In April this year, China exported 339,407 mt of stainless flat steel products, up 38.67 percent over 244,780 mt in March, and up 72.39 percent compared to the same period last year, according to the latest data from the Chinese customs ...
Tags: Stainless Steel, Flat Steel
Cleveland, Ohio-based Cliffs Natural Resources Inc. has announced that it is further reducing its expected 2014 capital spending range by approximately 25 percent, or $100 million, to $275-325 million. Cliffs indicated that the lower ...
Tags: Iron Ore, Natural Resources
According to a report released by the German Federal Statistical Office (Destatis), in April of the current year the import price of iron ore in Germany decreased by 20.4 percent year on year and was down 7.5 percent month on month. In ...
Tags: Iron Ore, import price
Major Indian steelmaker JSW Steel (JSW) has announced its financial and operational results for the fourth quarter ended March 31 of the financial year 2013-14, posting a net profit of INR 4.62 billion ($78.4 million), up 40.8 percent year ...
Tags: JSW Steel, steelmaker
Brazil-based iron and steel maker Gerdau said Tuesday its proposed logistics and mining investments will enable the company to more than double iron ore production within the next six years, to 24 million mt/yr, from the current 11.5 ...
Tags: Iron Ore, steel maker
German plantmaker SMS Siemag has announced that it will revamp one of the converters at the Salzgitter steelworks of German-based steel producer Salzgitter Flachstahl GmbH. Through the modernization works, the specific volume of converter ...
Tags: steel, SMS Siemag
According to a report released by the UK's Office for National Statistics (ONS), in April of the current year the producer price index (PPI) for the UK manufacturing industry remained unchanged compared to March, following the 0.2 percent ...
Tags: Basic Metal, basic iron
As of May 26, inventory of iron ore at 33 major Chinese ports amounted to 114.82 million mt, up 1.95 million mt or 1.73 percent compared to the inventory level recorded on May 19, as announced by China's Xinhua News Agency. As of the same ...
Tags: Iron Ore, Chinese Ports
Russian steelmaker Severstal has announced that it has launched trial deliveries of rolled steel for the manufacturing of several Nissan car models in Russia. Severstal has also signed a further contract to supply rolled steel to the ...
Tags: Nissan, steelmaker
Chinese aluminum stocks at Shanghai Futures Exchange warehouses fell for the second consecutive week, slipping below 400,000 mt. Aluminum inventories slipped to 398,854 mt Friday, down 1.8% week on week, the latest weekly data from the ...
Tags: Aluminum, aluminum stocks
Alacero, the Latin American steel association, has reported that in the first quarter of this year apparent finished steel use in Latin America and the Caribbean totaled 16.4 million mt, up one percent year on year. The highest increases ...
Tags: Finished Steel, steel consumption
In the week from May 19 to May 25, on the Orbis Steel Index the Turkish scrap index moved down slightly, while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index ...
Tags: Turkish Scrap, Steel
Sentiment in India following the general elections appears bullish, boding well for the Indonesian thermal coal market, but there is no near-term catalyst being seen to drive Chinese demand up, sources said Friday. "It would still require ...
Tags: Thermal Coal, Mineral
Global demand for imported thermal coal is expected to continue to grow but at a slower rate of 2% per year until 2018, as China faces an oversupply of domestic coal and shifts to a more diverse mix of renewable energy sources to address ...
Tags: Thermal Coal, coal production
The U.S. Environmental Protection Agency (EPA) Region 4 has reached an agreement with Nally and Hamilton Enterprises, Inc. (Nally), for filling streams at two coal mining sites in Kentucky in violation of the Clean Water Act (CWA). Under ...
Tags: Mining Company, EPA, certification