According to Japan Stainless Coil Center, the stocks of austenitic stainless cold rolled coils (CRC) owned by Japanese distributors and processors totaled 56,313 tons at end of June, decreasing by 2.8% from May. At the same time, the ...
Tags: Stainless CRC, Mineral
Brazilian steelmaker Usiminas said it may not raise the steel price again in the short term after it lifted up prices twice this year. The company will adjust the price by following the change in the international market. The company ...
Tags: Usiminas, Flats Prices
It’s reported that China’s major stainless producers Baosteel Stainless announced to remain its domestic prices for austenitic stainless steel coils unchanged for August due to more positive market outlook. After ...
West Chester, Ohio-based flat rolled steelmaker AK Steel reported Tuesday a net loss of $40.4 million for Q2 2013, ended June 30, 2013, compared to a net loss of $724.2 million for Q2 of 2012. Net sales for Q2 2013 were $1.4 billion on ...
Tags: AK Steel, Carbon Spot Market
In the week from July 15 to July 21, the Turkish scrap index moved upwards on the Orbis Steel Index while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index continued ...
Tags: Turkish Scrap, Mineral
The world’s steel giant ArcelorMittal announced to raise prices for all its coil products by €20/ton for September deliveries. According to an executive of ArcelorMittal, the negotiations on price rise have just started as ...
Tags: Coil Prices, European Market
It’s reported that Shougang, one of the major steelmaker in China released its price policy for August. The company decided to raise its prices for hot rolled coils (HRC) by RMB110/ton while it remained its prices for cold rolled ...
Tags: HRC Prices, Mineral
According to data released by Mexico’s distributors’ association (Conadiac) and steel chamber Canacero, the country’s consumption of steel flat products totaled 3.54 million tons in the first four months of this year, ...
Tags: Steel Flats, Mineral
Leon's Furniture, its Brick Group subsidiary, the Hudson's Bay Company and Sears Canada have all launched independent fundraising initiatives to add those affected by the recent flooding disaster in Calgary and other parts of southern ...
Tags: Light Industry, Daily Use, Furniture
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless producer in Japan announced to remain the domestic ‘miseuri’ or spot sales prices for stainless cold rolled coils (CRC) and plates unchanged for July contract. ...
Tags: Stainless CRC Prices, Mineral
It’s reported that Posco Assan TST, the first stainless steel cold rolling mill in Turkey has started its commercial production on July 1st. The company targeted to produce 200,000 tons per year in the first phase. ...
Tags: Posco Assan, Mineral
Nippon Kinzoku, Japan-based stainless re-roller said that its second stainless coil center in Asia located in Malaysia started to run from July 1st. The new coil center is scheduled to supply customers in Malaysia, Indonesia, Vietnam, ...
Tags: Stainless Coil, Mineral
It’s reported that the Korean steel giant Posco will remain its prices for austenitic stainless hot rolled coils (HRC) and cold rolled coils (CRC) unchanged for July. Posco stated that the nickel prices have fallen substantially ...
Tags: Korean Posco, Stainless Steel
With the coming of the maintenance season in summer, plus the lasting slack demand, the European domestic price of carbon steel flat product kept unchanged last week. Market participant said that the market was very weak on a while ...
Tags: Domestic Flat, Product Market
According to report, Argentina’s Ternium Siderar said last Friday that it will raise the annual coke production by at least 25%. Currently the company produces about 1~ 1.1 million tons of coke one year and it will try to raise ...
Tags: Siderar, Coke Production