Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the fourth quarter and the full year 2012. In the fourth quarter of 2012, ArcelorMittal South Africa registered a net loss of ZAR ...
Tags: Arcelormittal, South Africa, Mineral
According to the data released by the Japan Iron and Steel Association, steel product orders, including specialty steels, booked by domestic steel consuming sectors in Japan in 2012 amounted to 88.5 million metric tons, increasing by one ...
Tags: Japan, Domestic Steel, Mineral
In January this year, the purchasing managers’ index (PMI) of China’s steel sector declined to 49.3 percent, down 6.2 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) ...
Tags: Chinese Steel Sector, PMI, Mineral
In 2012, the crude steel and finished steel outputs of Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Co., Ltd (JISCO) both exceeded 10 million mt, while the company's annual sales revenue reached RMB 101.5 billion ($16.4 ...
Tags: crude steel, steel outputs, steelmaker
US ferrous scrap exports decreased in 2012 to an estimated 23 million tons, down 5.35 percent from 24.3 million tons during 2011, with the main destinations including Turkey, South Korea, Taiwan, Canada and China, in descending order of ...
Tags: scrap exports, scrap, scrap value
According to statistics, Korea’s production of steel products totaled 72.91 million tons in 2012, up by 0.9% year on year. In 2012, the country’s crude steel production increased slightly by 1.3% year on year to 69.4 ...
Tags: Korea, steel products, crude steel
An official from a large Chinese steel scrap processing enterprise has stated that they have received information that the Chinese government will reintroduce a VAT refund policy for domestic steel scrap processing enterprises for 2013, ...
Tags: China, Reintroduce Vat Refunds, steel scrap processing enterprise
It's reported that Brazilian steelmakers' intention to hike domestic steel prices is being considered possible but is anticipated difficult and questionable. According to UK bank HSBC analyst Mr. Jonathan Brandit that there ...
Tags: Brazil, steel, steel prices
According to Colombia’s steel institution ANDI, the domestic steel production was down by 0.33% in 2012 compared to 2011, reached 1.63 million tons. On the other hand, the imported steel product was up by 6.6 % between January ...
Recently, Shanghai Hitachi gives its only 2012 Most Valuable Supplier Award to Baosteel. This is its affirmation of Baosteel for its active practice of customer-centric business philosophy, exploration in supply chain full range ...
Tags: Baosteel, 2012, Most Valuable Supplier Award
In 2012, Brazil's crude steel output fell 1.5 percent compared to 2011 to 34.7 million metric tons, according to the Brazil Steel Institute (IABr). In 2011, Brazilian crude steel output had increased by 6.8 percent on year-on-year basis. ...
China’s steel demand in 2013 is expected to increase by 3.1 percent year on year, with this growth rate up 0.6 percentage points compared to 2012, according to a report released by the China Iron and Steel Association (CISA) on ...
Tags: steel, steel demand, raw material
According to a statement from Malaysia's Ministry of International Trade and Industry (MITI), the government is determined to work with the domestic iron and steel industry to make it more competitive. Accordingly, Malaysia's import duty ...
Tags: steel, 18 steel grades, steel industry
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has warned that reducing India's 30 percent export duty on iron ore will harm the domestic steel industry which is currently experiencing a structural deficit of iron ore ...
Tags: ASSOCHAM, iron ore, India, metal industry
According to study report of CARE Research, India’s steel demand could have annual growth by 6.7 % until financial year 2016-17, which is faster than the expected growth in Chinese during the same period. In line with domestic ...
Tags: India, steel demand, steel industry