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  • Turkey’s stainless flat steel imports up 7.5% in Nov over Oct

    Date:2013/01/05

    According to the data provided by the Turkish Statistical Institute (TUIK), in November 2012 Turkey's stainless flat steel imports rose by 7.5 percent compared to the previous month and were up 9.25 percent compared to November 2011, amounting t...

  • Kentucky Electric Steel ratifies new labor contract

    Date:2012/12/28

    The United Steelworkers Local 7054 and KES Acquisition Co. (Kentucky Electric Steel) said in a press release Wednesday that they have reached agreement on a new labor contract. The new agreement was overwhelmingly ratified in a vote. Compensation inc...

  • Brazil’s iron ore exports rise by 22.5% y-o-y in October

    Date:2012/12/31

    According to data released by the National Union of the Industry of Extraction of Iron and Base Metals (Sinferbase), Brazil’s iron ore exports totaled 26.90 million tons in October, increasing by 22.5% year on year and rising by 3% from a month ago.I...

  • Taiwanese domestic section market sales to remain normal after price rise

    Date:2012/12/27

    Taiwanese Feng Hsin has announced to rise its steel section price in early this week, it is said the company's new price for small steel sections are about NT$20,500~US$20,700/ton (about US$707~US$714/ton) and its price for ASTM A36 round bars t...

  • US finished steel imports drop in November

    Date:2012/12/28

    Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Thursday that the US imported a total of 2,659,000 net tons (nt) of steel in November, including 1,988,000 nt of finished steel (up 2 percent and down 6 pe...

  • Taiwan’s demand for EF killed wire rod rise

    Date:2012/12/27

    It’s reported that Taiwan’s demand for the electric furnace (EF) killed wire rods are expected to rise in the near future, driven by rising scrap prices.In fact, the prices of EF killed wire rods have hovered at NT$19,000/ton for a period of time in ...

  • CSSC: Taiwanese steel structure industry’s output value remains flat this year

    Date:2012/12/25

    T.H. Chen, president of China Steel Structure Co. expected the output value of Taiwanese steel structure industry would remain flat at about NT$40 billion in this year due to lower demand from Taiwanese panel plant and popular construction projects.H...

  • Posco presents with 11st information protection award

    Date:2012/12/27

    Posco was awarded the 11st Information Protection Award on December 17th, sponsored by Korea Communications Commission and hosted by Korea Internet & Security Agency. The Information Protection Award is given the group that is selected from domes...

  • Turkey’s October iron ore imports fall

    Date:2012/12/27

    Turkey’s imports of iron ore totaled 728,940 tons of iron ore in October, decreasing by 37.4% from a month ago and down slightly by 0.3% year on year.Also, the country’s iron ore imports have decreased for consecutive three months.In October, Brazil ...

  • Fitch affirms ThyssenKrupp AG at BBB- rating

    Date:2012/12/25

    Fitch Ratings has reported ThyssenKrupp AG’s Long-term IDR (issuer default rating) and senior unsecured rating was at ‘BBB-‘ level; short-term IDR was at F3. The two indexes reflect the negative look toward ThyssenKrupp. Although it has planned selli...

  • Japan’s exports of stainless steel flat products increase in October

    Date:2012/12/27

    Japan exported 66,952 tons of stainless steel flat products in October, rising by 9.4% from a month ago and up by 1.6% year on year, according to statistics released by Japan's Ministry of Finance.In October, South Korea was the largest importer...

  • Global crude steel production increases by 5.1% y-o-y in November

    Date:2012/12/25

    According to data released by World Steel, the 62 countries in the world which accounted for 98% of the global outputs produced 121.7 million tons of crude steel in November, rising by 5.1% from a month ago.In November, the daily average crude steel ...

  • Turkey’s imports of steel flat products surge by 18% y-o-y in October

    Date:2012/12/26

    According to statistics released by the Turkish Statistical Institute (TUIK), Turkey imported 513,038 tons of steel flat products in October, rising by 18.4% ear on year.In the first 10 months of this year, the country’s imports of steel flat product...

  • Japanese steel exports to ASEAN countries up 62.5% in Nov

    Date:2012/12/25

    According to the provisional data released by the Japanese Ministry of Finance, in November this year Japan's iron and steel product exports came to 3.5 million metric tons, increasing by six percent month on month and up 16.4 percent as compare...

  • H2 scrap base prices rise in Japanese Kanto region

    Date:2012/12/26

    It’s reported that the H2 scrap base prices increased to ¥28,000~¥28,500/ton in the Japanese Kanto region from December 21st, driven by Tokyo Steel’s price rise of ¥500~¥1,000/ton.It’s learned that the steel companies in Kanto region including Asahi ...

  • Tokyo Steel hikes scrap purchasing prices again

    Date:2012/12/24

    It’s reported that Japan’s Tokyo Steel announced to hike its scrap purchasing prices by ¥500/ton~¥1,000/ton at its five works from December 21st.After the adjustment, its H2 scrap purchasing prices averaged at ¥26,000~¥28,000/ton.Among them, the H2 s...

  • Turkey's Borusan invests in US to tap shale gas boom

    Date:2012/12/26

    Reported Borusan Mannesmann, Turkey’s leading steel pipe manufacturer has planned to invest steel plant in the US for domestic energy industry. The facility is expected to operate in the second half of 2014 with annual capacity of 300,000 tons. Agah ...

  • US scrap export prices to Taiwan increase

    Date:2012/12/24

    It’s reported that the US scrap export prices to Taiwan have increased before the Christmas.It’s learned that the US scrap supplier offered HMS 80:20 (1&2) to Taiwan quoted at US$380/ton C&F this week, rising by US$5/ton from a week ago.In fa...

  • Australia to enforce AD on imports from Japan

    Date:2012/12/26

    It’s reported that Australia government decided to carry out anti-dumping measures for hot rolled steel coils and sheets imported from Japan. Even though the Japanese steel industry insisted that exports of hot rolled steel coil/sheet from Japan did ...

  • Global steel output increases by 5.1% in November

    Date:2012/12/24

    Reportedly, the global steel output had reached 121.6 million tons in November, up by 5.1% year on year.According to a report by World Steel, the steel output of India was 6.4 million tons for the said period, increasing by 6.6%.China was ranked as t...

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