Flat products market experienced a downward trend last week. 2 mm thickness was priced at IRR 17,200,000 per tonne by start of the week and finished it at IRR 17,100,000 per tonne. Mobarakeh Steel and Oxin Steel mills experienced IRR ...
Tags: steel scrap price, buy steel pipe, iron ore price news, steel thickness
According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, in November this year long steel mills worldwide were in general bothered by lack of demand, the rise in scrap ...
The SMS group has noticed a reluctance among its customers to place orders. It is estimated that order intake in the year coming to a close will total EUR 3.2 billion, putting it below 2011's EUR 3.42 billion. Sales in 2012 are anticipated ...
Tags: international sms, sms india, iron ore price news, steel construction
On November 29th Jiangxi Province based Chinese steelmaker Fangda Special Steel Technology Co announced that it has increased its stake in Jiangxi based steel producer Pingxiang Steel in cooperation with its parent company Liaoning ...
Visakhapatnam Steel Plant, an Indian market leader for bar and rod products in the steel market, is looking at entering the Sri Lankan steel market. RINL, which is backed by the Government of India, has a 35% market share in bar and rods ...
Tags: steel scrap buyers, sri lanka vs india, steel market prices
BERNAMA reported that Malaysia Steel Works Bhd has posted a lower pre tax profit of MYR 7.55 million for the third quarter ended September 30, 2012, compared with MYR 17.46 million in the same period last year. The company revenue, however, ...
Reuters reported that China's boycotts of Japanese cars over a territorial dispute will shave about 550,000 tonnes, or about 2%, off Japan's fourth quarter steel output. A government survey of steelmakers showed that violent protests ...
Tags: steel market, steelmaker, boycotts of Japanese products
As per latest information from Black Sea, CIS steel export prices are rather stable, but future sentiments are moderately negative. Billet price decreased by USD 5 per tonne to USD 10USD during the week and expectations are rather ...
Tags: CIS steel, CIS steel export prices, stable market, steel market
As the national economy sea saws between revival and slump the impasse over turn of fortune remains unbroken. UPA government sensing the impending economic holocaust with the fiscal deficit and inflation remaining obdurate has stuck with ...
Tags: steel gate, steel systems, steel scrap buyers, alloy steel
In a new three part video series about the clear advantages advanced high-strength steels offer to automakers, Mr Lawrence W Kavanagh president, the Steel Market Development Institute a business unit of the American Iron and Steel ...
Tags: steel suppliers, steel protection, aisi steel, steel design
Reuters reported that strike while the iron is hot, the old saying goes, and a legion of iron ore miners setting up in Canada's remote Labrador Trough want to do just that. But, for now, they have to wait. Iron ore, the main component of ...
Tags: iron ore price news, steel scrap buyers, stainless steel, buy steel pipe
Steel Market Update Steel Buyers Sentiment Index was measured at +16 down 7 points from the +23 registered during the middle of November survey and back to the exact same level measured at the beginning of November. Any reading above zero ...
It is reported that most of the stainless steel service centers in Taiwan announced to remain its prices unchanged for December in response to the list prices of Yieh United Steel Corp. As per report Yusco announced to keep its December ...
Tags: stainless steel, steel scrap buyers, steel suppliers, buy steel pipe
In an interview to The Hindu, Mr S Chandrasekaran CEO of Bhilai Steel Plant's discussed the challenges and the prospects of BSP. Q - BSP planned an elaborate modernization and expansion Plan – what is it? SC - SAIL is in the ...
Tags: Bhilai Steel Plant, Hindu, raw material resources, steel market
Steel market in China got a jerk with slight improvement.More than the quantum it was the temperament which was encouraging.In the backdrop of healthy growth in manufacturing activity for the first time in 13 months in November,according to ...
Tags: steel market, PMI, HSBC, economic stability