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Date:2012/12/31
Hai Kwang Enterprise, one of the major rebar manufacturers in Southern Taiwan, said that it planned to build up a new steel rolling plant at the nearby place of the mill's current location, aiming to cost down and increase its market competitive...
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Date:2013/01/05
According to the data issued by Ukraine's Cabinet of Ministers, in 2012 Ukraine registered an 11.9percent decrease in its finished steel product output to 26.819 million mt, a 6.6 percent decrease in its crude steel output to 32.394 million mt a...
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Date:2013/01/07
PTI cited Mr Kaushik Basu CEO of World Bank as saying that India's economy could expand by around 6% in 2013, attributing the current slowdown to global factors.Mr Basu at CD Deshmukh Memorial Lecture said that "It is very-very difficult time fo...
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Date:2012/12/31
Kardemir, the largest steel long product maker in Turkey planned to sell 471,500 tons of steel in the first quarter of 2013.In the first quarter of next year, the company planned to sell 224,750 tons of billet and bloom, 157,500 tons of rebar, 80,250...
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Date:2013/01/05
Reportedly, Taiwan’s Walsin Lihwa has announced that the company has completed construction of its annual production by 350,000~400,000 tons of stainless strip annealing and pickling plant in Taichung in central Taiwan. Meanwhile, the company has mad...
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Date:2012/12/31
Tycoons Group, one of the major wire and fastener manufactures in both Taiwan and Thailand market said that its loss after tax in the first three quarters of 2012 were NT$275 million, affected by the market demand was weak.In the first 11 months of t...
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Date:2013/01/06
According to data, Japan exported 735,000 tons of scraps in November, rising by 19.2% year on year.In November, China was the largest importer of the Japanese scraps with 326,000 tons, increasing by 9.7%; South Korea was the second largest one with 3...
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Date:2013/01/04
Recently, the EU determined to cut the antidumping (AD) margin rates on imports of seamless steel pipes from Russian TMK to 28.7% from the previous AD margin rate of 35.8%.In July, 2011, the EU started to impose AD margin rate of 35.8% on those impor...
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Date:2012/12/31
It’s reported that some of the Taiwanese rebar mills have announced to temporarily stop offering prices in the mid-time of this year since it’s expected that the global scrap prices will rise further after the New Year vacation.Accordingly, the Taiwa...
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Date:2013/01/06
Outokumpu announced last week that it has completed the Inoxum transaction with ThyssenKrupp AG. The acquisition results Outokumpu a 40% market share in Europe and 12% globally, the largest portfolio in the industry.ThyssenKrupp becomes a major share...
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Date:2013/01/04
It’s reported that Vallourec, France-based global manufacturer of pipes and tubes announced that the company has merged with VAM Canada Inc which was a threaded connections manufacturer. The new company will give new formation under name Vallourec Ca...
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Date:2012/12/28
According to the data released by the South African Iron and Steel Institute (SAISI), the country’s imports of carbon and alloy steel products totaled 78,527 tons in October, slumping by 59.4% from a month ago while rising by 22.3% year on year.In th...
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Date:2013/01/06
Tycoons Group, one of the major wire and fastener manufactures in both Taiwan and Thailand market said that its loss after tax in the first three quarters of 2012 were NT$275 million, affected by the market demand was weak.In the first 11 months of t...
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Date:2013/01/04
Turkey’s exports of rebar including round bars totaled 611,817 tons in November, falling by 14.3% from a month ago while increasing by 12% year on year, according to statistics released by the Turkish Statistical Institute (TUIK).In November, the cou...
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Date:2012/12/28
Japan’s Nippon Steel & Sumitomo Metal Corporation (NSSMC) said that it has inked an agreement with Indonesian PT Krakatau Steel to have a study to jointly establish a joint venture for producing and selling automotive steel flat products in Indon...
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Date:2013/01/06
The Korean largest steelmaker Posco and the biggest automaker Hyundai Hysco Co. together with five other steelmakers of the country were fined by its antitrust body for a total amount of 291.7 won billion (US$273 million) for fixing the price of some...
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Date:2013/01/04
Japan imported 5.4 million tons of coking coals in November, decreasing by 8.4% from a month ago and falling by 17.6% year on year, according to data of Japan’s Ministry of Finance.In the first 11 months of 2012, the country’s imports of coking coals...
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Date:2012/12/28
According to statistics released by the Japan Stainless Coil Center Association (JSCA), the country’s sales volumes of nickel-based cold rolled (CR) stainless steel totaled 27,683 tons in November, rising by 5% year on year.At the end of November, th...
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Date:2013/01/06
According to statistics released by the Ministry of Energy and Mines of Peru, the country’s iron ore production totaled 892,478 long tons in September, soaring by 81.5% year on year and increasing by 57.3% from a month ago.The data also showed that P...
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Date:2013/01/04
Reportedly, the Brazilian steelmakers are expecting better performance in 2013 due to lower costs structures and competition against imports. The favorable measure announced by the government includes reduction of industrial energy prices, better exc...