It’s reported that JSW Steel, the largest private-owned steelmaker in India are mulling to raise its steel prices by 5% from September 1st as the raw material prices have increased due to depreciated Indian Rupees. The official of JSW ...
Tags: JSW Steel Mills, Steel Prices
It’s reported that the Chinese steelmaker Liuzhou Steel released its financial result for the first half of this year. In the first half of this year, Liuzhou Steel realized operating revenues of RMB18.154 billion, falling by ...
Tags: Liuzhou Steel, Mineral
As reported by Germany's Federal Statistical Office (Destatis), in July this year the producer prices of industrial products in Germany decreased by just 0.1 percent compared to June this year and were up 0.5 percent compared to July 2012. ...
Tags: Rebar Prices, Mineral
Australian steelmaker BlueScope Steel has posted a net loss of AU$84 million for the 2012-13 financial year ended June 30, down from the net loss of AU$1.04 billion in the previous financial year, primarily reflecting the benefit of the ...
Tags: steelmaker, Mineral
It’s reported that Baosteel Stainless, one of the major stainless steel producers in China announced to raise its export prices for austenitic stainless steel coils by US$50/ton in order to reflect higher stainless steel prices in the ...
According to data released by the China Iron and Steel Association (CISA) on August 15, as of the end of July (July 31), the composite steel price index (CSPI) for the Chinese domestic market was at 100.48 points, up 1.96 points or 1.99 ...
Tags: Chinese Steel Prices
It’s reported that Chinese steel giant Baosteel released its list prices for steel flat products by RMB120~RMB150/ton for September. Baosteel decided to increase its list prices for hot rolled steel products by RMB150/ton. ...
Tags: Baosteel, Steel Prices
Sault Ste. Marie, Ontario-based Essar Steel Algoma, a producer of flat rolled and plate steel products, reported Tuesday an EBITDA loss of $8.4 million for the three month period ending June 30, 2013, compared to EBITDA of $64.2 million for ...
Tags: Steel Prices, Steel Algoma
Stimulated by higher raw material prices and increased steel prices in the international market, the transaction prices of carbon steel finished steel wires have remained stable in recent days. In addition, the buying has obviously ...
Tags: Carbon Steel, Finish Wire
Chung Hung Steel, one of the major carbon steelmaker in Taiwan announced that its consolidated sales revenues totaled NT$3.184 billion in July, soaring by 23.5% from a month ago, boosted by increased steel prices. In July, the ...
Tags: Chung Hung Steel, Mineral
Bursa-based Turkish steelmaker Cemtas Celik Makina Sanayi ve Ticaret A.S (Cemtas) has announced its financial results for the second quarter and the first half of 2013. Cemtas has reported a net profit of almost TRY 4 million ($2.07 ...
Tags: steelmaker, Cemtas
It’s reported that the Indian steelmakers are seeking to raise hot rolled coil (HRC) prices recently due to increased steel prices in international market and depreciated Rupees. However, market participants said that the Indian ...
Tags: Steelmakers, HRC Prices
It’s reported that Yieh Hsing, one of the major wire rod producers in Taiwan announced to raise its list prices for wire rods by NT$300/ton averagely for August. Yieh Hsing stated that it decided to raise wire rod prices for ...
Tags: Yieh Hsing, Wire Rod
Steelmaker Ternium reported Wednesday net income of $134.4 million for Q2 2013, down from $151.4 million in the previous quarter, but higher than the $115.4 million reported in Q2 2012. Steel shipments in Q2 2013 of 2.2 billion tons were ...
Tags: Ternium, Stable Sales
In July this year, the purchasing managers' index (PMI) of China's steel sector increased to 52.5 percent, exceeding 50 percent for only the second time since February this year, as announced by the China Steel Logistics Committee (CSLC) ...
Tags: Steel Sector, Mineral