Industry Trends
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Industry Trends
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The Northern European Steelmakers Have Sought to Raise HRC Prices for Next Q1
Oct 24, 2013It's reported that the Northern European steelmakers have sought to raise hot rolled coil (HRC) prices to €460~€470/ton for the first quarter of 2014. In fact, the production lines of the German steelmakers and some manufacturers ...
Tags: steel, HRC, Construction
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OMK Is Planning to Buy a Spring Steel Mill
Oct 24, 2013Russian pipe maker United Metallurgical Co (OMK) is planning to buy a spring steel mill, Chusovoy Steel Works (ChMZ). OMK hopes to complete the acquisition before the end of the year. Russia's federal anti-monopoly service (FAS) has ...
Tags: pig iron, Metallurgy, Mineral, Energy, Steel
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REMZ Announced That It Will Shut Down Its Melt Shop for Maintenance Around Ten Days
Oct 24, 2013Russian steel mill, Rostov Steelworks (REMZ) announced that it will shut down its melt shop for maintenance around ten days in November. Traders said that it will have no allocation for export during the maintenance. The mill produces about ...
Tags: steel, Construction
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Nucor's Rebar Shipments Totaled 305,000 Tons in Q3,Falling by 11% Year on Year
Oct 24, 2013Reportedly, Nucor’s rebar shipments totaled 305,000 tons in the third quarter of this year, falling by 11% year on year, affected by sluggish demand from construction sectors and low-priced imports. In the second quarter of this year, ...
Tags: Rebar, steel, Construction
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PC Shipments Are Expected to Decline 8.4% in 2013
Oct 23, 2013According to the data from Gartner, the global PC shipments will continue to decline in 2013. Gartner notebook PC is defined as desktop computer, traditional concepts, and hybrid tablet such as portable PC, they predict such PC shipments ...
Tags: Computer Products, PC, tablet
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World Pig Iron Production Amounted to 880.34 Million Mt, Rising by 5.3 Percent
Oct 23, 2013In the first nine months of this year, world pig iron production amounted to 880.34 million mt, rising by 5.3 percent compared to the same period of 2012, according to the preliminary data covering 38 countries accounting for approximately ...
Tags: Pig Iron, Metallurgy, Mineral, Energy
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Global DRI Production in The 14 Countries Accounting for Approximately 82 Percent
Oct 23, 2013According to the preliminary data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 82 percent of total world DRI production in 2012 amounted ...
Tags: Metallurgy, Mineral, Energy, Steel
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Italian Crude Steel Output Decreased by 10.4 Percent Year on Year
Oct 23, 2013In September this year, Italian crude steel output decreased by 10.4 percent year on year to 2.130 million metric tons, according to the figures released by Italian steel producers' association Federacciai. September is the 18th month in a ...
Tags: Crude Steel, steel, Metallurgy, Mineral
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New House Prices in The Remaining Three Cities Remained Unchanged
Oct 23, 2013In September this year, of 70 major Chinese cities surveyed, 65 cities saw higher prices in the new house market, two cities witnessed lower prices, while new house prices in the remaining three cities remained unchanged, all compared to ...
Tags: House Prices, Construction, Service
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Pangang Group Announced That up to October 15 Its Vanadium Steel Plant Subsidiary
Oct 23, 2013On October 22, Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group) announced that in the current year up to October 15 its vanadium steel plant subsidiary, Pangang Vanadium Steel Co., produced ...
Tags: Metallurgy, Mineral, steel
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Turkey's Steel Scrap Import Volume Declined by 15.57 Percent Year on Year
Oct 23, 2013In August this year, Turkey's steel scrap import volume declined by 15.57 percent year on year to 1,468,550 metric tons, down 16 percent compared to the previous month, according to the data provided by the Turkish Statistical Institute ...
Tags: Metallurgy, Mineral, Scrap
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In The Third Quarter Turkey's Building Construction Cost Index Increased 2.3 Percent
Oct 23, 2013According to the statistics released by the Turkish Statistical Institute (TUIK), in the third quarter of the current year Turkey's building construction cost index increased 2.3 percent quarter on quarter and was up 6.4 percent compared to ...
Tags: Metallurgy, Mineral, Building Construction
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Ukraine's Ferroalloy Production Decreased by 22.4 Percent Compared to The Same Period
Oct 23, 2013In the January-September period this year, Ukraine's ferroalloy production decreased by 22.4 percent compared to the same period last year to 623,500 mt, according to the Association of Ukrainian Ferroalloy Producers (UkrFA). In the given ...
Tags: Metallurgy, Mineral, Ferroalloy
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Taigang Stainless Reported Its Third-Quarter Net Profits Dropped by 64.6%
Oct 23, 2013According to report, China's largest stainless steelmaker, Shanxi Taigang Stainless Steel, reported its third-quarter net profits dropped by 64.6% year-on-year to RMB 112.1 million. Its revenue rose 4.9% to RMB 28.6 billion in the third ...
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Reportedly,Rusal Company Plans to Cut Its Aluminum Output in 2014
Oct 23, 2013Reportedly, the world's largest aluminum producer, Rusal Company plans to cut its aluminum output in 2014. It's learned that Rusal will cut its output by 647,504 tons in 2014. In March, 2013, Rusal has planned to cut output by 300,000 tons ...
Tags: Aluminum, Metallurgy, Mineral
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