It’s reported that Tokyo Steel announced to raise prices for all its steel products by 2,000~3,000/ton for November, supported by strong demand and tighter market condition. The company decided to hike its prices for steel long ...
Driven by firm steel prices in the Taiwanese domestic market, most of Taiwanese electric furnace (EF) mills’ third quarter sales have stayed firmly. Tung Ho Steel, the major rebar and H beam makers in northern Taiwan has reported that ...
Tags: domestic market, electric furnace
Russian steelmaker Severstal has announced its financial results for the third quarter and the first nine months of 2013. Accordingly, in the third quarter Severstal registered a net profit of $157 million, down 52.3 percent year on year. ...
Tags: Severstal, steelmaker
Feng Hsin, one of the major electric furnace mills and steel long products makers in Taiwan has announced to hike its rebar and scrap purchasing price for this week. Stimulated by the rise in international scrap price, Feng Hsin decided to ...
Tags: Feng Hsin, Rebar Prices
China's iron ore price will continue to drop in the fourth quarter of this year amid a fall in demand, according to new analysis. Demand has usually shrunk in the fourth quarter every year, especially in north China, and the corresponding ...
New analysis has showed China's iron ore price will continue to drop in the fourth quarter of this year amid a fall in demand. Demand has usually shrunk in the fourth quarter every year, especially in north China, and the corresponding ...
Tags: Iron Ore Price
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the third quarter and the first nine months of the current year, reporting a net profit of ZAR 248 million ($23.9 million) in the third ...
Tags: ArcelorMittal, South Africa, financial results, profit
It’s reported that the transaction prices of hot rolled and cold rolled steel products have decreased by around NT$100/ton in the Taiwanese market recently. The transaction prices of hot rolled steel products have dropped to ...
As of November 4, inventory of iron ore at 25 major Chinese ports amounted to 77.82 million mt, indicating an increase of 1.29 million mt or 1.68 percent week on week, as announced by China's Xinhua News Agency on November 4,. As of the ...
Tags: Iron Ore, Metallurgy, Mineral
After Yieh United Steel Corp. (Yusco) announced that the November price October 30th, Tang Eng decided to keep the November prices for its 200 and 300 series stainless steel products unchanged for November. Tang Eng said that it decided to ...
Tags: Metallurgy, Mineral, Energy, Stainless Steel
It's reported that the Korea's steelmaker Posco announced to remain its prices for stainless coils unchanged for November, in spite of rising nickel prices. After the announcement, its list prices for 304 grade hot rolled coils (HRC) are ...
Tags: steel, Construction, Decoration, Stainless Coil
Most domestic steelmakers are seeing an improvement in their third-quarter performance. Fifteen of the 20 listed steel companies that issued third quarter reports made profits, as opposed to last year, when up to 90 percent of the steel ...
Tags: Steel Industry, Steelmakers
Cleveland, Ohio-based Olympic Steel, Inc. announced third quarter net sales of $304.0 million, 11.3 percent lower than the $342.6 million reported in last year's comparable quarter. For the cumulative nine months, net sales were $972.9 ...
Tags: Steel, Metallurgy, Mineral, Energy
It's reported that the Chinese steelmaker Shagang announced to cut its list prices for hot rolled steel products by RMB200/ton for November. However, the company remained its list prices for medium heavy plates unchanged for November. After ...
Tags: HR Steel, steel, Construction
Mexican service center operator Grupo Collado announced this week that net sales fell by 9 percent in the third quarter of 2013 in comparison with the corresponding period last year, as a result of lower steel prices. Sales revenues ...
Tags: Metallurgy, Mineral, steel