Industry Trends
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Industry Trends
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Taigang Stainless Announced to Cut Domestic Prices
Sep 27, 2013It's reported that the Taigang Stainless, the largest stainless producers announced to cut domestic prices for austenitic hot rolled and cold rolled stainless coils by RMB500/ton and RMB700/ton respectively for October. After the ...
Tags: Stainless Coil, Construction
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Outokumpu USA Announced to Cut Its Alloy Surcharges for Most Grades of Stainless Steel
Sep 27, 2013Reportedly, Outokumpu Stainless USA announced to cut its alloy surcharges for most grades of stainless steel for October. The company set its October alloy surcharges for 304 grades material at US$0.639/lb., decreasing by 2% from 0.6519/lb. ...
Tags: Alloy, Construction
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Quintain Steel Has Announced Its Sales in August Recently
Sep 27, 2013Quintain Steel, one of the major carbon steel wire products re-rollers in Southern Taiwan, has announced its sales in August recently. According to its calculation, the company has earned after tax sales profit by NT$639,000 in August which ...
Tags: Construction, Decoration
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China's Seamless Pipe Exports Totaled 451,345 Tons in August,Rising by 4% From a Month Ago
Sep 27, 2013According to data released by China's customs, the country's seamless steel pipe exports totaled 451,345 tons in August, rising by 4% from a month ago and also increasing by 4% year on year. Among them, the exports of oil/gas line pipes ...
Tags: Seamless Pipe, Construction
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Taiwan's Export Orders of Basic Metal Totaled US$2.23 Billion in August
Sep 27, 2013According to data of Taiwan Ministry of Economic Affairs, Taiwan's export orders of basic metal and basic metal products totaled US$2.23 billion in August, falling by 4% from a month ago but rising by 2.1% year on year. In the first eight ...
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Japanese Nippon Steel & Sumitomo Metal Corp. Has Announced to Trim Its Costs
Sep 27, 2013Reported, Japanese Nippon Steel & Sumitomo Metal Corp. has announced to trim its costs by reviewing its production structure to be more competitive in region. It also can help to improve the company's profitability against other rivals from ...
Tags: Steel, Construction
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Rougier Showed a Considerably Higher Operating Loss of €4.4m in Its Business Report
Sep 27, 2013Following the decline in turnover of 11.4% to €65.3m already announced in August, the French tropical-timber concern Rougier also showed a considerably higher operating loss of €4.4m in its business report for the first half of ...
Tags: tropical-timber, Construction
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Taiwanese Chung Hung Steel Announced to Raise Its List Prices for Steel Flat Products
Sep 26, 2013It's reported that Chung Hung Steel, one of the major carbon steelmakers in Taiwan announced to raise its list prices for steel flat products for October. The company decided to hike its list prices for hot rolled, cold rolled steel ...
Tags: Hikes Steel Flats, Steel
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The Daily Output of Seamless Steel Pipes Rises by 11% Year on Year
Sep 26, 2013According to data released by the National Bureau of Statistics (NBS), China's seamless steel pipe output totaled 2.59 million tons in August. The daily output of seamless steel pipes averaged at 83,581 tons, remaining flat from a month ago ...
Tags: Seamless Steel Pipe, Construction
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The Turkish Steel Long Product Manufacturer Icdas Has Cut Its List Prices for Rebar
Sep 26, 2013It's reported that the Turkish steel long product manufacturer Icdas has cut its list prices for rebar further by TRY15/ton, due to depreciated Turkish lira and sluggish demand. After the adjustment, its sales prices for rebar with diameter ...
Tags: Reduces Rebar, Construction
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ArcelorMittal Has Initiated Its New Continuous Annealing Line in France
Sep 26, 2013The global steel giant ArcelorMittal said that it has initiated its new continuous annealing line at Saint-Chély d'Apcher site in France. It’s learned that the new continuous annealing line is designed to develop new high ...
Tags: steel, Construction
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The European Stainless Steel Producers Have Announced to Cut Alloy Surcharge for October
Sep 26, 2013It's reported that the European stainless steel producers have announced to cut alloy surcharge for October. Outokumpu's October alloy surcharges for 304 grades stainless steel products are at €1,045/ton, lower than €1,067/ton in ...
Tags: Alloy, Construction
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China's Exports of Stainless Steel Flats Totaled 250,595 Tons in August
Sep 26, 2013According to statistics, China's exports of stainless steel flat products totaled 250,595 tons in August, soaring by 39.4% from a month ago. In August, Taiwan was the largest importer of the Chinese stainless steel flat products with 62,594 ...
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China's Crude Stainless Steel Output Increased by 7.2% From a Month Ago
Sep 26, 2013According to statistics, China's crude stainless steel output totaled 1.57 million tons in July, increasing by 7.2% from a month ago. In July, the country's output of chromium-based stainless steel totaled 310,000 tons, rising by 10.8%; ...
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Volumes and Rates Grow Over The Coming Months
Sep 26, 2013The third-quarter Transport Capital Partners survey reveals more U.S. carriers are expecting to see volumes and rates grow over the coming months. In this quarter's survey, more carriers are expressing optimism for increases in volumes ...
Tags: Transportation, Auto Parts
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