According to Damstahl’s report last Friday, the German-bases service center said the European stainless steel demand would fall about 3% in 2013. Damstahl said that the stainless steel demand remained at low level in southern ...
Tags: Damstahl, Stainless Steel
According to report made by the Posco Research Institute (Posri), Korea’s domestic demand for finished steel products will rise slightly by 1.5% year on year to 26.48 million tons in the second half of this year. Posri indicated ...
Tags: Domestic Steel Demand
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced its financial results for the second quarter and the first half of the current year, stating that it has had to lower its guidance for 2013 due to weaker than ...
Tags: ArcelorMitta, steelmaker
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the second quarter and the first half of the current year, reporting a net profit of ZAR 135 million ($13.45 million) in the second ...
It is reported that ArcelorMittal is forecasting growth of between 9%~10% annually in the Chinese auto steel demand. The general manager of ArcelorMittal is quoted saying demand for auto sheet in China reached 13 million~14 million ...
Tags: Auto Steel Demand, Mineral
Finland-based stainless producer Outokumpu announced that its stainless steel shipments totaled 656,000 tons in the second quarter of this year, falling by 8.8% year on year. In the first half of this year, the group’s stainless ...
Tags: stainless Steel, Outokumpu
Australia's third-biggest iron ore producer Fortescue Metals Group Ltd (Fortescue) has announced its operating results for the second quarter of the current year. Fortescue CEO Nev Power pointed out that the company cut costs by 18 percent ...
Tags: Fortescue, Iron Ore Demand
According to the Economic and Steel Market Outlook 2013-2014/Q3 2013 Report from the Economic Committee of the European Steel Association (EUROFER), EU steel imports remained at a high level in the second quarter of the current year, after ...
According to the Economic and Steel Market Outlook 2013-2014/Q3 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in the first quarter of 2013 European Union (EU) steel exports increased by 11 percent year ...
Tags: Steel Exports, EUROFER
Finland-based stainless steel producer Outokumpu has announced its financial results for the second quarter of 2013. Outokumpu's net loss widened to €250 million in the given quarter compared to a net loss of €152 million in the ...
At the recent 74th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris, Laplace Conseil, a consulting firm specialized in the metal and mineral industries, gave a presentation on the impacts ...
Tags: Energy, Steel Output, 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
According to the Japanese Ministry of Trade (METI), Japanese demand for crude steel in the third quarter of the current year is expected total 28 million mt, unchanged from the third quarter output forecast made in the second quarter, with ...
Tags: Crude Steel, Mineral
International credit rating agency Standard & Poor's has announced that it has raised the long-term corporate credit rating of Turkish steelmaker Eregli Demir ve Celik Fabrikalari T.A.S. (Erdemir) to 'B+' from 'B', with the outlook being ...
Tags: Turkey-Based Erdemir, Mineral
According to report released by Germany-based service centre group Damstahl, the European stainless steel market is slowing no substantial change in the second quarter, in comparison of a quarter ago. Damstahl said that the stainless steel ...
Tags: Construction, Decoration, Metallurgy, Mineral, Energy