Jiangsu Shagang Group, the largest ferrous scrap user in China, on Saturday cut its buying price of heavy melting scrap 6 millimeters and above thick of Yuan 30 to Yuan 1,770/mt, including 17% value-added tax, delivered to Zhangjiagang, ...
Tags: ferrous scrap, Steel
Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
Steel markets in China showed little reaction to the central bank's third interest rate cut in six months Sunday, May 10, with some citing the small magnitude of change as a reason. Spot offers for 18-25 mm diameter HRB400 rebar, a key ...
Tags: Steel Market, Iron Steel
At the Bureau of International Recycling (BIR) Autumn Convention held on 27-28 October in Paris, concerns have emerged regarding a matter which only a few market players have considered with due attention so far, i.e., the volumes of steel ...
Tags: BIR, Convention, Energy
On October 28, the China Iron and Steel Association (CISA) announced that in mid-October (October 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - ...
Tags: Crude Steel, Crude Steel Output
On September 25, the China Iron and Steel Association (CISA) announced that in mid-September this year (September 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all ...
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net loss of EGP 176 million ($24.6 million), compared to a net profit of EGP 302 million in the first half of 2013. ...
Tags: Ezz Steel, long steel
The Port of Longview, Washington announced that its second Liebherr mobile harbor crane went to work exporting scrap metal for the first time in Port history. PNW Metal Recycling, LLC, is exporting scrap bound for foreign steel markets. ...
Tags: Metallurgy, Mineral, Energy, Steel, Metal, scrap metal
On September 17, the China Iron and Steel Association (CISA) announced that in early September this year (September 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all ...
Tags: CISA, steel output, Metallurgy
On September 10, the China Iron and Steel Association (CISA) announced that in late August (August 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - ...
Tags: Metallurgy, Mineral, Energy
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first quarter of the current year, reporting a net loss of EGP 19 million ($2.65 million), compared to a net profit of EGP 202 million in the first quarter of ...
Tags: Ezz, Loss, Metallurgy
On August 7, the China Iron and Steel Association (CISA) announced that in late July (July 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled ...
The China Iron and Steel Association (CISA) announced that in late June (June 21-30) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.778 million ...
Tags: Metallurgy, Mineral, Energy, Steel, Crude Steel
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
On May 16, the China Iron and Steel Association (CISA) announced that in early May (May 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.824 ...
Tags: Crude Steel, Iron