US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
It’s reported that Nippon Steel & Sumitomo Metal Corp (NSSMC) announced to leave its domestic H-beam prices flat for May contract. It’s known that NSSMC hiked its H-beam spot prices by ¥8,000/ton since January but ...
Tags: NSSMC, H-beam, Construction
Nippon Steel & Sumitomo Metal Corp (NSSMC) sets to bring up plate prices for domestic sales to reflect the higher raw materials costs caused by the rapidly weakening Japanese Yen. It's known that some US$50/ton extra will be added from May ...
Tags: Metallurgy, Mineral, Energy, Steel
Japanese Nisshin Steel announced to raise its domestic prices for austenitic cold rolled coils (CRC) and tubes by ¥20,000/ton and increase its domestic prices for ferritic CRC and tubes by ¥10,000/ton from June deliveries. A ...
Tags: Steel
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for steel plates for June on April 19th. Market participants predicted that CSC might leave its list prices for steel plates unchanged for ...
Tags: Steel Plate Prices, Mineral
US agribusiness firm Cargill has reported that its net earnings declined by 42% for the third quarter of 2013 to $445m, compared with $766m in the same period of 2012 due to severe US drought that affected the company's meat processing ...
Tags: Cargill, Net Earnings
It’s reported that Egyptian Ezz Steel announced to hike the hot rolled coil (HRC) ex-work prices by EGP110/ton to EGP4, 965/ton for March, affected by higher input costs and depreciated Egyptian pound. Market insiders predicted that ...
Tags: HRC Prices, Egyptian Ezz Steel, Steel
According to report, Japan’s Maruichi Steel Tube said it will life up all steel pipe and tube prices by ¥10,000/ton (US$108/ton) for April shipments. The price rise reflects the higher input costs, especially the hot rolled coils. ...
It’s reported that the Korean section steel producers announced to hike the ex-factory prices for March to reflect higher input costs, in spite of weak demand. Hyundai Steel increased the prices of section steel by KRW30, 000/ton ...
Tags: steel producers, steel, steel prices
An unhealthy cash flow cycle exists among Australian businesses, with 62 per cent of accounts settled late and firms taking on average, 52 days to pay their bills, according to the latest Trade Payments Analysis by Dun & Bradstreet. The ...
Reportedly, the three major steelmakers in Korea planned to raise the ex-work prices of hot rolled steel products for February due to higher input costs and weak sales. Industry sources said that the scrap prices have jumped substantially ...
Tags: steelmakers, hot rolled steel products, hot rolled steel
It’s reported that the Taiwanese steel pipe producers have announced to hike the list prices by NT$800~NT$900/ton for February in order to reflect higher input costs. It’s known that Chung Hung Steel, one of ...
Tags: steel pipe, Taiwan, steel price
It’s reported that the South Korean cold rolled (CR) steelmakers planned to raise the prices for coated steel sheets for construction by KRW100, 000/ton from February in order to reflect higher input costs. It’s known that ...
Tags: steelmakers, steel plates, cold rolled
Queensland-based mining companies including coal producers are expecting to shed nearly 500 jobs from their operations in the Australian state in the next 12 months, and this is on top of a net loss of 3,370 jobs in the mining industry in ...
It’s reported that several steelmakers in Brazil have recently announced to raise the steel selling prices in January as the surged prices of iron ore and coking coals have boosted the input costs. It’s known that the selling ...
Tags: Brazil, steel, selling prices, iron ore, coking coals