It’s reported that Posco has announced to increase the prices for cold rolled coils (CRC) for China by US$10~US$20/ton during January-February for 2013. Currently, the Chinese steel market is expected to pick up and it has been ...
Tags: Posco, cold rolled coils, metal industry
Reportedly, Belgian Oxybel, the Belgian coil and plate processor and distributor 100% owned by ArcelorMittal, has announced to shutdown at its site in l'Ile Monsin, near Liège because the lack of demand and weak market conditions at ...
Tags: Belgian Oxybel, coil, plate
United Metallurgical Company (OMK), a leading steel pipe producer in Russia said that its foundry-rolling complex’s production of hot rolled (HR) steel flat products totaled 1.1 million tons in 2012, up by 4% year on year, including ...
It was assessed by SunSirs that in the tracked 100 spot commodities,21 commodities increased in prices, 23 fell and 55 remained unchanged on 16/01/2013.The largest rises were Metal Silicon (1.42%),Silver (1.33%),Propylene oxide ...
Tags: China, spot commodities, Chloroform, Iron ore
The Jamaican government has announced the discovery of an abundance of rare earth minerals in its soil by a team of Japanese scientists. AP reports that Philip Paulwell, Minister of Science, Technology, Energy & Mining, has informed ...
Tags: Rare Earth Minerals, Metallurgy, Mineral
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India remained stable to higher on Wednesday, following a positive trend seen this week due to higher fixture activity, sources said. ...
Tags: Panama, coal freight rates, South Africa, India
It is reported major Asian mills are expanding steel production in large extent across Asia in 2013 which might result in severe oversupply in the face of increased raw material cost and weak market prices. It is said that in Southeast ...
Tags: Asian Steel Mills, Steel
The Brazilian steelmakers predicted that the input costs would decrease in 2013 and the fierce price competition against the imports of steel products may be released, helping the Brazilian steel enterprises to decrease loss made in 2012. ...
Tags: Brazil, steelmakers, input costs, 2013
In 2012, Ukrainian companies produced 1.765 million mt of steel pipes, down 11.3 percent year on year, according to the figures issued by Ukraine's Cabinet of Ministers. In December alone, Ukraine's steel pipe production decreased by 33.9 ...
Tags: Ukrainian, Steel Pipe, Output, 2012
In the January-November period last year, Ukrainian exports of semi-finished steel products decreased by 3.8 percent year on year to 9.351 million mt, according to the data issued by Ukraine's Cabinet of Ministers. Meanwhile, exports of ...
According to the State Statistics Committee of Russia (Russtat), in the January-November period of last year Russia's exports of iron ore decreased by 4.2 percent year on year to 23.129 million mt, worth a total of $2.3 billion, down 18.8 ...
According to the Ukrainian association of metal producers Metallurgprom, in February of the current year Ukrainian companies will produce 2.65 million mt of crude steel. According to Metallurgprom's forecast, pig iron output in Ukraine will ...
Tags: Ukrainian, Crude Steel, Output, February
The Specialty Steel Industry of North America (SSINA) Tuesday released statistical data on imports, US consumption, and import penetration for year-to-date October 2012. The data represents US consumption, imports, and import penetration ...
Tags: SSINA, US, major gains
Turkey's Steel Exporters' Association (CIB) organized a visit to Egypt on January 12-14 led by Turkey's deputy economy minister Mustafa Sever and including the participation of CIB chairman Namk Ekinci, steel company executives and economy ...
According to the data released by France's National Institute of Statistics and Economic Studies (INSEE), in December last year the prices of imported iron ore in France increased 7.1 percent month on month, following the 5.6 percent ...