Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group Co. (JISCO) has announced that it has lately signed a strategic cooperation agreement with Yancheng, Jiangsu Province-based Chinese company Yueda Group. JISCO stated ...
Tags: steel, metallurgy
Russian pig iron and coking coal producer KOKS Group has announced that it is continuing negotiations to sell some of its Kemerovo-based assets, including the Vladimirskaya and Romanovskaya-1 coal mines, and a license to develop the ...
Tags: steel, metallurgy, iron
Jiangsu Province-based Chinese steelmaker Shagang Group Co. (Shagang Group) has announced that it has signed a strategic cooperation agreement with Kortrijk, Belgium-based Bekaert Group, one of the world's largest steel cord and wire ...
Tags: steel, metallurgy
Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel, has announced that it has achieved another significant milestone as its blast furnace No. 3 has produced in excess of its ...
Tags: steel, metallurgy
According to the American Iron and Steel Institute, in the week ending December 21, 2013, US domestic raw steel production was 1,733,000 net tons while the capability utilization rate was 72.3 percent. Production was 1,785,000 net tons in ...
Tags: iron, steel, metallurgy
Chinese steel mills are going to negotiate with Korean buyers about the export price of carbon steel hot rolled coil (HRC) for next February. So far, it is certain that the price would be surged by at least US$10/ton for next Jan-Feb ...
Tags: steel, metallurgy, HRC
It’s reported that Quintain Steel, one of the major wire rod producers in Taiwan released its price policy for next January. The company decided to cut prices for certain wire rod products by NT$500/ton. However, it remained the ...
Tags: steel, metallurgy
It’s reported that the Chinese steelmaker Shagang announced to cut its rebar ex-work prices by RMB50/ton for deliveries during December 21-31. After the adjustment, Shangang’s ex-work prices for HRB400 rebar with diameters of ...
Tags: steel, metallurgy
Due to the expected strong concern about the impact on the market, BlueScope's merge plan of taking over OneSteel's sheet and coil distribution business has hit a hurdle. It’s known that the proposed acquisition would remove ...
Tags: steel, metallurgy
The Korean steel giant POSCO announced that it began operation of its first blast furnace in Indonesia in order to fulfill the surging steel demand in the Southeast Asian country. The blast furnace is a joint venture project with Krakatau ...
Tags: steel, metallurgy
It’s reported that Gerdau Long Steel North America announced to raise its prices for rebar, merchant bars and beams. The company decided to hike its prices for rebar and merchant bars by US$10/short ton. It also increased beam ...
Tags: steel, metallurgy, price
The transaction prices of China Steel Corp. (CSC)’s Al-killed finished steel wires have dropped further to NT$24,000/ton in the Taiwanese market recently, falling by NT$500~NT$700/ton. Industry sources said that the prices might ...
Tags: CSC, metallurgy
Reportedly, the major steelmakers in the US, Nucor, ArcelorMittal and NLMK have announced to raise its steel sheet prices. The three companies set a minimum spot base prices of US$700/short ton for hot rolled coils and US$810/short ton ...
Tags: steel, metallurgy
Chung Hung Steel, one of the major carbon steel flat product manufacturers in Taiwan is expected to raise its prices for next January, supported by higher demand from Southeast Asia, Europe and the US and Chinese steel mills’ ...
Tags: steel, metallurgy, Taiwan
Reportedly, the major stainless producers in the US announced to cut alloy surcharges for stainless flat products for January. North America Stainless cut its alloy surcharges for 304 grades to 65.09 cents/lb. for next January from ...
Tags: stainless, metallurgy