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Date:2013/03/13
According to statistics, India imported 8.17 million tons of scraps in 2012, soaring by 30.4% year on year. Also, the country’s scrap imports hit new record highs in 2012.In 2012, the scrap imports from the US totaled 1.305 million tons, increasing b...
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Date:2013/03/15
Russian steelmaker Severstal has announced that Cherepovets Steel Mill, a part of its Russian steel division, will invest up to RUB 2.5 billion ($81 million) in its environmental improvement program in 2013.
According to Severstal, this investment is...
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Date:2013/03/13
Reportedly, Swedish steelmaker SSAB planned to invest new value-added services along with a cutting line at its distribution center in Zorawina near Wroclaw, southwest Poland. The new project will be able to offer plasma with oxy cutting services wit...
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Date:2013/03/15
In the fourth quarter last year, the number of persons employed in the euro area decreased by 0.8 percent while employment in the European Union (EU-27) decreased by 0.4 percent, both compared with the corresponding quarter of 2011, according to nati...
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Date:2013/03/13
Reportedly, Czech-based ArcelorMittal Ostrava has announced to launch new tube production line with polypropylene coating process in Ostrava of the Czech Republic. The new products are expected to supply for transportation of drinking water, oil and ...
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Date:2013/03/13
According to the latest data released by Statistics South Africa, in January this year the country's producer price index (PPI) for exported commodities decreased by 0.3 percent year on year and was up 2.5 percent compared to the previous month....
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Date:2013/03/13
According to the State Statistics Committee of Russia (Russtat), in January this year Russia's exports of iron ore decreased by 1.6 percent year on year to 1.796 million mt, worth a total of $146.1 million, down 32.6 percent year on year. ...
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Date:2013/03/12
According to the statistics released by the Taiwan Ministry of Finance, in February this year Taiwan's export value of iron and steel and articles made from iron and steel amounted to $1.1 billion, decreasing by 20.9 percent compared to the same...
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Date:2013/03/11
According to data released by the Port Authority, Australian Port Hedland exported 20 million tons of iron ore in February, falling by 9.9% year on year while rising by 1.65% year on year.Among them, 15.6 million tons were made to China, decreasing b...
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Date:2013/03/12
Chang Zhenming, chairman of Hong Kong-based conglomerate CITIC Pacific, has stated at China's 12th National People's Congress (NPC), that the company's Sino Iron project in Western Australia will probably achieve an annual output of 5 ...
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Date:2013/03/08
Kloeckner & Co. (KCO), the German-based steel trader reported a loss last year due to the shrinking demand for metals. The net loss sum up to €198 million and the earnings before interest, taxes, depreciation and amortization including restructur...
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Date:2013/03/07
It is reported that Kosovo's Llamkos GalvaSteel planned to restart its hot-dip galvanized sheet production of in March after two months temporary shutdown during January-February. Meanwhile, the company has purchased approximately 5,000 tons of ...
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Date:2013/03/12
The Canadian International Trade Tribunal Monday issued an order following the expiry review of its finding made on March 10, 2008 concerning the dumping and subsidizing of seamless carbon or alloy steel oil and gas well casing from the People's...
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Date:2013/03/08
It’s reported that the average prices of the US’s H1 scrap in Pittsburgh, Chicago and Philadelphia were at US$347.17/long ton on March 4th, 2013, rising by US$6.67/ton from a week ago.Among them, the average H1 scrap prices in Pittsburgh were at US$3...
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Date:2013/03/06
It is reported that Korea's steel giant Posco's Processing & Service Co and Hyundai Steel have made their different bids for their new purchase of high-grade ferrous scrap from Japan. It’s known that Posco’s bid price for Shindachi scra...
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Date:2013/03/12
The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell 1.6 percent in the week ending March 9, following a 0.8 percent increase a week ago and a 1.6 percent drop the week prior.
Total raw steel production in th...
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Date:2013/03/08
Japan exported 21,000 tons of rebar in January with export revenues of ￥920 million. The export prices averaged at ￥44,425/ton.Among them, 20,000 tons were export to Korea with average prices of ￥43,993 tons and 276 tons were to Indonesia with averag...
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Date:2013/03/06
It’s reported that the Japanese steel mills will increase the prices of its hot rolled coils for April shipments for the customers in the regions such as Latin America and Middle East. Accordingly, their prices will reach to the level of US$680~US$69...
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Date:2013/03/12
According to data released by the US Department of Commerce (DOC), the US’s import license for stainless steel products decreased by 7.68% from a month ago to 97,740 tons in February.Among them, the import licenses for cold rolled stainless steel pro...
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Date:2013/03/08
It’s reported that Egyptian Ezz Steel announced to hike the hot rolled coil (HRC) ex-work prices by EGP110/ton to EGP4, 965/ton for March, affected by higher input costs and depreciated Egyptian pound.Market insiders predicted that the Egyptian steel...