South Africa's primary carbon and alloy steel product imports (excluding semi-finished steel, stainless steel and drawn wire) amounted to 55,207 mt in March this year, decreasing by 57.7 percent compared to February and down 39.5 percent ...
Tags: Carbon, Alloy Steel
Russia-based pipe producer United Metallurgical Company (OMK) has stated that in the current year it plans to invest a total of RUB 18 billion ($0.5 billion) in the development of its facilities, including RUB 7 billion ($0.2 billion) in ...
Tags: pipe, railway wheels
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the first quarter this year, reporting a net loss of €27 million, down from a net loss of €81 million in the corresponding quarter of ...
Tags: coal output, coking coal
International credit rating agency Moody's has announced that it has upgraded the Turkish steel producer Erdemir's corporate family rating to Ba3, affirming the rating outlook as stable. Moody's stated that the upgrade was prompted by ...
Tags: steel producer, credit rating
US recycler Metalico expects domestic ferrous scrap pricing to remain under pressure until the American scrap export market improves, it said Thursday. First-quarter US scrap exports were at an eight-year low, leading domestic exporters ...
Tags: Steel Scrap, ferrous scrap
The seaborne iron ore market ended a brief two days of gains Thursday as buying activity failed to hold up. Platts assessed the 62% Fe Iron Ore Index at $103.25/dry mt CFR North China Thursday, down 75 cents/dmt on the day. Despite spot ...
Tags: Iron Ore Market, Iron Ore
Strong domestic mill pricing appears to be filtering, slowly but surely, through the supply chain, market sources said Tuesday. Service centers have no choice but to increase their pricing for end-users, though realized prices are still ...
Tags: Steel Sheet, Downstream Markets
Major Chinese steelmaker Baosteel has announced that it has signed a cooperation agreement with Hubei Province-based car producer Dongfeng Renault Automotive Co Ltd. The agreement will cover five separate projects during the 2014-15 period. ...
The proposed Minnesota ban on lead wheel weights for all vehicles within the state, including passenger and commercial vehicles, has passed a final vote in both the state house and state senate and is awaiting the signature of Gov. Mark ...
Tags: Auto Parts, Auto
Bosch's Automotive Aftermarket Business Division has announced its Diamond level sponsorship of the Ford/AAA Student Auto Skills competition, helping mentor future technicians who have shown a passion for the automotive service industry. ...
Tags: Auto Parts, Accessories
Mechel, one of the leading Russian mining and steel groups, has announced that its crude steel output in the first quarter of the current year decreased by 21 percent to 1.031 million mt compared to the same period last year. In the first ...
Tags: Crude Steel, mining, steel
On May 13, China's Ministry of Commerce (MOC) announced that during last week (May 5-11) the overall average finished steel price in China declined by 0.2 percent compared to the previous week. In the given week, the average prices of ...
Finland-based stainless steel producer Outokumpu has announced that it is delivering about 4,000 mt of duplex stainless steel for the Husab uranium mine project in Namibia, Africa. Outokumpu's stainless steel will be used in tanks, pressure ...
Tags: Stainless Steel, Namibia Project
According to the Ukrainian association of metal producers Metallurgprom, crude steel production in Ukraine will total 2.45 million mt in June this year, pig iron output will total 2.35 million mt, while Ukrainian production of rolled steel ...
Tags: Crude Steel, metal producers
In April this year, the average aggregate daily crude steel output in China amounted to 2.2947 million mt, up 1.2 percent compared to the average daily figure recorded in March this year and constituting a new record high, as announced by ...
Tags: Crude Steel, Steel Output