Brazil steelmaker Gerdau has welcomed the idea of a regional bank that could connect the BRIC (Brazil, Russia, India, China) nations, an executive told reporters recently. According to Gerdau’s CEO, Jorge Gerdau Johanpeter, the ...
Tags: Brazil, Gerdau, Metallurgy, Mineral
In the January-July period this year, Ukraine-based Azovstal, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, saw a 13.6 percent decrease in its crude steel production to 2.308 million mt and a 16.8 ...
Tags: steel production, steel, Mineral
China exported 8.06 million mt of finished steel in July this year, up 14 percent month on month, while it exported 49.07 million mt of finished steel in the first seven months, rising by 36.9 percent year on year, according to data issued ...
Tags: Steel Export, Steel
Whereas China's steel output has remained at high levels as domestic steel demand has indicated some increases due to the Chinese government's stabilization policy and also given the significant rises seen in export volumes, the growth ...
As of August 4, inventory of iron ore at 33 major Chinese ports amounted to 110.99 million mt, down 0.88 million mt or 0.79 percent compared to the inventory level recorded on July 28, as announced by China's Xinhua News Agency on August 5. ...
Ukrainian mining and steel producing group Metinvest was forced to cut production volumes, due to the complicated situation in the market, SteelOrbis has heard. Metinvest will slow down all new orders and focus on fulfillment of earlier ...
Tags: Metallurgy, Mineral, Energy, Steel
Alacero, the Latin American steel association, has reported that in the first half of this year finished steel imports from China to Latin America increased by 65 percent year on year to 4 million metric tons. Latin America, which ...
Tags: Metallurgy, Mineral, Energy, Steel
China exported 7.07 million mt of finished steel in June this year, down 12.39 percent month on month, while it exported 41.01 million mt of finished steel in the January-June period of the year, rising by 33.6 percent year on year, ...
Tags: Metallurgy, Mineral, Energy, Finished Steel, Steel
On July 8, China's Ministry of Commerce (MOC) announced that during last week (June 30-July 6) the overall average finished steel price in China decreased by 0.1 percent compared to the previous week. Last week, the average prices of ...
Tags: Finished Steel, Steel, Metal
Alacero, the Latin American steel association, has reported that in the first five months of this year finished steel imports from China to Latin America increased by 81 percent year on year to 3.4 million metric tons. Latin America, which ...
Tags: Metallurgy, Mineral, Energy, Finished Steel, Steel
Dneprovsky Iron and Steel Works named after F. Dzerzhinsky (DMKD), a subsidiary of Ukrainian steel producer Industrial Union of Donbass (ISD), plans to increase its production in the current month. In particular, in July DMKD plans to ...
Tags: Metallurgy, Mineral, Energy, Iron, Steel
Prices of imported iron ore in China have continued to decline since the start of the summer, while domestic crude steel output is still at high levels amid increases in steel exports, though domestic demand for steel products has remained ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
In the January-June period this year, Ukraine-based Azovstal, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, saw a 10.6 percent decrease in its crude steel production to 2.040 million mt and a 17.3 ...
Tags: Metallurgy, Mineral, Energy
Russkaya Stal (Russian Steel), a non-prot association of Russian domestic steelmakers, has reported that its main member enterprises produced 4.77 million mt of finished steel in May this year, up 2.5 percent from April and also increasing ...
Tags: Metallurgy, Mineral, Steel
Alacero, the Latin American steel association, has reported that in the first four months of this year apparent finished steel use in Latin America and the Caribbean totaled 22.25 million mt, up one percent year on year. The highest ...
Tags: Finished Steel, crude steel