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  • Taiwan’s import prices of US HMS 80:20 (1&2) fall

    Date:2013/05/31

    Its’ reported that Taiwan’s import prices of the US HMS 80:20 (1&2) are at US$340~US$345/ton C&F, falling by US$10/ton from a week ago.In fact, Feng Hsin, one of the major steel longs producers in Taiwan remained scrap purchasing prices uncha...

  • Scrap export prices to Korea remain flat from Japan

    Date:2013/05/28

    According to report, Japanese export scrap price to Korean buyers about the same or slightly up by only ¥500/ton from last week’s price.Although the Japanese trader tried to raise export prices from lower yen, the demand remain slow from the Korean m...

  • Japanese Tokyo Steel leaves domestic steel prices flat for June

    Date:2013/05/23

    It’s reported that Japan’s Tokyo Steel announced to remain its domestic prices unchanged for June. Also, the company has kept its domestic steel prices flat for consecutive three months.After announcement, its list prices for H beams are at ¥74,000/t...

  • Japan’s scrap market remains stable

    Date:2013/05/31

    It’s reported that the Japanese scrap market has remained stable recently.Its’ known that Tokyo Steel has kept its scrap purchasing prices unchanged for consecutive three weeks after reducing scrap purchasing prices by ¥500/ton at its Tahara and Utsu...

  • Peruvian Aceros Arequipa's new mill to start testing phase

    Date:2013/05/28

    Reportedly, Peruvian firm Aceros Arequipa announced to begin a trial testing of its new rolling mill at its Pisco plant. The company has acquired a new hot rolling mill in April this year but there was no any further detail of the operation schedule ...

  • Vietnam’s imports of steel products fall in Jan-Apr

    Date:2013/05/23

    The Vietnam Steel Association (VSA) said that Vietnam’s imports of steel products totaled 3.5 million tons in the first four months of this year. The country’s import revenues generated by steel products totaled US$2.2 billion.In the given period of ...

  • Iron Ore Seen at $100 by Morgan Stanley Offers Chance to Buy

    Date:2013/05/31

    Iron ore may extend losses before rebounding, offering investors an opportunity to buy the steelmaking raw material to profit from a recovery driven by low inventories in China, according to Morgan Stanley. The commodity, which reached a seven-month ...

  • France’s crude steel output drops in April

    Date:2013/05/28

    According to data released by the French steel federation (FFA), France’s crude steel output totaled 1.24 million tons in April, decreasing by 12.2% year on year and down slightly from 1.34 million tons in March.In April, the crude steel output produ...

  • Turkey’s imports of seamless steel pipes increase by 11.3% in Q1

    Date:2013/05/23

    According to data released by the Turkish Statistical Institute (TUIK), Turkey imported 48,109 tons of steel pipes in the first quarter of this year, rising by 11.3% year on year but falling by 9.1% from a quarter ago.In the given period of time, the...

  • Japan’s exports of CR steel products rise by 13.7% m-o-m in March

    Date:2013/05/30

    Japan’s exports of cold rolled (CR) steel sheets and coils totaled 311,640 tons in March, increasing by 13.7% from February and rising by 0.5% year on year, according to data released by Japan’s Ministry of Finance.In the first quarter of this year, ...

  • Ukraine’s exports of steel products increase by 8.6% in Q1

    Date:2013/05/27

    According to statistics, Ukraine exported around 2.023 million tons of steel products in March, rising by 4% from a month ago.In March, the country imported 112,300 tons of steel products, up by 3.3% from the previous month.In the first quarter of th...

  • Severstal posts lower net profits for Q1

    Date:2013/05/22

    It’s reported that the Russian steelmaker Severstal released the financial results for the first quarter of this year.In the first quarter of this year, Severstal posted a net profit of US$44 million, slumping by 90% year on year. Its sales revenues ...

  • Yieh Phui invests to expand production capacity in China

    Date:2013/05/30

    It’s reported that Yieh Phui, one of the major coasted steel product makers in Taiwan has kept expanding its production capacity in China.It’s learned that Yieh Phui planned to invest around US$98 million to expand production capacity for galvanized ...

  • Mexico launches AD investigation on steel plates from Russia and Ukraine

    Date:2013/05/27

    The Mexican Ministry of Economy launched an antidumping probe on imports of steel plates from Russia and Ukraine in response to the complaint filed by the country’s integrated steelmaker Altos Hornos de Mxico (Ahmsa).The products involved in this cas...

  • Turkey’s HRC exports surge by 53.4% q-o-q in Q1

    Date:2013/05/22

    Turkey’s exports of hot rolled coils (HRC) totaled 435,672 tons in the first quarter of this year, almost triple compared to the figures in the same period of a year ago and soaring by 53.4% quarter on quarter, according to data released by the Turki...

  • US steel imports rise by 4.3% m-o-m in April

    Date:2013/05/30

    According to statistics released by the US Census Bureau, the US’s preliminary steel imports totaled 2.43 million tons in April, rising by 4.3% from 2.33 million tons in March but falling by 14.8% in comparison of 2.85 million tons in the same period...

  • Tata Steel post better-than-expected performance for Q4, 2013

    Date:2013/05/27

    Global steelmaker headquartered India Tata Steel has just posted its Q4 performance for its consolidated unites, which is better than earlier expected by market watchers.For the period in question, Tata Steel’s consolidate steel sales volumes have gr...

  • ASIA IRON ORE: Market rallies as mills start to replenish inventories

    Date:2013/05/22

    Seaborne iron ore rallied Tuesday as the need to replenish inventories among Chinese mills saw some buyers return to the spot market. Platts assessed the 62%-Fe Iron Ore Index up $1 at $124.50/dry mt CFR North China Tuesday.However, many said the str...

  • Taiwanese steel pipe makers may cut prices for June

    Date:2013/05/29

    The Taiwanese steel pipe makers will adjust list prices for June on May 31st.It’s predicted that the Taiwanese steel pipe makers might cut list prices by at least NT$600/ton for June in order to reflect input costs.Chung Hung Steel, the major upstrea...

  • US mills cut stainless surcharges for June

    Date:2013/05/24

    Reportedly, the three major stainless steel producers in the US, including North America Stainless (NAS), AK Steel and ATI Allegheny Ludlum have announced to cut alloy surcharges for stainless steel products for June.NAS’s June alloy surcharges for 3...

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