Metalloinvest, Russia-based leading global iron ore and HBI (hot briquetted iron) producer, and Russian steelmaker Severstal have announced the signing of a three-year contract for the supply of iron ore. The contract stipulates a total ...
Tags: iron ore, dry iron ore, iron, ore
It’s reported that the prices of medium heavy plates rose by US$30/short ton to US$720~US$740/short ton in the US market last week after the major steelmakers hiked the steel flats prices by US$60/short ton. Furthermore, ...
Tags: Steelmakers, Steel Flats Prices, Steel Flats
It's reported that the three major cold rolled (CR) steelmakers in Korea including Hyundai Hysco, Dongbu Steel and Union Steel imported 232,000 tons of CR base materials, rising by 12% from a month ago. Among them, 208,000 tons were from ...
Tags: Steel, Construction, Metallurgy, Mineral, Energy
The China Iron and Steel Association (CISA) has stated that in early March (Mar. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.676 million mt, down 3.3 percent ...
It’s reported that most of the major steelmakers in the US have announced to raise the prices of steel long products by US$25/short ton for April. Nucor informed its customers that the company will raise the prices for rebar, ...
Tags: steelmakers, Steel Longs Prices, Steel
It’s reported that the Japanese steelmakers hiked export prices of hot rolled (HR) steel products to certain Korean buyers to US$630~US$640/ton FOB for April, rising by US$20~US$30/ton from a month ago. Moreover, the Japanese ...
Tags: HR steel products, HR steel, steel products
According to the latest data released by Statistics South Africa, in January this year the country's producer price index (PPI) for exported commodities decreased by 0.3 percent year on year and was up 2.5 percent compared to the previous ...
Tags: steelmakers export, metals, iron, steel
It’s reported that the Japanese steelmakers planned to raise the prices of hot rolled coils (HRC) to the buyers in Latin America and the Middle East for April. It’s learned that the HRC export price to Latin America reaches ...
Tags: Steel Mills, HRC Export, steelmakers
According to data released by the Turkish Statistical Institute (TUIK), Turkish steelmakers sold around 120,458 tons of wire rods to 26 countries in January with an average price of US$601.9/ton. Among them, 41,220 tons were exported to ...
Tags: TUIK, steelmakers, wire rods
It’s reported that Egyptian Ezz Steel announced to hike the hot rolled coil (HRC) ex-work prices by EGP110/ton to EGP4, 965/ton for March, affected by higher input costs and depreciated Egyptian pound. Market insiders predicted that ...
Tags: HRC Prices, Egyptian Ezz Steel, Steel
The China Iron and Steel Association (CISA) has stated that in late February (Feb. 21-28) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7323 million mt, up 0.8 ...
Tags: crude steel output, crude steel, Steel
It is reported that the majority of Indian steelmakers announced to keep their hot rolled coil prices remain unchanged for March this year. India’s steelmakers considered the domestic market demand remained weak and it expected ...
Tags: HRC prices, steelmakers, steel
Japanese Nippon Steel & Sumitomo Metal (NSSMC) announced to hike its steel plate export prices to Asia by US$20/ton for April and May. The new prices are at US$670/ton CFR. Recently, the demands for steel plates from construction and ...
Tags: steel plate export, steel plate, steel
Reportedly, Brazil’s steelmakers, including Companhia Siderúrgica Nacional (CSN) and ArcelorMittal will increase flats product prices in March. Industry sources pointed out that the new prices might be effective on March ...
Tags: Steelmakers, Steel, Steel Flats
Australian miner Flinders Mines Limited has announced that it has signed a binding memorandum of understanding with four Chinese steel mills, allowing the steelmakers to evaluate whether the iron ore from Flinders' Pilbara iron ore project ...
Tags: miner, steel mills, steel