According to data released by the American Iron and Steel (AISI), the US steel mills' shipments totaled 8.29 million short tons in October, rising by 5.2% from a month ago and increasing by 11.5% year on year and rising by 5.2% from a month ...
Tags: Construction
World crude steel production in November this year increased by 3.6 percent year on year to 127.36 million metric tons, while a 5.14 percent decline was observed on month-on-month basis, according to the World Steel Association ...
Tags: Crude Steel, Mineral
The American Iron and Steel Institute (AISI) reported Friday that for the month of October 2013, US steel mills shipped 8,287,553 net tons, a 5.2 percent increase from the 7,879,747 net tons shipped in the previous month, September 2013, ...
Tags: Metallurgy, Mineral, Energy, Mill
Japanese steel mills have finished their negotiation with Chinese buyers about the price of cold rolled non grain oriented steel (CRNGO), increasing by US$20~US$30/ton for January, 2014 shipment. However, the negotiated price of CRNGO has ...
Tags: steel, metallurgy, price
Nucor Corporation announced Tuesday guidance for its fourth quarter ending December 31, 2013. Nucor expects fourth quarter results to be in the range of $0.35 to $0.40 per diluted share.This range represents a decrease from both third ...
According to media report that weak Purchasing Managers' Index for China released by HSBC dropped to 50.5 in the month of December sending the signal of sluggish economy of China to Chinese equities and futures markets. As results, the ...
Taigang Stainless, the largest stainless steel producer in China is going to negotiate with Korean steel mills about export prices of Austenite cold rolled stainless steel products for next February. It is reported that Asian stainless ...
Tags: stainless steel, metallurgy
In October this year, Turkey's slab imports amounted to 140,068 mt, decreasing by 29.50 percent month on month and down 8.87 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The total value ...
Tags: Metallurgy, Mineral, Slab
It is reported that SMS Siemag, global leading equipment and service provider for metallurgical plant and rolling mill technology for steel, aluminum and nonferrous metal industry worldwide is about to make investment in Iran's steel ...
Tags: steel, metallurgy
In the week from December 2 to December 8, on the Orbis Steel Index the scrap indexes started to move upwards. In the given week, the Turkish rebar index indicated sideways movement for the first time in six weeks, while the Turkish flat ...
Tags: steel, metallurgy
It is reported that on Tuesday the steel rebar prices in Shanghai futures advanced to record high since the middle of last month to RMB3,702/ton. The overall Chinese steel price index also went up by 3 points. It is analyzed the ...
Tags: steel, metallurgy
Australian miner Atlas Iron has announced that it has completed a number of new sales contracts for its direct shipping iron ore from the Pilbara region of Western Australia. The contracts signed pertain to existing production rolled-over ...
Tags: Atlas Iron, Australian mine
It is reported that Myanmar's Public Works of the Ministry of Construction and Japan's JFE Engineering Corporation has formed a joint venture to construct the steel mill in Yangon's Thakayta Township to undertake production of steel ...
It’s reported that the world's second largest steel group, China's Hebei Iron and Steel reported its first nine months net profit in 2013 dropped by 68.17% year on year. The company said the main attributes are the sluggish steel ...
Tags: metallurgy, steel
According to report from China Iron & Steel Association, the 86 members steel mills’ October profit dropped to RMB 1.716 billion, down by 47.5% from September of RMB 3.266 billion, the highest in the year. 18 members reported losses ...
Tags: overcapacity, iron and steel, profit