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Turkey New Continuous Casting Machine with Annual Production Capacity of 600,000 Tons

Feb 19, 2013

Reportedly, Asil Celik, Turkey’s largest alloy steel producer has announced its new continuous casting machine with annual production capacity of 600,000 tons. Meanwhile, the company has invested approximately US$21.5 million of ...

Tags: alloy steel producer, alloy steel, steel producer

China's Crude Stainless Steel Production in 2012 Rises by 14.17% Year on Year

Feb 19, 2013

According to statistics released by the Stainless Steel Council of China Special Steel Enterprise Association (CSSC), China’s crude stainless steel production totaled 16.087 million tons in 2012, rising by 14.17% year on year. ...

Tags: crude stainless steel production, crude stainless steel, steel

Japan's Seasonally Adjusted Industrial Production Increased 2.4 Percent

Feb 19, 2013

In December 2012, Japan's seasonally adjusted industrial production increased 2.4 percent from the previous month, while the original index indicated a decrease of 7.9 percent compared to the same month last year. The country's seasonally ...

Tags: industrial output, industrial, steel production

Japan's Iron Ore Imports Amounted to 131.1 Million Metric Tons in 2012

Feb 19, 2013

According to statistics released by Japan's Ministry of Finance, Japan's iron ore imports amounted to 131.1 million metric tons in 2012, increasing by 2.1 percent year on year. In 2011, the country's iron ore imports had decreased by 4.4 ...

Tags: iron ore imports, iron ore, iron

The Taiwanese Stainless Steel Prices Are Expected to Go up Further This Week

Feb 19, 2013

Driven by the stable nickel prices of over US$18, 300/ton, the Taiwanese stainless steel prices are expected to go up further this week. It’s known that the Taiwanese stainless steel mills will issue the new price next week and ...

Tags: Stable nickel price, stainless steel market, steel market

Country's Output of Construction Steel Products in This Jan Falls by 9% From a Month Ago

Feb 19, 2013

The Vietnam Steel Association (VSA) said that the country’s output of construction steel products totaled 360,000 tons in this January, falling by 9% from a month ago while rising by 26% year on year. In January, Vietnam’s ...

Tags: construction steel output, construction steel, steel output

Turkey's Imports of Steel Flat Products in 2012 Falls by 1.8% From a Year Ago

Feb 19, 2013

Turkeys’ imports of steel flat products including hot rolled, cold rolled and coated steel products totaled 5 million tons in 2012, falling by 1.8% from a year ago, according to statistics released by the Turkish Statistical Institute ...

Tags: steel flats, steel flats imports, steel

Korean Raises The Prices of HRC Before The Lunar Calendar New Year Holiday

Feb 19, 2013

It’s reported that the major steelmakers in Korean announced to raise the prices of hot rolled coils (HRC) before the lunar calendar New Year holiday. It’s learned that Posco announced to increase its HRC prices by KRW200, ...

Tags: steelmakers, HRC prices, steel

Shougang Raises The Prices of HR and CR Coils Respectively for March

Feb 19, 2013

Shougang, one of the largest steel companies in China informed its trade agents to raise the prices of hot rolled and cold rolled coils by RMB180/ton and RMB180~RMB250/ton respectively for March. Also, the company decided to increase ...

Tags: Chinese Shougang, coil prices, steel companies

Ansteel Announces That in January This Year It Produced 1.29 Million Mt of Crude Steel

Feb 19, 2013

Liaoning Province-based Chinese steelmaker Angang Steel Group (Ansteel) has announced that in January this year it produced 1.29 million mt of crude steel, up 16.5 percent year on year. Meanwhile, Ansteel’s outputs of pig iron and ...

Tags: Ansteel, crude steel, steelmaker

WISCO Announces That It Plans to Issue Short-Term Bonds Worth RMB 6.3 Billion

Feb 19, 2013

Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp.has announced that it plans to issue short-term bonds worth RMB 6.3 billion ($1 billion), in a first phase of short-term bond issuance for the current year. The ...

Tags: steelmaker, short term bonds, iron ore

Rising Price Movements Have Been Recorded in The LME Billet Market

Feb 19, 2013

In the week ended February 15, rising price movements have been recorded in the London Metal Exchange (LME) billet market, after the generally stable trend observed in the previous week. The following prices were recorded in LME billet ...

Tags: LME billet market, LME billet price, billet market

Turkey Imported 950,490 Mt of Slab in 2012, More Than Sextuple

Feb 19, 2013

According to the customs statistics provided by the Turkish Statistical Institute (TUIK), Turkey imported 950,490 mt of slab in 2012, more than sextuple compared to the previous year. In 2012, Turkey's slab imports hit the highest level ...

Tags: slab imports, Steel Producer, Steel

Shandong Steel Reports That in 2012 It Achieved an Operating Revenue of RMB 112.3 Billion

Feb 19, 2013

Shandong Province-based Shandong Iron and Steel Group has announced that in 2012 it achieved an operating revenue of RMB 112.3 billion ($18 billion). In 2012, Shandong Steel Group produced 23.3693 million mt of pig iron,23.0061 million mt ...

Tags: Shandong Steel, Steel Group, crude steel

The Number of Dual Interface Is Expected to Make up 30% of All Smart Card Shipments

Feb 19, 2013

Dual interface shipments to exceed the 1 billion mark in 2015. The number of dual interface and pure contactless smart cards is expected to make up 30% of all smart card shipments in 2018, rising from 16% of the 8.6 billion smart cards ...

Tags: Contactless smart cards, smart cards, contactless cards