On October 31, The Third International Conference on Logistic Development and The Forth International Logistic Expo were grandly opened in Suining. Nearly 300 advanced logistics enterprises and logistics equipment enterprises were honored ...
Prices for hot-rolled and cold-rolled coil in the US are expected to bottom out by the end of the year, sources said Tuesday. Platts maintained its daily HRC and CRC assessments at $360-$370/st and $490-$500/st, respectively. Both prices ...
Tags: hot-rolled coil, cold-rolled coil
South Korean steel maker POSCO has started construction on an automotive steel sheet plant in Thailand which is expected to be completed by 2016. The plant will be producing galvanized steel sheet for automotive applications and the plant ...
Tags: POSCO, Steel Sheet Plant, Accessories
South Korean steelmaker POSCO has announced that it has broken ground for its continuous galvanizing line (CGL) to produce quality galvanized steel sheet for automotive applications in Rayong Province, Thailand. The new line with an annual ...
Tags: POSCO, Continuous Galvanizing Line, Energy
Mexico recorded the largest trade deficit of imports over exports throughout Latin American rolled steel, with 1.5 million tons in the first five months of 2014, said the Latin American Steel Association (Alacero). The apparent ...
Tags: Mexico, recorde, largest trade deficit
Japanese steelmaker Kobe Steel has announced that it has established a joint venture called Kobelco Angang Auto Steel with Chinese steelmaker Angang Steel, a subsidiary of Anshan Iron & Steel Group, to produce cold rolled high-strength ...
Tags: Kobe Steel, Steel, Mineral
Turkey-based steel producer MMK Metalurji, a subsidiary of Russian steel giant Magnitogorsk Iron and Steel Works (MMK), has announced that hot dip galvanized steel sheet sales to the Turkish domestic market increased by 66 percent, while ...
Tags: Steel Sheet, Coated Steel
According to the data released by the Export and Import Division of South Korea's Ministry of Knowledge Economy (MOTIE), the country's trade balance indicated a $5.35 billion surplus in May this year. Meanwhile, in the first five months ...
Tags: Steel Exports, cars exports
US steel sheet prices stayed flat on Tuesday as mills remained reluctant to offer lower prices, but sources noted that downward pricing pressure is continuing to develop. Platts maintained its hot-rolled coil assessment at $675-685/st, ...
Tags: Steel Sheet, hot-rolled coil
The US sheet steel market might be in for another stretch of relative stability, as new upcoming outages balance import pressure and drab demand, market sources said Thursday. One industry consultant said manufacturing -- and thus steel ...
Tags: Steel Sheet, steel consumption
The US hot-rolled coil steel sheet market Wednesday saw prices trend move down for the second time this week as buyers and at least one producer reported lower offers and transaction prices. One Midwestern service center source said HRC ...
Tags: Steel Sheet, Hot-Rolled Steel
The US steel sheet market remains relatively steady, though a lack of buyer urgency may be eroding the bottom range of hot-rolled pricing, market sources said Monday. A top-tier mill source said import buying has picked up but domestic ...
Tags: Steel Sheet, top-tier mill
Strong domestic mill pricing appears to be filtering, slowly but surely, through the supply chain, market sources said Tuesday. Service centers have no choice but to increase their pricing for end-users, though realized prices are still ...
Tags: Steel Sheet, Downstream Markets
The US steel coil market remained tight Monday as lead times are now stretching into June and July and mill discipline continues to be iron-clad, market sources said. "They're a little flexible on volume, but it really depends on who ...
Tags: Steel Sheet, steel coil
UAE-based steel producer Emirates Steel Industries (ESI) has announced that it has launched its new steel sheet pile product, becoming the only steel manufacturer in the Middle East to develop and sell sheet piles. Emirates Steel plans to ...
Tags: Emirates Steel, sheet piles