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Date:2013/01/25
According to statistics released by the American Iron and Steel Institute (AISI), the US produced 1.824 million short tons of crude steel in the week ended on January 19th, rising by 0.3% from a week earlier while falling by 4.9% in comparison of 1.9...
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Date:2013/01/28
According to statistics, Thailand imported 71,000 tons of scraps in last November, falling by 52.7% year on year and decreasing by 42.5% from a month ago.In November, the scrap imports from Hong Kong totaled 8,900 tons, rising by 48.2%; those from th...
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Date:2013/01/30
According to the national Mining Association reported that US coal and mineral mining in 2013 will be positive due to clear improvement in US economy and the global demand for mined products, particularly in developing economies. The increased of US ...
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Date:2013/01/25
Korean steel giant Posco decided to build a new coil center in Mexico in order to meet the strong demand for auto-sheets in the country.It’s learned that the designed annual production capacity for the new plant is at 110,000 tons and the location is...
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Date:2013/01/28
It’s reported that the South Korean cold rolled (CR) steelmakers planned to raise the prices for coated steel sheets for construction by KRW100, 000/ton from February in order to reflect higher input costs.It’s known that the Korean CR steelmakers ha...
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Date:2013/01/30
Mexico’s apparent steel consumption amounted to 24 million tons in 2012, rising by 15.3% year on year, according to statistics released by the Planning Commission of the Chamber of Industry Iron and Steel (CANACERO).Meanwhile, CANACERO predicted that...
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Date:2013/01/24
Malaysia rebar mills announced that they have increased domesticrebar offers this week due to tighter supply. According to the market dealer, the rebar with diameters of 16mm or more now are offered at US$697~US$704/ton, surging substantially from US...
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Date:2013/01/28
Reuters reported that credit rating agency Moody’s downgraded ThyssenKrupp’s debt to “junk” status due to challenging market conditions and profit losses in its Brazil and US sites. ThyssenKrupp replied that its strategic programme to improve earning...
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Date:2013/01/30
According to Brazil’s steel distributors’ association (Sindisider) and the National Institute for Distribution of Steel (Inda), the Brazilian distributors’ sales of steel flat products totaled 4.35 million tons, up by 1.5% from a year ago.In last Dec...
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Date:2013/01/24
Reportedly, European stainless sheet surcharges will expect to change in February 2013. Outokumpu expects to change for Austenitic grade 304 to decrease 1% to €1,277/ton and grade 316 is remained unchanged as €1,930/ton.Meanwhile, for Ferritic grades...
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Date:2013/01/28
Ohio-based Timken said that its sales in the fourth quarter of last year totaled US$1.1 billion, falling by 15% year on year because of lower demand for its light vehicle, heavy truck, mining and energy from the end users and the lower surcharges.In ...
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Date:2013/01/30
JSW Steel, the largest steelmaker in India reported its financial result for the third quarter and first nine months of fiscal year 2012/13.In the third quarter, JSW Steel posted profits after tax of INR1.37 billion, falling by 19% year on year, affe...
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Date:2013/01/24
Mexico's Industrias Lenox said that the company planned to invest US$200 million for upgrading its steel plant in the municipality of Linares, in the northeastern state of Nuevo Leon. The new steel project has already been started and it’s expec...
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Date:2013/01/28
Allegheny Technologies Inc. (ATI), one of the major special steel and stainless steel producers in the US announced that the company earned net profits of US$158.4 million, falling from US$214.3 million from a year ago.In 2012, the company realizes s...
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Date:2013/01/24
Reportedly, Turkish Erdemir has planned to invest US$300 million for adding new galvanizing line in 2013 in order to meet the domestic automotive industrial demand. Currently, the company already has a galvanizing plant at its Eregli works which are ...
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Date:2013/01/23
According to statistics released by Japan’s Ministry of Finance, Japan produced 214,081 tons of hot rolled (HR) stainless steel products in last November, decreasing by 10.8% from a month ago while rising by 1.7% year on year.In the first 11 months o...
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Date:2013/01/24
According to statistics released by World Steel, the global crude steel production totaled 1.55 billion in 2012, up by 1.2% from a year ago and hitting the new history highs.In 2012, the EU produced 169 million tons of crude steel, falling by 4.7%; t...
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Date:2013/01/23
On Tuesday, the US Department of Commerce (DOC) announced the preliminary results of its administrative review of the antidumping (AD) order on cut-to-length carbon quality steel plate from Korea.
The review originally covered seven companies during ...
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Date:2013/01/21
It is learned that Indian steelmaker Jindal Steel & Power ended talks with Afferro Mining Inc after the assessing its iron ore in Cameroon, since Jindal may have to invest $2 billion to build infrastructure for the project. Instead, Jindal is now...
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Date:2013/01/23
Japanese Tokyo Steel released its list prices for February. The company decided to hike its list prices for all steel products by ￥3,000/ton for February.After the adjustment, the company’s ex-factory prices for rebar with diameters of 16mm~25nn are ...