In the week from October 28 to November 1, on the Orbis Steel Index the scrap index values moved upwards compared to the previous week. In the given week, the Turkish rebar maintained its upward movement, while the Turkish flat rolled ...
Tags: steel, Metallurgy, Mineral, Energy
On November 4, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that during the January-October period this year its subsidiary Tangshan Iron and Steel Co. exported 528,900 mt of long steel products, hitting a ...
Tags: Metallurgy, Mineral, Energy, steel
Reportedly, steel and iron ore futures in China climbed higher on Friday. Iron ore was up more than 3%, showing a sign of increasing demand began November. According to China's National Bureau of Statistics that the country's Purchasing ...
Tags: Rebar, Construction
Mexican service center operator Grupo Collado announced this week that net sales fell by 9 percent in the third quarter of 2013 in comparison with the corresponding period last year, as a result of lower steel prices. Sales revenues ...
Tags: Metallurgy, Mineral, steel
The US International Trade Commission (ITC) determined Friday that there is a reasonable indication that the US steel industry is materially injured by reason of imports of steel concrete reinforcing bar from Mexico and Turkey that are ...
Tags: Metallurgy, Mineral, steel
The final results in the administrative review of the countervailing duty (CVD) order on welded carbon steel standard pipe and tube from Turkey suggest the possibility that the US Department of Commerce (DOC) may find subsidies in the ...
Tags: Metallurgy, Mineral, Energy
It's reported that rebar futures in Shanghai rose for a second day on decrease of money market rates, indicating the cost of funding is dropping. Rebar for delivery in May on the Shanghai Futures Exchange (SHFE) hit RMB3, 601/ton or rose by ...
Tags: rebar, steel, Construction
During the opening ceremony of the Arab Steel Summit held in Dubai on October 26-28, the participants voiced their concerns over the high import billet and rebar tonnages coming into Arab countries. Domestic steel producers indicated that ...
Tags: Steel, Metallurgy, Mineral
China's Ministry of Commerce (MOC) announced that during last week (Oct. 21-27) the overall average finished steel price in China declined by 0.3 percent week on week. In the given week, average prices of 50 mm x 50 mm equal angle, 12 mm ...
Tags: Finished Steel, Steel Plate, Steel Price
The South East Asia Iron and Steel Institute (SEAISI) said today, October 28, that the ASEAN (Association of Southeast Asian Nations) region is a significant net importer of steel products, pointing out that the region is not ...
Tags: Steel Plant, Mineral
On October 25, Chinese steelmaker Hebei Iron and Steel Group announced that in the January-September period of the current year its Hebei-based subsidiary Chengde Iron and Steel Co. (Chengde Steel) produced 109,505.5 mt of high-strength ...
Tags: Anti-Seismic Rebar, Mineral
Industries Qatar, the parent company of Qatar Steel, has announced its financial results for the first nine months of the current year, reporting a consolidated net profit of QAR 6.3 billion ($1.73 billion), down 4.8 percent year on year. ...
Tags: Steel, Metallurgy, Mineral
According to data released by the National Bureau of Statistics (NBS), China's rebar production totaled 18.3 million tons in September, up by 1.67% from a month and hitting a new record high. In the first three quarters of this year, ...
Tags: Rebar, steel, Construction
Reportedly, Nucor’s rebar shipments totaled 305,000 tons in the third quarter of this year, falling by 11% year on year, affected by sluggish demand from construction sectors and low-priced imports. In the second quarter of this year, ...
Tags: Rebar, steel, Construction
Global steelmaker ArcelorMittal has announced that its Argentina-based unit ArcelorMittal Acindar will invest $100 million in a new rolling mill in Santa Fe province, Argentina. The rolling mill with an annual production capacity of ...
Tags: Metallurgy, Mineral, Energy, Rebar Mill