"ArcelorMittal exports 200,000t auto sheet to China every year, most of which are delivered to joint ventures in China like Das Auto, GM, and Ford. Starting from this October, all these products will transfer to Valin ArcelorMittal ...
Tags: Arcelormittal, auto sheet
The nickel price in LME remained at US$6.1~US$6.2/lb. recently and Japanese stainless steel mills estimated that if the nickel price keeps stable, the price of stainless steel cold rolled sheet would probably rebound soon. The nickel ...
Spanish sheet market prices continued to fall, the price of domestic products and imported products fell by €10/ton from the previous week. Currently, the hot rolled coil (HRC) price is €450-460/ton, cold rolled coil (CRC) price ...
Tags: steel, Construction
Las Vegas, Nevada-based Roadrunner Steel, Inc., a sister company of Performance Steel, Inc. announced Wednesday that it is constructing an approximately 100,000-square-foot rail served, slitting, leveling, and distribution warehouse on over ...
Recently, Baosteel Group Co., Ltd. chairman Xu Lejiang and his retinue attends 2013 International Iron and Steel Association Council special session and Executive Committee 49th meeting held in Vienna, Austria. During the meeting, Xu ...
Tags: Metallurgy, Mineral, steel
During Nucor Corporation's Q1 2013 conference call Thursday, President and CEO John Ferriola noted that the flat rolled steel market is poised for a difficult year. Ferriola said that the "amount of overcapacity is phenomenal right now," ...
Tags: Nucor, Sheet Market
Fort Wayne, Indiana-based Steel Dynamics, Inc. announced late Wednesday Q1 2013 net income of $48 million on net sales of $1.8 billion. By comparison, prior year Q1 net income was $46 million on net sales of $2 billion and sequential Q4 ...
Tags: Steel Dynamics, Mineral
German steelmaker ThyssenKrupp's China-based joint venture with Chinese steel producer Ansteel is to build a new production line in Yufu Industrial Park in Liangjiang New Area in Chongqing which will produce hot dip galvanized (HDG) sheet ...
The UK market was at its seasonal low in February, although one should avoid any undue gloom…demand was entirely in line with expectations. Indeed, it may surprise you to note that January was actually up some 8% up on the same month ...
Tags: Raj Bhardwaj, Recycled Containerboard Prices, Head of Steam
Prices of austenitic cold rolled stainless steel sheets begin to be accepted at USD 2,700 CFR in the Asian region, and are about to move on to USD 2,750 CFR. As the nickel price has begun to rise from late last week and come close to the ...
Tags: cold rolled stainless steel sheets, Prices, CFR, nickel price
Flat rolled steel trading in the United Arab Emirates is slow on account of reduced working hours during Ramadan. Some import offer prices to the country have decreased from late July. Steel Business Briefing is informed by sources that the ...
Tags: Flat rolled steel
Demand for flat rolled steel in Saudi Arabia continues to decrease as the beginning of Ramadan is a week away. Steel Business Briefing is informed by market players that consumption is expected to pick-up by mid-September after the Eid ...
Tags: flat rolled steel