Brazil's steel distributors association, Inda, has disclosed that its members' steel sales rose 8.1% year on year to 401,200 tonne in October, increasing by 13.4% as compared to September. In the January to October period of the current ...
Tags: INDA, steel distributor, steel
Three days of exclusivity and innovation. On 3 - 5 April 2013, Milano will become the capital city of the international steel industry for the 5th Made in Steel. This event, that will be held for the first time in the fieramilanocity halls, ...
Tags: 5th Made in Steel, international steel industry, steel industry, steel
It's reported that Fitch Ratings has downgraded steel giant Posco's long-term Issuer Default Rating (IDR) and senior unsecured rating to "BBB+" from "A-". Meanwhile, the short-term IDR was at "F2." In 2011 and 2012, high levels of debt ...
Tags: steel, debt to fund investments, steel industry, debt levels
It is reported that the imported hot rolled coils (HRC) and cold rolled coils (CRC) from foreign countries such as China has driven the average selling price lower in Indonesian market. Consequently, the low selling steel prices have ...
Yieh Phui, one of the major coating steel producers in Taiwan announced that its sales revenues totaled NT$2.147 billion in October, down slightly by 1.07% from a month ago. Meanwhile, it’s learned that Yieh Phui’s received ...
Tags: Sales Profits, sales revenues, Yieh Phui, coating steel
PTI reported that seeking immediate intervention of Steel Ministry, steel producers from Karnataka said they may have to shut their shops due to shortage of iron ore and its higher prices. As per report, there are 37 units which are ...
Tags: Ore Crisis, steel, steel market, Indian steel
The Austrian refractories company plans to expand in Russia. In Europe, the first factories will be shut down in two years. In the long term, the main production will not take place in Europe anymore, RHI´s CEO Franz Struzl explains. ...
Tags: market view, RHI
The Jakarta Post reported that low average selling price of steel resulting from an oversupply in the domestic market hit earnings of the country's major steel producers in the first nine months of this year. Mr Edward Pinem executive ...
Tags: Industry Trends, Fasteners, steel
April 2,2012--Portland,OR,02 April 2012:BlueSteel Services LLC,a reputed steel supplier,is offering ERW,DSAW and Spiral weld pipe pile that follow international quality standards and can be delivered directly to the client's job site.The ...
Steel demand worldwide is growing slower than forecast, eroding profit at producers including ArcelorMittal and Tata Steel Ltd. (TATA) and forcing investors to revise their 2012 outlook for the $430 billion industry. Global use of the alloy ...
Tags: Market View, steel, raw material
China's crude steel output fell in July as mills reduced their operations owing to the summer slowdown and higher production costs. China's daily crude steel output for July was at 1.913 million tonnes, down 4.3% from June, according to the ...
Tags: steel
An increasing amount of Russian stainless steel pipe organizations are in all likelihood to construct new crops at home, in the strategic shift apart from international acquisitions, as they consider benefit of large earnings margins at ...
Tags: stainless steel pipe
China's major steelmakers continued to cut July delivery prices on Wednesday. Companies began lower prices on June 17, in expectation of slowing market demand. Eight Chinese steelmakers cut the price of their products on Wednesday for July ...
Tags: steel
John Foster began his steel industry career at J&L Steel,where he became acquainted with the full range of steel products,from flat rolled to pipe to longs.He later worked at CF&I Steel,serving as General Manager of the bar,rod,wire and ...
Tags: steel industry, J and L Steel, CF and I Steel, US
Russian pipe producers CHTPZ and TMK have filed separate complaints regarding steel strip price increases with Russia's Federal Antimonopoly Service (FAS) against domestic steel producers Magnitogorsk Iron and Steel Works (MMK) and ...
Tags: steel strip, steel pipe