Economic data confirm that the recovery in the EU is taking hold, although growth momentum remains rather modest, according to the Economic and Steel Market Outlook 2014-2015/Q3 2014 Report from the Economic Committee of the European Steel ...
Tags: Recovery, EU, Metallurgy, Mineral
Finland-based stainless steel producer Outokumpu has announced its financial results for the second quarter of the current year, indicating that stainless steel demand continued to recover and base prices increased moderately in both Europe ...
Tags: Outokumpu, Announce, Financial Results
The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the first quarter ended June 30 of the financial year 2014-15, posting a net profit of JPY 48.3 billion ...
Tags: NSSMC, announce, financial results
Finland-based steelmaker Ruukki has issued its financial results for the second quarter of the current year, stating that demand for special steels is expected to clearly outperform demand for standard products, especially in market areas ...
Tags: wr
Whereas China's steel output has remained at high levels as domestic steel demand has indicated some increases due to the Chinese government's stabilization policy and also given the significant rises seen in export volumes, the growth ...
In the first four months of this year, Spanish steel exports amounted to 3.2 million mt, up 6.9 percent year on year, while the value of these exports totaled €2.44 million, according to the Spanish steelmakers association Unesid. ...
Tags: Steel, Metallurgy, Mineral, Energy
In March this year, European stainless crude steel production increased by one percent to 710,000 metric tons, with Sweden's production increasing by six percent, Slovenia's production up two percent and Germany's production down 20 ...
Tags: Stainless Crude Steel, Crude Steel
India's state-owned steelmaker Steel Authority of India Limited (SAIL) has announced that it sold 1.06 million mt of finished steel products in May this year, registering year-on-year growth of 11 percent. In the given month, the company's ...
Tags: Steel Demand, Steel
In a report this week, the Latin American Steel Association (Alacero) outlined struggles to reduce the charges of unfair trade between countries that are trading partners. Rafael Rubio, director of Alacero, expressed concern over an ...
Tags: steel demand, steel production
Steel demand in Latin America is expected to grow 3.5 percent this year, driven by infrastructure programs and new sectors such as energy and automotive. Rafael Rubio, general director of the Latin American Steel Association (Alacero) ...
Tags: Steel demand, Steel consumption
The US ferrous scrap import market was quiet in East Asia during the week, regional traders said Thursday. Importing mills were staying away because they believed US scrap prices were likely to soften after iron ore broke the $100/dry mt ...
Tags: Steel Mills, Bulk Scrap
Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...
Tags: Iron Ore, Concentrate Prices
Some sellers of molybdenum oxide powder in Asia have lowered offers Friday, following falls during European trading hours Thursday, while others kept their offers at $14.70-14.80/lb CIF, market sources said. Platts assessed moly oxide at ...
Tags: Molybdenum Oxide, Oxide Powder
India-headquartered steel giant Tata Steel Group has issued its group financial results including Tata Steel Europe for the fourth quarter and the full financial year ended March 31. Tata Steel Group's net profit doubled to INR 10.36 ...
Tags: Tata Steel, blast furnace
We had the opportunity to speak with Kim Marti Subirana from Celsa Group, the president of IREPAS, during the SteelOrbis Spring 2014 Conference & 70th IREPAS Meeting held on March 30-April 1 in Barcelona. Mr. Marti, how do you view the ...
Tags: Metallurgy, Mineral, Steel