-
Date:2012/10/18
It’s reported that US Steel announced to hike the prices of steel flat products by US$40/short ton. Also, this is the first time that the company raises prices since this July.Industry sources said that US Steel decided to raise prices of steel flat ...
-
Date:2012/10/16
Turkey exported 116,298 tons of longitudinally welded pipes in August, falling by 8.9% from a month earlier while rising by 20.8% year on year,In August, the country’s exports of spirally welded pipes totaled 22,462 tons, jumping substantially from 6...
-
Date:2012/10/18
Taiwan's China Steel Corp. (CSC) is going to have its December price announcement on October 19th. Market participants expect CSC to cut its December domestic prices as most of rolling mills and other downstream users have faced difficulty to wi...
-
Date:2012/10/16
It's reported that ArcelorMittal Galati has temporarily shut down operations at plate-rolling mill no. 1 (LTG 1) due to insufficient orders and it will be resumed when economic situation allows.According to an official of ArcelorMittal Galati, t...
-
Date:2012/10/17
According to media report, Japan's Mitsubishi Sumitomo Group, one of the largest corporate conglomerates in Japan has entered an agreement with Indonesian Transportation Ministry's railway director in Jakarta for the investment of US$250 mi...
-
Date:2012/10/16
According to the Brazilian Ministry of Development, Industry and Foreign Trade, the country’s export volumes of iron ore in September this year totaled 27.7 million tons, increasing by 0.5% from a month ago and decreasing by 7.9% year on year.However...
-
Date:2012/10/17
It's reported that Seaborne oil exports from OPEC member countries excluding Angola and Ecuador are expected to fall by 60,000 barrels per day (BPD) in the 4 weeks ending October 27th 2012.According to analysis, the future shipments of exports w...
-
Date:2012/10/15
It’s reported that the US International Trade Commission (ITC) recently decided to start the antidumping (AD) review on steel concrete reinforcing bar from Belarus, China, Indonesia, Latvia, Moldova, Poland, and Ukraine.The US ITC determined to start...
-
Date:2012/10/17
According to report released by the Germany-based service center Damstahl, the European stainless steel output dropped slightly to 4.1 million tons in the first half of this year.It’s analyzed the distributors and end users in the region delayed the ...
-
Date:2012/10/15
It's reported that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at ￥21,979/ton in the second week of October, declining by ￥950/ton from a week ago.It’s known that the H2 scrap average prices have dropped for ...
-
Date:2012/10/17
According to statistics, the US scrap exports totaled 2.084 million tons in August, falling by 25.1% year on year while increasing by 7.4% from a month ago.In August, Turkey was the largest importer of the US scraps with 508,000 tons, decreasing by 3...
-
Date:2012/10/15
The average prices of the US’s H1 scrap in Pittsburgh, Chicago and Philadelphia were at US$304.17/long ton on October 8st, 2012, falling by 43.33/long ton from a week ago and hitting the 3-month low.Among them, the average H1 scrap prices in Pittsbur...
-
Date:2012/10/17
According to data of the Taiwanese customs, Taiwan exported 7,241 tons of welded steel pipes in September, jumping by 22% from 5,934 tons in August.In September, Thailand was the largest importer of the Taiwanese welded steel pipes with 1,579 tons; V...
-
Date:2012/10/15
Reportedly, Russian United Metallurgical Company (OMK) announced that its casting rolling plant produced 63,000 tons of hot rolled coils (HRC) in September, rising by 13% year on year.Meanwhile, casting rolling plant’s output of steel sheets was at 1...
-
Date:2012/10/15
According to report, the world steel Association sees the steel demand in 27 countries of the EU to drop by 5.6% year-on-year in 2012 on debt crisis in the euro zone. The decline also represents about 15% lower than the apparent steel demand in year ...
-
Date:2012/10/12
Tom Albanese, the CEO of the Australian Rio Tinto said that the firm will continue earning profits from its iron ore business.Albanese forecasted that the annual growth rate for the global steel demand would be at 2% until 2030 and the annual growth ...
-
Date:2012/10/12
It is reported that Brazilian government published in the official gazette about the purchase of industrial carbon steel high strength pipes. The purchase totals 15.6 million Brazilian Reals is made by 2 contracts. The first contract is in favor of V...
-
Date:2012/10/10
It’s reported that the nickel prices in three-month delivery at LME dropped to US$18,550/ton on October 8th due to investors’ concerns on the uncertain global economy.World Bank cut the forecast for the Chinese economic growth for this year and next ...
-
Date:2012/10/12
The US Pittsburg-based aluminum maker Alcoa posted net loss of US$143 million for the third quarter, caused by the huge amounts of payments for lawsuit settlement.In the third quarter, Alcoa spent US$175 million of special expenses for the lawsuit se...
-
Date:2012/10/08
ArcelorMittal Kriviy Rih, Ukraine's largest integrated steel company enhanced finished roll production by 11.7% year on year to 4.032 million tons in the first nine months of this year. In the given period of time, the firm’s crude steel product...