Reportedly China’s Iron and Steel Association (CISA) said that it would support Brazil’s Vale docking its giant Valemax ore carriers at China if that would lead to decreases in iron ore costs for its members. Zhang Changfu, ...
Tags: CISA, iron ore costs, iron ore market
According to data released by the Japan Iron and Steel Federation (JISF), Japan imported 648,000 tons of steel products in last December, falling by 3.1% from a month ago and decreasing by 13% year on year. Among them, 360,000 tons were ...
Tags: steel products imports, steel products, specialty steel products
In December 2012, Japan's industrial production increased 2.5 percent from the previous month, showing a month-on-month increase after two months of downward movement, while a decrease of 7.8 percent was recorded compared to December of the ...
Tags: iron output, steel output, steel production
According to the customs statistics released by the Japanese Ministry of Finance, Japan's iron and steel product exports in December 2012 amounted to 3.87 million metric tons, increasing by 23.5 percent compared to the same month of 2011 ...
Tags: steel exports, steel, steel product
In the fourth quarter of last year, the crude steel production of Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) totaled 2.969 million mt, down 11.6 percent compared to the previous quarter. In addition, for the whole of 2012, ...
Tags: finished steel output, finished steel, steel production
Sichuan Province-based Chinese steelmaker Chengdu Iron and Steel, a subsidiary of Pangang Group, has announced its production and operating targets for 2013. Accordingly, Chengdu Steel expects to achieve an operating revenue of RMB 11.5 ...
Tags: Steel targets, steelmaker, Iron, Steel
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has proposed that the definition of coking coal should be changed to promote and encourage the iron and steel industry to shift their manufacturing base to new and ...
Tags: coking coal, iron industry, steel industry
According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in 2012 the country's iron and steel exports stood at $11.3 billion, while its exports ...
Tags: TUIK, iron and steel exports, 2012
On January 31, Shandong Province-based Shandong Iron and Steel Co. issued its anticipated financial results for 2012. Accordingly, Shandong Steel has estimated a net loss of RMB 3.57 billion ($568 million) for 2012, compared to a net ...
Antonio Gozzi, president of the Italian iron and steel industry Federacciai, has stated that, according to the latest estimates, in 2013 Italian crude steel output may be similar to that of 2012, remaining at around 27 million metric tons, ...
Tags: Antonio Gozzi, iron and steel industry, 2013
US iron ore production in 2012 has been estimated at 53.2 million mt,down slightly compared to the 54.7 million mt recorded in 2011, owing to reduced steel consumption and destocking, according to the "US Geological Survey, Mineral ...
On January 31, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co., Ltd issued its preliminary financial results for 2012. Accordingly, Hebei Steel has posted an estimated net profit of RMB 13.8-345.7 million ($2.2- 55 ...
Tags: Hebei Steel, steelmaker, steel prices
The China Iron and Steel Association (CISA) has stated that in 2012 the aggregate net profit of its 80 member steel enterprises in China totaled RMB 1.581 billion ($252 million), down 98.22 percent year on year. Meanwhile, last year the ...
Tags: Steel Association, CISA, steel enterprises
According to the latest data released by Statistics South Africa, in December 2012 the country's producer price index (PPI) for domestic output in the manufacturing sector decreased slightly by 0.1 percent compared to the previous month and ...
Tags: steelmakers, manufacturing sector, iron, steel
On January 31, Anhui Province-based Chinese steelmaker Ma’anshan Iron and Steel Co. (Masteel) issued its anticipated financial results for 2012. Accordingly, Ma’anshan Steel has estimated a net loss of RMB 3.72-3.95 billion ...
Tags: Masteel, steelmaker, Steel