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Date:2013/10/30
Hit by the dramatic rise in finance costs and rupee depreciation, Jindal Stainless' (JSL) reported a net loss of Rs 412 crore for the second quarter ended September 30, 2013. Also, the Company holds a conservative outlook on the domestic stainle...
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Date:2013/11/05
The financial services provider Barclays has hiked the estimates for nickel prices for 2014 to US$15,000/ton from US$14,000/ton, boosted by lower output.Meanwhile, Barclays also increased its estimates for copper prices for the fourth quarter to US$7...
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Date:2013/10/29
It’s reported that Quintain Steel, one of the major wire rod producers in Taiwan announced to remain its list prices for wire rods unchanged for November.Also, the company has kept its wire rod list prices flat for consecutive two months.After the ad...
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Date:2013/11/04
It's reported that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at ￥33,696/ton in the fourth week of October, rising by ￥498/ton from a week ago.Among them, the average price of H2 scrap in Kanto region was at...
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Date:2013/10/29
According to data released by Japan Iron and Steel Federation (JISF), the country’s crude steel production totaled 9.3 million tons in September, rising by 5.5% year on year, driven by strong demand from manufacturing industry, carmakers and construc...
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Date:2013/11/04
It’s reported that the Turkish steelmaker Kardemir announced to raise domestic scrap purchasing prices, effective from October 29th.After the adjustment, the purchasing prices for P&S scraps are at TRY770/ton; rising by TRY25/ton from the purchas...
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Date:2013/10/28
Reportedly, a US$14.1 million iron ore pellet mill, the largest of its kind located in Vi Xuyen district, the north western province of Ha Giang in Vietnam was commenced operation on October 15th, 2013 after more than a year of construction.The mill ...
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Date:2013/10/28
According to data released by Taiwan’s Ministry of Economic Affairs (MOEA), the country’s industrial production index rose by 1.6% year on year but falling by 3.5% from a month ago in September.However, the seasonally adjusted industrial production i...
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Date:2013/10/28
Real steel consumption in the European Union is forecast to decrease by around 3.5 percent in 2013, according to the Economic and Steel Market Outlook 2013-2014/Q4 2013 Report from the Economic Committee of the European Steel Association (EUROFER).
I...
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Date:2013/10/25
It’s reported that the average prices of the US’s H1 scrap in Pittsburgh, Chicago and Philadelphia were at US$334.17/long ton on October 21st, 2013, keeping unchanged from a week ago.Also, the H1 scraps average prices have remained flat for consecuti...
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Date:2013/10/22
According to statistics, Russia’s iron ore exports totaled 2.32 million tons in July, rising by 5.9% year on year.In July, China was the largest importer of the Russian iron ore with 1.43 million tons.In the first seven months of this year, the count...
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Date:2013/10/25
It’s reported that Japan’s Tokyo Steel announced to raise its scrap purchasing prices at its Utsunomiya works by ￥500/ton from October 24th.After the adjustment, its H2 scrap prices averaged at ￥34,000~￥36,500/ton.Among them, the scrap purchasing pri...
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Date:2013/10/22
According to a statement released by the Turkish Iron and Steel Producers' Association (TCUD), Turkish crude steel production, which had been indicating a slowdown since the last quarter of 2012, exceeded 3 million mt in September, for the first...
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Date:2013/10/17
China Steel Corp. (CSC) announced its carbon steel sales volume in September reached to 793,119 tons, rising about 5.2% from August. The total sales volume for the first nine months is about 7.15 million tons which domestic sales took 65%.As for the ...
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Date:2013/10/25
According to data released by the Korean Iron & Steel Association (KOSA), Korea’s imports of stainless hot rolled coils (HRC) totaled 35,211 tons in September, rising by 7.8% from a month ago and increasing by 18.6% year on year.The import prices...
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Date:2013/10/22
World crude steel production in September showed an increase of 6.1 percent year on year, reaching 132.54 million metric tons, while a two percent growth was observed on month-on-month basis, according to the World Steel Association (worldsteel).
In ...
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Date:2013/10/17
Reportedly, the quotes of the US HMS 80:20 (1&2) to Taiwan have increased again this week.It’s known that the US scrap suppliers offered HMS 80:20 (1&2) quoted at US$362/ton CFR this week, rising by US$10~US$12/ton form a week ago.Last week, ...
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Date:2013/10/24
It’s reported that the Northern European steelmakers have sought to raise hot rolled coil (HRC) prices to €460~€470/ton for the first quarter of 2014.In fact, the production lines of the German steelmakers and some manufacturers in North Europe have ...
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Date:2013/10/21
According to data released by the State Statistics Committee of Kazakhstan, the country’s crude steel output totaled 2.497 million tons in January- September, falling by 18% year on year.In the given period of time, the country’s ferroalloy output am...
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Date:2013/10/16
Japan’s Nippon Steel & Sumitomo Metal Corp (NSSMC) announced to keep its contract prices for H-beam unchanged for October as the price rise for September was not accepted completely.At present, the market prices for SS400 H beam are at ￥76,000~￥7...