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Date:2012/08/02
Nippon Steel, the largest steelmaker in Japan predicted that its sales profits would decrease by 89% in the first half of the current fiscal year during April through September.The company said that the weak global economy has depressed the demand fo...
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Date:2012/07/31
The Brazilian mining giant Vale released its financial report for the second quarter on July 25th.The report showed that Vale’s nickel sales volumes totaled 119,000 tons in the first half of 2012. In the given period of time, the mining giant’s nicke...
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Date:2012/08/02
Vale, the biggest producer of iron ore in the world, announces to reduce iron ore price and suspend its some parts of nickel production due to sluggish economy and tumbling market demand in China. The company indicates that the iron ore price has bee...
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Date:2012/07/31
According to data, Brazil exported 23.60 million tons of iron ore in June, falling by 5.6% year on year and decreasing by 26.25% from a month earlier.In the first half of this year, the country’s iron ore exports amounted to 135.9 million tons, remai...
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Date:2012/07/31
Feng Hsin, one of the major rebar producers in Taiwan announced to remain the list prices for section steel, scrap and rebar unchanged for this week. After the adjustment, the company’s latest prices of rebar are at NT$19,200/ton; that of section ste...
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Date:2012/07/31
It's reported that the US Department of Commerce (DOC) announced last Friday that it would place preliminary anti-dumping (AD) duties on imported wind towers made in China and Vietnam of 20%-73% and 53%-60% respectively, topping preliminary coun...
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Date:2012/07/31
Recently, most of the steel mills in the US said that they’ve hiked the steel sheet prices by US$40/short ton successfully and they are mulling to raise the prices further.However, the analyst of Goldman Sachs said that the US steelmakers might fail ...
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Date:2012/07/27
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan released to remain its list prices of electric furnace (EF) Al-killed wire rod unchanged for August, which met what market participants expected.In fact, CSC’s EF Al-killed wire rod lis...
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Date:2012/07/30
Reportedly, Japan’s largest steelmaker Nippon Steel and its major local customer Toyota Motor have agreed on a 2% price cut or ￥2,000/ton for the steel sheets for the period during April through September.Before the agreement, Nippon Steel asked for ...
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Date:2012/07/27
In the first half of this year, the 7 major specialty steel bar manufacturers in South Korea sold 1,281,649 tons of specialty steel bars, up by 1.7% year on year.In the given period of time, the sales volumes for domestic market decreased by 4.3%, ac...
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Date:2012/07/25
According to industry sources, two refinery projects and an import terminal for liquefied natural gas (LNG) will soon be granted in August by UAE and Kuwait. Kuwait and the UAE are ranked number four and five in worldwide oil production, respectively...
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Date:2012/07/30
According to report, ArcelorMittal South American’s carbon steel flat products deliveries were 1.12 million tons in the second quarter, down by 15.7% compared to the same period 2011. However, the shipment volumes were only down by 1% from the last q...
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Date:2012/07/27
It's reported that the Colombian Trade, Industry and Tourism Ministry announced on July 13rd to terminate the antidumping (AD) investigations against aluminum extrusion products and aluminum sheet originated in China and Venezuela, and decided n...
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Date:2012/07/25
According to statistics, Ukrainian ArcelorMittal Kryvyi Rih produced 3.1153 million tons of crude steel in the first half of this year, soaring by 17.5% year on year.In the given period of time, the company’s output of finished steel products totaled...
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Date:2012/07/30
Recently, the transaction prices of China Steel Corp. (CSC)’s electric furnace (EF) Al-killed finished steel wire have continued falling to NT$26,500/ton in the Taiwanese market.It’s known that the transaction prices of EF Al-killed finished steel wi...
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Date:2012/07/26
U.S. steelmaker AK Steel has just posted an approximately-US$724.2-million loss for the second quarter of this year, citing the sales volume shrinking and big taxes cost.AK Steel is one of the largest companies in the region by revenue, and its net p...
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Date:2012/07/25
China Steel Corp. (CSC), the major blast furnace mill in Taiwan has announced to cut its list prices of hot rolled coils (HRC) for September by about NT$1,000/ton for domestic market. However, most of Taiwanese downstream users complained about CSC&#...
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Date:2012/07/30
It’s reported that South Korean steel giant Posco said that South Korea’s sales volumes of stainless steel is expected to rise in August, supported by improved demand and reduced supply.Posco said that the South Korean stainless consumers will purcha...
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Date:2012/07/26
China Steel Corporation (CSC) is going to follow up setting its steel plate market prices for next month with confirmed domestic prices for September. Market sources point out that the HR plate market price is expected to be above NTD19500/ton. Howev...
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Date:2012/07/24
Kumba Iron Ore, South Africa's largest iron ore manufacturer is seeking the opportunity to develop iron ore in Western Africa in order to expand its production.In fact, the firm previously considered developing some Greenfield projects in Guinea...