International credit rating agency Moody's has announced that it has raised the European steel industry outlook to stable from negative given the improving fundamentals in the European steel industry, reflected by slight growth in euro area ...
Tags: Moody, lift, European steel, industry, outlook, stable
Thailand-based Long Luck Group is building a new $36 million steel mill in the Samutsakorn district of Bangkok, according to Asia Pacific Investment House (APIH), the lead funding arranger for the project. The Long Luck Steel Mill will ...
Tags: Steel Mill, Mineral
The outlook for the European steel market next year is for a cautious recovery from a low level, according to Jeroen Vermeij, director of market analysis and economic studies at European steel producers' association Eurofer. Speaking at ...
Tags: Apparent Steel, steel market
The global apparent steel demand growth expectation for 2013 of worldsteel has been revised upwards today, October 7, to 3.1 percent to 1.475 billion metric tons, up from 2.9 percent in the association's short range outlook published back ...
Tags: Steel Demand, Steel Industry
On September 25, Dai Zhihao, general manager of Chinese steel giant Baosteel, forecast at an annual industry conference in the eastern Chinese coastal city of Qingdao that China's annual steel consumption will peak at 825 million mt in 2018 ...
Tags: Steel Industry, Steel Consumption
At the recent 74th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris, participants from OECD and non-OECD economies discussed the prospects for improved growth in global steel demand, future ...
Tags: Steel Committee, steel, Mineral
According to a report by Latin American steel association Alacero, crude steel production in Latin America totaled 5.7 million metric tons during April this year, stable compared to the same month last year. In the first four months of the ...
Tags: raw mat, longs, flats, South America, production, consumption, steelmaking
Indian steel giant Tata Steel has announced that it expects to register an impairment charge of $1.6 billion for the financial year ended March 31, 2013, as a result of its review for the period in question. The company attributed the ...
Tags: Tata Steel, Mineral
The European Steel Association (EUROFER) has stated that recent data on industrial production and unemployment signal that the EU economy continued to weaken in the first months of 2013, while the performance gap between Germany on the one ...
According to a report by Latin American steel association Alacero, crude steel production in Latin America totaled 14.7 million metric tons during the first quarter of 2013, decreasing 11 percent compared to the same quarter last year. In ...
Tags: Steel, Metallurgy, Mineral, Energy
It is learned that Spain´s crude steel output in 2012 was 13.6 million tons, down by 12% from the previous year. According to the country´s Steel Companies Union (UNESID), this output number represents a consecutive year of ...
Tags: Steel Production, Steel
ccording to the short range outlook of the World Steel Association (worldsteel), apparent steel consumption in the US is expected to grow by 2.7 percent in 2013 due to continuing fiscal concerns, totaling 99.3 million mt, lower than the 8.4 ...
Growth of apparent steel use in the CIS region is projected to slowdown to two percent this year, totaling 57.6 million metric tons, as the modest pickup in Russia is partially mitigated by declining demand in Ukraine and Kazakhstan, ...
Tags: Steel Demand, Mineral
In 2013, apparent steel consumption in China is expected to increase by 3.5 percent to 668.8 million mt after a 1.9 percent increase in 2012, according to the short range outlook of the World Steel Association (worldsteel) for 2013 and ...
Tags: Metallurgy, Mineral, Energy, steel
According to the short range outlook of the World Steel Association (worldsteel) for 2013 and 2014, worldsteel Economics Committee revised down its global apparent steel consumption growth forecast to 2.9 percent from its October 2012 ...
Tags: steel, Metallurgy, Mineral, Energy