-
Date:2013/04/03
Ezz Steel, the largest steelmaker in Egypt announced to remain its prices for hot rolled coils (HRC) unchanged at EGP4,950/ton for April bookings due to weak demand.It’s learned that the domestic buyers have become more cautious of purchasing as a la...
-
Date:2013/03/29
According to statistics released by Japan's Ministry of Finance, Japan's hot rolled (HR) flat steel exports totaled 1.35 million metric tons in January this year, increasing by three percent month on month and up 41.7 percent compared to Ja...
-
Date:2013/04/03
It’s reported that the US Department of Commerce (DOC) launched its final result of its administrative review of countervailing duty (CVD) order on Korean corrosion-resistant carbon steel flat products.There are three Korean companies are involved in...
-
Date:2013/03/29
Germany-based long steel producer Saarstahl has announced its financial and operational results for 2012, reporting pre-tax earnings of €9 million, compared to €210 million in 2011. In 2012, the company's turnover decreased by 6.9 percent t...
-
Date:2013/04/03
Japan’s exports of iron and steel products totaled 3.6 million tons in February, rising by 12.6% year on year while falling by 0.7% from a month ago, according to data released by Japan’s Ministry of Finance.In February, Korea was the largest importe...
-
Date:2013/03/29
According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's ferroalloy imports rose 50.4 percent compared to the previous month to 38,955 mt, following a 37.6 percent month-on-month decrease in Decem...
-
Date:2013/03/29
According to report, Australia’s BlueScope and the world’s second largest steelmaker have commissioned their $1.31 billion joint venture in coated products.Nippon Steel & Sumitomo Metal Corporation (NSSMC) will invest US$540 million and take 50 p...
-
Date:2013/03/29
Vancouver, Washington-based Wilkinson Steel and Metals Inc. announced Thursday that it has reached an agreement to sell its assets to Samuel, Son & Co., Limited. The transaction is expected to close late next month following regulatory approval. ...
-
Date:2013/03/28
Based on preliminary US Census Bureau data, the American Iron and Steel Institute (AISI) reported Tuesday that the US imported a total of 2,441,000 net tons (nt) of steel in February, including 1,819,000 net tons (nt) of finished steel--down 7 percen...
-
Date:2013/03/27
It is reported that Posco has planned to restart its No.1 Finex plant after fire accident on March 22 this year but it has to get the permission from the local government. Meanwhile, the company has already started an exhaust pipeline connected to th...
-
Date:2013/03/28
New commercial vehicle demand across the European Union (EU) in February this year was down for the 14th consecutive month, with a year-on-year decrease of 13.3 percent, according to the European Automobile Manufacturers' Association (ACEA). New...
-
Date:2013/03/26
Financial Express reported that state owned insurance behemoth Life Insurance Corporation once again came to the government’s rescue on Friday with a bid of approximately INR 600 crore for Steel Authority of India shares sold through an Offer for Sal...
-
Date:2013/03/25
According to data released by the Japan Iron and Steel Federation (JISF), Japan’s crude steel output totaled 8.317 million tons in February, falling by 6.2% from a month ago and decreasing by 3.4% year on year.The daily crude steel production average...
-
Date:2013/03/28
Tata Metaliks Limited (TML), India's largest producer of foundry grade pig iron, has announced that it has terminated the joint venture agreement signed in July 2007 with Japan-based Kubota Corporation and Metal One Corporation.
The ductile iron...
-
Date:2013/03/26
Hedge funds are making the biggest bet against copper on record as global inventories expand to a nine-year high, while concern that Europe’s debt crisis will spread spurred the biggest gain in gold bets since 2008. Speculators raised net-short posit...
-
Date:2013/03/22
According to the preliminary data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 11 countries accounting for approximately 83 percent of total world DRI production in 2010 totaled 4.9 million ...
-
Date:2013/03/28
Russian steelmaker NLMK has announced that it has successfully passed an audit conducted by Det Norske Veritas (DNV), a Norwegian certification agency, to become a potential supplier of slabs for large-diameter pipe manufacturing to be used in the No...
-
Date:2013/03/26
NDTV reported that unhappy over the delay in getting clearances for his projects, the world's largest steelmaker Mr LN Mittal said that India was not his top priority for investment.Speaking to newspersons on the sidelines of the convocation of ...
-
Date:2013/03/22
In February this year, Brazilian crude steel production totaled 2.6 million metric tons, falling by 6.8 percent compared to January this year and down 6.2 percent compared to February 2012, according to the Brazil Steel Institute (IABr).
Brazil'...
-
Date:2013/03/28
Brazil's steel distributors association, Inda, has disclosed that its members' steel sales fell 7.5 percent year on year to 317,900 mt in February, decreasing by 13.8 percent compared to January. In the January-February period of the curren...