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Date:2012/11/15
The United States International Trade Commission (USITC) determined Wednesday that a US industry is not materially injured or threatened with material injury by reason of imports of circular welded carbon-quality steel pipe from India, Oman, and the ...
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Date:2012/11/13
Ta Chen, one of the major stainless steel product service centers in the US market announced that its combined sales revenue in October totaled NT$3.433 billion, increasing by 22.34% from a month ago.The company said the longer working days in Octobe...
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Date:2012/11/15
According to report, a bidding group including steelmaker Posco is trying to purchase about US$1 billion stake in Canadian iron ore mine owned by ArcelorMittal.The group looks to acquire about a ten percent stake in ArcelorMittal Mines Canada, in whi...
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Date:2012/11/13
YC Inox, one of the major stainless steel service centers in Taiwan, announced its October sales revenues totaled NT$1.849 billion, falling by 3.4% from September.The firm said that its October shipping volumes remained at the same level of September...
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Date:2012/11/14
According to report released by the Posco Research Institute (Posri), South Korea’s demand for hot rolled coils (HRC) would only rise slightly by 1% from a year ago to 32.9 million tons this year, caused by weak demand from downstream buyers.Neverthe...
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Date:2012/11/13
Japan’s exports of stainless steel products totaled 61,186 tons in September, decreasing by 1.4% from a month ago and falling by 19.9% year on year, according to data released by Japan’s Ministry of Finance.In the first months of this year, the count...
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Date:2012/11/14
Recently, the transaction prices of the electric furnace (EF) killed wire rods have increased to NT$18,000/ton in the Taiwanese market, driven by surged scrap prices.In fact, the transaction prices of EF killed wire rods stayed at MT$17,800/ton in th...
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Date:2012/11/12
UK-based MEPS predicted that the global crude stainless steel output would reach the new history highs of 34 million tons in 2012, reflecting a rise of 0.8% from a year ago.However, the growth rate of the Chinese crude stainless steel production may ...
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Date:2012/11/14
It’s reported that US-based Nucor announced to raise its raw material surcharges for rebar, small-and-medium size section steel and structural steel to US$225/ton, increasing by US$52/ton from the surcharges in October 11st, 2012.However, the company...
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Date:2012/11/12
According to statistics, Japan’s output of cold rolled sheets and strips totaled 1.7 million tons in the third quarter of this year, rising by 4.2% from a quarter ago while decreasing by 5.2% year on year.In the third quarter of this year, the countr...
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Date:2012/11/14
It’s reported that the US scrap prices have rebounded sharply in November due to tight supply after slumping by US$45~US$60/long ton in October.In October, the US steel mills’ scrap demand was weak in October because of the maintenance schedule, maki...
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Date:2012/11/12
Russian Magnitogorsk Iron and Steel Works (MMK) said that its subsidiary in Turkey MMK Metalurji produced 170,000 tons of crude steel in the third quarter of this year, decreasing by 40% from a quarter ago.In the third quarter, MMK Metalurji’s produc...
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Date:2012/11/14
According to data, Turkey imported 1.8 million tons of scraps in September, rising by 3.1% from a month ago while falling by 7.5% year on year.In the third quarter of this year, the country’s scrap imported totaled 5.6 million tons, sliding by 8% fro...
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Date:2012/11/12
According to report, Nippon Steel and Sumitomo Metal Corp., the world’s second largest steelmaker after Nippon Steel’s purchase of Sumitomo Metal last month, said it estimated the recurring profit, the pretax and before special items, would be about ...
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Date:2012/11/12
It is learned that ArcelorMittal is evaluating the possibility to reopen one galvanized production line in its plant in Avils, Spain which is shut down now, in order to provide steel to local automotive industry.Mr. Luis ngel Colunga, an Industry lea...
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Date:2012/11/09
According to the latest report released by the Germany-based service center Damstahl, the European stainless steel demand would decrease by 2% this year and continue to fall a further 2% in 2013.The report indicated that the European stainless demand...
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Date:2012/11/07
According to data released by the Chilean ConstructionChamber (CChC), the country’s rebar shipments in September totaled 42,710 tons, falling by 23% from a month ago while increasing by 4.4% year on year.It’s analyzed that the decrease in rebar shipm...
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Date:2012/11/09
According to data released by the Department of Commerce, the US issued licensees to import 70,374 tons of rebar in October, increasing by around 70% from the September’s preliminary Census Bureau count of 41,478 tons.Among them, the import from Turk...
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Date:2012/11/07
Ohio-based AK Steel announced to hike its prices for steel flat products including cold rolled, hot rolled and galvanized carbon steel by US$55/ton on November 5th, effective immediately.It’s learned that AK Steel previously hiked its prices of steel...
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Date:2012/11/05
Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) was at 45.4 points in October, down from September's 46.1 points, but above the earlier flash estimate of 45.3. The Markit Final Eurozone Manufacturing PMI was below the neutra...