Ukrainian metallurgical enterprises have continued the upgrading of blast furnaces by installing coal injection facilities amid gas price hikes and tough competition on the domestic and foreign markets in 2012. Mr Anatoliy Starovoit ...
Tags: metallurgical, gas price, coal injection facilities, Ukrainia
Anatolia News Agency reported that Turkeys iron and steel sector has been left up in arms by a recent United Arab Emirates decision to impose tariffs on Turkish steel imports. Mr Veysel Yayan secretary general of the Turkish Iron and ...
Tags: Import, steel sector, UAE market
YIEH reported that the CIS steel mills planned to raise the export quotes of pig iron after the New Year holiday,driven by higher prices of scraps and iron ore. It's said that the Ukrainian mills planned to raise the pig iron export ...
Tags: Iron Export, Offers, Russian
State owned Hindustan Copper's net profit during the April to November period of the current fiscal dipped by over 21.5%to INR 110.35 crore on account of subdued prices globally. The company,the only domestic player to produce copper ...
Tags: Hindustan Copper, copper ore, LME, India
Fitch Ratings forecasts that after a period of severe destocking in 2012,raw steel production in China will grow 3%to 4%in 2013.But the ratings agency also believes that Chinese steel demand has likely peaked and should grow at less than ...
In an interview with ET Now,Mr CS Verma CMD of NMDC,shares his business outlook and talks about the iron ore price cut. Q-There is a surprise move because the street was probably expecting a rise in prices.Why this 6%cut? A-We take a ...
The bi monthly SteelBenchmarker TM Chinese HRB ex works price rose 1.4%to USD 525 per tonne,after falling two consecutive times.The World export HRB price was flat at USD 553 per ton,FOB the port of export,after rising four consecutive ...
UAE market seems to has become averse to new bookings of HRC. Apart from slow demand aggressive offers by Chinese mills has stalled aspirations of Japanese and Korean mills. It is learnt that Japanese mills off late are reluctant to give ...
Tags: UAE market, new bookings, HRC, mills
West Midlands reported that utilising advanced hot rolling technology across its steel grades Ovako can supply Special Properties bars that deliver increased added value and significant cost savings when used in subsequent manufacturing ...
Tags: SP Bars, Ovako Deliver, Added Value, Component Producers
Wild Acre Metals has identified a new epithermal vein system near the Sambalay Chico prospect in Peru with initial assays returning 33 parts per billion gold,3.3 grams per tonne silver and 0.23%copper. Ground exploration located the ...
Tags: Wild Acre Metals, epithermal vein system, Sambalay Chico, Peru
It’s reported that the US scrap export prices to Taiwan have increased before the Christmas. It’s learned that the US scrap supplier offered HMS 80:20 (1&2) to Taiwan quoted at USD 380 per tonne C&F this week, rising by USD 5 ...
Tags: scrap, export prices, US, scrap price
As per latest market information from Europe, the steel market continues to face southward headwinds While the buyers are extremely reluctant to place orders as 2012 is coming to an end, steel mills are pushing up prices, hoping to get at ...
Tags: steel market, steel, steel mills, HRC prices
Billet market was upward till middle of week 51 and was IRR 15,800,000 per tonne on truck in Anzali including 5% VAT for size 150 mm. Then after declines in ex-rate, billet market became quiet with some downward prices. It finished the week ...
Tags: Iran, steel, billet market, downward prices
CHINA'S largest rare earths producer announced that it will continue to halt some of its production for a third month to help stabilize tumbling prices. The Inner Mongolia Baotou Steel Rare-earth Hi-tech Co will continue to suspend rare ...
Tags: Rare earth output, CHINA, rare earths producer, rare earths industry
The stupor in steel input material market was shaken with impressive gain in scrap, sponge iron and pencil ingot prices across the nation. Till last week market had been on decline raising questions about any revival. Poor finished ...
Tags: Steel Input Material Prices, India, scrap, sponge iron, pencil ingot price