Shougang, one of the major steel producers in China planned to remain its crude steel output unchanged at 33 million tons in 2014 due to uncertainties on steel prices. Last year, Shougang’s crude steel output was at 33 million tons ...
Tags: steel, metallurgy
It is reported that Japan's Trade Ministry said the 2014 season Japan finished steel demand is expected to 0.6% up slightly. If this prediction were able to accomplish, it means that Japan’s steel demand would drop slightly by 0.1% ...
Tags: steel, metallurgy
c, a reputable leading North American welded steel pipe manufacturer has expanded its business by acquiring Permalok Corp who engages in pre-installed precision joint connection system for tubular steel construction. This joint venture ...
Tags: steel, metallurgy
It’s reported that the steel giant Tata Steel has recently planned to initiate new market exploration by entering Indonesia region with downstream products for expansion within year of 2014~2015. Tata Steel has already utilized on ...
Tags: steel, metallurgy
According to statistics, Indonesia’s import values generated by steel products totaled US$603.5 million in November, decreasing by 13.64% from a month ago. Besides, the country’s import values of articles of steel totaled ...
Tags: metallurgy, steel
According to the data from China Customs data, China’s seamless pipe export volumes increased by 8% from previous month to 247,542 tons. However, the increasing rate is not enough for the rate of increased production. The amount is ...
Tags: seamless pipe, metallurgy
In connection with Woodside's sale of equity in the Browse LNG Development to Japan Australia LNG (MIMI Browse) Pty Ltd (MIMI) and advised to the ASX on 1 May 2012: • Woodside and MIMI entered into an agreement (JMA) to jointly ...
It’s reported that the Taiwanese steel pipe makers announced to raise prices by NT$300~NT$500/ton for January in order to reflect higher input costs. Chung Hung Steel, the major upstream raw material supplier to the Taiwanese steel ...
Tags: steel, metallurgy, Taiwan
According to data released by the Turkish Statistical Institute (TUIK), the country’s exports of hot rolled coils (HRC) totaled 113,492 tons in November, jumping by 72% from 65,803 tons in October while remaining almost unchanged in ...
Tags: HRC, metallurgy
NYMEX February crude settled $1.48 lower at $93.96/barrel Friday, as a large draw in stockpiles was overshadowed by a sharp drop off in product demand and rising distillate stocks. ICE February Brent settled 89 cents lower at $106.89/b. ...
Tags: stockpiles, crude, Mineral
Iron ore prices could continue to trade above $130/dry mt CFR North China in the first quarter of 2014, after higher-than-expected steel production in China supported them last year, Macquarie analysts said Thursday. "We believe Q1 2014 ...
Tags: Iron Ore
China's oil demand in November fell 2.1 percent year-on-year to an average 9.9 million barrels a day, according to a report by Platts that was based on China's latest government data. It is the second time that China's oil demand declined ...
Tags: Oil Demand, Energy
It is reported that Korea iron and steel enterprises planned to expand capacity and growth in end-user industries such as the automobile industry and raw materials demand in 2014.Therefore, the country expected both domestic demand and ...
Tags: steel, metallurgy
The Competition Commission of India (CCI) has announced that it has approved the proposed merger between Indian steelmakers Uttam Galva Steels Limited (UGSL) and Shree Uttam Steel and Power Limited (SUSPL). The CCI stated that the ...
Tags: steel, metallurgy
According to a report from Alacero, finished steel imports from China to Latin America reached 4.7 million tons between January-November 2013, growing 17 percent versus same period of 2012. Latin America represented 10 percent of the global ...
Tags: steel, metallurgy