It’s reported that the Turkish stainless steel market has remained flat recently due to weak demand, in spite of sharping rising nickel prices. It’s known that the nickel prices started to rebound in early December. The ...
Tags: stainless steel, stainless steel market, Turkish steel demand
Reuters reported that POSCO has denied that it is interested in buying the ThyssenKrupp stainless steel plant in Terni, Italy, rejecting market speculation that the South Korean producer could buy the plant to increase its presence in ...
Tags: POSCO, stainless steel, steel industry, steel market
In November this year, the purchasing managers' index (PMI) of China's steel sector was 49.2 percent, down 3.5 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) which is part of the ...
Tags: stainless steel, steel scrap, steel pipe, steel
According to Hebei Metallurgy Industry Association, the profit of 65 key steel mills aggregated CNY 1.358 billion reversing the deficit of 721 million yuan seen in September, owing to warming steel market. Data show that the total profit ...
Tags: buy steel pipe, steel scrap price, iron ore price news, steel wire
Reuters reported that shanghai steel futures jumped 1.6% on Monday, snapping a week long fall, following more evidence that China's economy is on the mend The most briskly traded rebar contract for May delivery on the Shanghai Futures ...
Tags: steel scrap price, stainless steel, buy steel pipe, iron ore price news
Reuters reported that Shanghai steel futures jumped 1.6% on Monday, snapping a week-long fall, following more evidence that China's economy is on the mend, although demand for raw material iron ore is likely to stay subdued along with ...
Tags: steel bar, steel scrap price, stainless steel, steel pipe
Since this year, China steel market has experienced swift fluctuation, which is also reflected in steel prices. In response to this, Baotou Steel made exports strategy adjustment immediately, as a result, they have exported 941,000 tonnes ...
Tags: buy steel pipe, steel plate, high carbon steel, steel manufacturer
Indian mills chanced their first rub with market by increasing HRC price by INR 500 to 1000 per tonne after nearly 2 Quarters. Coming at fag end of the year it was pale shadow of the seasonal hike in price and demand in Q2 and Q3. ...
Tags: Indian mills, HRC price, seasonal hike
Two people familiar with the matter said that JSW Steel Ltd is facing its first annual drop in output in at least 10 years because of a shortage of iron ore at its biggest mill. The people said that production at the Vijayanagar plant in ...
Tags: iron ore price news, steel scrap price, steel supplies
Reuters reported that spot iron ore touched 6 week lows as demand from top buyer China declined in tandem with falling steel prices, putting the raw material on course for its first monthly loss in 3. For November, iron ore is down 2% ...
Tags: spot iron ore, falling steel prices, first monthly loss
Hsin Kuang Steel, one of the major steel service centers in Northern Taiwan announced its November sales revenues totaled NT$725 million, jumping by 61.23% from a month ago. Also, this is the second highest sales number over the past 15 ...
It's reported that the Turkish stainless steel market has remained flat recently due to weak demand, in spite of sharping rising nickel prices. It's known that the nickel prices started to rebound in early December. The ...
Tags: nickel, prices, stainless steel market
Long products market started week 49 with an optimistic trend but by middle of the week it changed to market depression with no activity. Domestic mills were faced with no interest in buying at IME as their final prices were higher by IRR ...
Tags: steel, Metallurgy
According to the CBMX data, China's iron ore spot transaction platform run by the China Beijing International Mining Exchange recorded 11 offers of a total of 650,000 million tonne of iron, with the conclusion of one deal. No deal had been ...
Tags: iron ore price news, steel scrap price, buy steel pipe, metal steel
SteelGuru, the leading website for steel, metal and mining industry with 150,000 page views per day and 75,000 plus registered users for its E mail based news letter Steel Trade Today, has added yet another value added service for its ...
Tags: metal, mining, steel trade, steel market