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Date:2012/08/08
According to statistics released by the Ural Mining and Metallurgical Company (UGMK), Ukraine exported 11.729 million tons of steel products in the first half of this year, reducing by 6.8% year on year In the first six months of this year, the count...
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Date:2012/08/13
Rio Tinto Coal Australia's Blair Athol Mine, near Clermont in Central Queensland, will finish mining operations in 2012, almost 30 years of production.Clermont Region GM operations Mr Dawid Pretorius said that the mine has been progressively sca...
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Date:2012/08/07
Brazilian steel giant Gerdau is looking for a new partner to develop iron ore project in Minas Gerais state in Brazil.Mr. Osvaldo Schirmer, the Executive vice president of Finance and Investor Relations of Gerdau said that the investors from Asia, Eu...
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Date:2012/08/09
It is reported that Indonesia has awarded mineral export permits to 55 companies since it announced restrictions on such shipments this year which triggered a slump in June exports to key customers from Japan and China.Among the 55 companies, 32 are ...
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Date:2012/08/13
Coal used to make steel is set to drop to the lowest price in two years, eroding earnings at BHP Billiton Ltd. and Rio Tinto Group, as European demand wanes and China shifts supply contracts to Mongolia from Australia.
The contract price may dro...
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Date:2012/08/07
It's reported that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at ￥25,154/ton in the fifth week of July, rising by ￥21/ton from a week ago.Among them, the average price of H2 scrap in Kanto region was at ￥25,...
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Date:2012/08/09
UK based MEPS said that in China, average provincial billet transaction values declined by 3.8% in July 2012. Market sentiment has been unsettled by the downtrend in finished steel prices and a slump in the cost of raw materials, particularly, iron o...
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Date:2012/08/13
Physical prompt South African coal prices softened by $4 a tonne on Thursday after rallying on the previous day to the highest level since June.
September and October loading South African cargoes were bid at $87 and $89 a tonne on Thursday, down fr...
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Date:2012/08/07
It’s reported that Feng Hsin, one of the major steel long product makers in Taiwan announced to remain its list prices of rebar, section steel and scrap unchanged for this week.After the announcement, its list prices of rebar are at NT$19,200/ton; th...
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Date:2012/08/09
According to the preliminary statistics provided by the Brazilian Ministry of Development, Industry and Foreign Trade, Brazil's flat rolled steel exports totaled 148,600 tonnes in July 2012, decreasing by 12% MoM and up by 3% YoY.The revenue gen...
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Date:2012/08/10
It’s reported that a Turkish steel mill purchased a batch of HMS 90:10 (1&2) from the US with prices of US$416/CFR.Besides, it’s said that two steelmakers in Turkey bought HMS 80:20 (1&2) from the US with prices of US$415~US$416/ton C&F.M...
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Date:2012/08/07
Reportedly, South Korean Hyundai Steel’s sales margin rate got improved in the second quarter of this year, in spite of debt crisis in euro zone and low-priced steel product imports.In the second quarter of this year, Hyundai Steel realized sales rev...
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Date:2012/08/09
Hyundai Steel's sales margin rate got improved in the second quarter of 2012 in spite of debt crisis in euro zone and low priced steel product imports.In the second quarter of 2012, Hyundai Steel realized sales revenues of KRW 3.8612 trillion, r...
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Date:2012/08/10
Recently, the stainless steel transaction volumes have rose slightly in Asian market.It’s said that the transaction prices of 304 grade stainless cold rolled coils (CRC) increased by US$50/ton to reach US$2,550~US$2,650/ton averagely currently. Also,...
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Date:2012/08/07
The Energy Information Administration (EIA) recently announced that coal plant owners and operators expect to retire about 27 gigawatts of coal-fired capacity by 2016—four times the 6.5 gigawatts of capacity retired between 2007 and 2011. In 2012, el...
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Date:2012/08/08
According to report, iron ore prices dropped further by about 13% from a month earlier in July due to China’s steel demand weak.Iron ore price reached to the lowest of US$115.2/ton last week in these 2.5 years and is expected to drop further to US$11...
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Date:2012/08/10
According to statistics, Japan imported 11,997 tons of stainless steel scraps in June, falling by 11.6% from a month earlier.Among them, 4,864 tons were from South Korea, increasing by 1.9%; 3,311 tons were from the US, falling by 6.2%; 1,019 tons we...
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Date:2012/08/06
Reportedly, South Korea’s export quotes of cold rolled coils (CRC) to China have fallen by US$15~US$20/ton averagely over the past three weeks since the steel prices have dropped in the Chinese domestic market.Last week, the South Korean steel giant ...
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Date:2012/08/08
Reportedly, Nucor, the second largest steelmaker in the US announced to raise the prices of hot rolled, cold rolled and galvanized steel sheets by US$40/ton respectively on July 30th, which is effective immediately.Nucor stated that it decided to hik...
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Date:2012/08/10
According to statistics released by the Turkish Statistical Institute, Turkey’s exports of steel billets totaled 358,100 tons in June, jumping substantially by 2.5 times from June, 2011 and rising by 21.7% from a month ago.In June, the country’s expo...