Asia
Asia
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Australian Dollar Rose After Stock Markets Gained Ground Overnight
Feb 20, 2013The Australian dollar rose after stock markets gained ground overnight, helped by the release of better than expected German economic sentiment data. At 6.30am AEDT the local unit was trading at 103.69 US cents, up from 103.29 cents at ...
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CSC Has Received More Than 2.7 Million Tons of Order Volumes in Q1 This Year
Feb 20, 2013It is reported that China Steel Corp. (CSC), the largest steelmaker in Taiwan has received more than 2.7 million tons of order volumes for the first quarter of this year, which is about 5%~8% higher than the received orders in the fourth ...
Tags: HRC Prices, Steel Corp, Steel
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Turkey's Exports of Longitudinally Welded Tube and Profile in 2012 Jump by 23.3% Y-O-Y
Feb 20, 2013Turkey’s exports of longitudinally welded tube and profile totaled 62,118 tons in last December, surging by 47% from a month ago and increasing by 58.5% year on year, hitting the highest level since December, 2006, according to ...
Tags: welded tube, longitudinally welded tube, welded tube export
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Tokyo Steel Manufacturing Plans to Lift Its Domestic Steel Prices in March 2013
Feb 20, 2013It is reported that Tokyo Steel Manufacturing plans to lift its domestic steel prices in March 2013. The company hiked the prices for most long products by ¥3,000/ton for March contracts. Meanwhile, the company will also increase ...
Tags: steel prices, steel, flat products
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The Latest Freight Rate Indications as Issued by Banchero Costa
Feb 20, 2013The latest freight rate indications as issued by Banchero Costa are as follows: Products: - 15,000-20,000 mt from the Black Sea approx. $15-16/mt FIO to Mediterranean ports of Turkey and Egypt approx. $16.5-17.5/mt FIO to Italy ...
Tags: Raw materials, Raw materials price, Freight Rate Indications
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Hunan Valin Announces That in 2013 It Plans to Produce 14.8 Million Mt of Pig Iron
Feb 20, 2013Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Co. has announced that in 2013 it plans to produce 14.8 million mt of pig iron,15.51 million mt of crude steel and 15.07 million mt of finished steel.Meanwhile, the company ...
Tags: Valin Steel, finished steel, steel
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MITI Told Its Decision Regards The AD Investigation on Steel Wire Imports From Taiwan
Feb 20, 2013Malaysia's Ministry of International Trade and Industry (MITI) has announced its final decision regarding the antidumping (AD) duty investigation on steel wire rod imports from Taiwan, China, Indonesia, South Korea and Turkey. Malaysia ...
Tags: wire rod imports, wire rod, steel wire
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Tangshan Iron and Steel Concludes a Deal for The Export of 4,000 Mt of Coated Steel Sheet
Feb 20, 2013Hebei Province-based Chinese steelmaker Tangshan Iron and Steel Co. has concluded a deal for the export of 4,000 mt of coated steel sheet to a construction company in Brazil, in its first export transaction for the product in question in ...
Tags: Tangshan Steel, Iron, Steel
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In 2012 Turkey's Seamless Pipe Imports Amounted to 203,237 Metric Tons
Feb 20, 2013According to the data provided by the Turkish Statistical Institute (TUIK), in 2012 Turkey's seamless pipe imports amounted to 203,237 metric tons, decreasing six percent year on year. In 2011, the seamless pipe imports of the country had ...
Tags: seamless pipe imports, seamless pipe, steel
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Japan's Nickel Ore Imports Totaled 431,199 Metric Tons in December Last Year
Feb 20, 2013According to statistics released by Japan's Ministry of Finance, Japan's nickel ore imports totaled 431,199 metric tons in December last year, falling by 1.35 percent month on month and up 12.8 percent compared to December 2011. ...
Tags: nickel ore imports, nickel ore, ore
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It Has Been a Slow Path to Commercialize Smart Packaging
Feb 19, 2013"It has been a slow path to commercialize smart packaging. Despite strong needs such as the aging population, tougher legislation, huge waste, more demanding consumers and concerns about safety and crime; commercial success has been mixed. ...
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Amcor Announced Its Agreement with AGI-Shorewood to Acquire Select Printing Assets
Feb 19, 2013Profit after tax and before significant items was up 5.7% to $322m for the six months up to 31 December 2012. Amcor managing director and chief executive Ken MacKenzie said: “The first half result represented a record underlying ...
Tags: Tobacco Packaging, Specialty Folding Carton Operations
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Taigang Announces That It Will Issue RMB 2.5 Billion of Unsecured Bills
Feb 19, 2013Reportedly, China's Shanxi Taigang Stainless Steel Co. Ltd. (Taigang) announced that it will issue RMB 2.5 billion of unsecured bills with a maturity of 365 days on the interbank market on February 18th. According to ...
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Essar Steel Algoma's Net Loss of US$25.1 Million for The Second Quarter
Feb 19, 2013Essar Steel Algoma, Ontario-based steel flats producer announced that its net loss of US$25.1 million for the second quarter ended on December 31st, 2012 although the company’s shipments increased by 19.6% year on year in the given ...
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NSSS Informed Its Distributors to Raise The Prices of H Beam for February Contracts
Feb 19, 2013Nippon Steel & Sumikin Shapes (NSSS), a subsidiary of Nippon Steel & Sumitomo Metal Corp (NSSMC), the largest steelmaker in Japan informed its distributors to raise the prices of H beam by 3,000yuan/ton for February contracts. A ...
Tags: NSSS, H Beam Prices, Nippon Steel
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