Imported iron ore market,improved by 2%breaking 10 days hiatus.The prices of raw materials went up while,prices of steel products kept stable,indicating a typical sign of rebound. Increased steel production touching 1.9599 million tonne ...
According to an analysis of the industry by Frost & Sullivan, huge infrastructure spending in the Middle East is driving strong demand for steel and fuelling investment in steel projects. Crude steel production in the Middle East has ...
Tags: huge infrastructure, steel, steel projects, rude steel production
II . Economy i. Data of GDP The total output value of Shanxi Province in the year 2005 reached RMB 412.12 billion Yuan, Per capita gross output valve was RMB 12,320 Yuan, which is equivalent to US $1,530 according to the current ...
Tags: Shanxi, business, introduction to Shanxi, Shanxi economy, survey
Taipei, Dec.5, 2012 (CENS)--Being optimistic about steel markets in Southeast Asia and to tap preferential tariffs in Association of Southeast Asian Nations (ASEAN), Formosa Plastics Group's (FPG) is investing to build a steel mill in Ha ...
Tags: steel, ASEAN, FPG, steel mill, preferential tariffs
November heralds the beginning of price retracing as the winter sets in and 2012 draws to close. Irrespective of some glimmer in HSBC PMI index climbing to 50.4 this week in 13 months fragility of demand and global economy continues to ...
International credit rating agency Moody's has announced that the outlook for Asia's steel industry remains stable on the expectation that demand will increase modestly and that there will not be any significant additions to steel capacity ...
Tags: steel industry, International credit rating agency, Moody, steel export
Iran Daily reported that existence of huge iron ore, coal and natural gas reserves has provided the potential for Iran to become one of the world's major crude steel producers. Currently, 8 steel projects are underway in different parts ...
Russian steelmaker NLMK announced that its US based subsidiary NLMK Indiana broke all time production records in the first 10 months this year. During the January to October period, NLMK Indiana produced over 617,000 tonnes of slabs and ...
Production of molybdenum concentrates during the Q3 (July to September) of 2012 by major miners was 66.92 million pounds reflecting the downward trend since the beginning of 2012, following 69.28 million pounds during the Q1 (January to ...
Tags: Molybdenum, Molybdenum Production, Production of molybdenum concentrates
Moody's Investors Service predicted that Asian steel demand would rise slightly in next year. Also, it forecasted that China's steel demand would increase by 2%~4% in 2013. China's steel production and consumption accounted for 70% in ...
RT reported that Russia's steel giant Severstal is closing down its Italian steel producer Lucchini in December. Falling demand is cutting the steel maker's profits making it leave the area along with other Russian companies. Lucchini SpA ...
Tags: steel giant, Severstal, Lucchini
Recently, Emirates Steel said that its steel production jumped by 33% year on year in the first nine months of this year, driven by strong demand from construction sectors. Among them, the output of deformed steel bar increased by 10% and ...
In the week ending November 24, 2012, domestic raw steel production was 1,764,000 net tons while the capability utilization rate was 71.4%. Production was 1,809,000 tons in the week ending November 24th 2011, while the capability ...
Tags: raw steel production, steel products, steel production
Reuters reported that steelmakers in Brazil will likely witness a recovery in sales and a reduction in excess capacity next year as recent government measures to revive growth are bearing fruit. Instituto Aço Brasil said that ...
Tags: steelmakers, IABr, steel industry
The mystery of steel price plummeting amidst improving economic parameters in China can be imputed to destocking at the traders and stockiest end. Use of steel products particularly HRC as collateral for availing credit by the market ...
Tags: steel, steel products, iron, steel mills