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Date:2013/04/09
German steel federation Wirtschaftsvereinigung Stahl (WV Stahl) president Hans Jrgen Kerkhoff has said at the 2013 Hannover Messe machinery and industry fair that the situation in the German steel industry remains fragile and marked by the euro debt ...
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Date:2013/04/15
China’s copper imports rose 7% m/m to 320Kt in March according to Barclay's preliminary trade data released on Wednesday. Modest restocking at the start of the peak season and an open import arb helped drive up imports, though the rebound remain...
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Date:2013/04/11
Iron ore prices over the next several weeks may stabilize around the $130-140/dmt CFR China range after recovering from a recent price correction on improving steel demand, Deutsche Bank said.The bank's analysts expect buying to come in from Chi...
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Date:2013/04/09
According to the State Statistics Committee of Russia (Russtat), in the January-February period of this year Russia's exports of iron ore stayed at the level of the same period last year at 4.319 million mt, worth a total of $359.3 million, down...
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Date:2013/04/10
Reportedly, Indian Rashtriya Ispat Nigam Ltd (RINL) planned to raise its steel output by 24% year on year in the fiscal year during April, 2013 through March, 2014 after the company increased producitono from its newly commissioned units at its Vizag...
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Date:2013/04/09
The Cabinet of Ministers of Ukraine has introduced a quota of 10.2 million mt on imports of coal (coking coal, bituminous coal and other types of coal) for 2013 and banned inbound shipments of coke this year in an effort to support local producers.Th...
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Date:2013/04/08
On Friday, Los Angeles, California-based service center Reliance Steel & Aluminum Co. announced that it has amended and restated its existing $1.5 billion unsecured revolving credit facility and raised $500 million in a new term loan. The credit ...
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Date:2013/04/08
Reuters reported that India's Karnataka state expects to reopen 19 iron ore mines this fiscal year, which were shut by a court in 2011, increasing supplies to local steel mills by 30 million tonne, the head of its mines department said that.Indi...
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Date:2013/04/08
Economic Times reported that 20 shift in charges of Rourkela Steel Plant were awarded with the Performance Excellence Award in recognition of their exemplary leadership and outstanding work.The shift in-charges were awarded for contributions made by ...
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Date:2013/04/02
It’s reported that Korea’s H beam imports from China surged substantially recently.According to statistics, Korea’s H beam imports totaled 14,665 tons between March 1st and March 25th, surging by 49% from a month ago. Among them, 96% were from import...
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Date:2013/04/08
New Indian Express reported that after the POSCO Pratirodha Sangram Samiti, another outfit has decided to hit the streets over land acquisition for the proposed POSCO steel plant. The newly floated outfit, POSCO Pratirodha Sangram Samanwaya Samiti ha...
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Date:2013/04/02
Brazil exported 19.4 million tons of iron ore in February, rising by 13.4% year on year while falling by 1.3% from a month ago, according to data released by the Brazil's National Union of the Industry of Extraction of Iron and Base Metals (Sinf...
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Date:2013/04/08
Research & Development Centre for Iron & Steel has undertaken 82 R&D projects in the current year 2012 to 2013, out of which 54 projects are scheduled for completion by March 2013. These projects provide technological inputs to SAIL plant...
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Date:2013/04/02
Japan’s nickel ore imports totaled 353,809 tons in February, decreasing by 2.9% from a month ago while rising by 2.4% year on year, according to data released by Japan’s Ministry of Finance.In February, Indonesia was the largest nickel ore exporter t...
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Date:2013/04/07
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 3rd.After the adjustment, its H2 scrap purchasing prices averaged at ￥32,500~￥34,500/ton.Among them, the H2 scrap purc...
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Date:2013/04/01
According to data released by Taiwan’s customs, Taiwan’s import prices of small-diameter wire rods (diameters less than 14mm) averaged at NT$18,346/ton in February, rising by NT$861/ton from a month ago.Market insiders pointed out that the better mar...
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Date:2013/04/07
Turkey’s imports of stainless steel flat products totaled 28,398 tons in February, decreasing by 2.3% from a month ago, according to data released by the Turkish Statistical Institute (TUIK).In February, the country’s import revenues generated by sta...
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Date:2013/04/01
Germany’s import prices of iron ore dropped by 15.7% year on year in February, according to data released by the German Federal Statistical Office (Destatis).The data also showed that the country’s import prices of iron and steel and ferroalloys decr...
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Date:2013/04/07
Russian steelmaker Severstal has announced that the Cherepovets Steel Mill, part of its Russian Steel division, has commissioned its new coke oven battery No. 7 following a reconstruction project which has received investment of about RUB 4.5 billion...
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Date:2013/04/01
Recently, the South African ferrochrome suppliers have reached agreement with the European stainless steel mills for the second quarter ferrochrome prices.The ferrochrome contract prices are at US$1.27/lb. for the second quarter, rising by US$0.145/l...