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Date:2013/05/16
Feng Hsin, one of the major steel long product makers in Taiwan announced to cut its prices for certain round bars for this week.It’s leaned that the company cut its list prices for round bars with diameters less than 50mm to NT$20,000/ton from NT$20...
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Date:2013/05/13
According to an industry survey released by the Ministry ofEconomy, Trade & Industry (METI), the Japanese steelmakers planned to produce 27.58 million tons of crude steel in the second quarter of this year, rising by 4% from a quarter ago.A spoke...
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Date:2013/05/16
India-based steelmaker Jindal Steel and Power Ltd. (JSPL) has ordered a basic oxygen furnace (BOF) converter shop including a secondary metallurgy center and comprehensive environmental technology from the German plantmaker SMS Siemag, as announced b...
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Date:2013/05/13
According to data released by the Chilean construction chamber (CChC), Chile’s rebar shipments totaled 49,269 tons in March, falling by 6.4% from a month ago and decreasing by 6.6% year on year.In the first quarter of this year, the country’s rebar s...
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Date:2013/05/15
According to data released by the Korea Iron & Steel Association (KOSA), Korea’s output of heavy plates totaled 671,000 tons in March, decreasing by 4% month on month and slumping by 31% year on year.In the first quarter of this year, the country...
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Date:2013/05/10
According to statistics released by Japan's Ministry of Finance, Japan's coking coal imports totaled 6.7 million metric tons in March this year, rising by 34.6 percent month on month and up 24 percent compared to March 2012.
In the first q...
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Date:2013/05/10
German steelmaker Salzgitter has announced an adjustment of its guidance for the current year, now expecting a pre-tax loss for the year due to higher raw material and energy costs. Salzgitter also said that the anticipated seasonal upturn in demand ...
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Date:2013/05/10
According to the latest ‘Bi-Monthly Stainless Steel Report May 2013' issued by Germany-based service centre Damstahl, in the first two months of the current year European stainless crude steel production amounted approximately to 1.4 million mt,...
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Date:2013/05/06
Ezz Steel, the largest steelmaker in Egypt posted a net profit of EGP 8 million for 2012, slumping from EGP 202 million in a year ago.Meanwhile, Ezz Steel realized sales revenues of EGP19.8 million, rising by 6% year on year.Ezz Steel stated that the...
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Date:2013/05/09
According to data released by the Turkish Statistical Institute (TUIK), Turkey’s exports of steel flat products totaled 702,525 tons in the first quarter of this year, jumping by 72% year on year, driven by strong demand from Europe.Meanwhile, the co...
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Date:2013/05/06
It is reported that Korean steelmaker giant Posco planned to start its wire rod operation at its Pohang works, north of Busan by the end of May this year. The new plant has designed an annual wire rod production capacity of 700,000 tons with total in...
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Date:2013/05/09
The Brazilian steel long producer Gerdau said that its net profits totaled BRL160 million in the first quarter of this year, growing by 12% from a quarter ago but slumping by 60% year on year.In the first quarter of this year, Gerdau realized sales r...
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Date:2013/05/02
Russian mining and steel group Mechel has announced the signing several loan agreements totaling $1 billion in value with Russian bank Gazprombank.
In Mechel's steel division, Beloretsk Metallurgical Plant signed a loan agreement for RUB 1.7 bil...
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Date:2013/05/06
It is reported that Indian government announced to investigate review of antidumping (AD) duties on seamless pipes imports from China and Italy. India has indicated the investigation is under WTO rules and it would allow the imposition of temporary t...
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Date:2013/05/09
The US’s imports of stainless steel products totaled 74,713 tons in March, falling by 4.3% from a month ago, according to data released by the American Iron and Steel Institute (AISI).Among them, the imports of coiled stainless plates totaled 5,274 t...
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Date:2013/04/28
Steel Authority of India Limited the country's leading steel making company and a 'Maharatna' Public Sector Enterprise has won the prestigious SCOPE Award for Best Practices in Human Resource Management for the year 2011-12.The preside...
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Date:2013/05/03
The Korean steel giant Posco announced to raise its list prices for ferritic stainless hot rolled coils (HRC) and cold rolled coils (CRC) by KWR100,000/ton respectively for May in order to reflect higher ferrochrome prices.Meanwhile, the company deci...
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Date:2013/05/08
It’s reported that Indian hot rolled coil (HRC) market has become weak recently due to poor demand and increased imports.At present, the HRC ex-factory prices are at INR33,750~INR34,250/ton in Indian domestic market.Meanwhile, the prices of HRC origi...
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Date:2013/04/28
Latin America’s crude steel production totaled 14.7 million tons in the first quarter of this year, falling by 11% year on year, according to Latin American steel association Alacero.In March alone, Latin America’s output of finished steel products t...
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Date:2013/05/03
According to forecast made by the Japan Iron and Steel Federation (JISF), Japan’s steel production is expected to rise further in the fiscal year 2013/14 (during April 1st through March 31st, 2014), driven by depreciated Japanese Yen and the Japanese...