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Date:2013/03/06
It is said that Turkey's largest integrated steel producer, Erdemir Group, has tendered for a second continuous galvanizing line at its Eregli works,and also for its melt shop upgrade at its Iskenderun works.Erdemir sets budget plan of US$300 mi...
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Date:2013/03/11
It’s reported that Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to hike its domestic prices for austenitic cold rolled coils (CRC) and plates by ￥15,000/ton for March contracts, due to higher ra...
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Date:2013/03/08
According to statistics, Turkey imported 29,000 tons of stainless steel wide strips in January, falling by 8.4% year on year while rising by 8.9% from a month ago.In January, the country’s import revenues generated by stainless steel wide strips tota...
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Date:2013/03/06
Indian stated-run National Mineral Development Corporation (NMDC) has cut its lump ore prices by 2.2% for March while it remained fine ore prices unchanged at INR2,610/ton.Industry sources said that the price cut on lump ore will help to release pres...
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Date:2013/03/11
The local authorities in Rio de Janeiro have ordered Companhia Siderurgica Nacional (CSN) to stop the construction of the new steel mill in the state, because the company didn’t pay the compensation fee on time for the environmental impact. CSN had a...
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Date:2013/03/07
Emirates Steel (ESI) will increase the output at its heavy sections mill from 25,000-30,000 tons to 45,000-50,000 tons per month in the second quarter of this year. The company will aim the construction projects in the Gulf Cooperation Council (GCC),...
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Date:2013/03/06
Reportedly, Saudi Basic Industries Corporation (SABIC), the Gulf Cooperation Council's largest steel producer, will aim to increase its wire rod annual production capacity to 700,000 tons in the second quarter of this year.Meanwhile, the new exp...
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Date:2013/03/11
The Department of Commerce, Government of India announced on January 4th, 2013 that the complainant has quashed an indictment against 200 grade stainless steel cold rolled (CR) stainless steel sheets with width less than 600mm from China, the US and ...
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Date:2013/03/07
Recently, the transaction prices of China Steel Corp. (CSC)’s electric furnace (EF) Al-killed wire rods have remained firm in the Taiwanese steel market.It’s known that the transaction prices of CSC’s EF Al-killed wire rods have reached NT$25,500~NT$...
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Date:2013/03/05
It's reported that the average prices of Japanese H2 scrap in Kanto, Central and Kansai region were at ￥32,743/ton in the fourth week of February, increasing by ￥1,101/ton from a week ago.Also, the Japanese H2 scrap average prices have reached t...
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Date:2013/03/11
According to data released by the Brazilian Ministry of Development, Industry and Foreign Trade, the country’s iron ore exports totaled 20.7 million tons in February, falling by 16.2% from a month ago and decreasing by 8.7% year on year.The country’s...
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Date:2013/03/07
Indian Steel Authority of India Limited (SAIL) announced to hike the prices of all steel products by INR500/ton for March.The Chairman of SAIL said that it’s reasonable to raise steel prices as the international steel prices are rising and the raw ma...
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Date:2013/03/05
It’s reported that the Korean section steel producers announced to hike the ex-factory prices for March to reflect higher input costs, in spite of weak demand.Hyundai Steel increased the prices of section steel by KRW30, 000/ton from March 1st and Do...
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Date:2013/03/07
The Australian mining giant Rio Tinto forecasted that iron ore prices might slump by 33% to around US$100/ton in the following 18 months, affected by uncertain global economy.Sam Walsh, the new CEO of Rio Tinto said that the iron ore prices rose temp...
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Date:2013/03/05
According to statistics, Italy’s output of steel flat products reached 900,000 tons in last December, falling by 7% year on year.Also, the December output hit the lowest level in the whole of 2012.In the fourth quarter of 2012, the country’s output o...
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Date:2013/03/05
According to statistics released by the Indian Federation of Indian Mineral Industries (FIMI), the country’s iron ore exports reached 16.40 million tons in the first 10 months of the current fiscal year 2012/13, slumping by 68% year on year.It’s anal...
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Date:2013/03/05
Recently, the Brazilian steel giant Vale announced that its coal sales volumes totaled 7.998 million tons in 2012, rising by 4.2% year on year.Among them, 4.864 million tons were metallurgical coal, soaring by 108.8% and 3.134 million tons were therm...
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Date:2013/03/04
The import prices of medium heavy plate in Europe have increased since the middle of February, as the price in North Europe is around €495~500/ton CFR, up by €10~25/ton from last month. Moreover, the prices are also hiked to €475~485/ton in South Eur...
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Date:2013/03/01
Yusco will announce its latest list prices on Feb 26th and probably have a chance to hike around US$35~50/ton in order to reflect high production cost. Although the nickel price drops sharply in recent weeks, the market demand is still the key factor...
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Date:2013/03/04
Vale S.A. expects the price of iron ore would keep rolling for the first half of 2013 after the average price remains at around US$150/ton in the first two months this year although the company has a biggest deficit last Q4 since 2004. The firm also ...