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Cleveland Announced Friday Financial Results for The Q1 Ended March 31, 2013

May 6, 2013

Cleveland, Ohio-based Olympic Steel, Inc., a national metals service center, announced Friday financial results for the Q1 ended March 31, 2013. Q1 net sales of $338.1 million were down 11.5 percent versus the record $382.1 million ...

Tags: Earnings Slip, Olympic Steel

in 2012 The Value of Incoming Orders Was Down 10 Percent

May 6, 2013

According to a report released by the German Machine Tool Builders' Association (VDW), in 2012 the value of incoming orders received by German machine tool industry manufacturers was down 10 percent, exceeding €15 billion, compared to ...

Tags: Machine Tool, Mineral

Italy's New Car Registrations Amounted to 116,209 Units in April

May 6, 2013

Italy's new car registrations amounted to 116,209 units in April, down 10.8 percent year on year, according to the Italian automotive industry association Anfia. In April, new car registrations in the Italian market declined on year-on-year ...

Tags: Car Registrations, Mineral

Japan's Stainless Flat Steel Exports Totaled 72,570 Metric Tons in March This Year

May 6, 2013

According to the customs statistics released by Japan's Ministry of Finance, Japan's stainless flat steel exports totaled 72,570 metric tons in March this year, rising by 27.3 percent month on month and down 16.1 percent compared to the ...

Tags: Stainless Flat Steel, Mineral

Rizhao Iron and Steel Group Won a Tender to Supply Flange Beam for Yuwan Railway

May 6, 2013

Shandong Province-based Chinese steel producer Rizhao Iron and Steel Group has announced that in April it won a tender to supply flange beam for the Chongqing-Wanzhou Railway (Yuwan Railway), a part of Zhengzhou-Chongqing Railway. The ...

Tags: Rizhao Steel, Yuwan Railway

SSWL Registered Net Sales of Inr 839 Million in April

May 6, 2013

The Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that it registered net sales of INR 839 million ($15.5 million) in April, down 11.4 percent compared to the corresponding month of 2012. In terms of units sold, in ...

Tags: Steel Wheel Rim, Mineral

Freight Flows on All Modes of Transportation Decreased 2.3 Percent in February 2013

May 6, 2013

Freight flows on all modes of transportation between the US and its NAFTA partners decreased 2.3 percent in February 2013 from January 2013, measured in current dollars, according to a report from the Bureau of Transportation Statistics ...

Tags: Mineral, Freight flows

MMK Metalurji Reported No Crude Steel Output in The First Quarter of This Year

May 6, 2013

Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji reported no crude steel output in the first quarter of this year, due to smelting capacities being idled in November ...

Tags: Crude Steel Output, Mineral

PPI for Turkish Industry in General Fell by 0.5 Percent From March

May 6, 2013

According to the statistics released by the Turkish Statistical Institute (TUIK), in April this year the producer price index (PPI) for Turkish industry in general fell by 0.5 percent from March and was up 1.7 percent year on year, while an ...

Tags: Mineral, Metal Producers

DOC Announced The Initiation of Administrative Reviews of AD and CVD Orders

May 6, 2013

The US Department of Commerce (DOC) announced Wednesday the initiation of administrative reviews of antidumping (AD) and countervailing duty (CVD) orders with a March anniversary date. The DOC initiated the following administrative ...

Tags: Stainless Bar, Pipes

AISI Reports Steel Import Permit Applications for The Month of April Total 2,576,00 Nt

May 6, 2013

Based on the US Department of Commerce's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of April total ...

Tags: Finished Steel, Mineral

AHMSA Reported Thursday an Ebitda of 558 Million Pesos at The End of Q1 2013

May 6, 2013

Altos Hornos de Mexico and subsidiaries (AHMSA) reported Thursday an EBITDA of 558 million pesos (US$46 million) at the end of Q1 2013. During the period, AHMSA sold 860,266 tons of steel products, with revenues of 9.003 billion pesos ...

Tags: Altos Hornos, Mineral

ACBPS Terminated The Antidumping Investigation Regarding Aluminum Zinc

May 6, 2013

The Australian Customs and Border Protection Service (ACBPS) has announced that it has terminated the antidumping investigation regarding aluminum zinc coated steel imports from Taiwan. The ACBPS has found that there has been no dumping ...

Tags: AD Investigation, Aluminum Coated Steel

General Motors Co. Sold 237,646 Vehicles in The US in April

May 6, 2013

General Motors Co. said Monday that it sold 237,646 vehicles in the US in April, up 11 percent from a year ago and the best April in five years for the automaker. Retail sales rose 10 percent and fleet sales were up 16 percent. Sales of ...

Tags: Automotive Sales, General Motors

BC Iron Plans to Acquire 80 Percent of Three Iron Ore Exploration Projects

May 6, 2013

Australia-based miner BC Iron has announced that, together with its strategic partner Australia's Cleveland Mining Company Ltd, it has signed a memorandum of understanding to earn the right to acquire 80 percent of three iron ore ...

Tags: BC Iron, Cleveland Alliance

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