Asia
Asia
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Japanese Sasaki and Hakata Have Decided to Use a Resource Saving Duplex Stainless Steel
May 2, 2013Reportedly, Japanese shipbuilders Sasaki Shipbuilding Co Ltd. (Sasaki) and Hakata Shipbuilding Co Ltd. (Hakata) for the first time in Japan, have decided to use a resource saving type duplex stainless steel, NSSC®2120, of Nippon Steel & ...
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Brazilian Steelmaker Usiminas May Consider to Raise Its Operation Close to Full Capacity
May 2, 2013According to report, Brazilian steelmaker Usiminas may consider to raise its operation close to full capacity if seeing the demand to rise. Currently the capacity is operated at 80~85 percent. The nominal crude steel capacity is 9.5 ...
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Sesa Goa Launched Its Financial Result for The Fourth Quarter and The FY 2012/13
May 2, 2013It’s reported that Indian miner Sesa Goa launched its financial result for the fourth quarter and the fiscal year 2012/13 ended on March 31st. Sesa Goa posted a net profit of INR2.98 billion for the fourth quarter of this year, ...
Tags: Sesa Goa, Net Profits
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Japan's Kobe Steel Launched Its Financial Result for The Fiscal Year 2012/13
May 2, 2013Japan’s Kobe Steel launched its financial result for the fiscal year 2012/13 ended on March 31st. The company posted a net loss of ¥27 billion for the fiscal year 2012/13, in comparison of a net loss of ¥14.24 billion in a ...
Tags: Kobe Steel, Mineral
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Rodex Fasteners's Taiwanese Plant's Sales Profit Will Stay Flat in Q1 of This Year
May 2, 2013Rodex Fasteners Corp., one of the major stainless steel fasteners manufacturers in Taiwan said that its Taiwanese plant's sales profit will stay flat in the first quarter of this year. However, the rising demand from European market may ...
Tags: Rodex Fasteners Corp, Service
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ANZ Bank's Better Than Expected Half-Year Result Yesterday Was Trigger for Buying Scramble
May 2, 2013ANZ Bank's better than expected half-year result yesterday was the trigger for a buying scramble in the big four banks that single-handedly pushed Australia's major sharemarket index up 65 points, or 1.2 per cent, to a five-year high of ...
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The Taiwanese Steel Pipe Makers Are Going to Release Price Policy for May
May 2, 2013Reportedly, the Taiwanese steel pipe makers are going to release price policy for May. Industry sources said that the Taiwanese steel pipe makers might cut prices by NT$700~NT$800/ton for May in order to reflect lower raw material prices. ...
Tags: Steel Pipe, Steel
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Posco Planned to Raise Its Auto-Sheet Sales This Year
May 2, 2013Kim Jae-Yeol, the Senior Vice President of the Korean steel giant Posco planned to raise its auto-sheet sales this year by increasing exports to customers in emerging countries such as India and China, aiming to offset the forecasted drop ...
Tags: Posco Targets, Auto Sheet Sales
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Rautaruukki Focuses on Its Special Steel Business Instead of a Commodity Steel Business
May 2, 2013It is reported that Finnish steelmaker Rautaruukki announced to focus on its special steel business instead of a commodity steel business in order to increase the profitability of the entire group this year. It’s learned that the ...
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Hyundai Steel's Production of Steel Flats and Longs in Q1 This Year,Falling by 15%
May 2, 2013Korean second largest steelmaker Hyundai Steel said that its production of finished steel flats and longs totaled 3.37 million tons in the first quarter of this year, falling by 15% from a quarter ago. In the first quarter of this year, the ...
Tags: Hyundai Steel
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Baosteel Released Its Financial Result for The First Quarter of This Year
May 2, 2013The Chinese steelmaker Baosteel released its financial result for the first quarter of this year. In the first quarter of this year, Baosteel realized sales operating revenue of RMB46.436 billion, decreasing by 2.1% year on year and the ...
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Taigang Stainless Cuts Its Domestic Prices for Its Austenitic HRC and CRC
May 2, 2013It’s reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its domestic prices for its austenitic hot rolled coils and cold rolled coils by RMB700/ton and RMB1,100/ton for May deliveries in ...
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Stocks of Stainless Steel Products in The Chinese Foshan Market in April,Falling by 4.27%
May 2, 2013According to local sources, the stocks of stainless steel products totaled 144,689 tons in the Chinese Foshan market in the second 10 days of April, falling by 4.27% from the previous 10 days. Among them, 72,269 tons were cold rolled ...
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Japan's Exports of HR Steel Flat Products in March,Increasing by 11.8% Year on Year
May 2, 2013Japan’s exports of hot rolled (HR) steel flat products totaled 1.4 million tons in March, rising by 13.7% from a month ago and increasing by 11.8% year on year, according to data released by the Ministry of Finance. In the first ...
Tags: HR Steel Flats, Steel Flats
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The AWEX Regional Indicators Finished 1.9% Lower, on Average, at Sales in Sydney
May 2, 2013The AWEX Regional Indicators finished 1.9% lower, on average, at sales in Sydney, Melbourne and Fremantle last week when the US exchange rate fell by 0.5%. The wool market displayed more of the volatility seen since the resumption of ...
Tags: Aussie Wool, Textile
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