Recently,most of the major H beam producers in China have all hiked the export quotes for January. It's known that Masteel,Jinxi Steel and Laigang have all increased the H beam export quotes by US$20~US$30/ton. Besides,the Chinese steel ...
Tags: H beam, export quotes, steel mills, market
A big jump in China's trade surplus buoyed the Australian dollar as dealers bet that the world's second-biggest economy was recovering faster than expected. China's monthly trade surplus widened to $US31.6 billion ($29.9bn) in December, ...
Tags: Dollar, trade surplus, Australian dollar, currency
According to statistics, the 7 major stainless steel mills in Japan produced 251,055 tons of crude stainless steel in November, falling by 17.3% from a month ago. Nippon Steel & Sumitomo Metal produced 69,361 tons, rising by 5%; JFE ...
Tags: Japan, stainless steel mills, crude stainless steel, steel market
In the week from December 31 to January 6, on the Orbis Steel Index the Turkish scrap index continued to increase, while the US (East Coast) HMS I/II scrap export index switched to sideways movement. In the given week, the Turkish rebar ...
Tags: December, Orbis Steel Index, Turkish scrap index, scrap export index
Pittsburgh, Pennsylvania-based TMS International Corp. the parent company of Tube City IMS Corporation, a leading provider of outsourced industrial services to steel mills globally,mill services co announced Monday that it has secured new ...
Tags: TMS International, multi-million Dollar Contracts, steel mills
Dr.Veysel Yayan,the Secretary General of Turkish Iron and Steel Producers Association has shared his views regarding the steel industry and the price trends in the market locally and globally. The high performance of Turkish steel ...
Tags: Turkey, steel production demand, Turkish steel industry, steel prices
Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...
Tags: Kumba final results, operating, saftey, marketoutlook
George Adams is President of SA Recycling,located in Anaheim,California,and he has been in the family-owned scrap metal business(Adams Steel)since 1977.Originally started by George's father 35 years ago as a single scrap metal facility,SA ...
Tags: SA Recycling, US scrap market, steel industry, GA, ferrous scrap
The Vice-President of Yieh Phui, one of the major coating steel mills in Asia said that the company might have the profitable sales number in this January due to the good export sales prices. Besides, the company's February allocation has ...
Tags: Taiwanese, Sales Revenue, profitable
Within a couple of days first Fortescue Metals' Nev Power and then Rio Tinto's Sam Walsh have warned that the remarkable rebound in iron ore prices won't last. Others are not as sure. Earlier this week, Power attributed the sharp rise in ...
Tags: Iron Ore, Fortescue Metals'Nev Power, Rio Tinto's Sam Walsh, Metallurgy
Cat was finally out of the bag on the 3rd day in New Year. Even though not coming as a surprise the muddled pattern gave indication of inherent diffidence. As reported earlier by us on January 1st, it is learnt that HRC price is hike by ...
Tags: HRC price, India, steel mills, steel price
Business Standard reported that the All OdishaF Steel ederation, an association of secondary and finished steel makers, has urged the ministerial panel on raw material supply to address issues pertaining to pricing and availability of ...
Tags: Iron Ore, Iron Ore price, Odisha Steel Federation, steel market
Business Standard reported that the Comptroller and Auditor General of India has rapped the Karnataka government for its failure to initiate any time-bound action plan to monitor the implementation of the Karnataka Mineral Policy 2008. ...
Tags: mining, Mineral, minerals extracted, iron ore fines, iron ore
Recently, the Taiwanese steel mills have hiked rebar prices in order to reflect higher scrap prices. It’s said that an electric furnace steel mill in northern Taiwan increased its rebar prices to NT$18,700/ton. At the same time, a ...
Tags: Taiwanese steel, rebar, prices, scrap prices
Asaplus Resources continues to trade at a 5% premium to its IPO entry price one month on from listing. The company listed on November 16th 2012 following a a successful IPO which offered 10 million shares at USD 0.20 to raise USD 2 million. ...
Tags: Resources, Silverstone Project, iron ore, ore resources