In March this year, the purchasing managers index (PMI) for the Chinese steel sector stood at 44.2 percent, up by 4.3 percentage points as compared to February, indicating the first rise after three consecutive month-on-month declines, as ...
Tags: Steel Sector, raw material
Speaking at the SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting in Barcelona, Franc Cardona, the marketing and international affairs director of Spanish steel producer CELSA Group, stated that margins in the long steel product trade ...
Tags: Steel, Metallurgy, Mineral
The SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting has started in Barcelona today, March 31, with the participation of over 250 executives, including 101 representatives from 47 steel producer companies and 44 representatives from ...
Tags: Metallurgy, Mineral, Energy, Steel
According to the latest data released by Statistics South Africa, in February this year the country's producer price index (PPI) for the basic iron and steel industry increased by 1.4 percent compared to January and was up 12.5 percent ...
Tags: Steelmakers, iron, steel industry
An industry group representing Chinese iron ore miners aims to satisfy 50% of the country's annual iron ore consumption with domestic supply by 2025, up from the current 30%, via consolidation and expansion of mining companies, a senior ...
Tags: Iron Ore, Domestic Supply, Chemicals
The promotion of new projects in the automotive industry will break a new steel production record for Mexico, pointing to some 19 million tons, said Hugo Solis, president of Mexico’s chapter of the Association for Iron and Steel ...
The European Steel Association (EUROFER) has stated that 64 CEOs of European steel companies have urged the heads of state and governments in Europe to restore the balance between industrial, energy and climate policies in order to preserve ...
Tags: Steel, Mineral, Energy, industrial
The steel industries of the entire nation have served as the most promising industrial sectors that have always been aimed at by the global business leaders as the very source of contributions to the Indian economics. Most of these ...
Tags: steel industries, good business knowledge, Ferro Alloys Manufacturer
China's iron ore import prices are likely to come under pressure in March, as the expected increase in domestic steel output is unlikely to offset the impact of persistent iron ore oversupply in China, the China Iron & Steel Association ...
Tags: Iron Ore, Steel Demand
On March 5, Chinese Premier Li Keqiang delivered his government work report during the opening meeting of the second session of the 12th National People's Congress (NPC) in Beijing, stating that in 2014 China's GDP is expected to grow by ...
Tags: Steel Capacity, Mineral
The profitability of steelmakers based in China's Hebei Province remained low in 2013, with 16 percent of key steel companies in the province suffering losses, according to media reports citing the recent 2014 board meeting of the Hebei ...
Tags: steelmakers, steel industry
AK Steel announced Monday that it has reached a three-year agreement with the United Steelworkers Local 169 for workers at its Mansfield, Ohio plant. “We are pleased to have reached a new labor agreement at our Mansfield Works ahead ...
Xinchuang Li, deputy secretary general of the China Iron and Steel Association (CISA), has stated that the issue of overcapacity in China's steel industry has become very serious, while adding that slow economic growth and economic ...
Tags: Steel Industry, Overcapacity
The government of China's Xinjiang autonomous region has stated that it is committed to eliminating 2.4 million mt of backward steel capacity within two years and will not approve new projects in the steel industry, according to its program ...
Tags: resolving severe overcapacity, Xinjiang, Metallurgy, Mineral&Energy
Australia's Atlas Iron said Tuesday it would double production at its Mt Webber mine in north Pilbara to 6 million mt by the end of the December quarter, now that the board has approved development of the project's second stage. ...
Tags: Atlas Iron, Mineral