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Date:2013/02/18
On Friday, global pipe and tube manufacturer Tenaris announced that it will build its first US seamless pipe mill in Bay City, Matagorda County, Texas. With an estimated investment of $1.5 billion (USD), the new facility will have an annual productio...
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Date:2013/02/20
Ekaterina Golovanova, the head of marketing & sales at steelmaker Severstal predicted that Russia’s steel consumption would stay on the upward trend in the medium term.It’s expected that Russia’s steel consumption would grow by 34% by 2016 and su...
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Date:2013/02/17
Finland-based steelmaker Ruukki has issued its financial results for the fourth quarter and the full year 2012.
In the fourth quarter, Ruukki posted an operating loss of €39 million, remaining almost unchanged compared to the corresponding quarter of...
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Date:2013/02/20
The Australian steelmaker Bluescope Steel posted a net loss of AUD12 million in the first half of fiscal year 2012/13 ended on December 31st, in comparison of a net loss of AUD530 million in the same period of a year ago. In the first half of fiscal ...
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Date:2013/02/17
UK-based mining giant Anglo American has issued its financial results for the full year 2012, reporting a net loss amounting to $1.5 billion, compared to a net profit of $6.17 billion in the previous year. Revenues for the period decreased 10 percent...
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Date:2013/02/20
It is reported that Tokyo Steel Manufacturing plans to lift its domestic steel prices in March 2013. The company hiked the prices for most long products by ￥3,000/ton for March contracts. Meanwhile, the company will also increase the prices for flat ...
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Date:2013/02/16
According to the State Statistics Committee of Russia (Russtat), in January of the current year Russia registered a 2.8 percent decrease in its rolled steel product output to 4.4 million mt, a 5.8 percent decrease in its crude steel output to 5.7 mil...
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Date:2013/02/19
The European Commission has announced that it has initiated an antidumping (AD) duty investigation regarding imports of seamless pipes and tubes of iron or steel, of an external diameter exceeding 406.4 mm, from China. The application was lodge...
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Date:2013/02/16
According to the data provided by the Turkish Statistical Institute (TUIK), in 2012 Turkey's flat steel imports, including hot rolled, cold rolled, coated and narrow strip steel, amounted to 5 million metric tons, decreasing 1.8 percent year on ...
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Date:2013/02/19
According to statistics released by Japan's Ministry of Finance, Japan's iron ore imports amounted to 131.1 million metric tons in 2012, increasing by 2.1 percent year on year. In 2011, the country's iron ore imports had decreased by 4...
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Date:2013/02/06
According to a statement released by the Turkish Iron and Steel Producers' Association (DCUD), in 2012 Turkey's finished steel production reached 34.3 million mt, up by 7.3 percent year on year. However, due to the global economic r...
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Date:2013/02/19
In December 2012, iron ore production in Peru amounted to 634,343 long tons (644,522 mt), decreasing 13.9 percent compared to the same month of the previous year and up 17.7 percent compared to November 2012, according to Peru's Energy and Minin...
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Date:2013/02/06
Brazilian steelmaker Companhia SiderÃorgica Nacional (CSN) and various entities affiliated with CSN have filed a lawsuit against Tenaris SA's Brazilian subsidiary Confab Industrial SA and various subsidiaries of Ternium SA. The enti...
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Date:2013/02/19
Russian steel producer Severstal has announced that production restarted on Friday, February 15 at its Vorkutinskaya mine following last week’s explosion, except for one affected area where production will remain suspended for 90 days as dictated by ...
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Date:2013/02/05
In December last year, South Korea's new car registrations fell 14.5 percent month on month and were up 35.3 percent year on year to 10,663 units, according to the data released by the Korea Automobile Importers and Distributors Associat...
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Date:2013/02/05
In January this year, Turkey's total steel product exports amounted to 1.57 million metric tons, falling 5.4 percent month on month and up 1.5 percent compared to the same month of the previous year, with a total revenue of $1.16 billion...
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Date:2013/02/04
According to the provisional foreign trade statistics compiled by the Turkish Exporters' Association (TIM), in January this year Turkey's steel exports totaled $1.16 billion in value, decreasing by 4.9 percent year on year and down ...
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Date:2013/02/04
In December 2012, Japan's industrial production increased 2.5 percent from the previous month, showing a month-on-month increase after two months of downward movement, while a decrease of 7.8 percent was recorded compared to December of ...
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Date:2013/01/31
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced its production results for the fourth quarter and full year of 2012.
For the fourth quarter of 2012, TMK shipped 1.072 million mt of steel pipes...
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Date:2013/02/04
On January 31, Zhejiang Province-based Chinese steelmaker Kingland & Pipeline Technologies Co., Ltd has issued its preliminary financial results for 2012, indicating a net profit of RMB 104.4175 million ($16.84 million), up by 68.36 perce...