Search result ( 34188)
  • US and Canada report increased rig counts

    Date:2013/01/28

    Baker Hughes reported Friday that for the week ending January 25, the US rig count increased by four to 1,753, the first increase in the past nine weeks. On a year-on-year basis, the US rig count was still down 255 rigs. Rigs drilling for oil fell by...

  • Atlas Tube expands jumbo HSS line

    Date:2013/01/31

    Chicago, Illinois-based Atlas Tube, a division of JMC Steel Group, announced Wednesday the expansion of their jumbo hollow structural sections (HSS) product line with the addition of two new sizes. Atlas currently offers Jumbo HSS in wall thicknesse...

  • Turkey’s ferroalloy imports from Georgia and China surge in Nov

    Date:2013/01/29

    According to the data provided by the Turkish Statistical Institute (TUIK), in November 2012 Turkey's ferroalloy imports fell 3.5 percent compared to the previous month, following an almost 15 percent month-on-month increase in October and were ...

  • Allegheny Technologies reports lower Q4 and full year 2012 earnings

    Date:2013/01/28

    Pittsburgh, Pennsylvania-based specialty steelmaker Allegheny Technologies Incorporated reported Q4 2012 sales of $1.1 billion and net income of $10.5 million, which includes a "special charge" or $8.8 million. The special charge reflects asset write...

  • Severfield Row faces further shares drops

    Date:2013/01/25

    Serverfield Rowen, UK’s leading structural steelwork fabricator is facing further shares drop after the structural steel group announced changes of its senior management. It’s said that the UK business has suffering and continued with price pressure ...

  • Turkey’s HRC exports soar by 28% m-o-m in last November

    Date:2013/01/25

    According to data released by the Turkish Statistical Institutes (TUIK), Turkey’s exports of hot rolled coils (HRC) totaled 97,073 tons in last November, rising by 28% from a month ago.In October, the country’s exports of hot rolled plates totaled 7,...

  • US trade representative Ron Kirk to step down

    Date:2013/01/25

    On Tuesday, US trade representative Ron Kirk announced his resignation and plans to step down in February. No successor was immediately named although a couple international economic policy aides are said to be frontrunners. "From bringing home new ...

  • Global crude steel output up 1.2 percent in 2012

    Date:2013/01/23

    According to the World Steel Association (worldsteel), in 2012 the crude steel output of 64 countries surveyed across the globe reached 1.55 billion mt, increasing by 1.2 percent on year-on-year basis, hitting a new record for global crude steel prod...

  • Mechel to resume activity in West Virginia coal mines

    Date:2013/01/25

    Russian steelmaking and mining company Mechel OAO announced Thursday the resumption of work at several of Mechel Bluestone's mining facilities in West Virginia. Due to decreased coal inventories, Mechel decided to resume open-pit mining at some ...

  • Ukraine’s steel pipe imports and exports fall in Jan-Nov

    Date:2013/01/23

    According to the data issued by Ukraine's Cabinet of Ministers, in the January-November period of the last year Ukrainian exports of steel pipes decreased by 3.2 percent year on year to 1.467 million mt, worth a total of $1.771 billion. In Novem...

  • Timken anticipates lower 2013 sales as Q4 income falters

    Date:2013/01/25

    Canton, Ohio-based The Timken Company reported Thursday that sales in Q4 2012 of $1.1 billion were down 15 percent from the same period in 2011 due to lower demand in the company's light vehicle, heavy truck, mining and energy-related end market...

  • Ukraine’s long steel exports down slightly in Jan-Nov

    Date:2013/01/23

    In the January-November period of the last year, Ukrainian exports of long steel products decreased by 0.6 percent year on year to 5.223 million mt, according to the data issued by Ukraine's Cabinet of Ministers. In November alone, Ukraine'...

  • US scrap prices to Taiwan drop

    Date:2013/01/24

    It’s reported that the quotes of the US scraps to Taiwan have dropped recently.It’s learned that a major scrap supplier in the US offered HMS 80:20 (1&2) quoted at US$395/ton C&F to Taiwan this week, falling by US$10/ton from a week ago.In fa...

  • Rio Tinto to post $3 billion write-down for 2012 from its Mozambican coal business

    Date:2013/01/23

    Australia-based miner Rio Tinto has announced that it will register an impairment charge of $3 billion in its financial results for 2012 due to underperformance of its Mozambican coal business and an additional $10 billion write-down from its Canadia...

  • Tokyo Steel posts net loss for Apr-Dec, 2012

    Date:2013/01/24

    Japan’s Tokyo Steel recently launched its financial result for April-December, 2012.The company posted operating losses of ¥13.088 billion for April-December period, slumping from the losses of ¥6.214 billion in the same period of 2011.In the given p...

  • Italy’s construction output index falls to year-to-date low in November

    Date:2013/01/22

    In November last year, the Italian seasonally adjusted construction output index decreased by 3.4 percent month on month, according to the preliminary figures from ISTAT, Italy's national statistics office. The average index for the September-No...

  • US DOC launches 0% AD margin rate on Korean plates

    Date:2013/01/24

    The US Department of Commerce (DOC) launched its preliminary administrative results of antidumping (AD) orders on cut-to-length carbon steel plates from Korea, covering the period from February 1st, 2011 through January 31st, 2012.The DOC determined ...

  • ThyssenKrupp’s Steel Americas still to seek new buyer

    Date:2013/01/22

    Reportedly, the steel giant ThyssenKrupp has announced ThyssenKrupp’s Steel Americas plants are still waiting for new buyer of the bidding on last Friday. Two plants are still being attractive for new potential buyers although some problems halt oper...

  • Steel mill shipments in the US decline in November

    Date:2013/01/24

    The American Iron and Steel Institute (AISI) reported Wednesday that for the month of November 2012, US steel mills shipped 7,397,149 net tons, a 0.5 percent decrease from the 7,430,267 net tons shipped in the previous month, October 2012, and a 0.2 ...

  • Brazil’s nickel output surges by 53.6% in 2012

    Date:2013/01/22

    Brazil produced 66,272 tons of nickel in 2012, soaring by 53.6% from a year ago, according to data released by the Brazilian Institute of Non-ferrous Metals (ICZ).Among them, 72.6% of nickel production was for export markets, which was at around 38,6...

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