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  • Turkish consumer confidence down slightly in December

    Date:2013/01/18

    According to the monthly consumer tendency survey released by the Turkish Statistical Institute (TUIK), the consumer confidence index* in Turkey, which stood at 89.2 points in November 2012, decreased slightly by 0.2 percent month on month in Decembe...

  • Russian NLMK to launch new plate sales offices in US, India, Singapore

    Date:2013/01/16

    Reportedly, Russian steelmaker Novolipetsk Steel (NLMK) announced that the company introduce its new commercial centers in Pittsburgh USA, Mumbai India and Singapore. The three new offices have been completed and operated in second half of 2012. The ...

  • UK basic metal output index up 3.4 percent in Nov

    Date:2013/01/14

    According to a report released by the UK's Office for National Statistics (ONS), in November 2012 the UK's seasonally adjusted production index of manufacturing fell by 2.1 percent compared with November 2011 and was down by 0.3 percent com...

  • EU-27 construction output down 0.9% in Nov from Oct

    Date:2013/01/18

    According to first estimates released by Eurostat, the Statistical Office of the European Communities, in November last year  the seasonally-adjusted production of the construction sector in the European Union member states (EU-27) decreased 0.9...

  • US specialty steel imports make major gains in October

    Date:2013/01/16

    The Specialty Steel Industry of North America (SSINA) Tuesday released statistical data on imports, US consumption, and import penetration for year-to-date October 2012. The data represents US consumption, imports, and import penetration for October ...

  • Global iron ore trade impacted by Australian cyclone

    Date:2013/01/14

    Tropical cyclone Narelle which is forecast to strike Western Australia's Pilbara region, an area rich in mineral and energy sources, has caused the closing of ports and evacuation of workers at mining sites and drilling platforms, according to m...

  • Spot iron ore prices continue falling

    Date:2013/01/18

    It’s reported that the spot iron ore prices have continued falling recently.At present, the spot prices of Indian iron ore fines contain 63.5% Fe are at US$152.2~US$153.5/ton, falling by US$2/ton from the previous US$154.5~US$155.5/ton C&F.Trader...

  • US ITC to continue dumping order on Japanese clad plate

    Date:2013/01/16

    The US International Trade Commission (USITC) Tuesday determined that revoking the existing antidumping duty order on clad steel plate from Japan would be likely to lead to continuation or recurrence of material injury within a reasonably foreseeable...

  • Italy’s steel exports rise by 8.6 percent in Jan-Oct

    Date:2013/01/14

    According to the Italian steel producers' association Federacciai, in the January-October period last year Italy's steel imports amounted to 11.923 million metric tons, decreasing by 22.1 percent, while its steel exports totaled 15.640 mill...

  • Euro area annual inflation stable in December

    Date:2013/01/17

    Annual inflation in the euro area was 2.2 percent in December last year, stable compared to November, according to a report released by Eurostat, the Statistical Office of the European Communities. In December 2011, the annual inflation rate was 2.7 ...

  • CSC's downstream customers expect CSC not to increase too much

    Date:2013/01/16

    China Steel Corp. (CSC), the largest carbon steel producer in Taiwan is going to announce new price for its March wire rod on January 13rd. Market participants expected that CSC would hike its list prices.However, it is difficult to predict the price...

  • Ukrainian pig iron exports rise by 15.2 percent in Jan-Nov

    Date:2013/01/14

    According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the January-November period last year Ukrainian exports of pig iron increased by 15.2 percent year on year to 1.758 million mt. In Novemb...

  • Indian steel mills see coking coal contract prices to fall in Q1

    Date:2013/01/15

    The Indian major steel mills such as Tata Steel and JSW Steel predicted that the coking coal contract prices may fall to US$160/ton in the first quarter of this year, decreasing by 32% year on year.Meanwhile, it’s expected that the Indian steel mills...

  • Russia’s Ashinskiy produces 652,077 mt of crude steel in 2012

    Date:2013/01/14

    According to its data issued for 2012, Russian steel producer Ashinskiy Metallurgical Works (Ashinskiy) produced 652,077 mt of crude steel. Furthermore, in 2012 Ashinskiy produced 573,354 mt of rolled steel products.

  • Japanese NSSC hikes austenitic CRC prices for January

    Date:2013/01/11

    Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to raise its list prices for austenitic cold rolled coils (CRC) by ¥25,000/ton for January contracts.However, NSSC remained its prices for ferritic C...

  • US lawmakers to address ITC keeping extension duties of coated sheet

    Date:2013/01/11

    The US Congressional Steel Caucus has told the US International Trade Commission (ITC) to remain extension duties on coated sheet from countries including Germany and South Korea in order to protect business for the domestic industry. The US Congress...

  • Turkey’s exports of wire rods fall in November

    Date:2013/01/11

    Turkey exported 54,927 tons of wire rods in November, slumping by 31.7% from a month ago and decreasing by 30.3% year on year, according to statistics released by the Turkish Statistical Institute (TUIK).Meanwhile, the country’s export revenues gener...

  • US imports of cut-to-length plates hit 2-year low in December

    Date:2013/01/09

    According to data, the US imported 47,816 tons of cut-to-length plates in December, falling from 60,357 tons in November.Also, the country’s imports of cut-to-length plates in December touched the 2-year low.In fact, the US imports of cut-to-length p...

  • Brazil’s HRC, CRC exports rise by 15% m-o-m in December

    Date:2013/01/11

    According to data released by Brazil’s Ministry of Development, Industry and Foreign Trade (MDIC), Brazil exported 233,506 tons of hot rolled coils (HRC) and cold rolled coils (CRC) in December, rising by 15% from a month ago and up by 2.8% year on y...

  • Taiwanese CSC expected to raise steel prices for March

    Date:2013/01/09

    China Steel Corp. (CSC), the largest carbon steel maker in Taiwan is going to release its price policy for March.It’s expected that CSC would hike its list prices by more than NT$300~NT$500/ton, supported by the price rise made by the major steelmake...

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