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Date:2013/02/28
Brazil's welded tube makers reportedly announced that they have a difficult time to persuade customers to hike domestic welded tubes prices at this moment. However, Brazilian tube makers plan to try again in near future. Currently, HRC is negoti...
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Date:2013/03/04
The ex-work price of carbon steel hot rolled coil in India for March is expected to keep steady due to sluggish demand and deflating cash flow for traders.For the first two months in 2013, however, Indian mills hiked their HRC prices to US$624~634/to...
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Date:2013/02/28
Reportedly, GrafTech International, a world leader in graphite material, indicates the global steel market demand is likely to improve in 2013. However, the global financial problem and economic downturn still remain uncertainty this year. Meanwhile,...
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Date:2013/03/04
It is learned that EU will examine whether to re-impose anti-dumping duties against ferro-silicon imported from China and Russia. The review of EU will determine whether the expiry of the measures would be likely to lead to a continuation of dumping ...
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Date:2013/02/28
Tung Ho Steel, one of the major electric furnace mills and steel long products suppliers in Northern Taiwan, has announced that the company is going to hike its H beam price by NT$500/ton (about US$17/ton) from today. The new base price for Tung Ho&#...
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Date:2013/03/04
Brazil’s Usiminas, the largest flat steel producer in the country, plans to increase prices for some products since March 1st in order to boost the company’s margins. It is said that Usiminas informed distributors that prices for HR, CR and Coated pr...
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Date:2013/02/28
It is reported that U.S. Steel has announced to rise its new flat steel prices by US$55/short ton; it has been highly expected that this action may push other mills to follow up and join the price hiking game in U.S. market. However, it is not yet ha...
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Date:2013/03/01
In January this year, new commercial vehicle registrations in the European Union further declined by 10.6 percent year on year to 126,110 units, continuing the downward year-on-year trend which prevailed throughout 2012, according to the European Aut...
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Date:2013/02/28
According to report, Japanese rebar makers lift up their rebar prices for March due to higher costs on scrap. Kyoei Steel, the largest rebar maker, said it added about ￥2,000/ton (US$22/ton) to normal size of rebar to the price of ￥62,000/ton. And To...
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Date:2013/03/01
Brazil-based miner Vale has announced its financial results for the fourth quarter and the full year 2012, reporting its first quarterly loss in 10 years. In the fourth quarter of 2012, Vale registered a net loss of $2.65 billion, compared to a ...
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Date:2013/02/27
European carbon steel coil and sheet prices keep going up slightly, but the price is still lower than last year. Northern Europe HRC and CRC price was at €550/ton and €630/ton in last March, and now the price for coil and sheet was about €505-510/ton...
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Date:2013/03/01
The European Commission has announced that it has initiated an expiry review of the antidumping (AD) duty on ferrosilicon imports from China and Russia. The review was initiated following the application filed in November 2012 by Euroalliages, a...
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Date:2013/02/27
Yieh Phui Enterprise (YP), one of the major coating steel mills in Taiwan, has announced its January combining sales revenue was NT$4.819 billion which has risen 8.12% Y-O-Y. Due to the dropping NTD currency, YP has become profitable in January, it i...
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Date:2013/03/01
It is reported that the Korean export of stainless steel hot rolled products was 43,163 tons in January, a sharp decrease of 29.1% year-on-year, reaching the lowest level in the past 14 months. In addition, the average export price is around US$1,835...
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Date:2013/02/27
United Bank of Switzerland (UBS) hans announced its China steel market analysis report recently; according to its report, UBS said the current market demand in China has stayed normal but mills' capacity utilization have still stayed at the high...
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Date:2013/02/27
Afferro Mining Inc has signed non-binding MOU with POSCO to collaborate to develop high quality iron ore resources in Cameroon. This joint venture has set definitive agreement to be signed by the middle of 2013 and it is also a giant step for both we...
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Date:2013/02/27
POSCO reportedly is planning to buy a controlling stakes worth US$333 million from STX Pan Ocean Co. However spokeswoman of POSCO denies this information and said it would not considered any bid for STX Pan Ocean. It’s said that POSCO and SK Shipping...
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Date:2013/02/26
The United States market presents dull that the ex-work price of hot rolled coil in US has dropped by US$10/short ton to about US$610~630/short ton due to slow demand. On the other hand, the ex-work price of A36 medium heavy plate has also declined b...
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Date:2013/02/25
Russel Metals Inc, one of the largest metals distribution company in North America, announced that the appointment of new Vice President and Chief Operating officer be Mr John G Reid. Mr John initially started with JMS Metals Sercies Inc in 1991 and ...
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Date:2013/02/26
According to report from Italian local producers’ association Federacciai, crude steel produced from Italy dropped in January by 19.7% year-on-year to 1.8 million tons. It was the lowest since 2009as the production for the whole year decreased to 16....