China's iron ore import prices are likely to come under pressure in March, as the expected increase in domestic steel output is unlikely to offset the impact of persistent iron ore oversupply in China, the China Iron & Steel Association ...
Tags: Iron Ore, Steel Demand
The transaction prices of L8 and L10 steelmaking pig iron in northern China's Hebei province stood at Yuan 2,460-2,510 ($400-408) /mt on March 3, down 1.6% from Yuan 2,500-2,550/mt on January 28, with the widely expected post-holiday ...
Tags: Pig Iron, Steel Market
On February 28, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in the current year it expects to produce 12 million mt of pig iron, 12.45 million mt of crude steel and 11.66 million mt of ...
Tags: Baogang, Crude Steel
In January this year, Japan's industrial production increased by four percent from December and rose by 10.6 percent from January 2013, according to the preliminary indices of the Industrial Production report published by Japan's Ministry ...
Tags: Iron and Steel, Mineral
Indian state-owned steelmaker Steel Authority of India Limited (SAIL) has announced that it achieved seven percent year-on-year growth in total finished steel sales in February this year, while its finished steel output amounted to 1 ...
Tags: Crude Steel, Mineral
Hunan Province-based Chinese steelmaker Hunan Valin Iron & Steel Co. (Hunan Valin Steel) has announced that in 2013 its net profit amounted to RMB 106 million ($17.26 million), compared to a net loss of RMB 3.254 billion in 2012. Valin ...
Tags: Valin Steel, Mineral
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the fourth quarter and the full year of 2013. In the fourth quarter, CSN ...
On February 27, the China Iron and Steel Association (CISA) announced that in mid-February (Feb. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6888 million mt, ...
Tags: Daily Crude Steel, Mineral
Xinchuang Li, deputy secretary general of the China Iron and Steel Association (CISA), has stated that the issue of overcapacity in China's steel industry has become very serious, while adding that slow economic growth and economic ...
Tags: Steel Industry, Overcapacity
In 2013, China's total crude steel output was 779 million mt, up 7.5 percent year on year, according to a report on the overall situation in Chinese industry in 2013 released by China's Ministry of Industry and Information Technology ...
Alacero, the Latin American steel association, has reported that apparent finished steel use in Latin America and the Caribbean totaled 66.5 million mt in 2013, in line with the 2012 level. Finished steel production in the region amounted ...
Tags: Alacero, Latin America, Steel Consumption, steel production
Chinese steel mills' credit woes have further depressed domestic silicomanganese prices, market sources said Monday. Domestic silicomanganese prices were pegged by the sources at about Yuan 6,600/mt ($1,083/mt), about Yuan 200-300/mt ...
Tags: Steel Mills, Mineral
Brazil-based steel producer Gerdau SA has reported its financial results for the fourth quarter and the full year of 2013. In the fourth quarter, the net profit of the company was R$492 million ($208.9 million), rising from R$143 million ...
Tags: steel producer, Mineral
Global crude steel production in January this year decreased by 0.4 percent year on year to 129.78 million metric tons, while a 0.5 percent increase was observed on month-on-month basis, according to the World Steel Association ...
Tags: Crude Steel, Mineral
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that its integrated iron and steel plant Ural Steel saw its crude steel production in the fourth quarter last year decrease by 7.6 ...
Tags: Crude Steel, Ural Steel, Mineral