NLMK Kaluga in their hot testing of its electric arc furnace and rolling shops has cast their first metric ton of steel. NLMK Kaluga which is a subsidiary of Russian steelmaker NLMK Group will start production of rebar and sections on an ...
Tags: NLMK Kaluga, Test Production
According to data released by foreign trade ministry Secex, Brazil's exports of carbon steel wire rod and rebar jumped in April. The country's exports of wire rod surged by 342% from a month ago to 34,685 tons in April. In April, the ...
Tags: Wire Rod, Metallurgy, Mineral
It is reported that China's Sinohydro Corporation, the world’s largest hydropower construction company is going to get the supply of more than 120,000 tons of reinforcing steel rebar from Newcastle plant of ArcelorMittal South Africa ...
Tags: hydropower construction, Energy
Guangdong Province-based Chinese steel pipe manufacturer Panyu Chu Kong Steel Pipe Co. has announced that it will acquire 100 percent of shares of Nanjing Rongyu Group, the outstanding 26.17 percent of shares of Nanjing Qixiashan Steel ...
Tags: China, Southeast Asia, production, steelmaking, Shanghai
Global steel giant ArcelorMittal has announced that its South African unit ArcelorMittal South Africa is supplying China's Sinohydro Corporation with reinforcing steel from its Newcastle plant for a number of hydroelectric projects across ...
Tags: rebar, longs, Zambia, Africa, ArcelorMittal, steelmaking, Istanbul
Recently, the Brazilian steel mills have suspended exports of steel long products such as rebar and steel wires due to sluggish demand from overseas markets. The Brazilian steelmakers said that the international market was in a fierce ...
Chinese steel rebar futures for October delivery at Shanghai Futures Exchange (SHFE) dropped to its lowest by 2.1% to RMB 3,496/ton, a 9 month low on Monday since September 7th last year as China, the world's biggest steel consumer's ...
Tags: SHFE, steel, Construction&Decoration
According to statistics released by the US Census Bureau, the US’s preliminary steel imports totaled 2.43 million tons in April, rising by 4.3% from 2.33 million tons in March but falling by 14.8% in comparison of 2.85 million tons in ...
Tags: US, Steel, Construction&Decoration
The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
Feng Hsin, one of the major steel long product makers in Taiwan announced to remain its list prices for rebar, section steel and scraps unchanged for this week. After the announcement, its list prices for rebar are at NT$17,300/ton; ...
Tags: Taiwan, Construction&Decoration, Prices
According to data released by the China Iron and Steel Association (CISA), China’s inventories of main steel products including hot rolled coils (HRC), plates, cold rolled coils (CRC), wire rod and rebar in China decreased as of May ...
Tags: Steel Stocks, China, Construction&Decorat
It's reported that Nucor announced to cut surcharges for rebar and medium-and-small section steel products to US$227/ton for shipments after May 21st, decreasing by US$24/ton from April 11st. However, Nucor increased base prices for the ...
Tags: Construction, Metallurgy, Mineral, Energy
On May 27, China's Ministry of Commerce (MOC) announced that during last week (May 20-26) the average steel price in China decreased by 0.4 percent week on week, declining at the same rate as recorded in the previous week. In particular, ...
Tags: Steel Price, China
It's reported that that the UAE's integrated steel mill Emirates Steel has announced to cut rebar ex-work prices by AED60/ton to AED2, 350/ton, effective from May 22nd. Besides, the other steel mills in the UAE have also announced to adjust ...
Tags: Construction, Metallurgy, Mineral, Energy