Chung Hung Steel, one of the major carbon steelmakers in Taiwan announced to hike its list prices for its steel products by NT$400~NT$500/ton for December. It’s known that the firm decided to raise the list prices for hot rolled ...
According to report, Nippon Steel and Sumitomo Metal Corp., the world’s second largest steelmaker after Nippon Steel’s purchase of Sumitomo Metal last month, said it estimated the recurring profit, the pretax and before special ...
Tags: Nippon Steel and Sumitomo, profit, steel price, Japanese steel market
China Steel Corp. (CSC), the largest carbon steelmakers in Taiwan announced to remain its list prices for steel wires and bars unchanged for next January and February after cutting prices for consecutive three times. It’s known that ...
Tags: China Steel Corp, carbon steel, carbon steel market, steel price
PTI reported that seeking immediate intervention of Steel Ministry, steel producers from Karnataka said they may have to shut their shops due to shortage of iron ore and its higher prices. As per report, there are 37 units which are ...
Tags: Ore Crisis, steel, steel market, Indian steel
* Baosteel, Wuhan Steel keeps October prices flat * A move keen to stabilise the tumbling market BEIJING/SHANGHAI, Sept 11 (Reuters) - Baoshan Iron and Steel, China's largest listed steelmaker, will roll over its September steel prices to ...
Tags: Industry Trends, Fasteners
TAIPEI – China Steel Corp., Taiwan's largest steel producer by revenue, said Tuesday that it will raise domestic April-May prices by an average of 1.11% compared with March, on the back of a recent recovery in global steel prices, Dow ...
Tags: Industry Trends, Fastener
Steel demand worldwide is growing slower than forecast, eroding profit at producers including ArcelorMittal and Tata Steel Ltd. (TATA) and forcing investors to revise their 2012 outlook for the $430 billion industry. Global use of the alloy ...
Tags: Market View, steel, raw material
China's Wuhan Iron and Steel (Group) Corp. And Japan's Nippon Steel Corp. Announced the launch of a new joint venture on Thursday. The steelmakers each have a 50-percent stake in a new tin plate plant in Wuhan, the capital of central ...
Tags: market view, steel, china
Sentiment in the Chinese steel market continued to improve last week, but mills are hesitant to raise lift prices as end-user demand remains weak. Hebei Iron & Steel kept its August prices for hot and cold rolled coil and end-July prices ...
Tags: steel
China's major steelmakers continued to cut July delivery prices on Wednesday. Companies began lower prices on June 17, in expectation of slowing market demand. Eight Chinese steelmakers cut the price of their products on Wednesday for July ...
Tags: steel
Russian pipe producers CHTPZ and TMK have filed separate complaints regarding steel strip price increases with Russia's Federal Antimonopoly Service (FAS) against domestic steel producers Magnitogorsk Iron and Steel Works (MMK) and ...
Tags: steel strip, steel pipe