A federal court filing this week indicated that arrangements are being made to sell a significant portion of the former Sparrows Point steel mill in Baltimore, Maryland. Court documents stated the sale was being prepared for an unnamed ...
Tags: Former Sparrows Point Mill, federal court, Metallurgy, Mineral
The American Iron and Steel Institute (AISI) reported Wednesday that for the month of May 2014, US steel mills shipped 8,398,976 net tons, a 2.0 percent increase from the 8,235,096 net tons shipped in the previous month, April 2014, and a ...
Tags: Metallurgy, Mineral, Energy, Steel
Dongkuk Steel Mill Co., one of South Korea's leading steelmakers, plans to become a global supplier of high-end steel products as part of efforts to brush off tough competition with Chinese and Japanese rivals, South Korea's media said on ...
Tags: Metallurgy, Mineral, Steel
Despite weak fundamentals and largely negative sentiment, the futures and swaps markets recovered some ground through the day, leading to some support for ore prices. Platts assessed the 62% Fe Iron Ore Index up 50 cents from Monday at ...
Tags: steel rebar, ore prices
With a new government in power in India following last month's elections, Chinese iron ore importers are waiting to see if any policy changes will be forthcoming that could lead to a hike in their imports. India was China's third-largest ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Russian steelmaker Severstal has announced that it has launched trial deliveries of rolled steel for the manufacturing of several Nissan car models in Russia. Severstal has also signed a further contract to supply rolled steel to the ...
Tags: Nissan, steelmaker
Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...
Tags: Iron Ore, Concentrate Prices
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
The prices of L8 and L10 steelmaking pig iron in northern China's Hebei province traded at Yuan 2,470-2,480 ($401-403)/mt on Tuesday, up from Yuan 2,420-2,470/mt on April 1, both inclusive of 17% VAT. The slight rise in prices was ...
Tags: Pig Iron, Steelmakers
UAE-based steel producer Emirates Steel Industries (ESI) has announced that it has launched its new steel sheet pile product, becoming the only steel manufacturer in the Middle East to develop and sell sheet piles. Emirates Steel plans to ...
Tags: Emirates Steel, sheet piles
The American Iron and Steel Institute (AISI) reported Wednesday that for the month of February 2014, US steel mills shipped 7,618,380 net tons, a 3.5 percent decrease from the 7,895,293 net tons shipped in the previous month, January 2014, ...
Tags: Steel Mill, Iron, Steel
US ferrous scrap pricing trended lower on Thursday, the fourth day of the traditional US buy week as strong Ohio Valley pricing did not have a ripple effect into other markets. Mills outside the Ohio Valley region were able to remain on ...
Tags: Metallurgy, Mineral, ferrous scrap
While current traded prices for L8 and L10 steelmaking pig iron in northern China's Hebei province have slipped since March 3, the market is likely to see higher traded values in the coming weeks with some offers seen rising by as much as ...
Tags: Pig Iron, steel mills, Iron
The US Department of Commerce (DOC) announced Tuesday the preliminary results of its administrative review of the countervailing duty (CVD) order on cut-to-length carbon quality steel plate from Korea. The review covers six Korean ...
Tags: Korean Plate, DOC
German plantmaker SMS Meer has announced that it will supply a semi-continuous billet mill for Formosa Ha Tinh Steel, the new integrated steel plant Taiwan-based Formosa Group is building in Ha Tinh Province, Vietnam. The produced billets ...
Tags: Formosa Ha, Billet Mill, plantmaker