In June this year, seasonally-adjusted industrial production increased by 0.7 percent in the euro area and by 0.9 percent in the EU-27, as compared with May, while production in May had decreased by 0.2 percent and 0.4 percent month on ...
Tags: Industrial Output
On August 12, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. (Lingyuan Steel) issued its financial results for the first half of the current year. Accordingly, in the first half of the year Lingyuan Steel achieved ...
Tags: Lingyuan Steel
Beijing-based Chinese integrated steel trading and logistics services provider Minmetals Development Co. (Minmetals Development) has announced that today, August 13 it plans to issue super short-term bonds worth a total value of RMB 2 ...
Tags: Minmetals Development
Changzhou Zhongtian Iron & Steel (Zenith Steel), a world leading private limited company engages in blast rolling mills has commissioned Simens to build continuous bloom caster for expansion. This project design for production of round ...
Tags: Zenith Steel, Siemens
It’s reported that China’s Hebei Steel has completed the project of buying PMC. Now it becomes the largest shareholder of South African miner Palabora Mining Co (PMC). It buys the 74.5% stake of PMC which was owned by Rio ...
Tags: Hebei Steel
According to data released by Brazil’s secretary of foreign trade Secex, Brazil’s exports of wire rods totaled 10,441 tons in July, slumping by 58% from a month ago. Among them, the shipments made to the US slumped by 59% ...
Tags: Wire Rod
It’s reported that India's Steel Authority of India Limited (SAIL) announced that it has commissioned the country’s largest blast furnace (BF) at its Rourkela steel plant. SAIL expected its pig iron capacity will increase ...
Tags: SAIL, Steel Authority
According to data released by Taiwan’s Ministry of Finance, Taiwan’s export values of iron and steel and articles made from iron and steel totaled US$1.45 billion, decreasing by 6.4% year on year but rising by 3.4% from a month ...
Tags: Steel Products, Mineral
It’s reported that Nucor announced to raise its plate prices by US$25/short ton, effective immediately. Meanwhile, SSAB North America Division (NAD) announced to raise its medium heavy plate prices by US$25/short ton last Friday. ...
Tags: Plate Prices
It’s reported that SSAB North American Division (NAD) announced to raise its prices of medium heavy plates by US$25/short ton, effective immediately. It’s known that the major steelmakers in North America including ...
Reportedly, Japan’s Nippon Steel & Sumitomo Metal Corp (NSSMC) announced to leave its H-beam prices flat for August. NSSMC said that it decided to keep its prices flat for August as the demand has remained stable after it hiked the ...
Tags: H-Beam Prices, Steel
On August 13, China's National Development and Reform Commission (NDRC) announced that in the first half of this year China's logistics sector recorded a 9.1 percent year-on-year rise in the total value of goods transported to RMB 93.1 ...
Tags: Logistics Sector
According to the data provided by the Turkish Statistical Institute (TUIK), in the first half of the current year Turkey's steel billet exports amounted to 1.2 million mt, falling 7.7 percent compared to the same period of 2012, with a ...
Tags: Billet Exports, steel billet
Indian state-owned steel producer Steel Authority of India Limited (SAIL) has announced its financial results for the first quarter ended June 30 of the financial year 2013-14. Accordingly, in the first quarter of FY 2012-13 SAIL's net ...
Tags: SAIL, steel producer
Germany-based steelmaker Salzgitter Group has announced that in the first half of the current year its performance was largely determined by the structural crisis in the European steel industry. Severe competition resulting from scarce ...
Tags: Steel Industry, steelmaker