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Date:2013/03/13
In February this year, South Korea's total car output decreased by 19.8 percent year on year and was down 17.6 percent compared to February 2012, totaling 338,278 units, according to a report released by the Korean Ministry of Knowledge Economy ...
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Date:2013/03/11
In February this year, Germany's crude steel output amounted to 3.447 million metric tons, decreasing 3.7 percent compared to the same month of the previous year, according to the information provided by the German steel federation Wirtschaftsve...
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Date:2013/03/07
According to data, the 7 major stainless steel producers in Japan produced 312,856 tons of crudes stainless steel in January, rising by 15.5% from a month ago.In January, Nippon Steel & Sumitomo Metal Corporation (NSSMC) Yawata Works produced 109...
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Date:2013/03/13
On Tuesday, the US Department of Commerce (DOC) announced the results of its expedited sunset review of the antidumping orders on hot-rolled carbon steel flat products from China, India, Indonesia, Taiwan, Thailand, and Ukraine. The DOC made aff...
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Date:2013/03/11
Figures from the US Bureau of Labor Statistics showed Friday that the US added 236,000 jobs in February, bringing the unemployment rate down to 7.7 percent from 7.9 percent last month. The February unemployment rate is the lowest in about four years....
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Date:2013/03/07
According to statistics released by the American Iron and Steel Institute (AISI), the US produced 1.857 million short tons of crude steel in the week ended on March 2nd, rising by 0.8% from a week earlier while falling by 7.2% year on year.In the giv...
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Date:2013/03/07
It’s reported that Korea’s sales volumes of cold rolled (CR) stainless steel products totaled 103,286 tons in January, rising by 9.4% from a month ago and increasing by 3.7% year on year, according to data released by Korean iron and steel associatio...
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Date:2013/03/06
The US Census Bureau of the Department of Commerce reported that construction spending during January 2013 was estimated at a seasonally adjusted annual rate of $883.3 billion, 2.1 percent below the revised December estimate of $902.6 billion. The Ja...
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Date:2013/03/05
The American Iron and Steel Institute (AISI) reported Monday that US raw steel production rose 0.8 percent in the week ending March 2, following a 1.6 percent increase a week ago.
Total raw steel production in the United States amounted to 1,857,000...
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Date:2013/03/06
It’s reported that the US scrap prices are expected to rise by US$10~US$30/long ton in March after falling in February.In February, the US scrap prices decreased by US$10~US$20/long ton due to sluggish demand.At present, the scrap in circulation in E...
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Date:2013/03/04
The American Institute for International Steel (AIIS) reported Friday that according to preliminary government data, steel imports increased 4.6 percent in January 2013 compared to December 2012.
Total Steel imports in January 2013 were 2.579 millio...
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Date:2013/03/06
Reportedly, the major steelmakers in the US announced to hiked prices of steel flat products last week.It’s learned that US Steel announced to increase the prices of hot rolled, cold rolled and hot dipped galvanized steel products by US$55/ton. After...
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Date:2013/03/04
Baker Hughes reported Friday that for the week ending March 1, the US rig count fell by four to 1,757, following a one-rig increase the week prior. During the past week, 1,333 rigs explored for oil, up four from last week while the gas-directed rig c...
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Date:2013/03/06
It’s reported that the nickel spot prices at LME were at US$17,733.75/ton in February, rising by 1.5% from a month ago.Meanwhile, the nickel prices in three-month deliveries were at US$17,807/ton in February, increasing by 1.6% month on month.As of F...
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Date:2013/03/04
Korean stainless steel cold rolled production increased sharply in January to around 103286 tons, up by 9.4% from December and by 3.7% from a year ago, according to the Korean iron and steel association.Moreover, the sales volume was 103,325 ton, wit...
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Date:2013/03/06
According to statistics release by the Japan Iron and Steel Federation (JISF), Japan exported 76,361 tons of stainless steel products in January, falling by 14.4% from 89,259 tons in a month ago. Among them, 11,745 tons were exported to China, increa...
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Date:2013/03/04
Posco increased its export prices of carbon heavy plates by US$10~20/ton to US$590~600/ton FOB, soaring by US$60~70/ton since January.According to Market insiders, Posco’s export price is mainly affected by price up on raw material cost and reboundin...
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Date:2013/03/05
Korean steel giant Posco announced to leave its domestic list prices for austenitic and ferritic stainless steel coils unchanged for March.Posco stated that it decided to roll over its stainless coil domestic prices for March due to the weak nickel p...
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Date:2013/03/04
According to the calculated data from Japan Iron and Steel Federation (JISF), it indicated Japan's steel export quantity has risen 24.2% Y-O-Y to 3,657,000 tons in January 2013. This is also the third month that Japan's steel export quantit...
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Date:2013/03/05
Italian Danieli Group, one of the world’s largest suppliers of plants and equipment for steel industry announced that its net profits totaled €77.5 million in the first six months of fiscal year 2012/13 ended on December 31st, 2012, falling by 20% ye...