of this year, rising by 2.8% year on year while remaining unchanged from the forecast made in the second quarter, according to data released by the Japanese Mini...
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Date:2013/07/02
Japan’s Nippon Steel & Sumitomo Metal Corp. (NSSMC) announced that Nippon Steel Pipe Indian Private Limited (NPI), a joint venture owned by NSSMC and Thailand’s Siam Nippon Steel Pipe Co., Ltd. (SNP) has begun commercial production of automotive ...
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Date:2013/07/05
According to Newcastle Port Corporation, coal shipments from the Port of Newcastle totaled 2.3 million tons in the week ended on July 1st, falling by 24.8% from a week ago.In June, the Port of Newcastle’s exports of thermal and coking coal totaled ar...
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Date:2013/07/02
According to report, US treaded rod producers filed a petition last week for anti-dumping (AD) duties on imports from India and Thailand. The petitioners believed the imported threaded rod were sold at less than normal value which impacts the growth ...
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Date:2013/07/05
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless producer in Japan announced to remain the domestic ‘miseuri’ or spot sales prices for stainless cold rolled coils (CRC) and plates unchanged for July contract.It’s learned that NSSC d...
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Date:2013/07/02
According to report, Argentina’s Ternium Siderar said last Friday that it will raise the annual coke production by at least 25%.Currently the company produces about 1~ 1.1 million tons of coke one year and it will try to raise the capacity by another...
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Date:2013/07/04
On Tuesday, nine steelmakers including US Steel Corp. filed a trade with the US government regarding oil and natural gas pipe products dumping from nine countries.The steelmakers claiming that the imports of oil country tubular goods from India, Sout...
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Date:2013/07/02
It’s reported that the Korean steel giant Posco will remain its prices for austenitic stainless hot rolled coils (HRC) and cold rolled coils (CRC) unchanged for July.Posco stated that the nickel prices have fallen substantially over the past few mont...
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Date:2013/07/04
It’s reported that Posco Assan TST, the first stainless steel cold rolling mill in Turkey has started its commercial production on July 1st.The company targeted to produce 200,000 tons per year in the first phase.Meanwhile, it will produce stainless ...
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Date:2013/07/01
According to data released by the US Census Bureau, the US’s imports of cut-to-length plates totaled 61,313 tons in May, slumping from 114,141 tons from April and decreasing from 112,118 tons in the same month of 2012.In May, Canada was the largest e...
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Date:2013/07/04
According to data released by the Turkish Statistical Institute (TUIK), Turkey’s scrap imports totaled 1.34 million tons in May, slumping by 29% from a month ago.Among them, 212,811 tons were from the US and 112,474 tons were from Germany.In May, the...
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Date:2013/07/01
It’s reported that Standard & Poor's (S&P) has lowered Russian NLMK’s long-term corporate credit rating to “BB+” from “BBB-“.S&P explained that the downgrade was based on weak global steelmaking and a conservative estimate of the cou...