According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, business slowed down due to the holiday period in many long steel markets worldwide, but the balance of supply and ...
Tags: IREPAS, long steel products, steel markets
As of January 11, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in major steel markets in China totaled 14.017 million mt, up 388,000 mt compared to the previous ...
Tags: steel inventory, steel products, steel
The Australian sharemarket rose yesterday as China's stronger-than-expected trade data fuelled hopes of an economic rebound for Australia's biggest trading partner. Fortescue Metals added 2.3 per cent after China reported a $US31.6 ...
Tags: sharemarket, China, trade data, stocks
It’s reported that several steelmakers in Brazil have recently announced to raise the steel selling prices in January as the surged prices of iron ore and coking coals have boosted the input costs. It’s known that the selling ...
Tags: Brazil, steel, selling prices, iron ore, coking coals
The Australian sharemarket closed higher to end a three day run of losses and defy market falls in the US and Europe. At the close today, the benchmark S&P/ASX200 index was 17.9 points, or 0.38 per cent, higher at 4708.1, while the ...
Tags: Australia, sharemarke, US, Europe
The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
The sharemarket had it biggest fall in five weeks yesterday, with financial, material and industrial stocks leading the decline as global equity markets lost momentum following strong gains last week after the resolution of the US ...
Tags: sharemarket, financial, material, industrial stocks, global equity markets
DATA showing only modest growth in US jobs during December dampened expectations that the Federal Reserve will bring its bond-buying program to an end sooner than expected, weighing on the greenback and helping lift the Aussie dollar in the ...
The sharemarket struggled to gain traction yesterday as investors traded cautiously after seven straight weeks of gains. The benchmark S&P/ASX 200 closed down 6.5 points,or 0.1 per cent,at 4717.3.It hit a 19-month high of 4750.7 in early ...
Tags: sharemarket, stocks, heavyweight stocks, fiscal
Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...
Tags: Kumba final results, operating, saftey, marketoutlook
Taiyuan Iron and Steel Group Co Ltd,the world's largest stainless steel producer by output,plans to increase its product exports by about 52%to 500,000 metric tonnes next year. Experiencing a weak market at home and overseas,it will ...
China Steel Corp.(CSC),the largest carbon steel producer in Taiwan is going to release its price policy for March on January 18th.Market participants forecasted that CSC might raise its list prices for March,driven by the firm's improved ...
Ms Tatiana Prazeres, the interim minister of development, industry and foreign trade said that the 5.3% decrease in Brazilian exports in 2012 occurred primarily due to declines in international commodity prices, a shrinking European market ...
Within a couple of days first Fortescue Metals' Nev Power and then Rio Tinto's Sam Walsh have warned that the remarkable rebound in iron ore prices won't last. Others are not as sure. Earlier this week, Power attributed the sharp rise in ...
Tags: Iron Ore, Fortescue Metals'Nev Power, Rio Tinto's Sam Walsh, Metallurgy
Kumba's results for the twelve months ending 31 December 2012 ("the period") will be released on SENS on or about 12 February 2013. Headline earnings and basic earnings for the period are likely to be at least 20% lower than the previous 12 ...
Tags: Trading Statement, twelve months, 2012, Kumba