Asia
Asia
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ArcelorMittal's First-Quarter Ebitda Was US$1.565 Billion
May 14, 2013The world’s top steelmaker ArcelorMittal said today that its first-quarter EBITDA was US$1.565 billion, which is 26% lower than the same period of 2012, but it sees positive core profit trends for the coming months. The company ...
Tags: ArcelorMittal, steelmaker, steel
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NSSMC Released Its Financial Result for The Fiscal Year 2012/13
May 14, 2013Reportedly, Nippon Steel & Sumitomo Metal Corp. (NSSMC), the second largest steelmaker in Japan released its financial result for the fiscal year 2012/13 ended on March 31st. NSSMC posted a net loss of 124.6 billion for the fiscal year ...
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ArcelorMittla FCA Posts US$4.9 Billion for Q1sales,Rising by 3.8%
May 14, 2013Reportedly, ArcelorMittla Flat Carbon Americas (FCA) posts US$4.9 billion for the first quarter sales, rising by 3.8% from US$4.7 billion in a quarter ago, driven by higher selling prices in South America and Mexico. In the first quarter of ...
Tags: ArcelorMittal, Flat Carbon
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It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities
May 14, 2013It was assessed by SunSirs that in the tracked 100 spot commodities,24 commodities increased in prices, 23 fell and 53 remained unchanged on 10/05/2013.The largest rises were Dried cocoons (3.33%),Urea (0.89%),Cotton yarn (0.81%),while the ...
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Luxus to Tackl Problem with New Additives Used for Traceable Bread Basket Manufacturing
May 14, 2013According to Luxus bread basket theft and loss has been a problem and has reportedly escalated of late. Luxus are looking to tackle the problem with unique new additives that can be used for traceable bread basket manufacturing. James ...
Tags: Allied Bakeries, Packaging
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Japan Exported Hot Rolled Coils (HRC) in March,Rising by 6.9% From a Month Ago
May 14, 2013According to statistics, Japan exported around 1.07 million tons of hot rolled coils (HRC) in March, rising by 6.9% from a month ago. Meanwhile, the HRC export prices averaged at US$606.1/ton FOB, up by 3.6% month on month. In March, the ...
Tags: HRC Exports, HRC
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Japanese Austenitic Stainless Steel Sheet Producers Began to Collect The Price Information
May 14, 2013After the holiday in early May, Japanese producers of austenitic stainless steel sheet began to collect the price information from the Asian customers immediately. Posco kept the austenitic stainless steel price flat for May and lifted the ...
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Turkey's Imports of Steel Flat Products in March,Rising by 22% From a Month Ago
May 14, 2013Turkey’s imports of steel flat products including hot rolled, cold rolled, coated and narrow strip steel, totaled 567,015 tons in March, rising by 22% from a month ago and jumping by 60.5% year on year, according to data released by ...
Tags: Steel Flats Soar, Steel Flats
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Turkey Exported Wire Rods in Q1 of This Year with Average Prices of US$608.69/Ton FOB
May 14, 2013Turkey exported 297,470 tons of wire rods in the first quarter of this year with average prices of US$608.69/ton FOB, according to data released by the Turkish Statistical Institute (TUIK). In the first quarter of this year, Singapore was ...
Tags: Wire Rods Exports, Wire Rods
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India Has Raised The Import Duty on a Range of Major Polymers
May 14, 2013India has raised the import duty on a range of major polymers, namely polypropylene, polyethylene and polyvinyl chloride, from 5% to 7.5% effective Thursday, a source from Reliance Industries said. "This is a logical move because it gives ...
Tags: APIC, Polymer Import
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China's Industrial Output Expanded Past in April
May 14, 2013According to the data from National Bureau of Statistics, China's industrial output expanded at a faster rate in April to 9.3 percent year-on-year, up from 8.9 percent in March. Month-on-month growth in April, which reached 0.87 percent, ...
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Chinese Corn Yields to Raise by 2.82%
May 13, 2013Chinese corn yield is expected to raise by 2.82%, reaching 214000000 tons, said China National Grain & Oils Information Center. China will import 5,000,000 tons corn in 2013-14, higher than before. Besides, Chinese wheat yields is ...
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China Saw Renminbi Loans Jump CNY792.9 Bn in April
May 13, 2013China saw renminbi loans jump CNY 792.9 bn in April, CNY 111.1 bn more from a year ago, according to monthly financial data released by the country's central bank today. Foreign currency loans added CNY 84.7 bn in the month, CNY 75.1 bn ...
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Baosteel Announced a Price Cut
May 13, 2013After China's biggest steel manufacturer Baosteel announced a price cut, buyers holds back and takes a wait and see approach. It’s learned that the prices for rebar fell as demand softens. Weather condition has not been favorable and ...
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Malaysia's Ruling Coalition Has Won The General Election Held on May 5th
May 13, 2013Malaysia's ruling coalition has won the General Election held on May 5th, retaining its 56-year hold on power. Influenced by the election however, the Malaysian steel market moved slowly these days. Most traders are watching the market ...
Tags: Seamless Pipe Price, Seamless Pipe
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