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  • Australian Port Hedland’s iron ore exports rise in April

    Date:2013/05/08

    According to data released by the Port Authority, the iron ore shipments from the Australian Port Hedland totaled 26 million tons in March, rising by 4.4% from a month ago and soaring by 63.75% year on year.In April, the iron ore shipments made to Ch...

  • TATA Steel raises INR 1300 crore via foreign bonds

    Date:2013/04/28

    TATA Steel has raised SAD 300 million (INR 1,300 crore) from Singapore market through an international bond offering at a coupon rate of 4.95%.It said that “The Issuer incorporated in Singapore, being a wholly owned subsidiary of TATA Steel, has pric...

  • US H1 scrap average prices remain flat

    Date:2013/05/03

    It’s reported that the average prices of the US’s H1 scrap in Pittsburgh, Chicago and Philadelphia were at US$354.17/long ton on April 29th, 2013, remaining flat from a week ago.Besides, the US H1 scrap average prices have kept unchanged for consecut...

  • Nucor to cut $20 for long product prices

    Date:2013/05/08

    According to report, Nucor will follow Gerdau’s long steel products price announced last week with price cut for rebars, most merchant bar, structural products and beams by $20/st, starting the second day of May.The company stated the price will be f...

  • Korea’s imports of CR stainless steel products jump in March

    Date:2013/04/27

    It’s reported that Korea’s imports of cold rolled (CR) stainless steel products jumped in March.According to data released by the Korean Iron and Steel Association (KOSA), Korea imported 19,965 tons of CR stainless steel products in March, rising by ...

  • Japan shipbuilders use NSSC's duplex stainless steel for first time

    Date:2013/05/02

    Reportedly, Japanese shipbuilders Sasaki Shipbuilding Co Ltd. (Sasaki) and Hakata Shipbuilding Co Ltd. (Hakata) for the first time in Japan, have decided to use a resource saving type duplex stainless steel, NSSC®2120, of Nippon Steel & Sumi...

  • South Korea’s steel export value falls 13.6% in April

    Date:2013/05/07

    According to the data released by the Export and Import Division of South Korea's Ministry of Knowledge Economy, the country's trade balance indicated a $2.6 billion surplus in April this year, remaining in the black for the 15th consecutiv...

  • Turkey’s imports of seamless pipes soar by 20.6% y-o-y in February

    Date:2013/04/27

    Turkey imported 14,258 tons of seamless steel pipes in February, falling by 4.9% from a month ago but jumping by 20.6% year on year, according to data of the Turkish Statistical Institute (TUIK).In February, the country’s imports of seamless steel pi...

  • ChTPZ’s steel pipe shipments fall by 8% in Q1

    Date:2013/05/02

    Russia-based steel pipe maker ChTPZ Group shipped 382,100 tons of steel pipes in the first quarter of this year, falling by 8% year on year.Among them, 323,900 tons were exported to the Russian domestic market, increasing by 10% in comparison of the ...

  • 115,000 Turkish metal workers go on strike

    Date:2013/05/07

    The Turkish Metal Union has announced that it has decided to go on a strike involving 115,000 workers in the metal industry including automotive, white goods, iron and steel and electronics, as of Monday, May 6, as talks on a collective labor agreeme...

  • US iron and steel scrap exports down 5% in Jan from Dec

    Date:2013/04/27

    According to the Mineral Industry Survey released by the US Geological Survey (USGS), stocks of imported and domestic scrap in the US at the end of January this year amounted to 3.8 million mt, up slightly from the end of December 2012. Stocks of pig...

  • Republic Steel contracts with US Steel to supply steel demand for their tubular product division

    Date:2013/05/02

    Ohio-based Republic Steel, a subsidiary of Mexican Simec SAB de CV has contracted with United State Steel Corporation(USSC) to supply maximum of 450,000 tons of tube rounds for USSC's tubular products from its new installed Electric Arc Furnace(...

  • Iron ore exports from Australia’s Port Hedland increase in April

    Date:2013/05/07

    In April of the current year, iron ore shipments from Australia's Port Hedland increased by 4.4 percent compared to March and were up 63.75 percent year on year, totaling 26 million metric tons. According to the information released by the Port...

  • NSSMC to incorporate Sumitomo Pipe & Tube

    Date:2013/04/27

    Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced that it will conduct a share exchange with Sumitomo Pipe & Tube Co., Ltd. (SPT) effective as of August 1, 2013 to incorporate SPT as its wholly owned subsidiary. Accordingl...

  • Euro area annual inflation in April estimated at 1.2 percent

    Date:2013/05/02

    Annual inflation in the euro area is expected to be 1.2 percent in April this year, down from a revised 1.7 percent in March, according to flash estimates released by Eurostat, the Statistical Office of the European Communities. Flash estimates of Eu...

  • EUROFER welcomes life cycle approach to vehicle emissions

    Date:2013/04/27

    The European Steel Association (EUROFER) has said it welcomes the decision of the European Parliament's Environment Committee (ENVI) to support a life-cycle approach (LCA) in evaluating CO2 emissions from passenger cars. Members have approved dr...

  • Japan’s exports of iron and steel products rise by 12.25% m-o-m in March

    Date:2013/04/26

    Japan’s exports of iron and steel products totaled 4 million tons in February, increasing by 12.25% from a month ago and rising by 4.8% year on year, according to data released by the Ministry of Finance.Meanwhile, the country’s export revenues gener...

  • Russian ATZ’s steel pipe output rises in Q1

    Date:2013/04/26

    It’s reported that Almetyevsk Pipe Plant (ATZ), a subsidiary of United Metallurgical Company (OMK) produced 18,280 tons of steel pipes in March.Meanwhile, ATZ shipped 18,036 tons of steel pipes in March.In the first three months of this year, ATZ’s s...

  • Australian Newcastle Port’s coal exports fall

    Date:2013/04/26

    According to Newcastle Port Corporation, the Port of Newcastle shipped 2.4 million tons of coals in the week ended on April 22nd, falling by 20.9% from a week ago.In the first 22 days of April, the Port of Newcastle’s exports of thermal and coking co...

  • Malaysia starts AD investigation on certain steel products from China

    Date:2013/04/23

    It’s reported that the Malaysian government announced that it has started the antidumping (AD) duty investigation on stranded wire, rope and cables imported from China, in response to the complaint filed by the Malaysian producer Southern PC Steel Sd...

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