The NASDAQ OMX Group, Inc. and World Steel Exchange Marketing, LCC (WSEM) founded by World Steel Dynamics (WSD) in 2009, announced Monday a new partnership to develop financially settled steel and steel scrap futures products to be traded ...
Tags: Steel Futures Platform, Mineral
Guangzhou Province-based Chinese pipe producer Panyu Chu Kong Steel Pipe Co. has announced that, for the purpose of increasing working capital and repaying debts, it will issue short-term bonds worth RMB 200 million ($32 million) on May 9. ...
Tags: Steel Pipe, Mineral
South Africa-based Richards Bay Coal Terminal (RBCT), one of the world's largest coal handling ports, has announced that it, down 16.8 percent from 7.5 million mt in March and up 20.6 percent year on year. Coal exports from the terminal ...
Tags: Mineral, coal handling ports
In April this year, Chinese steel producer Tangshan Iron and Steel Co. received orders for over 20,000 mt of welding wire, double the volume of orders in the same month of 2012, as announced by Tangshan Steel's parent company Hebei Iron and ...
Tags: Steel's Welding Wire, Mineral
In April this year, Turkey's total steel product exports amounted to 1.66 million metric tons, falling 17 percent month on month and up 1.1 percent compared to the same month of the previous year, with a total revenue of $1.25 billion, ...
Tags: Steel Exports, Mineral
The American Iron and Steel Institute (AISI) reported Monday that US raw steel production rose 1 percent in the week ending May 4, following a 0.4 percent increase in the previous week. Total raw steel production in the United States was ...
On May 7, the China Iron and Steel Association (CISA) announced that in mid-April (Apr. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6891 million mt, down 0.5 ...
Tags: Crude Steel Output, Mineral
In the week ended May 6, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 3 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of one percent ...
Tags: Coal Exports, Newcastle Port
A slower decrease was seen in German construction activity in April this year. Markit's Germany Construction Purchasing Managers Index (PMI) climbed to 48.8 points in April, up from a 13-month low of 41.9 in March. Germany's construction ...
According to the Economic and Steel Market Outlook 2013-2014/Q2 2013 Report from the Economic Committee of the European Steel Association (EUROFER), the total steel tube output in the European Union is estimated to have decreased by one ...
Tags: Steel Tube, Mineral
Real steel consumption in the European Union is forecast to decline by over three percent in 2013, according to the Economic and Steel Market Outlook 2013-2014/Q2 2013 Report from the Economic Committee of the European Steel Association ...
Tags: EUROFER, Real Steel Consumption
Australian miner Fortescue Metals Group has announced that its Firetail iron ore mine, the first stage of the US$3.2 billion Solomon hub, has been officially opened, strengthening the company's position "as one of the world's leading ...
Tags: Fortescue, Iron Ore Mine
According to the statistics released by the French Ministry of Economy, Finance and Industry, in the first quarter of this year France's basic steel product and ferroalloy exports amounted to a value of €2.4 billion, decreasing by 11.8 ...
Tags: Steel Product, Mineral
India's Steel Ministry has pointed out that the raw material needs of the two major domestic state-owned steelmakers Steel Authority of India (SAIL) and Rashtriya Ispat Nigam (RINL) will increase by up to 39 percent within three years as ...
Tags: Steelmaker, Raw Material
As of May 7, inventory of iron ore at 25 major Chinese ports amounted to 70.53 million mt, indicating a decrease of 290,000 mt or 0.4 percent on week-on-week basis, as announced by China's Xinhua News Agency. As of May 7, the Xinhua-China ...
Tags: Iron Ore Inventory, Mineral