Turkish steelmakers and international scrap recyclers are fairly quiet this week in discussing December/January shipments of bulk cargoes, with electric arc furnaces keen to sell more finished steel products before turning their attention ...
Tags: Steel Mills, Metallurgy, Mineral, Energy
World crude steel production in October this year increased by 6.6 percent year on year to 134.26 million metric tons, while 1.29 percent growth was observed on month-on-month basis, according to the World Steel Association (worldsteel). ...
Tags: Crude Steel, Mineral
It is reported that a group led by stainless steel maker Aperam has up its bid for Outokumpu's Italian steel mill. Outokumpu which is looking to sell its Italian steel plant Terni so far sees all bids as too low. The consortium, including ...
Tags: Steel Mill, steel, Construction
Japanese mills have increased their export prices of cold rolled non-grain-oriented steel (CRNGO) to China by US$20~30/ton month-by-month since October, attempting to reach at US$750/ton CFR although CRNGO prices unchanged by Chinese main ...
Tags: Metallurgy, Mineral, Steel Mills
Yieh Phui, one of the major coating steel mills in Taiwan said that it might raise its export prices by US$10~US$20/ton for next January due to the rising steel demand in the US and European market. Meanwhile, the price rise is also ...
Tags: Coating Steel Mills, Steel, taiwan, Construction
It is learned that Brazil's Vale and China's Baosteel agreed to suspend their joint venture mill at Brazil due to the global crisis. In the company note of Vale said the global economic crisis affected steel supply chain very badly, so the ...
Tags: Construction, steel
It's reported that Taiwan's ministry of Finance has determined the final antidumping (AD) duties on imported stainless cold rolled products from China and Korea since November 22nd. The duty rate will be imposed from 20.18% to 38.11%, ...
Tags: taiwan, steel, Construction, Stainless CR, Stainless Steel
It’s reported that, Taiwanese China Steel Corp. (CSC) is going to have the new price announcement for next January and February on November 29th. CSC planned to hike its new prices since the Taiwanese coating steel mills have ...
A new approach is needed in the relationship between scrap dealers and steel mills - this in short is the solution presented by Romano Pezzotti, president of Assofermet Scrap division, and Cesare Pasini, vice president of Feralpi Group, ...
Tags: Assofermet, SteelOrbis, approach, Italian, steel, sector
According to the data provided by the Turkish Statistical Institute (TUIK), in September this year Turkey's slab imports amounted to 198,685 mt, increasing by 36.17 percent month on month and up 84.19 percent year on year. The total value ...
US raw steel production picked up last week as production from Southern mills rebounded, data published Monday by the American Iron and Steel Institute showed. For the week ended Saturday, mills produced 1.856 million st of raw steel, up ...
Tags: Steel Production, Mineral
It’s reported that the Chinese steelmaker Wuhan Iron & Steel (Wisco) announced to cut its list prices for steel flat products by RMB50/ton for December deliveries. After the adjustment, its prices for Q235 hot rolled coils (HRC) with ...
Tags: Steel Flats, Mineral
In the week from November 11 to November 17, on the Orbis Steel Index the Turkish scrap index moved downwards, while the US (East Coast) HMS I/II scrap export index continued to increase compared to the previous week. In the given week, the ...
Tags: Scrap, Steel Index
Chinese electrolytic manganese metal prices fell this week, with most steel mills retreating from the spot market following weeks of restocking, sources said Platts assessed 99.7% manganese at $2,160-2,210/mt FOB China Thursday, down ...
Tags: steel mills, Spot Market
With rebounding price of carbon steel hot rolled coil in Turkey, Turkish steel producers are going to surge the price of steel heavy plate by at least US$10/ton. So far, the ex-work price of heavy plate is about US$615~US$640/ton in Turkey. ...
Tags: Steel Mills, Mineral