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Date:2012/10/10
According to the Ministry of Finance, the trade statistics of Japan's ferrous scrap imports slumped by 80% to a total of 15,000 tons in August 2012, compared to the same month in 2011.In August, South Korea supplied 6,300 tons, the largest of th...
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Date:2012/10/08
Merafe Resources, South African ferro-chrome mining company said that it has concluded the negotiation with the major stainless steel producers in Europe for the fourth-quarter benchmark prices for charge chrome.The European benchmark prices for char...
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Date:2012/10/12
Chairman of Brazilian Steel Institute (IABr) said the steel industry in the country has an expectation of a better 2013 than 2012, due to the role of the government to hold the exchange rate, the adoption of a policy of trade protection and more aggr...
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Date:2012/10/10
Feng Hsin, one of the major steel long product manufacturers in Taiwan announced to cut its scrap purchasing prices further by NT$100~NT$200/ton from October 9th.IT’s said that the firm decided to reduce the scrap purchasing prices as the prices of r...
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Date:2012/10/08
Reportedly, South Korean steel giant Posco has submitted a letter of intent for the purchase of ThyssenKrupp Steel Americas.It is said that Posco has hired Credit Suisse as an advisor for the action and may also form an alliance to buy ThyssenKrupp&#...
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Date:2012/10/12
Indian JSW Steel said that India’s consumption of steel long products will exceed that of steel flat products in the following 10 years, driven by the strong demand from some infrastructure projects.At present, the country’s consumption rate of steel...
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Date:2012/10/10
It's reported that Italy's ILVA steelworks plans to keep one of its blast furnaces in southern Italy operating for another 2.5 years in spite of an immediate shutdown order issued last July by a court, saying it is an ongoing environmental ...
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Date:2012/10/08
The export price of baby billet in the US keeps declining by around US$20/ton to US$540~550/ton FOB in early September, driven down by a slump of US$30/long ton on US scrap prices in September. However, most buyers expect that the scrap prices could ...
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Date:2012/10/11
It’s reported that Tokyo Steel continues decreasing scrap purchasing prices Reportedly, Japan’s Tokyo Steel announced to cut the scrap purchasing prices further by ￥500/ton at its four steelworks from October 6th.After the adjustment, its H2 scrap av...
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Date:2012/10/10
It is reported that Posco announced to cut its steel production later this month as part of its strategies to fight against the dropping steel prices on the economic recession.According to Posco, it will not be fully operating its plants in late Octo...
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Date:2012/10/08
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless producer in Japan announced to hike the domestic prices for austenitic and ferritic grades by ￥20,000/ton and ￥10,000/ton respectively for October contracts.NSSC decided to increase i...
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Date:2012/10/11
It’s reported that Italian steel group Arvedi Group, composed of 4 steel making companies is going to build a steel pipe mill called Arvedi Metalfer do Brazil in Indaiatuba, located in Brazil's Sao Paulo state which can manufacture 60,000 tons o...
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Date:2012/10/09
Japan exported 62,041 tons of stainless steel flat products in August, rising by 1.45% from a month ago while falling by 6.6% year on year, according to the statistics released by the Japan’s Ministry of Finance.In August, China was the largest impor...
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Date:2012/09/29
According to statistics released by the Turkish Statistical Institute (TUIK), Turkey imported 32,204 tons of stainless coils in July, jumping by 26% year on year and soaring by 24% from 25,932 tons in June.In July, Taiwan was the largest stainless co...
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Date:2012/10/11
It’s reported that the Taiwanese steel pipe market has remained flat this week after the producers cut the prices by NT$500~NT$600/ton in a week earlier.It’s known that the Taiwanese steel pipe makers executed the new list prices last week. However, ...
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Date:2012/10/09
Coal exports from the Port Waratah Coal Services (PWCS) terminals based at Port of Newcastle in New South Wales, Australia, totaled 9.64 million mt in September, rising by 16.3 percent compared to August, according to the company's announcement....
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Date:2012/09/29
It’s reported that Nippon Steel & Sumikin Stainless (NSSC), the largest stainless producer in Japan announced to cut the domestic prices for austenitic and ferritic rods by ￥10,000/ton and ￥5,000/ton for September-November contracts in response t...
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Date:2012/10/11
Reportedly, Mexico has replaced Brazil to become the largest importer of the Taiwanese screws in Latin America.In the first eight months of this year, Taiwan’s screw exports to Mexico totaled 11,984 tons, rising by 6% year on year. The average export...
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Date:2012/10/09
It’s reported that Ohio Laser has won the annual Ohio Statewide Development Corporation (OSDC) SBA 504 2012 Loan Project of the Year.Ohio Laser provides precision laser cutting services, laser tube cutting, copper cutting, brass cutting and other met...
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Date:2012/09/29
According to the trade ministry, Japan’s crude steel demand may be seen to decline by 0.2% y-o-y in the fourth quarter due to the drop in car production after the end of government subsidies. Demand for exports is also expected to be slow due to the ...