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Date:2012/12/20
Froch Enterprise, one of the major stainless steel service centers and welding pipe makers in Taiwan said that its selling price for its stainless steel products in this month has increased slightly due to stable nickel prices.The company expected to...
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Date:2012/12/18
The oversupply problem has made the Taiwanese coating steel mills worry about the steel market in the first quarter of next year even though some market participants expect the demand might become better next year.Yieh Phui's manager said that t...
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Date:2012/12/17
According to report, the Finnish stainless steelmaker Outokumpu and German-owned Inoxum will formally start operation as one company under the name of Octokumpu, effective January 1st, 2013.The new Outokumpu will become the world’s largest stainless ...
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Date:2012/12/20
Reportedly, Posco E&C gained an agreement worth US$400 million with Formosa Ha Tinh Steel Corporation, a Vietnamese steel subsidiary of the Formosa Group Taiwan, to construct a facility that process materials for steel works. The new facility is ...
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Date:2012/12/18
Japan’s Tokyo Steel released its list prices for next January on December 17th.The company decided to remain its list prices for all steel products unchanged for next January. Also, Tokyo Steel has kept its list prices flat for consecutive four month...
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Date:2012/12/14
The Canadian International Trade Tribunal (CITT) recently said that it found the standard steel pipes from six countries including Taiwan, India, Sultanate of Oman, South Korea, Thailand and United Arab Emirates were dumped into the Canadian market.I...
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Date:2012/12/20
It’s reported that the German steel production is expected to return to modest growth next year, driven by the facts that the companies rebuild stocks and demand from automotive and engineering sectors rises.Meanwhile, the German Steel Association pr...
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Date:2012/12/18
The manager of China Steel Corp. (CSC), the largest steelmaker in Taiwan indicated that t the company’s allocation of cold rolled and hot rolled steel products has been overbooked in the first quarter of next year, He added that the overbooked alloca...
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Date:2012/12/14
China Steel Corp. (CSC), the largest steelmaker in Taiwan is going to release its list prices for AP plates for domestic market next week.Market insiders predicted that CSC might remain its list prices for AP plates unchanged as the import prices of ...
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Date:2012/12/20
It’s reported that LLC North European Pipe Project has rewarded approximately RUB 2.96 billion of seamless oil pipe project from Gazprom. The company also estimated the total quantity of seamless oil pipes reached 7,000 tons which will reduce from pr...
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Date:2012/12/18
According to statistics released by the Department of Commerce (DOC), the US’s exports of heavy section totaled 102,635 tons in October, jumping by 54% from a month ago.Among them, the exports to Mexico surged substantially by 213% from a month earli...
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Date:2012/12/14
According to data, the US exported around 1.08 million short tons of steel in October, soaring by 12% from 959,621 short tons in a month ago.In October, the country’s steel exports to Canada rose by 8% to 512,561 short tons; those to Mexico jumped by...
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Date:2012/12/13
It’s reported that the steel pipe makers planned to raise the API pipe export prices by US$10~US$20/ton for next January and February in response to China Steel Corp. (CSC) for the steel pipe making materials.CSC hiked the list prices for hot rolled ...
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Date:2012/12/18
According to the forecast made by the Ukrainian Association of Ferrous Metallurgy Enterprises, the country’s crude steel output would reach 2.76 million tons in next January, rising by 2.7% from this November.At the same time, the country’s pig iron ...
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Date:2012/12/14
Sidor, Venezuela's state-owned company produced 11,650 tons of rebar with diameter of 9.53mm in November, the highest volumes this year, mainly supplied for the national housing program.However, the firm did not reveal the total amounts of its r...
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Date:2012/12/13
The spot iron ore prices have surged sharply currently.At present, the spot prices of Indian iron ore fine contain 63.5% Fe to China are at US$124.5~US$125.5/ton C&F, soaring substantially by US$3/ton from the previous quotes of US$121.5~US$122.5...
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Date:2012/12/14
The steel giant ThyssenKrupp said this week that it has no plan to restart its idle No.9 blast furnace (BF) as demand in Europe is weak.It’s known that the initial schedule for the reline at the No.9 BF which as shut down at ThyssenKrupp’s Hamborn si...
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Date:2012/12/13
Mr. I-Shou Lin, the president of Yieh United Steel Corp. (Yusco), the largest stainless steel manufacturer in Taiwan said that the global stainless steel market might recover gradually next year after staying weak for a long.Meanwhile, the LME nickel...
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Date:2012/12/11
According to data, Japan exported 20,090 tons of H beams in October with average prices of US$788.56/ton FOB in October.In October, South Korea was the largest importer of the Japanese H beam with 6,911 tons with average prices of US$839.10/ton FOB; ...
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Date:2012/12/13
It is reported that Taiwanese rebar mills’ allocation has been fully booked at the prices of NT$17,500/ton currently, driven by rising prices of iron ores and scraps and steelmakers’ price rise.It’s known that the Chinese Baosteel announced to hike i...