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Date:2012/09/27
It’s reported that Chung Hung Steel, one of the major carbon steel producers in Taiwan released its price policy for October on September 26th.The firm decided to cut its list prices for hot rolled steel, cold rolled steel and galvanized steel by NT$...
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Date:2012/09/25
On Monday, the US Department of Commerce (DOC) announced the preliminary results of its administrative review of the countervailing duty (CVD) order on corrosion-resistant carbon steel flat products from Korea. The review covers three com...
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Date:2012/09/27
Reportedly, Japan’s Tokyo Steel announced to cut the scrap purchasing prices further by ¥500/ton at its four steelworks from September 26th.After the adjustment, its H2 scrap average prices are at ¥24,000~¥26,000/ton.Among them, the H2 scrap purchasi...
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Date:2012/09/25
Reportedly, India’s import prices of cold rolled coils (CRC) have increased recently, driven by surged import prices of hot rolled coils (HRC).It’s learned that the Chinese and Japanese exporters currently offered CRC quoted at US$640~US$640/ton CFR ...
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Date:2012/09/25
According to the figures released by the Italian steel producers association Federacciai, Italian crude steel output decreased by 15.5% YoY in August 2012, totaling 1.22 million tonnes.August is the fifth month in a row in which a year on year output...
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Date:2012/09/24
According to statistics, Taiwan imported 22,941 tons of stainless steel scraps in August, down by 2% in comparison of 23,491 tons in July. The average import prices of stainless steel scraps were at NT$53,593/ton, falling by NT$2,359/ton from a month...
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Date:2012/09/24
According to statistics released by World Steel, the global crude steel output totaled 1.023 billion tons in the first eight months of this year, up by 0.9% year on year.The global crude steel output was at 124 million tons in August, falling by 1.0%...
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Date:2012/09/20
According to data, the EU exported 1.295 million tons of scraps in June, falling by 19% year on year and decreasing by 17.3% from a month earlier.Among them, 679,000 tons were exported to Turkey, falling by 25%; 156,000 tons were to India, reducing b...
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Date:2012/09/24
The transaction prices of steel flat products have slid by US$10~US$30/ton in the Turkish domestic market after the local steelmakers cut the prices.It’s known that the quotes of hot rolled pickled and oiled steel products have dipped by US$20/ton an...
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Date:2012/09/18
According to statistics released by the industry trade group Acero, Argentina’s crude steel output totaled 379,900 tons in August, rising by 10.4% from a month earlier while decreasing by 22.4% year on year, caused by the maintenances at several stee...
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Date:2012/09/20
It’s reported that the quotes of the US container HMS 80:20 (1&2) to Taiwan remained flat at US$356/ton C&F this week while the supply volumes decreased.This week, the US scrap suppliers only offered 2,000 tons of resources to the Taiwanese m...
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Date:2012/09/24
Recently, the German deformed steel bar market has remained soft. At present, the steelmakers’ quotes of deformed steel bar are at €580~€590/ton.However, the actual transaction prices are at €540~€550/ton due to buyers’ lower bid prices and price com...
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Date:2012/09/20
According to statistics released by the Specialty Steel Industry of North America (SSINA), the US’s imports of stainless steel products totaled 453,372 tons in the first half of this year, rising by 11.6% year on year.In the given period of time, the...
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Date:2012/09/18
RNCOS, a market research consulting Services Company indicated that Saudi Arabia’s steel consumption witnessed a double-digit growth in 2011 and the country’s apparent steel consumption is expected to raise at a CAGR 19.5% during 2012 through 2015.Th...
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Date:2012/09/24
Reportedly, the shipments of steel products from the US and Canada regionally down for August year-over-year, citing the slowing steel market in North America.In August, the US service centers’ steel shipment reached 3.65 million tons, falling by 1% ...
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Date:2012/09/20
According to report, Tokyo Steel said yesterday that it will keep it domestic prices unchanged for all steel products for October orders.The domestic scrap prices may decline further; however, Tokyo Steel decided to not reflect the lower costs to the...
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Date:2012/09/18
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:2012/09/21
According to data released by the Ministry of Economy, Trade and Industry (METI), Japan’s output of hot rolled (HR) stainless steel totaled 240,756 tons in July, down by 3% month on month and reducing by 5.7% year on year.Among them, the output of ch...
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Date:2012/09/20
It's reported that Nippon Steel reached agreement with the Australian coking coal supplier BHP Billiton Mitsubishi Alliance, acquiring 24% discount on its fourth quarter coking coal contract prices, which are down from the third quarter's U...
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Date:2012/09/18
Recently, the rebar prices seem to start rebound in the Taiwanese domestic market, driven by higher transaction volumes.It’s said that the downstream buyers have started to replenish the stocks as the rebar prices have touched the 32-month low and th...