The Associated General Contractors of America (AGC) said Monday that significantly more construction firms are planning to add new staff than plan to cut staff while demand for many types of private sector construction projects should ...
Tags: construction firm, construction projects, US
The American Iron and Steel Institute (AISI) reported Monday that US raw steel production rose 3.6 percent in the week ending January 12, following a 3.9 percent drop the previous week. Total raw steel production in the United States ...
Tags: US, raw steel, exports, steel market
According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the January-November period of 2012 Ukraine's scrap exports decreased by 50.3 percent year on year to 366,500 mt. In November ...
Tags: metal trading, Ukrainian Mining, Metallurgical Company, scrap exports
Platinum prices have surged, rising above gold for the first time in 10 months after the largest producer of the metal said it would halt operations at several mines in South Africa. The move, part of an effort to return to profit amid ...
Tags: PLATINUM prices, US, metal industry
Reportedly Venezuela’s state run steelmaker Sidor aims to boost liquid steel production at 4.45 million tons in 2013. Sidor’s CEO rafael GIL Barrios also said that achievement of this goal will result in the consolidation of ...
Tags: Venezuela, steel, liquid steel production
Last week, the wire rod prices rose in the Taiwanese domestic market, driven by rising raw material prices. At present, the transaction prices of single rolling mills’ Al-killed wire rods are at NT$22,000/ton; those of rimmed wire ...
According to data released by UK-based CRU, the global crude stainless steel production totaled around 34.20 million tons in 2012, up by 2.5% year on year. Among them, 7.418 million tons were from Western Europe, down by 1.6%; 2.45 ...
China Steel Corp. (CSC), the largest carbon steel producer in Taiwan is going to announce new price for its March wire rod on January 13rd. Market participants expected that CSC would hike its list prices. However, it is difficult to ...
The Northwest European naphtha discount to Eurobob gasoline has hit its widest in three months, due to weak naphtha demand for petrochemical use, traders said. At Friday's European close, CIF NWE naphtha cargoes were assessed at ...
Tags: naphtha, Eurobob gasoline, petrochemical use
Azzaman reports that more than 2.5 million tourists visited Iraq in 2012, most of them on pilgrimage to the country’s holy shrines. Data issued by the Ministry of Antiquities and Tourism show that Iraq has become a top destination ...
Reportedly, Korea’s SeAH Steel Vina Corp (SSVC), the biggest ERW pipe maker in Korean has planned to add new pipe mill in the Bien Hoa industrial zone in Dong Nai province, southern Vietnam. The company expects to focus on of API ...
Reportedly, Mr LN Mittal, CEO of ArcelorMittal that global steel demand will grow 2%-3% this year mainly because of expanding U.S and emerging markets, added that European consumption would be nearly flat with forecast growth is between ...
Tags: ArcelorMittal, global steel, 2013
Chinese state-owned shipbuilding conglomerate China State Shipbuilding Corporation (CSSC) has announced that its net profit is expected to decrease by 95-100 percent year on year in 2012, due to declining volumes of ships under ...
Tags: China, CSSC, Net Profit, 2012
As of January 11, total iron ore inventory at 30 major Chinese ports amounted to 74.5 million mt, down 240,000 mt week on week, according to China’s National Bureau of Statistics. Meanwhile, the total iron ore inventory on the given ...
Tags: iron ore inventory, Chinese ports, January
According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, business slowed down due to the holiday period in many long steel markets worldwide, but the balance of supply and ...
Tags: IREPAS, long steel products, steel markets