In the week from July 29 to August 4, scrap indexes continued to move upward on the Orbis Steel Index. In the given week, the Turkish rebar index maintained its upward movement. Meanwhile, the Turkish flat rolled product indexes also ...
Tags: Scrap, Orbis Steel Index
The Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that it registered net sales of INR 850.2 million ($14 million) in July, increasing by 10.8 percent compared to the corresponding month of 2012. In terms of units ...
Tags: Steel Wheel Rim
Zhang Changfu, vice chairman of the China Iron and Steel Asociation (CISA), has recommended the cancellation of the exemption from three percent import tax for wear-resistant steel as well as the cancellation of the exemption from 17 ...
On August 2, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO) announced that the first phase of the Bong mine iron ore project in Liberia was successfully commissioned on July 30. WISCO owns a 60 percent ...
Tags: Iron Ore
In July this year, new passenger car registrations in the German market grew by two percent year on year to 253,150 units, marking just the second year-on-year rise this year following the growth recorded in April, and were down 10.5 ...
Tags: Car Market, Mineral
In the first half of the current year, China's total crude steel output was 390 million mt, up 7.4 percent year on year, according to a report on overall Chinese industry in the given period released by China's Ministry of Industry and ...
Tags: Crude Steel Output, Mineral
Italy-based auto parts manufacturer C.L.N. Coils Lamiere Nastri S.p.A. (CLN) has announced that it has closed its equity investment agreement with Japanese steelmaker Marubeni-Itochu Steel Inc. (MISI) according to which MISI now owns a ...
Tags: Auto Parts, Mineral
Egypt s state gas company EGAS is to reduce on the amount of gas factories receive to keep electricity plants running instead during the peak summer months, Reuters has reported. The company said it would divert around three million cubic ...
Tags: Gas, Metallurgy, Mineral, Energy
Reportedly, global steel giant ArcelorMittal cuts its 2013 core profit guidance this Thursday on weaker demand and lower raw material prices. According to ArcelorMittal that the group's earnings before interest, tax, depreciation and ...
Tags: ArcelorMittal, Mineral
The Chinese steelmaker Shagang announced to raise its domestic prices for hot rolled coil (HRC) by RMB170/ton for August. After the adjustment, its list prices for Q235 HRC with thickness of 5.5mm are at RMB3, 700/ton with 17% VAT. ...
Tags: steelmaker, Chinese Shagang
According to data released by the Mexican steel chamber (Canacero), Mexico’s steel exports totaled 2.42 million tons in the first five months of this year, rising by 13% year on year. Besides, the country’s steel imports ...
Tags: Steel Exports, Mineral
Taigang Stainless, the largest stainless producer in China announced to remain its domestic prices for austenitic and ferritic hot rolled and cold rolled coils unchanged for August. After announcement, its ex-work prices for 304 grade hot ...
Tags: Taigang Stainless, Stainless Coil
It’s reported that Yieh Hsing, one of the major wire rod producers in Taiwan announced to raise its list prices for wire rods by NT$300/ton averagely for August. Yieh Hsing stated that it decided to raise wire rod prices for ...
Tags: Yieh Hsing, Wire Rod
Reportedly, Indian steelmaker JSW Steel planned to develop new steel plant for producing non grain oriented grade electrical steel at Vijayanagar steel complex in Bellary for 2015. The new plant will design an annual production capacity ...
Jazeera Steel, one of the leading steel tube & structural products manufacturers in the Middle East based on Oman will build up its production capacity of steel rebar to 70,000 tons by middle of 2014 at his Sohar plant in Oman. The ...
Tags: Jazeera Steel, Mineral