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Market View
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SHFE Dropped to Its Lowest by 2.1% to RMB 3,496/Ton,a 9 Month Low on Monday
May 30, 2013Chinese steel rebar futures for October delivery at Shanghai Futures Exchange (SHFE) dropped to its lowest by 2.1% to RMB 3,496/ton, a 9 month low on Monday since September 7th last year as China, the world's biggest steel consumer's ...
Tags: SHFE, steel, Construction&Decoration
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The US's Preliminary Steel Imports Totaled 2.43 Million Tons in April,Rising by 4.3%
May 30, 2013According to statistics released by the US Census Bureau, the US’s preliminary steel imports totaled 2.43 million tons in April, rising by 4.3% from 2.33 million tons in March but falling by 14.8% in comparison of 2.85 million tons in ...
Tags: US, Steel, Construction&Decoration
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Japan's Exports of CR Steel Sheets and Coils in March Increases by 13.7% From February
May 30, 2013Japan’s exports of cold rolled (CR) steel sheets and coils totaled 311,640 tons in March, increasing by 13.7% from February and rising by 0.5% year on year, according to data released by Japan’s Ministry of Finance. In the ...
Tags: Japan, Cr Steel, Construction&Decoration
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Posco Has Commissioned Pos-TSPC in Eastern Thailand on May 28th
May 30, 2013It’s reported that the Korean steel giant Posco announced that it has commissioned Posco Thailand Steel Processing (Pos-TSPC), a new service center for stainless cold rolled products in eastern Thailand on May 28th. The new ...
Tags: Thailand, Posco, Stainless Coil
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The Taiwanese Stainless Steelmakers Are Going to Release June List Prices This Week
May 30, 2013Reportedly, the Taiwanese stainless steelmakers including Yieh United Steel Corp. (Yusco) and Tang Eng are going to release June list prices this week. It’s said that the stainless producers planned to remain June list prices ...
Tags: Taiwan, Stainless, Steelmakers, Prices
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Küat Racks Is Now Offering Two Thru-Axle Options for Its Dirtbag Bike Transport Product
May 30, 2013Küat Racks is now offering two thru-axle options for its Dirtbag bike transport product, which previously has been available only for standard quick release forks. The Dirtbag, made of steel with two bolt holes in its base, can be ...
Tags: Küat, Dirtbag Mount, Thru Axles, Transportation
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Sharemarket Was Flat in Mixed Trading with Resources Companies Down on The Back of Concern
May 29, 2013The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
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Asharemarket Broke a Five-Day Losing Streak as Japan's Sharemarket Stabilised
May 29, 2013The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
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JSW Steel Is Considering Acquiring Coal Mines in Africa, The US and Canada
May 29, 2013Indian steelmaker JSW Steel is considering acquiring coal mines in Africa, the US and Canada, according to India-based news agency Press Trust India (PTI). A JSW Steel official stated that the company needs to own mines to reduce costs, ...
Tags: Metallurgy, Mineral, Energy, Coal Mines
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Rivendell Bicycle Works Is Opening a Pop-up Location in San Francisco's Mission District
May 29, 2013Rivendell Bicycle Works is opening a pop-up location in San Francisco's Mission District for next week, June 1-9. The location is near Shotwell and three blocks from the 24th & Mission BART station. "There will be several Rivendell ...
Tags: Transportation
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Glaston's Expectations for Development of Glass Processing Market in 2013 Are Positive
May 29, 2013Glaston's expectations for the development of the glass processing market in 2013 are cautiously positive. Following the measures implemented during the beginning of 2013 the company stands on a stable foundation and Glaston can focus on ...
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Glass for Europe Releases Contribution to The Debate on a 2030 Energy and Climate Package
May 29, 2013Following the conclusions of yesterday's European Council on energy, Glass for Europe releases its contribution to the debate on a 2030 energy and climate package to highlight how such an instrument can be designed to foster growth ...
Tags: Construction, Decoration, glass
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The US's Imports of Standard Pipes in April,Increasing by 42.9% From a Month Ago
May 29, 2013According to data released by the US Department of Commerce (DOC), the US’s imports of standard pipes totaled 84,902 tons in April, increasing by 42.9% from a month ago. Among them, the imports from Russia surged by 78% to 8,367 ...
Tags: US, Pipes, Construction&Decoration
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The Taiwanese Steel Pipe Makers Will Adjust List Prices for June on May 31st
May 29, 2013The Taiwanese steel pipe makers will adjust list prices for June on May 31st. It’s predicted that the Taiwanese steel pipe makers might cut list prices by at least NT$600/ton for June in order to reflect input costs. Chung ...
Tags: Taiwan, Steel Pipe, Construction&Decoration
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Feng Hsin Remains Its List Prices for Rebar,Section Steel and Scraps Unchanged
May 29, 2013Feng Hsin, one of the major steel long product makers in Taiwan announced to remain its list prices for rebar, section steel and scraps unchanged for this week. After the announcement, its list prices for rebar are at NT$17,300/ton; ...
Tags: Taiwan, Construction&Decoration, Prices
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