2012 can be certainly be christened as a Doomsday year in Chinese steel industry with market buried under an avalanche of overcapacity pushing prices down by more than 12 % YoY. The malaise is evident from the fact that the estimated ...
Tags: Chinese steel industry, overcapacity pushing prices, steel market, China
Feng Hsin, one of the major steel long product makers in Taiwan announced to raise its rebar prices by NT$400/ton to NT$18,900/ton for this week. Besides, the company increased its scrap prices by NT$400/ton to NT$11,500~NT$12,200/ton for ...
Tags: Feng Hsin, steel, Taiwan, rebar prices
2013 had crackling opening in China with steel leaping by 1%on the first working day.Even though it was not a surprise since the tempo had been set at the beginning of Q4 with the resounding economic pouring in.Ensuing optimism on raw ...
The Indian Long Product Price Index ILPPI surged by 23 points on December 24, 2012, whereas Indian Flat Product price index IFPPI has also gone up by 2 points. The overall Indian Steel Price Index INDSPI inclined by 13 points. ...
Tags: India, Long Product Price, Flat Product price, steel price
Metinvest BV the parent company of the international vertically integrated steel and mining group of companies published a trading update for the nine months of 2012 ended 30 September, 2012. 9 moths 2012 FINANCIAL HIGHLIGHTS 1. ...
Tags: Metinvest BV, steel, mining, company news
Winter is typically characterised by scrap taking centre stage in long product pricing. Lean period of scrap collection in the havens of US and Europe is pivotal in determining the cost and price for long product. Long product price ...
Tags: steel scrap, steel, scrap collection, rebar, wire rod
Winter is typically characterised by scrap taking centre stage in long product pricing. Lean period of scrap collection in the havens of US and Europe is pivotal in determining the cost and price for long product. Scrap level zoomed in ...
Tags: long product pricing, steel price, Europe, scrap
PT Gunung (Gunung Steel Group), Indonesia, has awarded an order to SMS Siemag, Germany, for the planning and supply of a gas cleaning system for an ARCCESS ® electric arc furnace and has thus decided in favor of a tailor-made ...
Tags: SMS Siemag, X-Pact electrical and automation package, dust-laden gases
According to the data from Peruvian customs agency Sunat, the imported rebar rose more than three times from previous month to 21,052 metric tons in November. The country imported 253,056 tons of long products from January to November. ...
Tags: rebar, rebar imports, drill pipes
The Indian Long Product Price Index ILPPI surged by 1 point on December 19,2012,whereas Indian Flat Product price index IFPPI has gone down by 4 points.The overall Indian Steel Price Index INDSPI declined by 2 points. ...
Tags: Steel Price Index, Weak Trend, India
China Steel Corp. (CSC), the largest carbon steel producer in Taiwan is going to release its list prices for electric furnace (EF) Al-killed wire rods for next January. Market insiders predicted that CSC might remain its list prices ...
Tags: Long product, rod flat, CSC
According to statistics released by the Department of Commerce (DOC), the US’s exports of heavy section totaled 102,635 tons in October, jumping by 54% from a month ago. Among them, the exports to Mexico surged substantially by ...
Tags: Long product, heavy section, Construction
The Indian Long Product Price Index ILPPI has dropped by 1 point on December 18, 2012, whereas Indian Flat Product price index IFPPI has also gone down by 18 points. The overall Indian Steel Price Index INDSPI declined by 9 points. ...
Tags: India, Steel, Price Index
A year after Apple co-founder Steve Jobs' death, the company has changed, analysts said today. Oh, no it hasn't, said others. There's no question that in the 12 months since Jobs' death on Oct. 5, 2011, Apple has remained a powerhouse ...
Tags: Steve Job, Apple, analysts, powerhouse
According to the data from Peruvian customs agency Sunat, the imported rebar rose more than three times from previous month to 21,052 metric tonnes in November. The country imported 253,056 tonnes of long products from January to ...
Tags: imported rebar, long products, steel long product, imported drill pipes