U.S. Steel Corp and AK Steel Holding Corp expect better performance along with recovery of global economy and steady low cost of raw materials such as coal and iron ore. The global steel demand is expected to rise 3.2% compared with ...
According to the preliminary data released by the World Steel Association (worldsteel), global pig iron production in 2012 amounted to 1.1 billion metric tons, rising by 1.7 percent year on year. In 2011, a five percent year-on-year ...
According to the preliminary data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the countries reporting to worldsteel in 2012 declined to 55.4 million metric tons, decreasing by 12.8 ...
Tags: Steel Association, DRI, direct reduced iron
According to the World Steel Association (worldsteel), in 2012 the crude steel output of 64 countries surveyed across the globe reached 1.55 billion mt, increasing by 1.2 percent on year-on-year basis, hitting a new record for global crude ...
Tags: crude steel output, crude steel, crude steel production
Reportedly, Mr LN Mittal, CEO of ArcelorMittal that global steel demand will grow 2%-3% this year mainly because of expanding U.S and emerging markets, added that European consumption would be nearly flat with forecast growth is between ...
Tags: ArcelorMittal, global steel, 2013
The World Steel Association (worldsteel) announced the regional champions of the 7th steeluniversity.org Challenge. The regional championship took place on November 13th and 21st 2012 over two 24 hour periods. This year's competition ...
Tags: World Steel Association, global steel industry, regional championship
FNA reported that Isfahan's Mobarakeh Steel Company will boost its annual output capacity to 1.5 million tonnes in the near future. Mr Majid Mahmoudi director for engineering and energy development affairs of Mobarakeh Steel said that a ...
Tags: steel scrap buyers, steel construction, iron ore price news
The short term market outlook has been revised downwards again According to the latest OECD Economic Outlook,released on 27 November 2012,the global economy is weakening again driven by a significant drop in confidence.High and,in some ...
Tags: steel, short term market outlook, weakening global trade, slowdown
Recently, the forty-sixth International World Steel Association, as well as the third Steelies prize presentation, was held in India. The two projects Baosteel declared: LCA excellent case and thermal state blast furnace slag for direct ...
Tags: Market View, Fasteners
According to a Reuters calculation based on data released by World Steel Association, the daily rate of global crude steel production rose slightly in February 2012 from a month earlier, helped by a seasonal demand pickup in top producer ...
Tags: Industry Trends, fastener
Steel demand worldwide is growing slower than forecast, eroding profit at producers including ArcelorMittal and Tata Steel Ltd. (TATA) and forcing investors to revise their 2012 outlook for the $430 billion industry. Global use of the alloy ...
Tags: Market View, steel, raw material