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Date:2013/04/25
It’s reported that the H2 scrap base prices dropped further by ￥500/ton to ￥31,000~￥31,500/ton in the Japanese Tokyo Bay region on April 22nd, affected by price cut of ￥500/ton made by the local traders.Industry sources said that the local traders de...
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Date:2013/04/22
It’s reported that Nucor posted net earnings of US$84.8 million for the first quarter of 2013, lower than US$145.1 million in the same period of a year ago and US$136.9 million in the fourth quarter of 2012.In the first quarter of this year, Nucor re...
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Date:2013/04/25
Reportedly, Ecuador’s steel longs producer Andec is scheduling to double its current output. The mill new 220,000 tpy electric arc furnace already started to produce. In June or July, a new billet casting machine will be commissioned. The mill's...
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Date:2013/04/22
It’s reported that Japan’s Nippon Steel & Sumitomo Metal Corp. (NSSMC) said that it has received orders for steel pipe piles with inner rib for the Australian Ichthys liquefied natural gas (LNG) project, together with Nippon Steel & Sumikin P...
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Date:2013/04/25
According to the provisional data released by the Japanese Ministry of Finance, in March this year Japan's iron and steel product exports came to 4 million metric tons, rising 12.25 percent month on month and up 4.8 percent as compared to the sa...
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Date:2013/04/22
Japanese Nisshin Steel announced to raise its domestic prices for austenitic cold rolled coils (CRC) and tubes by ￥20,000/ton and increase its domestic prices for ferritic CRC and tubes by ￥10,000/ton from June deliveries. A spokesman of Nisshin Stee...
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Date:2013/04/24
According to data released by the American Iron and Steel Institute (AISI), the US weekly crude steel output totaled 1.858 million net tons in the week ended on April 20th, down by 1.2% from a week ago and falling by 7.7% year on year.In the given pe...
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Date:2013/04/19
Japan’s demand for crude steel is forecasted to fall by 0.9% from a quarter ago to 26.4 million tons, according to the Japanese Ministry of Trade (METI).Meanwhile, the total demand for the Japanese steel products, including exports is expected to fal...
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Date:2013/04/24
Hong Kong-based conglomerate CITIC Pacific has announced that it is delaying completion of its $8 billion Sino Iron project in Western Australia until late May because of engineering problems, the latest in a series of setbacks to plague China's...
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Date:2013/04/19
It is reported that the oil country tubular goods (OCTG) market in the US expects to remain competitive due to weak demand for domestic market at this moment. Some of participants said that the market was quiet and it’s difficult to make any profits....
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Date:2013/04/24
West Chester, Ohio-based flat rolled steelmaker AK Steel reported Tuesday a net loss of $9.9 million for Q1 2013, compared to a net loss of $11.8 million in Q1 2012. This also compares to a net loss of $230.4 million, or an adjusted net loss of $36.6...
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Date:2013/04/19
It's reported that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at ￥32,286/ton in the third week of April, falling by ￥33/ton from a week ago.Also, the H2 scrap average prices have fallen for consecutive two w...
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Date:2013/04/23
According to data released by the Turkish Statistical Institute (TUIK), Turkey exported 76,989 tons of steel wire products in this February, falling by 36.1% from a month ago and decreasing by 27.5% year on year.Meanwhile, the export prices averaged ...
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Date:2013/04/18
It’s reported that Japan’s Tokyo Steel announced to cut its scrap purchasing prices by ￥500~￥1,000/ton at its five works from April 17th.After the adjustment, its H2 scrap purchasing prices averaged at ￥31,500~￥33,500/ton.Among them, the H2 scrap pur...
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Date:2013/04/23
According to data released by Brazil’s Ministry of Development, Industry and Foreign Trade (MDIC), Brazil exported 85,305 tons of steel flat products in March, slumping by 47.7% month on month but rising by 8.3% year on year.Among them, the exports o...
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Date:2013/04/18
According to data released by Metals Service Center Institute (MSCI), the US steel service center’s inventories totaled 8.49 million short tons in March, only down slightly from 8.51 million short tons in a month ago but falling from 8.87 million sho...
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Date:2013/04/18
Reportedly, Korean Posco P&S purchased two batches of scraps from Japan, including Shindachi scraps with prices of ￥38,500/ton C&F and P&S scraps with prices of ￥38,000/ton C&F.At the same time, SeAH Besteel also purchased two batches...
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Date:2013/04/17
It’s reported that Korean steelmaker Dongbu Steel’s sales volumes of cold rolled steel products totaled 196,000 tons in March, rising by 17.2% from a month ago.Among them, 79,000 tons were made to domestic market, increasing by 8.3%; 86,000 tons were...
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Date:2013/04/17
According to data released by the American Iron and Steel Institute (AISI), the US’s weekly crude steel output totaled 1.88 million short tons in the week ended on April 13rd, up by 1.2% from a week ago while falling by 6.7% year on year.Also, the co...
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Date:2013/04/15
CSC, the largest carbon steelmaker in Taiwan is going to release its list prices for steel plates for June on April 19th.Market participants predicted that CSC might leave its list prices for steel plates unchanged for June as the steel plate prices ...