Finland-based stainless steel producer Outokumpu has announced its financial results for the second quarter of 2013. Outokumpu's net loss widened to €250 million in the given quarter compared to a net loss of €152 million in the ...
On Tuesday afternoon, firefighters responded to a fire in a coal bunker at ArcelorMittal's coke battery operation at its Burns Harbor, Indiana steelmaking facility. According to news reports on the incident, ArcelorMittal's in-house fire ...
Tags: Fire Erupts, Harbor Plant
Turkish integrated steelmaker Erdemir has announced that production has been halted at its Iskenderun-based subsidiary Isdemir, subsequent to the implementation of a strike decision as of July 15 after talks between Isdemir and the Turkish ...
Tags: Steel Producer, Mineral
I. The Sales Prices of Newly Constructed Commercial Residential Buildings (excluding affordable housing) Comparing with the previous month, among 70 medium and large-sized cities, the sales prices of newly constructed commercial ...
Tags: Metallurgy, Mineral, Energy
According to data released by the Korea Iron and Steel Association (Kosa), Korea’s plate imports totaled 960,300 tons in the first half of this year, slumping by 46% year on year. Among them, the plate imports from China totaled ...
Tags: Plate Imports, Mineral
The nickel price in LME remained at US$6.1~US$6.2/lb. recently and Japanese stainless steel mills estimated that if the nickel price keeps stable, the price of stainless steel cold rolled sheet would probably rebound soon. The nickel ...
According to data released by Japan’s Ministry of Finance, Japan’s exports of stainless steel flat products totaled 60,891 tons in May, falling by 4.2% from a month ago and decreasing by 3.5% year on year. In the first five ...
Tags: Stainless Flat, Mineral
According to data released by the Korea Iron and Steel Association (Kosa), Korea’s imports of hot rolled coils (HRC) totaled 2.21 million tons in the first half of this year, decreasing by 17% year on year. In the given period of ...
Tags: HRC Exports, Mineral
It’s reported that Taiwan’s China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan released its price policy for September. CSC decided to remain list prices for all its products unchanged for September deliveries ...
Tags: Taiwan's CSC, Mineral
According to data released by Brazil Steel Institute (IABr), Brazil’s exports of steel products totaled 543,600 tons in June, slumping by 31.5% year on year. The export revenues generated by steel products totaled US$386 million ...
Tags: Steel Exports, Mineral
The Chinese steel giant Baosteel has commissioned Mitsubishi Heavy Industries who is a Japanese multinational engineering, electrical equipment and electronics company to build 2030 mm cold rolling mill for expansion after ordering 2250mm ...
Tags: CR Mill, Construction, steel
It’s reported that Korea’s rebar market has become sluggish as demand from the country’s construction sector has become weak due to heavy rainfall. At present, the selling prices of SD400 rebar with diameter of 10mm ...
Tags: Rebar Market, Mineral
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that in the first half of this year its subsidiary Tangshan Iron and Steel Co. sold 94,600 mt of gas shielded welding wire, increasing by 45,500 mt or nearly ...
Baker Hughes reported Friday that for the week ending July 19, the US rig count increased by 11 to 1,770, following a two-rig increase a week ago. The rig count was down 165 from 1,935 rigs during the same week a year ago. The oil rig count ...
Tags: Baker Hughes, Mineral
In the week from July 15 to July 21, the Turkish scrap index moved upwards on the Orbis Steel Index while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index continued ...
Tags: Turkish Scrap, Mineral