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Date:2012/11/22
It’s reported that the spot iron ore prices decreased slightly recently after staying at high price level for a period of time.At present, the spot prices of Indian iron ore fine contains 63.5% Fe are at US$122.5~US$123.5/ton C&F, falling by US$0...
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Date:2012/11/20
Essar Steel Algoma, an integrated primary steel producer in Canada posted loss of US$88.40 million for the third quarter of this year, caused by high input costs and dropped selling prices.In the third quarter, the firm’s selling prices fell by 7.3% ...
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Date:2012/11/19
According to report, stainless steelmaker Posco said yesterday that it sees the construction of stainless cold rolling mill built in Izmit in Turkey’s Kocaeli province will be finished in April 2013 on schedule. The new plant’s expected annual capaci...
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Date:2012/11/22
It’s reported that the Brazilian billet exporters have faced difficulty in overseas markets since this October due to sluggish demand and low bid prices.It’s learned that the Asian buyers currently bid US$520/ton FOB for the Brazilian billets.Industr...
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Date:2012/11/20
The South Korean steel giant Posco currently said that it planned to commission its cold rolled (CR) stainless steel plant in Izmit, Turkey in next April.Posco started the construction of the Turkish CR stainless steel plant in September, 2011 and th...
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Date:2012/11/16
Reportedly, US Steel is paring down its operations in Europe and is planning to sell its remaining European steel mill.It is said that US Steel Kosice in Slovakia has received interest of purchase already. The plant with 5 million ton of capacity cos...
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Date:2012/11/22
It’s reported that Japan’s H2 scrap export prices to Asia have increased recently.Last week, Japan’s export prices of H2 scrap to Taiwan have rose to US$375/ton C&F; that to China have increased to US$375/ton FOB.Besides, Japan’s H2 scrap export ...
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Date:2012/11/20
South Korean Daehan Steel Mill plans to purchase Japanese H2 scrap with prices of ￥28,000/ton (about US$345/ton) CFR Busan, South Korea.Currently, Japanese H2 scrap export prices to South Korea are about ￥ 24,500~￥25,000/ton FOB (about US$301~US$308/...
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Date:2012/11/16
This week, a major scrap supplier in the US offered HMS 80:20 (1&2) quoted at US$375/ton C&F to Taiwan, rising by US$13/ton from a week ago.It’s known that the Taiwanese steelmakers tried to negotiate the price with the US scrap supplier but ...
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Date:2012/11/22
It’s reported that the US scrap export quote to Taiwan have continued rising this week.This week, a major scrap supplier in the US offered HMS 80:20 (1&2) quoted at US$379/ton C&F to Taiwan, rising by US$4/ton from a week ago.It’s said that t...
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Date:2012/11/20
Recently, Emirates Steel said that its steel production jumped by 33% year on year in the first nine months of this year, driven by strong demand from construction sectors.Among them, the output of deformed steel bar increased by 10% and that of stee...
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Date:2012/11/16
It is learned that Colombia is an important market for the steelmaking countries with oversupply problem, such as Brazil, Turkey and China. For example, steel giant in Brazil Usiminas reported that the company sold 1.7 million tons of steel in Q3 thi...
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Date:2012/11/20
According to statistics, the US exported 1.636 million tons of scraps in this September, slumping by 21.7% year on year and falling by 21.5% from a month ago.In September, Turkey was the largest importer of the US scrap with 656,000 tons, soaring by ...
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Date:2012/11/16
It's reported that the European Union started anti-dumping investigation against stainless steel butt-welding fittings originated in China and Taiwan, on the application of the Defense Committee of the Stainless Steel Butt-welding Fittings Indus...
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Date:2012/11/15
According to statistics, Russia exported 369,000 tons of scraps in September, rising by 2.3% year on year while falling by 16.3% from a month ago.In September, Turkey was the largest scrap importer of the Russian scraps with 175,000 tons, decreasing ...
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Date:2012/11/16
It's reported that according to data released by the Chilean National Copper Corporation, in 2012 Chile's copper price in 2012 is US$3.61/lb., increased by 9 cents compared with previous estimation. In the long run, copper price will be sti...
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Date:2012/11/15
China exported 439,057 tons of long and flat products and seamless tubes to Latin America in September, increasing by 28% from a month ago, according to data released by the Latin American Steel Association.Among them, the countries that show highest...
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Date:2012/11/13
Reportedly, the transaction prices of the US container HMS 80:20 (1&2) to Taiwan surged to US$370/ton C&F last week.It’s learned that an electric furnace (EF) mill in northern Taiwan bought 3,500 tons of scraps from the US suppliers with US$3...
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Date:2012/11/15
Global news sources have reported that US Steel Kosice, the Slovak unit of Pittsburgh, Pennsylvania-based US Steel, has confirmed that investors have expressed interest and made offers on the steel mill. US Steel is said to be considering the offers ...
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Date:2012/11/13
Ohio-based AK Steel announced to hike its base prices for 200, 300 and 400 grades flat rolled stainless steel products through a cut in the functional discount of 4 percentage points for cold rolled and hot rolled products. Meanwhile, the new prices ...