Reuters reported that strike while the iron is hot, the old saying goes, and a legion of iron ore miners setting up in Canada's remote Labrador Trough want to do just that. But, for now, they have to wait. Iron ore, the main component of ...
Tags: iron ore price news, steel scrap buyers, stainless steel, buy steel pipe
According to industry and government officials at the OECD's Steel Committee meeting in Paris on 6-7 December 2012,the growth in global steel demand is expected to be slower in the coming decade than during the previous 10 years but longer ...
Tags: OECD, global demand, steel, non-tariff measures
The short term market outlook has been revised downwards again According to the latest OECD Economic Outlook,released on 27 November 2012,the global economy is weakening again driven by a significant drop in confidence.High and,in some ...
Tags: steel, short term market outlook, weakening global trade, slowdown
The Chinese Long Product Price Index CLPPI went up by 6 points whereas the Chinese Flat Products Index CFPPI went up by 1point. The overall price index CHISPI increased by 3 points. CLPPI - Chinese Long Product Price Index CFPPI - ...
Tags: chinese, steel, price index
Alacero announced that between January and October 2012,year over year trade flow between China and Latin America of steel containing products grows 15% Indirect trade between China and Latin America was 15%higher between January and ...
Tags: Alacero, trade flow, cars, commercial vehicles, steel
Steel market in China got a jerk with slight improvement.More than the quantum it was the temperament which was encouraging.In the backdrop of healthy growth in manufacturing activity for the first time in 13 months in November,according to ...
Tags: steel market, PMI, HSBC, economic stability
According to the figures released by the China Association of Metal Scrap Utilization, in the January to September period of this year, China's total steel scrap consumption amounted to 60.6 million tonne, down 12.3 million tonne or 17.87% ...
Tags: steel scrap, steelmakers, steel
Mr Chi Jingdong vice secretary general of the China Iron and Steel of Association has said that exports have eased the pressure from the overcapacity issue in the Chinese steel industry, where capacity exceeds domestic consumption. He made ...
Tags: China Iron and Steel of Association, Mr Chi Jingdong, steel industry
On November 30, Liaoning Province-based Chinese steel producer Fushun Special Steel announced that Chinese steelmaker Dongbei Special Steel Group currently holds 224 million shares in Fushun Special Steel, accounting for 43.02% of total ...
Tags: Fushun Special Steel, Chinese steelmaker, Chinese steel producer
The Chinese Long Product Price Index CLPPI went down by 23 points whereas the Chinese Flat Products Index CFPPI decreases by 19 points. The overall price index CHISPI declined by 21 points. CLPPI – Chinese Long Product Price ...
Tags: steel price, CLPPI, CFPPI, CHISPI
November heralds the beginning of price retracing as the winter sets in and 2012 draws to close. Irrespective of some glimmer in HSBC PMI index climbing to 50.4 this week in 13 months fragility of demand and global economy continues to ...
The mystery of steel price plummeting amidst improving economic parameters in China can be imputed to destocking at the traders and stockiest end. Use of steel products particularly HRC as collateral for availing credit by the market ...
Tags: steel price, steel products, HRC
International credit rating agency Moody's has announced that the outlook for Asia's steel industry remains stable on the expectation that demand will increase modestly and that there will not be any significant additions to steel capacity ...
Tags: steel industry, International credit rating agency, Moody, steel export
The Chinese Long Product Price Index CLPPI went down by 28 points whereas the Chinese Flat Products Index CFPPI decreases by 10 points. The overall price index CHISPI declined by 18 points. CLPPI - Chinese Long Product Price Index ...
Tags: steel price, CLPPI, CFPPI, CHISPI
SGIS Shongshan Company, a leading Guangdong Province-based Chinese steel producer has planned to conduct two stages of hot run test for alloy steel round bar production line. After the commission of the production line, its yearly ...