It’s reported that Baosteel Stainless, the second largest stainless producer in China announced to cut its domestic prices for stainless steel coils by RMB200~RMB1,000/ton for May deliveries due to lower nickel prices. The company ...
Tags: Baosteel, Baosteel Stainless
Japanese Nisshin Steel announced to raise its domestic prices for austenitic cold rolled coils (CRC) and tubes by ¥20,000/ton and increase its domestic prices for ferritic CRC and tubes by ¥10,000/ton from June deliveries. A ...
Tags: Steel
According to data released by the Japan Iron and Steel Federation (JISF), Japan’s output of galvanized steel sheets totaled 926,177 tons in February, decreasing by 6.8% from a month ago and falling by 4.1% year on year. In February, ...
China's imports of thermal coal could contract in 2013 as demand growth in the seaborne market is expected to moderate to 2% over the next four years, Goldman Sachs warned in a research note on Friday. "We believe 2013 will represent a ...
Tags: Thermal Coal, Chemicals
It’s reported that the Malaysian steel mills announced to cut rebar domestic prices by around US$20/ton due to lower scrap prices, weak demand and decreased import prices of steel products. According to local sources, the prices of ...
Tags: Steel Mills, Rebar Prices
It’s reported that the Chinese steelmaker Baosteel’s crude stainless steel output was at around 100,000 tons in this March, lower than the average monthly output of 115,000~120,000 tons in 2012, due to weak demand. The ...
Tags: Chinese Baosteel, Stainless Output
According to data released by the Japan Iron and Steel Federation (JISF), Japan's shipments of cold rolled (CR) sheets and strips totaled 533,735 tons in February, rising by 5.8% from a month ago while falling by 3.3% year on year. Among ...
Tags: CR Sheets, steel strip, Metallurgy
Some miners in Indonesia's East Kalimantan region have been deferring loadings of thermal coal cargoes by seven to 10 days amid rains, sources said Friday. Several vessels are being diverted to East Kalimantan from South Kalimantan, which ...
Tags: Asia Thermal Coal, Miners, Chemicals
Chung Hung Steel, one of the major re-rollers in Taiwan announced to cut its export prices for hot rolled coils (HRC) by US$10~US$15/ton for May deliveries. At the same time, the company announced to keep the CRC prices unchanged for May ...
Tags: Chung Hung Steel, HRC Export Prices, Mineral
The monthly average price for Asian butadiene plunged 13% to $1,738/mt FOB Korea in March against $2,007.50/mt in February over a lack of Chinese demand and oversupply, Platts data showed. The last time the monthly average was higher was ...
Tags: Butadiene, Average Price, Chemicals
It’s reported that Korean Posco Specialty Steel (Posco SS) announced to cut its domestic prices for its austenitic stainless wire rod and bar by KRW 200,000/ton and KRW100,000/ton respectively for April. According to statistics ...
Tags: Posco, Stainless Rod, Bar Prices
It's reported that Nippon Steel & Sumikin Stainless (NSSC) announced to raise its domestic prices for stainless steel rods for March-May contracts in order to reflect higher alloy costs and stronger Japanese Yen. The company will increase ...
Tags: Steel, steel rods, Metallurgy, Mineral, Energy
At the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting held on March 3-5 in Doha, Gianpiero Repole, commercial director of Liberty Group assessed the current situation in long steel markets and shared his opinions regarding the ...
Tags: steel, minerals, steel industry
Saudi Arabian customs officials have foiled an attempt to smuggle 3.255 million kg (equivalent to 27,300 barrels) of refined oil products out of the eastern port of Dammam, capital of the kingdom's oil-rich Eastern Province, the official ...
Tags: Saudi Arabia, Foils, Oil Products
Reportedly, Baosteel Stainless announced to cut its domestic prices for austenitic stainless steel coils for April in order to reflect lower nickel prices and weak demand. The company decided to cut its domestic prices for 304 grade hot ...
Tags: steel, Metallurgy, Mineral, Energy, Baosteel