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Export Duty on All Varieties of Iron Ore Has Been Increased From 20% to 30% Ad Valorem

Jan 6, 2013

In order to conserve iron ore resources of the country for long term domestic value addition, export duty on all varieties of iron ore has been increased from 20% to 30% ad valorem with effect from December 30th 2012. Chrome is used in ...

Tags: iron ore resources, iron ore, steel manufacturing, chrome

Iron Ore Inventory at 30 Major Chinese Ports Amounted to 73.14 Million Tonne

Jan 6, 2013

According to China’s National Bureau of Statistics, total iron ore inventory at 30 major Chinese ports amounted to 73.14 million tonne, down by 670,000 tonne WoW, constituting the ninth consecutive WoW. Meanwhile, the total iron ore ...

Tags: China's National Bureau of Statistics, iron ore inventory, iron, China

The Coal Producing State of Australia, Totaled 3.5 Million Mt

Jan 6, 2013

In the week ended December 31, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 3.5 million mt, according to Newcastle Port Corporation. The figure constitutes an increase of 23.6 ...

Tags: Port of Newcastle, coal shipments, Australia, December

Inventory of The Main Finished Steel Products Totaled 11.88 Million Mt, up 107,000 Mt

Jan 6, 2013

As of December 28 this year, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in 26 major steel markets in China totaled 11.88 million mt, up 107,000 mt compared to the ...

Tags: hot rolled coil, cold rolled coil, rebar, wire rod, China

Ukraine's Ferrous Metal Exports Decreased by 18.3 Percent Year on Year

Jan 6, 2013

According to the State Statistics Committee of Ukraine (Ukrstat), in the first 11 months of last year Ukraine's ferrous metal exports decreased by 18.3 percent year on year to a total value of $14.25billion. Meanwhile, in the given period ...

Tags: Ukraine, Ukrstat, ferrous metal, exports

Turkey's Steel Export Value Came to $15.56 Billion, Rising by 1.7 Percent

Jan 6, 2013

On January 2, the Turkish Exporters' Association (TIM) revealed that in 2012 Turkey's total export value amounted to $151.86 billion, up 12.57 percent year on year, hitting an all-time annual record since the establishment of the Republic ...

Tags: TIM, 2012, Turkey, steel export value

In November 2012 Turkey's Steel Scrap Imports Fell 14.4 Percent

Jan 6, 2013

According to the data provided by the Turkish Statistical Institute (TUIK), in November 2012 Turkey's steel scrap imports fell 14.4 percent compared to October and were down 9.4 percent compared to the same month of 2011, amounting to 1.7 ...

Tags: TUIK, November, 2012, Turkey, steel scrap

Japan's Cold Rolled Steel Coil and Sheet Exports Totaled 233,619 Metric Tons in Nov 2012

Jan 6, 2013

According to statistics released by Japan's Ministry of Finance, Japan's cold rolled steel coil and sheet exports totaled 233,619 metric tons in November 2012, falling by 3.9 percent month on month and down 14.4 percent compared to November ...

Tags: Japan, cold rolled steel, exports, November

ISM Reported That Its PMI Registered 50.7 Percent in December

Jan 6, 2013

The Institute for Supply Management (ISM) reported Wednesday that its Purchasing Managers' Index (PMI) registered 50.7 percent in December, an increase of 1.2 percentage points from November's reading of 49.5 percent, indicating expansion ...

Tags: ISM, PMI, US, manufacturing activity, positive territory

Turkey's Rebar Exports Amounted to 611,817 Metric Tons, Decreasing by 14.3 Percent

Jan 6, 2013

According to the data provided by the Turkish Statistical Institute (TUIK), in November last year Turkey's rebar (including round bar) exports amounted to 611,817 metric tons, decreasing by 14.3 percent compared to the previous month and up ...

Tags: TUIK, Turkey, rebar, exports

The Tide Seemed to Be Ebbing During The Week with Winter Lull Setting in

Jan 6, 2013

Steel market in China rode the crest throughout December however the tide seemed to be ebbing during the week with winter lull setting in. Encouraged by the incentive of National Development & Reform Commission's approval for a slew of ...

Tags: China, steel market, soft, rebar futures

Iron Ore Shipments From Australia's Port Hedland Increased by 19.9 Percent

Jan 6, 2013

In December last year, iron ore shipments from Australia's Port Hedland increased by 19.9 percent compared to November and were up 21.7 percent year on year, reaching 26 million metric tons, beating the previous monthly export record of ...

Tags: iron ore, Australia, Port Hedland, 2012

Construction Spending Amounted to $781.4 Billion, 9.2 Percent

Jan 6, 2013

The US Census Bureau of the Department of Commerce announced Wednesday that construction spending during November 2012 was estimated at a seasonally adjusted annual rate of $866.0 billion, 0.3 percent below the revised October estimate of ...

Tags: US, construction spending, November, 2012

Metal for Delivery in March Climbed as Much as 0.9% to USD 3.579 Per Pound

Jan 6, 2013

Bloomberg reported that copper gained after workers at BHP Billiton Ltd's Escondida mine in Chile turned down a wage proposal, threatening a stoppage at the largest copper mine. Metal for delivery in March climbed as much as 0.9% to ...

Tags: BHP Billiton Ltd, copper, futures

Bags Are an Essential Accessory Carried by All Women as Well as Men

Jan 6, 2013

Bags are an essential accessory carried by all women as well as men. The wide variety of stylish bags provide us with a lot of options to select from. Fascinating texture, color, material and sheen are few factors that determine the ...

Tags: bags, India, embroidered bags, stylish bags

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