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Change on 12th December as Compared to 11th December 2012

Dec 14, 2012

Iron ore levels remained ascendant for the 3rd consecutive day. It has touching levels last seen in July. Primarily driven by expected economic recovery in Q1 supported by strong critical parameters has set speculative fear in the market. ...

Tags: iron ore levels, economic recovery, iron market, mill

Chongqing Baosteel Meiwei Wheel Held The Start Working Ceremony

Dec 14, 2012

A few days ago, Chongqing Baosteel Meiwei Wheel, co, LTD project held the start working ceremony in Chongqing Liangjiang new area fish industry park. The project finished will provide convenient and fast personal service to the customers ...

Tags: alloy steel, chrome steel, steel wheels, steel scrap buyers

China Steel Market Has Experienced Swift Fluctuation

Dec 14, 2012

Since this year, China steel market has experienced swift fluctuation, which is also reflected in steel prices. In response to this, Baotou Steel made exports strategy adjustment immediately, as a result, they have exported 941,000 tonnes ...

Tags: buy steel pipe, steel plate, high carbon steel, steel manufacturer

China's Natural Gas Production Is Expected to Reach 176 Bcm Per Year by 2015

Dec 14, 2012

INTERFAX-CHINA reported that China's natural gas production is expected to reach 176 billion cubic meters per year (bcm) by 2015, according to a five-year development plan for the gas industry released by the National Energy Administration ...

Tags: oil&gas drilling, propane gas, wind china

China Steel Price Lost 0.2% in The Week Ending December 2,2012 Versus The Previous Week

Dec 14, 2012

According to Ministry of Commerce, China steel price lost 0.2% in the week ending December 2, 2012 versus the previous week. Among them, 10mm medium plate, 8# channel, 6.5mm high speed wire rod declined by 0.4 percent, 0.3 percent and 0.3 ...

Tags: structural steel, steel scrap price, buy steel pipe, steel plate

Iran and Turkey Trade Value Has Reached to USD 20 Billion in The Past Ten Months of 2012

Dec 14, 2012

MNA reported that the value of trade exchanges between Iran and Turkey has reached to USD 20 billion in the past ten months of 2012. As per report, the value of bilateral trade between the two neighbors has increased more than 45% ...

Tags: Iran, Turkey, trade exchange, trade

Citigroup Said The Country Is Likely to Clock a Growth Rate of 5.4% in 2012-13 Fiscal Year

Dec 14, 2012

Stating that the worst is over for the Indian economy, financial major Citigroup said the country is likely to clock a growth rate of 5.4% in 2012-13 fiscal year. Citigroup in a research report said that "Going forward, while we maintain ...

Tags: indian economy, fiscal year, GDP

SteelGuru Has Added Yet Another Value Added Service for Its Readers to Help Remain Updated

Dec 14, 2012

SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its ...

Tags: steel, metal, mining, steel price

Dollar Was More Than a Third of a US Cent Lower Following Slides on Global Stock Markets

Dec 14, 2012

THE Australian dollar was more than a third of a US cent lower following slides on global stock markets. At 6.30am AEDT the currency was trading at 105.16 US cents,down from 105.52 cents at yesterday's local close. The currency's move ...

Tags: Australian dollar, US, Europe

GF Automotive Will Enlarge Iron and Aluminum Die Casting Foundries in China and Europe

Dec 14, 2012

GF Automotive, a Corporate Group of Georg Fischer will further enlarge its existing plants in China and focus in Europe on its iron and aluminum die casting foundries. The aluminum sand casting business with two foundries in Friedrichshafen ...

Tags: iron ore price news, aluminum casting, casting mold, sand casting

Dollar Hovered Highs,Buoyed Federal Reserve to Pump Liquidity Into World's Largest Economy

Dec 14, 2012

THE Australian dollar hovered near three-month highs yesterday,buoyed by the US Federal Reserve's latest attempt to pump liquidity into the world's largest economy. The Fed,at the conclusion of its last policy meeting for the year,decided ...

Tags: Australian dollar, Fed, Operation Twist, RBA, CBA

Ltd Might Be Serving Initially From The Iron Ore Mine at Hajigak in Afghanistan

Dec 14, 2012

It’s not India but China and Iran that Steel Authority of India Ltd might be serving initially from the iron ore mine at Hajigak in Afghanistan for which negotiations are at a final stage and signing of the project likely to happen in ...

Tags: iron ore mine, steel, iron ore, ore

New Iron Ore Terminal in Odisha with an Investment of INR 520 Crore Would Be Commissioned

Dec 14, 2012

Essar Ports Ltd, a Ruia owned unit of the USD 17 billion Essar group, which was earlier known as Essar Shipping Ports and Logistics Ltd, plans to concentrate on expanding its existing ports. Mr Rajiv Agarwal MD of Essar Port Ltd said that ...

Tags: container ports, steel plate, inr indian rupee, coal terminals

Indian Long Product Price Index ILPPI Went Down by 5 Points on December 5th 2012

Dec 14, 2012

The Indian Long Product Price Index ILPPI went down by 5 points on December 5th 2012, whereas India Flat Product Price Index IFPPI remained stable. The overall Indian Steel Price Index INDSPI declined by 3 points. ILPPI – Long ...

Tags: structural steel, steel scrap price, buy steel pipe, steel beam

Plans Are Afoot to Bring a New Manufacturing Business to The Town

Dec 14, 2012

After the Kurri Kurri community was devastated by the closure of the local aluminium smelter, plans are afoot to bring a new manufacturing business to the town. Industrial Building Services plans to relocate from Tomago to the Hunter ...

Tags: steel business, steel, aluminium smelter, steel fabrication

Asia

Asia

Change on 12th December as Compared to 11th December 2012

Chongqing Baosteel Meiwei Wheel Held The Start Working Ceremony

China Steel Market Has Experienced Swift Fluctuation

China's Natural Gas Production Is Expected to Reach 176 Bcm Per Year by 2015

China Steel Price Lost 0.2% in The Week Ending December 2,2012 Versus The Previous Week

Iran and Turkey Trade Value Has Reached to USD 20 Billion in The Past Ten Months of 2012

Citigroup Said The Country Is Likely to Clock a Growth Rate of 5.4% in 2012-13 Fiscal Year

SteelGuru Has Added Yet Another Value Added Service for Its Readers to Help Remain Updated

Dollar Was More Than a Third of a US Cent Lower Following Slides on Global Stock Markets

GF Automotive Will Enlarge Iron and Aluminum Die Casting Foundries in China and Europe

Dollar Hovered Highs,Buoyed Federal Reserve to Pump Liquidity Into World's Largest Economy

Ltd Might Be Serving Initially From The Iron Ore Mine at Hajigak in Afghanistan

New Iron Ore Terminal in Odisha with an Investment of INR 520 Crore Would Be Commissioned

Indian Long Product Price Index ILPPI Went Down by 5 Points on December 5th 2012

Plans Are Afoot to Bring a New Manufacturing Business to The Town

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