Indian steel giant Tata Steel forecasted that its sales would rise in the fiscal year 2013/14 (during April 1st, 2013 through March 31st, 2014), stimulated by increased demand. It’s learned that steel demand from India and Europe ...
Tags: India, steel giant Tata Steel, fiscal year
On January 8, the China Iron and Steel Association (CISA) stated that in late December (Dec. 21-31) 2012 the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1,613,100 mt, down 0.63 ...
Tags: China, CISA, crude steel, output, late December
It’s reported that the four major steelmakers in Indian announced to raise the prices of steel products by INR500~INR1,400/ton for January. Rashtriya Ispat Nigam Ltd (RINL) announced to increase its steel product prices by INR500/ton. ...
Tags: steelmakers, India, prices, products
China Steel Corp. (CSC), the largest carbon steel maker in Taiwan is going to release its price policy for March. It’s expected that CSC would hike its list prices by more than NT$300~NT$500/ton, supported by the price rise made by ...
Tags: Steel Corp, carbon steel, steel, steelmaker
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
Sergei Kuznetsov has been CEO of both Severstal International and Severstal North America since July 2009.He joined Severstal in 2002 to head the business planning group created to acquire foreign assets and develop international ...
Tags: US, HDG price, steel price, automotive market
Ruggero Alocci,vice president of the ferrous metal division of the Bureau of International Recycling(BIR)has expressed his views to SteelOrbis regarding the issue of ferrous scrap exports from the European Union.Antonio Gozzi,new president ...
Tags: Alocci, scrap, EU, BIR, ferrous scrap, European steel supply chain
Ruggero Brunori,53,is the son of Giovanni Battista Brunori,who founded rebar producer Laminatoio Valsabbia in 1954,in Odolo,Brescia,Italy.In the early 1980s Ruggero graduated in law,and since 1987 has committed himself to working for the ...
Global steel production will fall over the next 12 months because of current overcapacity and the slowdown in the Chinese economy says Coface. The experts in assessing business sector credit risks have published a report on the challenges ...
Tags: steel sector, steel, steel production, steel industry
The China Post reported that high prices and strong demands are expected to contribute to a strong first quarter for Taiwan's steel industry. Experts said that they made the remarks after steel manufacturers reported sluggish sales during ...
Tags: steelmakers, steel industry, steel, steel manufacturers
Bloomberg reported that the USD 1.1 billion purchase of a stake in ArcelorMittal Canadian iron ore unit by China Steel Corporation and POSCO increased interest in Canada’s ability to meet Asian demand for the steelmaking raw material. ...
Tags: ArcelorMittal, Canadian iron ore unit, China Steel Corporation, POSCO
Business Times reported that iron ore prices hit an eight month high this week. Iron ore is seen as a proxy for industrial activity and construction in China. The commodity is critical for the profitability of mining groups, including ...
Tags: iron ore prices, iron ore, steelmakers, steel production
It is learned that Indian major steelmakers are to enhance production capacity for another 24 million tons per year before financial year 2017-2018. According to the Steel Ministry, the state-owned SAIL will ramp up its capacity from ...
Tags: Indian major steelmakers, production capacity, financial year, 2018
SteelOrbis talked with Israeli scrap supplier Arbel Steel's managing director Izak Istrik about the Israeli scrap and steel markets at the recent SteelOrbis Spring'12 Conference and 66th IREPAS Meeting held in London. Can you give us an ...
Tags: steel demand, Israel, domestic scrap, market
Bloomberg reported that antitrust body fined POSCO, Hyundai Hysco Co and five other South Korean steelmakers were fined a combined KRW 291.7 billion (USD 273 million) for fixing the price of some products. The Fair Trade Commission ...
Tags: antitrust body, POSCO, Hyundai Hysco Co, fine, price fixing