It’s reported that Korea’s rebar market has become sluggish as demand from the country’s construction sector has become weak due to heavy rainfall. At present, the selling prices of SD400 rebar with diameter of 10mm ...
Tags: Rebar Market, Mineral
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the first half of this year its subsidiary Tangshan Iron and Steel Co. sold 94,600 mt of gas shielded welding wire, increasing by 45,500 mt or nearly ...
Baker Hughes reported Friday that for the week ending July 19, the US rig count increased by 11 to 1,770, following a two-rig increase a week ago. The rig count was down 165 from 1,935 rigs during the same week a year ago. The oil rig count ...
Tags: Baker Hughes, Mineral
In the week from July 15 to July 21, the Turkish scrap index moved upwards on the Orbis Steel Index while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index continued ...
Tags: Turkish Scrap, Mineral
The infant formula industry is in the spotlight again after the launch of a price-fixing investigation into foreign and domestic milk powder makers and intensified government efforts to consolidate a nationwide hodgepodge of producers. ...
Tags: Dairy Industry, infant formula
Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel, has announced that it has signed a cooperation agreement with the ministry of international trade of British Columbia, Canada, ...
Tags: Ink Coal Mining, Mineral
In June this year, Italian crude steel output decreased by 10.3 percent year on year to 2.188 million metric tons, according to the figures released by the Italian steel producers association Federacciai. June is the 15th month in a row in ...
Tags: Crude Steel Output, Mineral
Mechel, a Russia based world reputable leading fully integrated steel company has commissioned Italy's plant maker Danieli build universal rolling mill. The rolling mill is designed to achieve annual production of 1.1 million tons of ...
Tags: Construction, Metallurgy, Mineral, Energy, Rolling Mill
In the January-May period this year, Italy's steel exports to non-European Union (EU) countries totaled 2.203 million metric tons, down by nine percent, while its steel imports from non-EU sources totaled 3.332 million metric tons, up 27.3 ...
Tags: Flat Steel, Non-EU Countries
Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. (Masteel) has announced that it plans to sell some non-steel assets to its parent company Maanshan Iron and Steel Group for the purpose of optimizing asset structure, ...
Tags: Non-Steel Assets, Mineral
Russia-based Mechel has announced that it is selling its 100 percent stake in UK-based steel plant Invicta Merchant Bar and its debts to Mechel to privately-owned Helium Miracle 127 LLP for £1.1 million. Invicta Merchant Bar was ...
Tags: Steel Plant, Mechel
China-based component makers have recently started competing for orders from PC ODMs with their advantages in product quote, which is about 10-20% lower than the market's average, and the moves could greatly impact Taiwan component makers' ...
Tags: component makers, PC ODMs
The Port of Oakland announced Friday that the Oakland Board of Port Commissioners unanimously approved a litigation settlement agreement with SSA Terminals, LLC and SSA Terminals (Oakland), LLC (collectively, SSAT), one of the Ports major ...
Tags: Mega-Terminal, Port of Oakland
During the week ended July 19, the downward trend continued in London Metal Exchange (LME) billet market prices, with the decline rates growing stronger compared to the week ended July 12. The following prices were recorded in LME billet ...
Tags: LME Billet Market, Mineral
Swedish specialty steel producer SSAB has posted its financial results for the second quarter and the first half of the current year, reporting a net loss of SEK 144 million ($22 million) for the second quarter, compared to a net profit of ...
Tags: specialty steel, Mineral