Minmetals Development Co., China’s largest integrated steel trading and logistics services provider announced that its sales forecast report recently. According to its report, Minmetals Development expected that it may loss RMB ...
On Tuesday, US trade representative Ron Kirk announced his resignation and plans to step down in February. No successor was immediately named although a couple international economic policy aides are said to be frontrunners. "From ...
Tags: US, Trade Representative, Ron Kirk
On Tuesday, the US Department of Commerce (DOC) announced the preliminary results of its administrative review of the antidumping (AD) order on cut-to-length carbon quality steel plate from Korea. The review originally covered seven ...
Tags: DOC, Steel, Steel industry
According to the Metal Industry Indicators report released by the US Geological Survey (USGS), the US economic recovery is supporting the growth of activity in the primary metals industry with modest metals demand from the manufacturing and ...
The American Iron and Steel Institute (AISI) reported Tuesday that US raw steel production rose 0.3 percent in the week ending January 19, following a 3.6 percent increase the previous week. Total raw steel production in the United States ...
According to statistics released by Japan’s Ministry of Finance, Japan produced 214,081 tons of hot rolled (HR) stainless steel products in last November, decreasing by 10.8% from a month ago while rising by 1.7% year on year. In ...
According to report, German steelmaker ThyssenKrupp sees its profit will fall this year on continuous bad market conditions. The growth will remain slow as demand from auto industry is expected to decline. The company’s five ...
Tags: ThyssenKrupp, profit, steel industry
In 2012, Brazil's crude steel output fell 1.5 percent compared to 2011 to 34.7 million metric tons, according to the Brazil Steel Institute (IABr). In 2011, Brazilian crude steel output had increased by 6.8 percent on year-on-year basis. ...
Inner Mongolia-based Chinese mining enterprise Desheng Industrial Group has carried out a hot run test on its new converter within the scope of its new special steel production project with a designed annual output capacity of 3 million mt, ...
Tags: mining enterprise, special steel production, steel industry
According to a statement from Malaysia's Ministry of International Trade and Industry (MITI), the government is determined to work with the domestic iron and steel industry to make it more competitive. Accordingly, Malaysia's import duty ...
Tags: steel, 18 steel grades, steel industry
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has warned that reducing India's 30 percent export duty on iron ore will harm the domestic steel industry which is currently experiencing a structural deficit of iron ore ...
Tags: ASSOCHAM, iron ore, India, metal industry
Reportedly, the steel giant ThyssenKrupp has announced ThyssenKrupp’s Steel Americas plants are still waiting for new buyer of the bidding on last Friday. Two plants are still being attractive for new potential buyers although ...
Tags: ThyssenKrupp, steel, steel industry
Reportedly, the world’s two major steelmakers ArcelorMittal and Brazil’s Siderúrgica Nacional have emerged as leading bidders for ThyssenKrupp AG’s access in the United States and Brazil. ArcelorMittal has ...
Tags: ArcelorMittal, steel, steel industry
According to study report of CARE Research, India’s steel demand could have annual growth by 6.7 % until financial year 2016-17, which is faster than the expected growth in Chinese during the same period. In line with domestic ...
Tags: India, steel demand, steel industry
In a federal bankruptcy court in Delaware Thursday, RG Steel's official committee of unsecured creditors asked for approval of a motion for an order that would allow them to settle certain claims on "behalf of the debtors' estates against ...
Tags: RG Steel, Steel, Steel industry