It’s reported that Argentina’s Ternium Siderar reported a net profit of US$84.8 million for the second quarter of this year, jumping by 64% in comparison of US$51.8 million in the first quarter of this year. Meanwhile, the ...
Tags: Ternium Siderar, Mineral
It’s reported that Japan’s Kobe Steel released its financial result for the first quarter ended on June 30th of fiscal year 2013/14. Kobe Steel posted a net profit of ¥18.72 billion for the given period of time, in ...
Tags: Kobe Steel, Mineral
Tycoons Group, one of the major wire and fastener manufacturers in both Taiwan and Thailand market, said it will increase investment value by about NT$870 million on its Thailand's electric furnace project in order to supply for Thailand ...
Tags: Tycoons Group, Electric Furnace
Wuhan Iron and Steel(Wisco), a large reputable Chinese state owned iron and steel complex has planned to initiate cold rolled production mill at its Fangchenggang iron and steel base site in Guangxi Province for expansion. This project is ...
Tags: CR Facilities, Wisco
According to statistics, the EU’s steel pipe output decreased by 6% year on year in the first quarter of this year, caused by soft demand from downstream buyers and sluggish steel pipe market. It’s learned that the market ...
Tags: Steel Pipe, Mineral
China Steel Corp. (CSC), the largest steelmaker in Taiwan announced that it has initiated commercial production of hot-dipped galvanized coils at its Vietnamese cold rolling and coil-coating project on July 25th. It’s known that ...
Tags: Commercial Production, HDG Project
According to Japan Stainless Coil Center, the stocks of austenitic stainless cold rolled coils (CRC) owned by Japanese distributors and processors totaled 56,313 tons at end of June, decreasing by 2.8% from May. At the same time, the ...
Tags: Stainless CRC, Mineral
According to National Statistical Committee of the Republic of Belarus, Belarus’s finished steel output declined by 2.4% year on year to 1.27miliion tons in the first half of this year. Among them, steel production totaled 1.42 ...
Tags: Finished Steel, Mineral
Korean steelmaker Hyundai Steel’s production of steel flat products totaled 4.08 million tons in the second quarter of this year, soaring by 21% from a quarter ago, boosted by increased hot strip capacity and higher demand. Among ...
Tags: Hyundai Steel, Steel Flats
Brazilian steelmaker Usiminas said it may not raise the steel price again in the short term after it lifted up prices twice this year. The company will adjust the price by following the change in the international market. The company ...
Tags: Usiminas, Flats Prices
Korean steelmaker Dongbu Steel’s sales of cold rolled (CR) steel products totaled 192,000 tons in June, falling by 3.6% from a month ago but rising by 2.9% year on year. Among them, 105,200 tons were made to domestic market, ...
Tags: Dongbu Steel, Mineral
It’s reported that Indian steel giant Tata Steel is interested in iron ore assets of one UK’s largest steel trading company, Stemcor. The company asks for banks’ rescue of more than US$1 billion loans as it was ...
Tags: Tata steel, Iron Ore
With the rebound of steel and raw material price plus efforts to stabilize the price by Northern and Southern Europe, the rebar price began to increase in central Europe. Currently, Polish mills offer €481/ton for rebar while the ...
Tags: Rebar Price, Mineral
It’s reported that the Japanese steelmakers have hiked the prices for steel long products recently, supported by stable demand from construction industry and higher steel and raw material prices. Nippon Steel & Sumitomo Metal ...
It’s reported that Brazil’s steelmaker Usinas Siderurgicas de Minas Gerais SA (Usiminas) posted a net loss of BRL22 million for the second quarter of this year, improving from a net loss of BRL6.5 million in the same period of ...