-
Date:2012/07/13
Currently, South Korea’s demand for hot rolled coils (HRC) has remained sluggish.It’s known that the Chinese steelmakers offered SS400 boron-added HRC quoted at US$595~US$600/ton CFR to South Korea currently, falling by US$20/ton from the quotes in m...
-
Date:2012/07/17
According to statistics of the Bureau of International Recycling (BIR), the EU-27 countries exported 6.15 million tons of scraps in the first quarter of this year, surging by 38% year on year, exceeding the US to become the world’s largest scrap expo...
-
Date:2012/07/12
The Mozambique government has issued Brazilian mining major Vale with the definitive exploration rights for its Moatize coal operation. The deed is officially entitled the Right of Land Use and Improvement (Direito de Uso e Aproveitamento de Terra – ...
-
Date:2012/07/13
It’s reported that the Turkish steel mills increased the steel sheet prices by US$5~US$10/ton this week.At present, the ex-factory prices of hot rolled coils (HRC) are at US$620~US$630/ton in Turkey. Meanwhile, the Turkish mills offered HRC quoted at...
-
Date:2012/07/17
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for September on July 20th, 2012.As Chinese steel giant Baosteel’s price cut for August was much higher than expected, market participants forecasted...
-
Date:2012/07/11
China's steel industry, already experiencing a big drop in profits since the turn of the year, will continue to face a downturn in the second half, as demand remains gloomy and an overcapacity of steel continues, according to a leading industry ...
-
Date:2012/07/13
According to Zambian investment agency, the country aims to become the world's fifth top copper producer by 2015 due to massive investments in the sector.Zambia's copper output currently ranked seventh in the world but is showing the potent...
-
Date:2012/07/17
Since the beginning of 2012, China Steel Corp.(CSC), the largest carbon steelmaker in Taiwan had informed its downstream users that the global steel prices will rebound soon and they suggested its buyers to restock their inventory at that moment.Howe...
-
Date:2012/07/11
South Korea's trading company Posco P&S purchase a batch of P&S scrap from Japan with prices of ￥29,000/ton FOB on July 5th.It’s said that the Japanese scrap supplier sold the P&S scrap to Posco P&S with lower price as the P&...
-
Date:2012/07/13
According to statistics released by Spetsstal, the Russian Special Steel and Alloys Consumers and Suppliers Association, Russia exported 452 million tons of stainless steel products in May, falling by 11.5% from a month earlier.In the first five mont...
-
Date:2012/07/16
Novolipetsk Steel (NLMK), one of the major steelmakers in Russia announced to suspend its No.2 blast furnace (BF) at its Lipetsk works for 60 days, staring from July 6th.NLMK indicated that the reduced demand for pig iron from domestic and overseas m...
-
Date:2012/07/11
According to data released by Ministry of Development, Industry and Foreign Trade of Brazil (MDIC), Brazil exported 168,900 tons of steel flat products in June, falling by 28.6% from a month earlier while increasing by 18.3% year on year.In June, the...
-
Date:2012/07/13
According to National Entrepreneurs of Colombia (ANDI), Colombia’s scrap exports surged substantially by about 200% in last few months; most of them were sent to their new home in China.This situation makes the industry worries it could lead a boom o...
-
Date:2012/07/16
According to statistics released by the State Statistics Committee of Ukraine, the country’s iron ore exports totaled 34.123 million tons in 2011, rising by 4.2% year on year. In 2011, the country’s export values generated by iron ore amounted to US$...
-
Date:2012/07/11
According to statistics released by Russian’s special steel association Spetsstal, the country’s imports of stainless steel totaled 18,975 tons in May, rising by 9.5% from a month earlier.Among them, the imports of medium-size section steel surged by...
-
Date:2012/07/12
According to the statistics provided by the Brazilian Ministry of Development, Industry and Foreign Trade, Brazil's flat rolled steel exports totaled 168,900 tonnes in June 2012, decreasing by 28.6% MoM and up by 18.3% YoY.The revenue generated ...
-
Date:2012/07/16
It's reported that Rio Tinto decided to abandon € 1 billion Moncorvo iron ore project after talks with the Portuguese government on July 11st. According to information sources, the Rio Tinto Group is not interested in small-scale mines like Monc...
-
Date:2012/07/11
The market prices of stainless steel keep tumbling for five months in a row with slack nickel prices.The Taiwanese stainless steel mills also decline their domestic prices by around NT$1,000~NT$1,500/ton for July. Most steelmakers indicate the stainl...
-
Date:2012/07/12
Prompt thermal coal delivered into northwest Europe traded back below $90/mt early Tuesday, as oversupply continues to dominate the CIF ARA market.
A 50,000 mt September DES Amsterdam-Rotterdam generic cargo with exchange of futures for physical term...
-
Date:2012/07/16
Ta Chen, one of the major stainless steel pipe markers and service centers in Taiwan announced that its Q2 before tax sales profit was at NT$408 million.Due to the weak LME nickel price and market demand, Ta Chen did not get good sales number in this...