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Date:2013/06/21
Turkey’s imports of steel flat products including hot rolled, cold rolled, coated and narrow strip steel totaled 575,371 tons in April, up by 1.5% from a month ago and increasing by 54.2% year on year, according to the Turkish Statistical Institute (...
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Date:2013/06/18
Nucor, one of the major steel manufacturers in the US said that d its sales profits in the second quarter might be lower than the market analysts’ forecast due to decreased steel melting sales in the given period of time.The company said its sales in...
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Date:2013/06/25
It’s reported that North American Stainless (NAS), AK Steel and ATI Allegheny Ludlum, the three major stainless producers in the US have all cut its alloy surcharges for stainless steel products for July.Also, the stainless makers have reduced the st...
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Date:2013/06/20
According to data released by the State Statistics Committee of Kazakhstan, the country’s crude steel output totaled 1.354 million tons in the first five months of this year.In the given period of time, the country’s production of steel flat products...
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Date:2013/06/17
According to data released by the Ukrainian association of metal producers Metallurgprom, Ukraine’s iron ore exports totaled 16.020 million tons in the first five months of this year, rising by 13% year on year.In the given period of time, the countr...
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Date:2013/06/25
It’s reported that Korean steel giant Posco has resumed its operations at the mini-mill at its Gwangyang works after 6-day maintenance during June 14th through June 19th.It’s learned that the maintenance was mainly to upgrade facility to improve prod...
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Date:2013/06/20
According to data released by the Brazilian steel institute (IABr), Brazil’s production of rolled steel products totaled 2.29 million tons, up by 5% month on month and rising by 4% year on year. In May, the country’s crude steel output totaled 3.01 m...
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Date:2013/06/17
It’s reported that Severstal, one of the world’s leading vertically integrate steel and mining companies has made in in public that its Cherepovets Steel Mill has made the shipments of approximately 162,000 tons of rebar in the first five months of 2...
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Date:2013/06/25
According to economic research institute RWI Essen’s report, German cruder steel output may fall by 1 percent this year and expect the output to rise in 2014.Since the beginning of 2012, Germany’s export grew by 2.2% and import dropped by 9.6% and th...
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Date:2013/06/20
Reportedly, Russian steel giant Mechel released its consolidate financial results for the first quarter of this year.Mechel posted a net loss of US$321 million for the first quarter of this year, slumping from a net profit of US$218 million in the gi...
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Date:2013/06/17
It is learned that some Japanese blast furnace mills are thinking of skipping hot rolled coils (HRC) shipment in July. Their strategy is to put turbulence in contract prices for Korea in order by deferring shipment by one month, to rebuild the enviro...
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Date:2013/06/24
Turkey’s exports of wire rods totaled 73,588 tons in April, decreasing by 26.6% from a month ago and decreasing by 22.3% year on year, according to data of the Turkish Statistical Institute (TUIK).Meanwhile, the export prices of wire rods averaged at...
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Date:2013/06/19
Turkey’s exports of hot rolled coils (HRC) totaled 200,188 tons in April, soaring by 42.8% from a month ago and more than double year on year, according to data of the Turkish Statistical Institute (TUIK).Among them, the HRC exports made to Italy wer...
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Date:2013/06/14
Song Ho Industrial Co., one of the major wire products manufacturers in Taiwan, said recently that even though the issue of European debt crisis will still cause Song Ho's export quantity to decrease in Europe, the raising China RMB currency and...
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Date:2013/06/19
According to data released by the Brazilian national foreign trade ministry (MDIC), the country’s imports of carbon steel tubes totaled 22,072 tons in May, soaring by 24% from 17,820 tons in April and almost double from 11,544 tons in the same month ...
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Date:2013/06/14
The Russian steelmaker Severstal is going to cut its July's hot roll coil offer by US$40/MT and cold roll coil offer by US$55/MT than its offer prices in May to its Turkey buyers. In fact, Severstal has already cut its HRC and CRC prices by US$1...
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Date:2013/06/13
Reportedly, Saudi Basic Industries Corporation (SABIC), the Gulf Cooperation Council's largest steel producer, plans to develop two steel mills located at Saudi Arabia’s Gulf coast area. The Jubail plant will design an annual processing capacity...
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Date:2013/06/14
Japanese steel prices higher in May. This is Japanese steel price the fourth month consecutive rise. Bank of Japan's corporate goods price index released CGPI shows Japan's domestic steel prices in May rose by 0.1% compared with April, but ...
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Date:2013/06/13
Although most of Taiwan domestic carbon steel flat service centers have tried to hold the price not to drop furhter in Taiwan domestic market, it is still said that the new low price record of cold roll steel coil has falled to only NT$18,000/MT (abo...
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Date:2013/06/06
Reportedly, Korean Posco Specialty Steel (Posco SS) announced to remain its domestic prices for austenitic stainless wire rods and bars unchanged for June. However, Posco SS refused to disclose its sales prices.It’s known that weak market condition a...