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Date:2012/10/23
It’s reported that most of steelmakers in the US announced to raise the prices of steel flat products by US$44/ton after AK steel’s price hike.It’s learned that AK Steel announced to hike its prices of steel flat products such as cold rolled, hot rol...
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Date:2012/10/25
Recently, Turkey’s purchasing prices of the US scraps have increased.At present, Turkish steel mills purchased the US HMS 80:20 (1&2) with prices of US$375/ton, rising by US$10~US$15/ton from the previous US$360~US$365/ton C&F.Also, the US sc...
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Date:2012/10/22
It's reported that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at ￥21,521/ton in the third week of October, falling by ￥458/ton from a week ago.Also, the H2 scrap average prices have dropped for consecutive s...
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Date:2012/10/23
It’s reported that Feng Hsin, one of the major steel long product makers in Taiwan announced to remain its list prices of rebar, scrap and section steel unchanged for this week. After the announcement, the company’s latest prices of rebar are at NT$1...
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Date:2012/10/25
Austria-based Siemens Metals Technologies announced today, on October 24, that it has received an order from Taiwanese steel producer Wei Chih Steel Industry Co. Ltd. (Wei Chih) to supply a new rolling line for bar-in-coil. The line will be construct...
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Date:2012/10/19
According to statistics released by the Metals Service Center Institute (MSCI), the US Service Center shipped 3 million tons of steel products in September, falling by 9.5% year on year.In the first nine months of this year, the shipments of steel pr...
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Date:2012/10/23
South Korean steel giant announced to raise the October list prices for stainless steel products by 200,000 won/ton in early October, driven by rebounded nickel prices.However, industry sources said that Posco may fail the raise the prices as the Sou...
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Date:2012/10/25
It’s reported that the stainless steel producers including AK Steel and North American Stainless (NAS) announced to hike the alloy surcharges for 304 grade stainless steel coils to US$0.79/lb. from US$0.76/lb. for November.Also, the two companies set...
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Date:2012/10/19
According to statistics released by the State Statistics Committee of Russia (Russtat), Russia’s output of steel products totaled 46.90 million tons in the first nine months of this year, rising by 6% year on year.At the same time, the country’s outp...
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Date:2012/10/23
San Shing, one of the major steel nuts producers in Taiwan announced that its sales revenues in the third quarter totaled NT$1.264 billion, falling by 11.4% from a quarter ago. Also, the company's gross sales profit rate declined in the given pe...
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Date:2012/10/25
It’s reported that Japan’s Tokyo Steel announced its list prices for November.It’s learned that the company remained its domestic prices for most products unchanged, except square pipes.Tokyo Steel stated that it decided to leave its November list pr...
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Date:2012/10/19
Taiwanese Chung Hung Steel has invested more than NT$3 billion to set up a new API pipe plant in middle Taiwan.Currently, Chung Hung Steel’s has completed 50% of construction of the new plant.Once the new plant is put into official operation, Chung H...
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Date:2012/10/23
According to statistics released by the Swedish Steel Producers′ Association (Jernkontoret), Sweden produced 363,200 tons of crude steel in September, falling by 5% year on year.In the first nine months of this year, the country’s crude steel product...
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Date:2012/10/19
American Iron & Steel Industries reported that, in the week ending October 13th 2012, US domestic raw steel production was 1.736 million tons while the capability utilization rate was 70.3%. Production was 1.781 million tons in the week ending Oc...
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Date:2012/10/18
It's reported that on October 10, 2012, the EU stated that it has cut antidumping (AD) duty on Chinese-made screws and bolts according to WTO's ruling on miscalculation levied on earlier. In 2009, EU imposed anti-dumping duties ranging from...
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Date:2012/10/19
Standard Bank Plc said that shipments of iron ore will be curbed by 8.2% this month after supplies shrank from from Brazil, India and South Africa.Ms Melinda Moore London based bulk commodity sales executive at the bank said that output losses from a...
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Date:2012/10/18
According to data released by the Taiwanese customs, Taiwan exported 1,749 tons of seamless steel pipes in September, rising by 12% from a month earlier. Meanwhile, Thailand was the largest importer of the Taiwanese seamless steel pipes with 966 tons...
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Date:2012/10/16
According to statistics, Thailand imported 198,243 tons of scraps in August, slumping by 4.3 times year on year while jumping by 50.9% from a month earlier.In August, Australia was the largest scrap exporter to Thailand with 57,000 tons and the US wa...
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Date:2012/10/18
Chun Yu, one of major steel wire and fastener producers in Taiwan, said the currently appreciating New Taiwanese dollar (NTD) may cause the company to have the exchange losses in this third quarter. Chun Yu said that it has about US$30~US$40 million ...
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Date:2012/10/16
Anvil International, a reputable leading pipe producer has decided to acquire North Alabama Pipe Corporation (NAP) who is a world leading fire sprinkler fabricator.This acquisition will help Anvil International to rely on strong background of pipe jo...