According to a statement released by the Turkish Iron and Steel Producers' Association (TCUD), in January-May this year Turkey's finished steel production rose slightly, while its consumption saw a stronger increase, both compared to the ...
Tags: Iron and Steel, Steel, Mineral
At the recent 74th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris, participants from OECD and non-OECD economies discussed the prospects for improved growth in global steel demand, future ...
Tags: Steel Committee, steel, Mineral
As of June 24, inventory of iron ore at 25 major Chinese ports amounted to 75.18 million mt, indicating an increase of 520,000 mt or 0.7 percent compared to June 17, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore, Chinese ports, Mineral
According to data released by Chilean steel institute (Icha), Chile’s steel consumption totaled 663,000 tons in the first quarter of this year, decreasing by 9% year on year. Juan Pablo Silva, Icha's economist said that the decreased ...
Tags: Steel, Metallurgy, Mineral
India-based Gujarat NRE Coke Ltd (GNCL) has announced its financial results for the fourth quarter and the full financial year ended March 31, registering a net profit of INR 51.5 million ($922,086) in the fourth quarter, compared to a net ...
Tags: Metallurgy, Mineral, Energy
It’s reported that Malaysian steel industry official is proposing mergers and acquisitions to the steel industry in Malaysia to fight against cheap imports from foreign competition in nearby countries. The steel consumption in ...
Tags: Malaysian, Steel, Construction&Decoration
Pakistan-based Tuwairqi Steel Mills Limited (TSML) has recorded the highest-ever production rate of an iron making plant in Pakistan during the plant demonstration test conducted under the expert supervision of the US-based plantmaker ...
Tags: raw mat, Pakistan, Middle East, production, steelmaking, Istanbul
Reportedly, Eurofer predicted the European steel market was no sign of recovery in 2013. According to Mr. Wolfgang Eder, ceo of Voestalpine, the president of the European steelmakers' association Eurofer, the steel demand was not a great ...
Tags: Steel Market, Steel
According to a report released by Latin American steel association Alacero, imports of steel products including long and flat products and seamless tubes to Latin America from China totaled 952,000 metric tons in the first quarter of this ...
Tags: Latin American Steel, Mineral
The world’s top steelmaker ArcelorMittal said today that its first-quarter EBITDA was US$1.565 billion, which is 26% lower than the same period of 2012, but it sees positive core profit trends for the coming months. The company ...
Tags: ArcelorMittal, steelmaker, steel
India's finished steel consumption was up 3.5 percent to 5.6 million mt in April of the current year, compared to the 5.4 million mt recorded in the same month last year, according to provisional estimates released by the Joint Plant ...
Tags: Finished Steel, Mineral
Real steel consumption in the European Union is forecast to decline by over three percent in 2013, according to the Economic and Steel Market Outlook 2013-2014/Q2 2013 Report from the Economic Committee of the European Steel Association ...
Tags: EUROFER, Real Steel Consumption
Since the beginning of 2013, Mexico's economic environment has started to change from the end of the previous year, in February 2013, the Mexican global economic index (IGAE) fell 0.96% to 0.19%. In addition, compared with the same period ...
According with the last "Steel on figures" report from Mexico's National Chamber of Iron and Steel Industry (CANACERO), at the beginning of 2013, the national economic environment has had some changes from the previous year-end, when the ...
Tags: Steel Demand, Mineral
The European Steel Association (EUROFER) has stated that recent data on industrial production and unemployment signal that the EU economy continued to weaken in the first months of 2013, while the performance gap between Germany on the one ...