On April 10, the China Iron and Steel Association (CISA) announced that in late March (Mar. 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.669 million mt, up ...
Tags: Crude Steel, Steel, Metallurgy, Mineral
As of April 7, inventory of iron ore at 33 major Chinese ports amounted to 108.28 million mt*, as announced by China's Xinhua News Agency. As of the same date, the Xinhua-China Iron Ore Price Index for imported iron ore with 62 percent ...
Tags: Iron Ore, Metallurgy, Mineral
JSW Steel, one of the largest Indian steelmakers, produced 12.7 million mt of crude steel in the financial year 2013-14 ending March 31, posting a 43 percent year-on-year increase. According to the company's statement, in the given period ...
Tags: Crude Steel, JSW Steel, steelmakers
The Turkish scrap import market moved up Thursday after a flurry of sales by European merchants. With mills still requiring April shipments, a number of bookings were heard in the market. One was confirmed coming out of the UK a couple ...
Tags: Steel Scrap, Scrap Market
The ferrous scrap market in eastern China remained quiet this week, keeping in step with the rebar market's trend. Demand from steelmakers has not fully recovered as the finished steel markets have remained sluggish. Media reports that ...
On March 28, the China Iron and Steel Association (CISA) announced that in mid-March (Mar. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6917 million mt, up ...
Tags: Crude Steel, Iron, 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
The ferrous scrap market was stable in eastern China this week, in tandem with the finished steel and rebar futures markets, market participants said Friday. Most traders were bearish, expecting further price cuts in the short term. ...
Tags: Ferrous Scrap, Rebar, finished steel
Shanghai Futures Exchange (SHFE) launched trading of hot rolled coil (HRC) futures contracts today, March 21, offering another hedging tool for steelmakers amid growing price volatility. The most traded HRC contract for October delivery ...
According to the Brazil Steel Institute (IABr), Brazilian crude steel production in the first two months of the current year amounted to 5.35 million metric tons, 0.1 percent lower year on year. In the same period, Brazilian rolled steel ...
Tags: Steel Exports, crude steel, steelmakers
The Ukrainian association of metal producers Metallurgprom has announced that in 2013 Ukrainian metallurgical enterprises saw their aggregate losses decline by 22 percent year on year,falling from UAH 15.7 billion in 2012 to UAH 12.2 ...
Tags: Ukrainian Metallurgical, Metallurgy, Mineral
East China's ferrous scrap prices fell sharply this week amid weaker raw material, finished steel and steel futures markets in the first-half of the week. Platts assessed heavy scrap over 6 mm at Yuan 2,320/mt ($377/mt) on a delivered ...
Tags: Ferrous Scrap, Raw Material, Steel Markets
Trader procurement continued to boost spot demand in the Asian iron ore market, as trades got concluded at increasingly higher levels on the day, supporting a firming market. The Platts 62% Fe Iron Ore Index rose $2.75/dmt to $111.50/dmt ...
Tags: Iron Ore Market, spot demand, steelmaker
Chinese steelmakers cut their scrap purchase prices steadily this week, following the downward trend in futures and steelmaking raw materials markets, led by Shagang Group, the country's largest scrap consumer in eastern China's Jiangsu ...
Tags: Steelmakers, Iron Ore, raw materials
As of March 10, inventory of iron ore at 25 major Chinese ports amounted to 103.21 million mt, indicating an increase of 2.17 million mt or 2.15 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore, Chinese ports, imported steel