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Date:2012/12/04
Moody’s Investors Service predicted that Asian steel demand would rise slightly in next year. Also, it forecasted that China’s steel demand would increase by 2%~4% in 2013.China’s steel production and consumption accounted for 70% in Asia. The imbala...
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Date:2012/11/30
It’s reported that Russia-based TMK, a major global supplier of steel pipes for the oil and gas sectors announced that its pipe sales dropped by 5% quarter on quarter to 1.05 million tons in the third quarter of this year.The firm indicated that the ...
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Date:2012/12/04
It’s reported that the South Korean SeAH Besteel bid ￥28,000/ton C&F for the Japanese H2 scraps recently, falling by ￥1,000/ton in comparison of the other South Korean steel mills’ previous purchasing prices.Besides, SeAH Besteel’s bid prices for...
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Date:2012/11/30
Reportedly, Japan’s Kobe Steel currently said that it planned to build a new plant in Kentucky in the US, mainly to produce the casting aluminum bars for the car compressor components.It’s learned that the firm will build a new plant in Kentucky thro...
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Date:2012/11/29
According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the January-October period of the current year Ukraine's exports of steel products decreased by 4.96 percent compared to the same pe...
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Date:2012/11/30
On November 26th, 2012, the Australian Customs and Border Protection Department announced formally to initiate a countervailing duty investigation against galvanized sheet and galvalume steel from China, covering the period from July 1, 2011 to June ...
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Date:2012/11/29
Italian Environment Minster Corrado Clini said on Tuesday that the government will find a solution to settle the closure of Ilva steel plant before meeting with Ilva management. Ilva, one of the biggest plants in steel industry, was facing an order f...
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Date:2012/11/27
It's reported that ArcelorMittal may lay off as many as 400 jobs at its Liege plants after trade unions rejected the planned cutbacks.It is said that ArcelorMittal is forming an employment committee to cut staff.According to the head of ArcelorM...
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Date:2012/11/29
In September this year, Japan's hot rolled plate and sheet shipments increased by two percent on month-on-month basis and were down by eight percent on year-on-year basis, amounting to 914,211 metric tons. 71 percent of shipments were made to th...
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Date:2012/11/27
According to report, Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) reported its production in the third quarter was 3.4 million tons, about 2% rise from the second quarter. It also produced about 3.1 million tons of finished steel, rem...
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Date:2012/11/29
According to statistics released by the Turkish Statistical Institute (TUIK), Turkey imported 18,674 tons of seamless steel pipes in November, falling by 12% year on year and decreasing by 9% from a month ago.In the first nine months of this year, th...
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Date:2012/11/27
It’s reported that Tata Steel Europe announced to raise its prices for steel long products and steel flat products by €40/ton respectively, effective immediately.Industry sources said that since several steelmakers have suffered from the losses for a...
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Date:2012/11/29
Reportedly, Steel Dynamics Structural and Rail Division invested a new heat-treating machine at Columbia City, Indiana. Mark D. Millett, the Chief Executive Officer of Steel Dynamics said this investment will allow the company to further expand and d...
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Date:2012/11/27
ArcelorMittal Temirtau, the largest metallurgical enterprise in Kazakhstan, has stated that in November it plans to ship around 230,000 mt of rolled steel products, up 22 percent compared to October, including 50,000 mt of square billets, 60,000 mt o...
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Date:2012/11/28
According to statistics, Argentina produced 413,700 tons of crude steel in October, rising by 4.5% from a month ago while falling by 18.2% year on year.In October, the country’s production of hot rolled coils totaled 385,900 tons, down by 3.8%; that ...
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Date:2012/11/27
On Friday, the US Department of Commerce (DOC) announced the final results of its expedited sunset review of the antidumping (AD) orders on steel concrete reinforcing bars from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine. As ...
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Date:2012/11/28
According to data, South Korea imported 305,000 tons of cokes in the first ten months of this year, falling by 22.8% year on year.Meanwhile, the country’s import revenues generated by cokes totaled US$120 million, decreasing by 28% year on year. The ...
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Date:2012/11/26
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced its price policy for next January and February on November 22nd.The firm decided to raise the list prices for hot rolled steel and cold rolled steel by NT$281/ton and NT$56/to...
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Date:2012/11/28
Taiwan's Formosa Heavy Industries is having a new progress on its steelwork in Vung Ang, Vietnam.The firm has placed an order to the Austrian plant maker Siemens for the four continuous casting machines for its new plant in Vung Ang, Vietnam whi...
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Date:2012/11/26
According to data released by Japan’s Ministry of Finance, the country’s exports of steel products totaled 3.328 million tons in October, falling by 6.7% from a month ago and decreasing by 1.1% year on year.Also, the country’s exports of steel produc...