-
Date:2012/09/21
It’s reported that Indian Tata Steel won an order valued €50 million to supply 50,000 tons of rails for the new Brittany-Loire Valley line.It’s known that the steel will be produced in Scunthorpe, UK and then be rolled into rail at its mill in Hayang...
-
Date:2012/09/19
Due to the uncertain future economy in the EU, oversupply in Chin and weak demand, several carbon steel mills in Taiwan can’t achieve target to receive enough orders.China Steel Corp. (CSC), the largest steelmaker in Taiwan said the firm could not re...
-
Date:2012/09/18
It is reported that Taiwan's China Steel Structure Co. (CSSC), the subsidiary of China Steel Corp. (CSC) has received two big orders recently. It’s learned that CSSC won for Taiwanese government's the bridge reconstruction project in middle...
-
Date:2012/09/21
The nickel spot prices at LME keeps surging by over 10% from early August up to US$18,000/ton at present, bringing the market confidence for the global stainless steel market. Accordingly, the Chinese stainless steel prices finally rebound for Octobe...
-
Date:2012/09/19
South Korean steel giant Posco has started the test run at its first continuous galvanizing line at its subsidiary Shunde Posco Coated Steel in China.The company planned to put the galvanizing line into operation in this December and the annual produ...
-
Date:2012/09/17
China Steel Corp. (CSC), the largest steelmaker in Taiwan announced to cut the leeway prices for September due to weak demand.It’s learned that CSC reduced the prices of hot rolled and cold rolled leeway by NT$700/ton and NT$300/ton respectively for ...
-
Date:2012/09/21
The import prices of cold rolled coils (CRC) have remained flat for consecutive three months.It’s known that the transaction prices of CRC produced in October are at US$645~US$665/ton CFR main port in gulf areas, remaining flat in comparison of that ...
-
Date:2012/09/19
According to data released by the Japan Iron and Steel Federation (JISF), Japan’s shipments of galvanized steel plates totaled 1.07 million tons in July, rising by 5% from a month earlier and increasing by 2% year on year.Among them, 65% were shipped...
-
Date:2012/09/17
According to the preliminary data released by Statistics South Africa, the country's manufacturing output grew by 5.8% YoY in July 2012, while the seasonally adjusted manufacturing production is estimated to have decreased by 1.1% MoM.In South A...
-
Date:2012/09/21
According to statistics released by Federacciai, Italian steelmakers produced 1.22 million tons of crude steel in August, falling by 15.5% year on year.Also, the country’s crude steel output has dropped for consecutive five months.In the first eight ...
-
Date:2012/09/19
ArcelorMittal announced that it will invest US$50 million in its coke plant in Monessen Pennsylvania, which has been idled since May 2009. The investment will be used for renew the pollution-control system and set up a safe and competitive productivi...
-
Date:2012/09/17
Steel consumption in Saudi Arabia has witnessed tremendous growth on the back of rising construction activities growing investment in railway infrastructure and road projects and cheap and reliable energy supply.RNCOS said that in 2011, the steel con...
-
Date:2012/09/14
Reportedly, South Korean steel giant Posco is considering a restructuring plan of its domestic subsidiaries which belong to the Posco Group under the Fair Trade Act.The plan is aiming to develop the core business capabilities, adjust overlapping busi...
-
Date:2012/09/19
Taiwanese carbon steel plate buyers believe that the market will keep rolling because of price up on raw material costs and increasing demand, particularly driven by the third round of Quantitative Easing (QE3) by the US. As a result, some buyers hav...
-
Date:2012/09/17
The Daily Telegraph reported that China could be coming to Fortescue Metals Group's rescue, with reports suggesting the iron ore miner could sell a stake in the company to its largest customer.Unconfirmed reports have emerged that Fortescue coul...
-
Date:2012/09/14
The average prices of the US’s H1 scrap in Pittsburgh, Chicago and Philadelphia were at US$347.5/long ton on September 10th, 2012, falling by US$11.67/long ton in a week earlier.Among them, the average H1 scrap prices in Pittsburgh were at US$349.5/l...
-
Date:2012/09/17
Ukraine’s largest coal and energy producers in the Donets Basin mining machinery production group chief operating officer Yuri Renikov 11 in Tianjin said, Donbas group will strengthen cooperation with Chinese enterprises in mining machinery and equip...
-
Date:2012/09/14
According to data, Taiwan’s imports of steel bar slumped by more than 20% in the first seven months of this year, due to sluggish demand.The statistics showed that Taiwan imported 160,654 tons of steel bars in the first seven months of this year, dec...
-
Date:2012/09/12
The mining giant BHP Billiton said on September 10th that it will close its Gregory coal mine in Queensland, Australia from October 10th, due to sluggish coal prices, high input costs and appreciated Australian dollars.It’s known that the Gregory coa...
-
Date:2012/09/14
According to statistics released by the US Department of Commerce, the US exported 42,766 tons of stainless steel in July, falling by 18% from 52,341 tons in June.It’s analyzed that the dropped stainless steel exports caused by the decreased exports ...