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Date:2012/12/03
Japan-based Toyota Tsusho has set up a steel processing center named Toyota Tsusho Processing De Mexico S.A.de C.V. ( TTPM) in Mexico.The firm planned to put the processing center into operation in August, 2013.It’s known that the firm has already ow...
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Date:2012/12/07
Mexico’s consumption of steel products totaled 18.1 million tons in the first 9 months of this year, growing by 16.7% year on year, according to statistics released by the national steel chamber Canacero.Among them, the steel imports accounted for 7....
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Date:2012/12/05
According to the statistics released by the Turkish Statistical Institute (TUIK), Turkey exported 714,035 tons of rebar in October, rising by 6.7% from a month ago and increasing by 11.6% year on year.The country’s export revenues generated by rebar ...
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Date:2012/12/03
Japan exported 1.1 million tons of hot rolled (HR) steel flat products in October, falling by 7.4% from a month earlier while rising by 4.7% year on year, according to statistics released by Japan’s Ministry of Finance.In the first ten months of this...
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Date:2012/12/07
Reportedly, the South Korean steel giant Posco has been confirmed the negotiation right to acquire 15% stakes in a Canadian iron ore mine operated by ArcelorMittal. This deal has estimated to worth more than US$1 billion. Posco intends to buy the sta...
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Date:2012/12/05
Reportedly, shanghai steel futures climbed 1.6% on Monday from a week long fall, showing a sign that world's No. 2 economy is on the mend.According to a survey of HSBC that manufacturing activity in China accelerated for the first time in 13 mon...
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Date:2012/12/03
Reportedly, Malaysia Steel Works (KL) Bhd has just posted a RM-7.55-million pre-tax profit for the third quarter, decreasing by 57% from the same period of 2011.The company said the profit shrinkage was mainly caused by the higher input cost and lowe...
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Date:2012/12/06
According to statistics, Japan exported 17,900 tons of steel sheet piles in October, rising by 4.6% month on month and jumping substantially by 3.3 times year on year.The country’s export prices of steel sheet piles averaged at ￥65,000/ton FOB.In the...
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Date:2012/12/05
According to report, the US steel import remains slow to the end of the year; however, it is expected it will pick up in 2013.Due to the price gap is not large between domestic and foreign markets as well as the long lead times for imports, the impor...
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Date:2012/12/03
One official from ArcelorMittal USA said recently that he sees positive growth of steel industry in the next few years in slower rate, and the US market is holding against import, and resulting in more exports.He indicated that the main support for t...
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Date:2012/12/06
It’s reported that the US scrap export prices to Taiwan have dropped recently.Its’ learned that the latest quotes of the US HMS 80:20 (1&2) and shredded scraps to Taiwan are at US$368/ton C&F and US$375/ton C&F respectively, falling by US...
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Date:2012/12/04
Feng Hsin, one of the major steel long product manufacturers in Taiwan announced to cut its list prices for rebar by NT$200/ton to NT$18,200/ton for this week after continuously raising prices for consecutive six weeks.However, the firm remained its ...
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Date:2012/12/03
On November 30, 2012, Eurostat, the Statistical Office of the European Communities, reported that the seasonally adjusted unemployment rate in the European Union member states (EU-27) was 10.7 percent in October this year, up from 10.6 percent in Sep...
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Date:2012/12/06
It’s reported that Indonesia’s purchasing prices of the foreign scraps have remained high recently in spite of the fact that the scrap prices have dropped in the international market.At present, the Indonesian buyers purchase the US HMS 80:20 (1&...
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Date:2012/12/04
The South Korean Hyundai Steel recently announced to raise its domestic prices for commercial grade hot rolled coils (HRC) by 20,000 won/ton for December delivery.Hyundai Steel stated that it decided to raise its HRC prices in order to reflect the in...
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Date:2012/11/30
SGIS Shongshan Company, a leading Guangdong Province-based Chinese steel producer has planned to conduct two stages of hot run test for alloy steel round bar production line.After the commission of the production line, its yearly production capacity ...
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Date:2012/12/06
Australian Federal Government has announced the anti-dumping reforms today. Mr. Paul O'Malley, the CEO of BlueScope CEO said that they have suffered the unfair competition and the estimated lost was up to US$100 million in the last financial yea...
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Date:2012/12/04
According to statistics, Japan’s iron ore imports totaled 11.792 million tons in October, rising by 11.6% year on year.In October, the country’s import revenues generated by iron ore totaled ￥13.073 million, falling by 10.8% year on year. The average...
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Date:2012/11/30
Czech-based ArcelorMittal Ostrava has planned to initiate the production project of weatherproof steel at medium and heavy section mill in Ostrava work site.This newly cutting edge development contains higher content of copper, mainly applied on the ...
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Date:2012/12/06
According to statistics, South Korea imported 118,000 tons of steel plates in November, falling from 126,000 tons in October.In November, the country’s import prices of Japanese steel plates averaged at US$796/ton, decreasing by US$15/ton from a mont...