It is reported that Korea iron and steel enterprises planned to expand capacity and growth in end-user industries such as the automobile industry and raw materials demand in 2014.Therefore, the country expected both domestic demand and ...
Tags: steel, metallurgy
The U.S. carbon steel sheet market represents quiet during Christmas and New Year holiday. However, the price will boost for the first quarter of 2014 with deduction of discount by most steel mills. So far, the ex-word price of hot rolled ...
Tags: steel, metallurgy
Yusco, the largest stainless steel mills in the Taiwan, has released the latest market prices for January, 2014 as the domestic prices of stainless steel 300 series hot rolled coil, cold rolled coil and 400 series increase by about ...
Tags: steel, metallurgy
Chinese steel mills are going to negotiate with Korean buyers about the export price of carbon steel hot rolled coil (HRC) for next February. So far, it is certain that the price would be surged by at least US$10/ton for next Jan-Feb ...
Tags: steel, metallurgy, HRC
It is reported that the steel mills in India are considering a price hike for about US$15/ton starting from January in 2014 due to the increased domestic railway freight charges which imposed peak session charge from October and raw ...
Tags: steel, Construction
The US International Trade Commission said Tuesday that revoking antidumping and countervailing duty orders on hot-rolled steel products from six countries likely would lead to continuation or recurrence of material injury. The ruling in ...
China's Bohai Commodity Exchange, a local government-backed online trading platform for spot commodities, plans to launch cross-border trading in yuan for natural rubber and iron ore. It announced the plans in Hong Kong Tuesday during a ...
Tags: Bohai Exchange, Tianjin, iron ore
In October this year, Turkey's slab imports amounted to 140,068 mt, decreasing by 29.50 percent month on month and down 8.87 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The total value ...
Tags: Metallurgy, Mineral, Slab
Reportedly, steel export prices in the CIS countries are in divergent trends with long steel products sliding, steel billets stable, and finished flats climbing. Market for finished longs is dull. Rebar is mostly traded in between ...
Tags: CIS, Steel Export, Steel Prices, Divergent Trends
Although Taiwan's China Steel Corp. (CSC) has announced to keep its new price flat for next January and February, the company has still offered extra discount to its domestic customer for this December. Thus, the situation has caused CSC ...
Tags: steel, metallurgy, Taiwan
Indian steelmaker Tata Steel has announced that its transformer components manufacturer subsidiary Cogent Power has unveiled a range of sophisticated new electrical steel products which reduce electricity losses by 20 to 30 percent compared ...
Tags: steel, metallurgy
In October this year, Turkey's total hot rolled coil (HRC) exports decreased by 24.34 percent year on year to 57,425 metric tons, while increasing by 36.06 percent compared to the previous month, according to the data provided by the ...
Tags: HRC Exports, Metallurgy
According to report, Korean flat steelmaker Dongbu Steel said it would cut its hot rolled coil (HRC) output in December to lower down the stocks before the year end. The company said it would cut about 20,000 tons during the month. The main ...
Tags: steel, output, metallurgy
US steel sheet prices are likely headed higher as mills appear to be maintaining tight discipline, market sources said Thursday. Platts maintained its hot-rolled coil assessment at $670-680/st and its cold-rolled coil assessment at ...
Tags: Steel Sheet, hot-rolled coil
According to data released by the Korean Iron and Steel Association (Kosa), the country’s hot rolled coil output totaled 2.99 million tons in October, rising by 12% from a month ago and up by 5% year on year. I ndustry sources ...
Tags: steel, metallurgy