It is reported that Latin American steel demand will rise to 5% in 2014. The country's GDP growth is expected to boost steel demand growth, but the increase is not significant. Steel demand will be mainly affected by the national ...
Tags: Latin American, steel demand, rise, steel
Hsin Kuang Steel, one of the major steel service centers in Taiwan, announced its combined sales revenue in last December totaled NT$829 million, increasing by 17.51% from November. Also, its combined sales revenue in the fourth quarter ...
Tags: taiwan, Construction, Decoration
It is reported that Japan's Trade Ministry said the 2014 season Japan finished steel demand is expected to 0.6% up slightly. If this prediction were able to accomplish, it means that Japan’s steel demand would drop slightly by 0.1% ...
Tags: steel, metallurgy
According to the Japanese Ministry of Trade (METI), Japanese demand for crude steel in the first quarter of 2014 is expected total 27.85 million mt, decreasing by 1.4 percent from the fourth quarter output forecast made in the third ...
Tags: Crude Steel, Mineral
According to the forecast made by the Ministry of Economy, Trade & Industry (Meti), Japan’s steel demand will be at 27.85 million tons in the first quarter of 2014, up slightly by 0.6% year on year and increasing by 1.4% from a ...
Tags: steel, metallurgy
Indonesia-based steelmaker PT Krakatau announced that the company president Susilo Bambang Yudhoyono has inaugurated PT Krakatau Posco on December 23, the joint venture between South Korean steel giant POSCO. This integrated steel mill is ...
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 is reported that the Korean steel giant POSCO firmly believes that POSCO plant's 3rd Finex iron making facilities under construction will be completed in January next year, as planned. However, two construction workers killed in the ...
Tags: Construction, Steel
Steel Dynamics, Inc. provided fourth quarter earnings guidance Tuesday in the range of $0.21 to $0.25 per diluted share. The estimate compares to $0.25 per diluted share reported for the third quarter 2013 and $0.27 per diluted share ...
Tags: steel, metallurgy
The growth rate of China's steel demand will decline from 6.3 percent this year to 3.2 percent in 2014 in the wake of the country's economic transformation and the government's efforts to improve the environment. The nation's steel ...
Tags: steel, steel demand, China
It is reported that the demand for steel in Association of Southeast Asian Nations (ASEAN) countries in the first half of 2013 surged by 17% from a year ago. Besides, the imports of finished steel products also increased by 14.6% year on ...
Tags: Steel, Construction
China's crude steel consumption for 2013 is estimated at 693 million tonnes and it is expected to grow 3.2 percent year on year to reach 715 million tonnes in 2014, an industry expert said on Friday. Given China's current production ...
Tags: Construction, Steel
China's iron ore imports have been decelerating since 2011, and that trend is set to continue next year with estimated growth of 6.25 percent, said an industry expert on Friday. China will import 850 million metric tons of iron ore in ...
Tags: Iron Ore, Metallurgy, Mineral
At the 75th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris on December 5-6, the participants discussed the slow growth prospects in the global steel market, exchanged views on the effect ...
Tags: steel, metallurgy, OECD
According to a report released by the South East Asia Iron and Steel Institute (SEAISI), in the first half of this year, demand for steel in ASEAN (Association of Southeast Asian Nations) countries increased 17 percent year on year. Among ...
Tags: ASEAN, steel demand, steel, steel imports