Reportedly, rebar futures increased in the Shanghai Futures Exchange (SHFE) on expected reduction of output from Chinese steel mills. Price of rebar for May delivery increased to around RMB3,486/ton. It is said that China’s average ...
Tags: rebar futures, steel mills
ZHANG CHENGLIANG/CHINA DAILY Although China's economic growth is slowing down, ongoing urbanization will still strongly support demand for iron ore and steel products for a long time. "We have confidence in China's iron ore demand because ...
E-commerce took off in the steel sector in 2013 as the ailing industry competes to cut costs, Dong Baoqing, an official at the Ministry of Industry and Information Technology, said at a -forum in Shanghai on Sa-turday. ...
Tags: Steel Firms, Mineral
Sysco, one of the major coating steel mills in Taiwan, said its sales revenues in Q4 of 2013 were NT$4.113 billion, up by 7.3% compared to the last quarter. The company also registered its sales revenues of NT$1.462 billion in December of ...
Tags: Sysco, coating steel, sales revenues
Cherepovets Steel Mill, one of the world's largest integrated steel mills and part of the Russian Steel division of Severstal, one of the world's leading steel and steel-related mining companies, has announced that it produced a record ...
Tags: Cherepovets Steel, Mineral
The Brazilian steel mills including Usiminas, Companhia Siderurgica Nacional (CSN) and ArcelorMittal have planned to raise the prices for flat-rolled steel products by 6%~7.5% averagely. It’s said that Usiminas hiked prices by ...
Tags: Brazilian steel mills, raise the prices, flat-rolled steel products
German steelmaker ThyssenKrupp has announced that it has initiated a project to convert carbon from steel mill gasses into valuable chemicals. The electricity for this project is to come from renewable sources. ThyssenKrupp said that the ...
Tags: ThyssenKrupp, steel mill gasses, convert, carbon, valuable chemicals
According to the latest data from the China Iron and Steel Association, the daily average production of crude steel in China was expected to be around 1.96 million tons in the second half of December last year. This is the first time to ...
Tags: China Iron and Steel Association, daily average production, crude steel
The American Iron and Steel Institute (AISI) reported Thursday that for the month of November 2013, US steel mills shipped 7,604,428 net tons, a 9.0 percent decrease from the 8,287,553 net tons shipped in the previous month, October 2013, ...
Tags: Steel Mill, Steel, Metallurgy, Mineral, Energy, Iron
Sysco, one of the major coating steel mills in Taiwan, said the company's orders has been full booked until the end of February, 2014 and the company's current monthly production quantity which included galvanized, galvalume and pre-painted ...
Tags: Steel, Steel News, Taiwanese Sysco
Chinese steel market sources expressed contentment Monday at the country's 85-86 million mt of iron ore inventories at over 20 major Chinese sea ports at present, saying this will likely help steel mills to stabilize imported iron ore ...
Iran has liberated exports of steel products by mid-June in a bid to give an incentive to domestic producers, Tehran Times daily reported on Monday. Exports of steel products and ingots will be unlimited until the end of Iran Khordad ...
Tags: Steel Output, Mineral
Tisco, one of the major stainless steel mills in China, has announced that the company will keep its listed price flat in January, 2014 for domestic market. After Tisco's new price announcement, its new base price for 304 2B coil base ...
Tags: steel, metallurgy
Taiwan's Chung Hung Steel has announced to increase its January price for galvanized steel by NT$300/ton in the domestic market. However, the major coating steel mills, Yieh Phui Enterprise (YP) and Sysco have still decided to keep its ...
Tags: steel, metallurgy
In the week from December 30 to January 5, on the Orbis Steel Index the Turkish scrap index moved upwards, while the US (East Coast) HMS I/II scrap export index followed a stable trend. In the given week, the Turkish rebar index maintained ...
Tags: steel, metallurgy