Taiwan's largest steelmaker China Steel Corporation (CSC) has announced that in April this year its carbon steel sales volume decreased by 3.55 percent to 807,346 metric tons, compared to March, accounting for 65 percent of domestic sales. ...
Tags: Carbon Steel, Steel
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has stated that it has mastered reinforcing bar production from At800 steel grade. According to the company's statement, such bars are characterized by high strength, ...
Tags: steel, Magnitogorsk, Iron
Molybdenum oxide and European ferromolybdenum soared higher Thursday as sources said the market was being driven by extreme tightness for oxide powder. The Platts daily dealer molybdenum oxide assessment climbed to $13.70-14.20/lb on ...
Tags: Molybdenum oxide, ferromolybdenum
Steel mills finalized their May scrap procurements in Ohio -- the last major US region to settle and the highest-priced -- late Thursday and into Friday, sources said. A majority of sales were concluded on a delivered mill basis at ...
Tags: Steel Mills, Ohio market
We had the opportunity to speak with Kim Marti Subirana from Celsa Group, the president of IREPAS, during the SteelOrbis Spring 2014 Conference & 70th IREPAS Meeting held on March 30-April 1 in Barcelona. Mr. Marti, how do you view the ...
Tags: Metallurgy, Mineral, Steel
The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the full financial year 2013-14 ended March 31, posting a net profit of JPY 242.75 billion ($2.4 billion), ...
Tags: Steel, Metallurgy, Mineral
In March of the current year, steel product orders, including specialty steels, booked by domestic sectors in Japan amounted to 4.81 million metric tons, up 0.42 percent compared to March 2013 and up 2.02 percent compared to February, ...
Tags: Steel Product, specialty steels
Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for the first quarter of the current year, posting a net profit of TRY 100.8 million ($48.4 million), ...
Tags: long steel, pig iron
Based on the US Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of April total ...
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the first quarter of the current year, reporting a net profit of ZAR 322 million ($31.1 million), compared to a net loss of ZAR 275 million ...
Tags: steel producer, ArcelorMittal
Luxembourg-based ArcelorMittal, the world's largest steelmaker, has announced its financial results for the first quarter this year. Regarding the 2014 outlook, ArcelorMittal has lowered its global steel demand growth guidance to 3-3.5 ...
Tags: Steel Demand, steelmaker
On May 9, the China Iron and Steel Association (CISA) announced that in late April (Apr. 21-30) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7959 million mt, up 2.66 ...
Tags: Crude Steel, Iron and Steel
In April this year, Germany's crude steel output decreased by 8.4 percent month on month to 3.71 million metric tons, rising by 3.9 percent compared to April 2013, according to the information provided by the German steel federation ...
Tags: Crude Steel, flat steel
India imported around 15.86 million mt of coal at 24 major ports in April, up 6.45% from March, according to data released Wednesday by Indian ship broker Interocean. The April imports consisted of 12.3 million mt of thermal coal, up ...
Tags: thermal coal, April imports
Transactions between US steel mills and ferrous scrap dealers remained in line Wednesday -- the tail end of the May buying period -- with price levels seen earlier in the period. Shredded scrap sales remaining $15/lt below April ...
Tags: Steel Mills, Scrap