Yemeni steelmaker Star Company is seeking a possible new investor after its Chinese partner announced it intends to sell its shareholding. The works has a plasma furnace-based billet plant with annual capacity 43,000 tons and a 60,000 ...
Tags: steelmaker, Yemeni Star, rebar mill
Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the full year 2012. In 2012, Kardemir posted a net profit of TRY 194.25 million ($107.8 ...
Tags: long steel producer, long steel, Kardemir
As of March 8, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in the major steel markets in China totaled 22.316 million mt, up 565,000 mt week on week and ...
Tags: finished steel inventory, finished steel, cold rolled coil
Egypt plans to increase sales taxes on six goods to raise state revenues by around EGP13bn (roughly $2bn), in a bid to curb the budget deficit to meet International Monetary Fund (IMF) preconditions for a $4.8bn loan, Ahram has reported. ...
Tags: Egypt, Sales Tax, State Revenues
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that its Yanshan iron ore mine produced 263,700 mt of iron ore concentrate in the January-February period of the current year, exceeding the target for the ...
Tags: Iron Ore Concentrate, steelmaker, China
It’s reported that Egyptian Ezz Steel announced to hike the hot rolled coil (HRC) ex-work prices by EGP110/ton to EGP4, 965/ton for March, affected by higher input costs and depreciated Egyptian pound. Market insiders predicted that ...
Tags: HRC Prices, Egyptian Ezz Steel, Steel
Wuhan Iron and Steel Corp. (Wisco), a Hubei Province based leading Chinese steel and iron group has used 200mm x 200mm continuous casting large billets to produce nearly 90,000 tons of enhanced strength HRB400 rebar, accounting for almost ...
Turkey exported 553,202 tons of rebar in January, falling by 29% year on year and decreasing by 11.6% year on year, according to statistics released by the Turkish Statistical Institute (TUIK). Meanwhile, the country’s export ...
Tags: rebar exports, rebar, rebar industry
Japan exported 21,000 tons of rebar in January with export revenues of 920 million yuan. The export prices averaged at 44,425yuan/ton. Among them, 20,000 tons were export to Korea with average prices of 43,993 tons yuan and 276 tons ...
Tags: rebar exports, rebar, steel
Emirates Steel (ESI) will increase the output at its heavy sections mill from 25,000-30,000 tons to 45,000-50,000 tons per month in the second quarter of this year. The company will aim the construction projects in the Gulf Cooperation ...
Tags: Steel, heavy sections mill, rebar
It's reported that steel rebar futures at Shagnhai Futures Exchange (SHFE) fell for a second day to the lowest level in more than six weeks on nine consecutive weeks of climbing inventories in China, showing a sign of oversupply in the ...
Tags: Steel rebar, Steel.rebar
According to the data provided by the Turkish Statistical Institute (TUIK), in January this year Turkey's rebar (including round bar) exports amounted to 553,020 metric tons, decreasing by 29 percent compared to the previous month and down ...
Tags: rebar exports, rebar, rebar industry
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that the construction of the China Guangfa Bank (CGB) building in Wuhan city has used over 10,000 mt of high-strength HRB 400 rebar produced by ...
Tags: WISCO, rebar, steelmaker
According to report, Peru’s steel long product maker Acero Arequipa said its shipments in 2012 reached 925,000 tons in 2012, rising by 17% from 2011. Aceros Arequipa’s delivered 90% of total products in domestic market. The ...
Tags: steel long product, steel, steel product
Feng Hsin, one of the major steel long product makers in Taiwan announce to remain its list prices for rebar, section steel and scrap unchanged for this week. Also, the company has kept the prices unchanged for consecutive two weeks. ...
Tags: rebar prices, rebar, steel long product