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Date:2013/02/25
It is reported that on February 21, Tokyo’s Japan Steel announced to increase the scrap purchase price of the five companies by 500 yen / ton. After price adjustment, Tokyo Steel H2 scrap average price is about 32000-33500 yen / ton. Meanwhile, there...
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Date:2013/02/19
Reportedly, The US International Trade Commission (ITC) has announced to determine antidumping (AD) and countervailing (CVD) on imports of corrosion resistant sheet from Germany and Korea. The decision has made from ITC for a five-year sunset review ...
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Date:2013/02/21
According to the data from US Department of Commerce (DOC), the US’s imported steel plates reached 1 million tons in 2012, mostly in the first nine months of 2012. Although it showed big slowdown in the fourth quarter of last year, the total plate im...
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Date:2013/02/19
According to data, the US exported around 21.39 million tons of ferrous scraps in 2012, decreasing by 12% from a year ago.It’s analyzed that the decreased scrap exports were caused by the lower demand from China. China’s scrap imports from the US slu...
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Date:2013/02/21
Russian steelmaker Mechel reached an agreement with Invest Nikarom SRL to sell the five steelmaking plants in Romania for the price of US$70. The five are Otelu Rosu, Campia Turzii, Ductil Steel Buzau, Targoviste and Laminorul Braila. Mechel also sol...
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Date:2013/02/19
Essar Steel Algoma, Ontario-based steel flats producer announced that its net loss of US$25.1 million for the second quarter ended on December 31st, 2012 although the company’s shipments increased by 19.6% year on year in the given period of time.In ...
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Date:2013/02/19
Reportedly, Asil Celik, Turkey’s largest alloy steel producer has announced its new continuous casting machine with annual production capacity of 600,000 tons. Meanwhile, the company has invested approximately US$21.5 million of bloom caster and it w...
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Date:2013/02/18
The 10 major Japanese power companies bought 4.1m tonnes of coal in January, down from 5.3m tonnes last year and 4.3m in December, data from the Federation of Electric Power Companies (FEPC) of Japan shows.
But consumption of coal was up month on mon...
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Date:2013/02/05
On Monday, the US International Trade Commission (USITC) voted to conduct full five-year reviews concerning the countervailing duty orders on hot-rolled steel products from India, Indonesia, and Thailand and the antidumping duty orders on hot...
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Date:2013/02/17
The finished and semi-finished products of Taranto-based Italian steelmaker Ilva which had been impounded by court order in late November last year are finally to be released for sale after investigating judge Patrizia Todisco gave her approval on Th...
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Date:2013/02/04
Russia-based Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, has stated that it has signed a number of further long-term contracts with Russian and CIS-based automotive companies. So ...
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Date:2013/02/17
According to the data provided by the Turkish Statistical Institute (TUIK), in December 2012 Turkey's longitudinally welded tube and profile exports totaled 62,118 mt, hitting the highest monthly level recorded since December 2006. In December l...
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Date:2013/02/04
United States Steel Corp publicly unveiled Thursday a $500 million revamp of its Clairton, Pennsylvania coke works that aims to reduce pollution. The new coke battery has been operational since November 2012.
In 2008, the company announced pl...
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Date:2013/02/16
On Friday, global pipe and tube manufacturer Tenaris announced that it will build its first US seamless pipe mill in Bay City, Matagorda County, Texas. With an estimated investment of $1.5 billion (USD), the new facility will have an annual productio...
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Date:2013/02/04
In the fourth quarter of last year, the crude steel production of Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) totaled 2.969 million mt, down 11.6 percent compared to the previous quarter. In addition, for the whole of 2012, MMK...
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Date:2013/02/16
According to statistics released by Japan's Ministry of Finance, Japan's cold rolled steel coil and sheet exports totaled 277,662 metric tons in December last year, rising by 18.85 percent month on month and up 15.5 percent compared to Dece...
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Date:2013/02/04
Rio de Janeiro, Brazil-base Vale S.A. announced Friday that iron ore production reached the highest level for a fourth quarter, at 85.5 million metric tons, allowing for a larger exposure to the price rally of the final months of last year.
D...
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Date:2013/02/06
In the week ended February 4, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.4 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of 10.6 percent c...
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Date:2013/02/01
It’s expected that Brazil’s rebar prices would rise by 6%~10% in February, driven by stronger steel prices in international market.It’s known that Brazil’s rebar prices had remained at BRL1, 968/ton since mid-2012.Meanwhile, the steelmakers offered d...
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Date:2013/02/06
According to a company statement, last year the long steel division of Russian steelmaker Novolipetsk Steel (NLMK) shipped around 1.7 million mt of steel products, up three percent compared to 2011, including 1.3 million mt of rebar, up 10 pe...