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
It is reported that Chinese Shougang announced both hot rolled and cold rolled price were unchanged in January 2014. For carbon, low alloy, diamond plate, steel remained stable. Currently, Q235 material 4.75mm*1500*C factory price hot ...
Tags: steel, price, metallurgy
Since the steel prices have kept going strongly in the US market, the situation has encouraged Yieh Phui and Sysco, the two major coating mills in Taiwan to raise their new export prices for next February. It is said that Yieh Phui has ...
Tags: steel, metallurgy, Taiwan
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
International credit ratings agency Fitch Ratings has affirmed Luxembourg-based global steel giant ArcelorMittal's rating at 'BB+', with the outlook being stable. Fitch stated that the credit rating affirmation and the stable outlook ...
Tags: steel, metallurgy
It is learned that Brazilian steelmakers are planning to raise steel prices for car makers, the increase could be ranged between 7% and 10%. The steel price for auto sector remained flat for almost two years. According to source that is ...
Tags: Steel, Construction
It is reported that on Tuesday the steel rebar prices in Shanghai futures advanced to record high since the middle of last month to RMB3,702/ton. The overall Chinese steel price index also went up by 3 points. It is analyzed the ...
Tags: steel, metallurgy
Privately owned Shagang Group, China's biggest steel scrap consumer, expects to utilize 5.5 million mt of scrap this year -- or about 15,000 mt/day -- an increase of 500,000-800,000 mt, or about 13%, from last year, a company source said ...
Tags: steel, metallurgy
The Korean steel giant Posco announced to remain its list prices for austenitic and ferritic stainless coils prices unchanged for December. Posco stated that it decided to keep its stainless steel prices unchanged for December as it ...
Tags: steel, stainless, metallurgy
Germany-based steelmaker ThyssenKrupp has announced its financial results for the financial year 2012-13, stating that it is planning a capital increase of up to 10 percent, raising €1 billion, as the sale of its US steel mill has now ...
Tags: steel, financial results
China's crude steel output rose 8.3 percent year-on-year to 652.48 million tons in the first ten months of 2013, faster than the 2.1-percent increase seen in the same period last year, the country's top economic planner said Thursday. ...
Tags: Construction, Metallurgy, Mineral, Energy, Crude Steel
Ukraine-based Metinvest released its financial result for the first half of 2013. In the first half of this year, Metinvest’s net profits amounted to US$443 million, soaring by 31% year on year. However, the company’s sales ...
Tags: steel, Construction
The Ukrainian mining and steel producing group Metinvest has announced its results for the first half of 2013. In the given period, Metinvest's net profit amounted to $443 million, rising 31 percent compared to the same period of the ...
It’s reported that Feng Hsin, one of the major steel long product makers in Taiwan announced to keep its rebar and section steel prices and scrap purchasing prices unchanged for this week as the company’s received orders was not ...
Tags: Construction, Steel
It's reported that the Chinese steel prices affect the Taiwanese steel market as buyers always compare the price between China and Taiwan, even though most of the Taiwanese rebar production is mainly supplied to local market. Although ...
Tags: taiwan, steel, rebar, Construction