The Steel Recycling Institute declared that the recycling rate for the world’s most recycled material steel is at an all time high of 92%. More than 85 million tonne of steel scrap was consumed by steelmaking furnaces in 2011 an ...
Tags: Steel Recycling Institute, recycled material steel, steelmaking
Japan's largest electric steelmaker Tokyo Steel Mfg Co has increased what the company pays for locally available ferrous scrap by JPY 500 to JPY 1,000 per tonne for the whole grades at all the company's facilities, effective with December ...
Tags: Japan, Tokyo Steel Mfg Co, ferrous scrap, JPY
According to the data provided by the Turkish Statistical Institute (TUIK), in November 2012 Turkey's steel scrap imports fell 14.4 percent compared to October and were down 9.4 percent compared to the same month of 2011, amounting to 1.7 ...
Tags: TUIK, November, 2012, Turkey, steel scrap
US railroads in 2012 hauled less coal, by far the largest commodity to travel by rail, but made gains in other commodity groups, such as petroleum products, which saw growth of more than 46%, according to annual traffic data released ...
Tags: US Rail Traffic, Coal Woes, Oil Loads Climb, Chemicals
Mr SK Tripathi CDM of MSTC spoke to Excerpts of Business Line about how the high dividend paying company is reengineering its strategies to adapt to changing economic realities and improve profitability. Q-How has the economic slowdown ...
Tags: economic, revenue, market, E-commerce
The recycling rate for steel has reached an all-time high of 92%, according to a recent announcement from the Steel Recycling Institute, an industry association that promotes the recycling of all steel products. In 2011, more than 85 ...
Tags: recycling rate, steel, Steel Recycling Institute, steel products
According to data released by the Pakistan Federal Bureau of Statistics,Pakistan's iron and steel scrap imports amounted to 100,673 tonne in November this year,decreasing 47.6%compared to October and down 24.7%YoY.The value of the iron and ...
Tags: PFBS, iron, steel scrap, Pakistan
Business Recorder reported that the Federal Board of Revenue has decided to collect adjustable sales tax at 5%on the value of imported goods or INR 1600 per metric tonne,whichever is higher,on the import of re meltable iron and steel scrap. ...
Tags: FBR, STSPR, sales tax, steel scrap, Pakistan
According to the Spanish steelmakers association Unesid,in November this year Spanish crude steel output amounted to 1.05 million mt,down 14 percent year on year. In the first 11 months of the current year,Spain's crude steel output ...
Tags: Spain, Spanish steelmakers association, Spanish crude steel output
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
Coming close on the heels of chipping of scrap market about a week ago on subdued Turkish buying off late some activity is noticeable. Reportedly Turkish mills have become perceptibly confident hiking rebar offers by USD 10 per tonne to ...
Tags: Turkish mills, rebar, scrap collection, scrap market
According to the Mineral Industry Survey released by the US Geological Survey, stocks of imported and domestic scrap in the US at the end of September 2012 amounted to 3.6 million tonne, slightly up compared to the end of August. Exports ...
Tags: stocks, Mineral Industry Survey, scrap, iron scrap, steel scrap
During the SteelOrbis fall 2012 conference&67th IREPAS meeting held in Munich on September 30-October 2,Peter Marcus from World Steel Dynamics(WSD)has assessed the current situation in the world steel industry and provided an outlook for ...
Tags: SteelOrbis, 67th IREPAS meeting, Munich, WSD
In November this year, the purchasing managers' index (PMI) of China's steel sector was 49.2 percent, down 3.5 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) which is part of the ...
Tags: stainless steel, steel scrap, steel pipe, steel
Started from December 2011, Wuhan Iron and Steel (Group) Corp second 7 meters large scale coke oven was finally put into operation on November 28th 2012. As the most advanced coke oven made at home, the new coke oven is capable to produce ...
Tags: steel pipe, steel scrap, high carbon steel, steel roll forming