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Date:2012/09/03
Pakistan Steel Mills, the producer of the long rolled steel and heavy metal products and entities in the country announced to cut the prices of hot rolled coils and cold rolled coils by PKR1,200~PKR1,400/ton and PKR500~PKR3,300/ton respectivelyIt’s k...
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Date:2012/09/05
The Chinese company, better known as Chalco, in April proposed to buy up to 60 percent of Vancouver-based SouthGobi for C$8.48 a share. But the Mongolia passed a law in May restricting foreign state companies from controlling assets in key areas such...
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Date:2012/09/03
According to statistics, Ukraine exported 6.015 million tons of semi-finished steel products in the first seven months of this year, falling by 8.3% year on year.In the given period of time, the country imported 241,940 tons of semi-finished steel pr...
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Date:2012/09/05
While India's parliament is logjammed by the Opposition over"coalgate", the multi-billion dollar scam over allocation of coal blocks by the government, there is good news from the power ministry as an official said Saturday the country's co...
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Date:2012/08/31
The rich natural gas deposit has boosted the potential demand in Argentina for steel tube and pipe market. Mr. Sachin Shivaram, the head of strategy and marketing of ArcelorMittal long carbon Americas said the firm will shortly increase the productio...
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Date:2012/09/03
ArcelorMittal has recently signed up a contract with Italian Tenova Melt Shops for the turnkey supply of a 300 tons ladle furnace (LF) that will operate in integrated cycle in the plant located at Gent, Belgium, following the supply of 320 tons twin ...
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Date:2012/08/31
The average prices of the US’s H1 scrap in Pittsburgh, Chicago and Philadelphia were at US$359.17/long ton on August 27th, 2012, remaining flat from a week earlierAmong them, the average H1 scrap prices in Pittsburgh were at US$359.5/long ton; that i...
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Date:2012/08/29
It’s reported that he US steelmakers such as Nucor announced to raise the medium heavy plate prices by US$50/short ton early this August, driven by rising scrap prices.In fact, the medium heavy plate prices had dropped to US$780~US$800/short ton in t...
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Date:2012/08/31
It's reported that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at ￥26,996/ton in the fourth week of August, rising by ￥623/ton from a week ago.Among them, the average price of H2 scrap in Kanto region was at ...
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Date:2012/08/29
It’s reported that India is complaining the conclusion made by the US that the Indian steel makers obtained subsidy on iron ore acquired from a state-owned company. In the reports, in December 2001, the US government imposed the restrictive duty and ...
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Date:2012/08/31
Reportedly, Iran has carried out fifteen oil pipeline projects since 2011, according to information released by National Iranian Oil Engineering and Construction Company.The projects valued US$47.5 billion have been set up to develop different sector...
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Date:2012/08/29
Byelorussian Steel Works (BMZ), one of the best metallurgical enterprises in the world has recently announced that it produced its five millionth ton of wire rod at its mill 150.It’s known that the production volumes have been produced for almost 12 ...
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Date:2012/08/31
Byelorussian Steel Works (BMZ), a Belarusian company operating in the steel industry has made it public that its mill 150 produced its five millionth ton of wire rod in mid-August. This output volume has been produced over a period of almost 12 years...
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Date:2012/08/29
According to the Colombian government statistics agency DANE, Colombia’s manufacturing output rose by 2.8% year on year this June. At the same time, the country’s steel output surged by 19.4% year on year.In the first six months of this year, Colombi...
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Date:2012/08/30
According to statistics, Indonesia imported 118,000 tons of scraps in May, slumping substantially by 40.4% year on year and decreasing by 9% from a month earlier.Among them, 33,000 tons were from Australia, soaring significantly by 572.3%; 16,000 ton...
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Date:2012/08/29
Reportedly, Indonesia’s major steelmaker Krakatau Steel is going to establish a new plant in order to produce hot strip in 2013and it expects to invest US$400 million in the said project.The official of Krakatau Steel said the company is doing a feas...
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Date:2012/08/30
Reportedly, India-based Jindal Steel & Power Ltd (JSPL) has commissioned its new plate mill at Angul in eastern India’s Odisha state and it started the commercial production in August.The new plate mill is capable of producing the plates in steel...
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Date:2012/08/28
It's reported that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at ￥26,373/ton in the third week of August, rising by ￥1,219/ton from a week ago.Also, this was the first time that the Japanese H2 scrap average...
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Date:2012/08/30
Reportedly, Fitch Rating predicted that Chinese steelmakers are not likely to reduce production amid the lasting weak demand, and the steel prices is going to keep soft in the second half of 2012 and through to the first quarter of 2013.Fitch analyze...
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Date:2012/08/28
China Steel Corp. (CSC), the largest steelmaker in Taiwan announced to cut its list prices for steel wires and bars substantially by NT$1,800/ton for October and November after reducing the list prices by NT$1,300/ton for September.After the adjustme...