Chinese electrolytic manganese spot prices climbed further this week -- the second weekly price gain in a month -- as demand for the ferroalloy got a boost from strengthening steel market sentiment. Platts assessed the price of 99.7% ...
Tags: Buying Sentiment, electrolytic
On August 16, Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group) announced that in the current month up to and including August 14 its subsidiary Chengdu Plates Co. received orders for over ...
According to the latest ‘Stainless Steel Report August 2013' issued by Germany-based service center Damstahl, in the first five months of the current year European stainless crude steel production dropped around three percent year on ...
Tags: Stainless Steel Market
The situation as regards excess supply in certain areas of the global long steel products market remained the same in July as compared to June, according to the market outlook released by IREPAS, the global association of producers and ...
Tags: Long Steel Market, Mineral
New orders for hot rolled steel products received in the German steel market increased three percent in the second quarter of this year compared to the second quarter of the previous year, according to the German steel federation ...
Tags: Steel Market
Wheels Task Force of Steel Market Development Institute (SMDI), a division of American Iron and Steel Institute (AISI), has developed a lightweight steel wheel which is claimed to be equivalent in mass to a comparable aluminum wheel but 40% ...
Tags: Steel Wheel Technology, Auto Parts
In the first half of the current year, China's total crude steel output was 390 million mt, up 7.4 percent year on year, according to a report on overall Chinese industry in the given period released by China's Ministry of Industry and ...
Tags: Crude Steel Output, Mineral
In July this year, the purchasing managers' index (PMI) of China's steel sector increased to 52.5 percent, exceeding 50 percent for only the second time since February this year, as announced by the China Steel Logistics Committee (CSLC) ...
Tags: Steel Sector, Mineral
"ArcelorMittal exports 200,000t auto sheet to China every year, most of which are delivered to joint ventures in China like Das Auto, GM, and Ford. Starting from this October, all these products will transfer to Valin ArcelorMittal ...
Tags: Arcelormittal, auto sheet
It’s reported that Korean steel giant Posco has inked a memorandum of understanding (MoU) with the Cameroon government to develop steel industry jointly. Cameroon owns 5 billion tons of iron ore deposits and is ideally to supply ...
Tags: Cameroon, Steel Industry
Alacero, the Latin American steel association, reported Monday that apparent finished steel use was 28 million tons between January-May 2013, similar to the same period in 2012. Finished steel production reached 23 million tons, 1 percent ...
Austria-based plantmaker Siemens Metals Technologies has announced that the new sinter plant No. 2 supplied for Taiwan-based Dragon Steel Corporation recently commenced production. The new sinter plant was built as part of the steelmaker's ...
Tags: Sinter Plant, Dragon Steel
West Chester, Ohio-based flat rolled steelmaker AK Steel reported Tuesday a net loss of $40.4 million for Q2 2013, ended June 30, 2013, compared to a net loss of $724.2 million for Q2 of 2012. Net sales for Q2 2013 were $1.4 billion on ...
Tags: AK Steel, Carbon Spot Market
The Spanish stainless steel producer Acerinox S.A. has said that in the second quarter of the current year the international financial crisis, a lack of confidence and the overcapacity in the sector continued to affect the stainless steel ...
According to the Economic and Steel Market Outlook 2013-2014/Q3 2013 Report from the Economic Committee of the European Steel Association (EUROFER), EU steel imports remained at a high level in the second quarter of the current year, after ...