During the recent Los Angeles Auto Show,the all new 2013 Ford Fusion was named Green Car Journal's 2013 Green Car of the Year®due to what the magazine's publisher,Ron Cogan,describes as its"game on attitude."The Steel Market Development ...
Tags: Los Angeles Auto Show, new 2013 Ford Fusion, Green Car Journal's 2013
Imported iron ore market,improved by 2%breaking 10 days hiatus.The prices of raw materials went up while,prices of steel products kept stable,indicating a typical sign of rebound. Increased steel production touching 1.9599 million tonne ...
Taipei, Dec.5, 2012 (CENS)--Being optimistic about steel markets in Southeast Asia and to tap preferential tariffs in Association of Southeast Asian Nations (ASEAN), Formosa Plastics Group's (FPG) is investing to build a steel mill in Ha ...
Tags: steel, ASEAN, FPG, steel mill, preferential tariffs
November heralds the beginning of price retracing as the winter sets in and 2012 draws to close. Irrespective of some glimmer in HSBC PMI index climbing to 50.4 this week in 13 months fragility of demand and global economy continues to ...
MMK Metalurji finished products output in 9 months 2012 was 748,000 tonnes up 2.7x YoY. Production in Q3 2012 totalled 211,000 tonnes. Revenue from the Turkish steel segment for 9 months 2012 was USD 637 million up 117% YoY. Revenue in Q3 ...
Q2 1012 apparent consumption down more than 12% YoY Stocks reduced further Demand seen falling almost 9% in 2012 Market to remain depressed well into 2013 Timid recovery in H2 2013 In Q2 2012, EU apparent steel consumption fell by ...
Tags: EUROFER, steel consumption, steel market
Billet market continued downward trend during week 48 in Iran. Billet size 150 mm was priced at IRR 14,700,000 per tonne on truck in Anzali port including 5% VAT and IRR 14,300,000 per tonne in Imam Khomeini port. Some buyers were bidding ...
The Chairman of Tycoons Group, one of the major steel long products suppliers in Taiwan said that it planned to complete the construction of its electric furnace (EF) mill in Thailand at the end of 2013. Also, once the new mill starts ...
Reportedly, most of the stainless steel service centers in Taiwan announced to remain its prices unchanged for December in response to the list prices of Yieh United Steel Corp. (Yusco). It's learned that Yusco announced to keep its ...
Tags: Stainless Steel, stainless steel service centers, Stainless Steel prices
RT reported that Russia's steel giant Severstal is closing down its Italian steel producer Lucchini in December. Falling demand is cutting the steel maker's profits making it leave the area along with other Russian companies. Lucchini SpA ...
Tags: steel giant, Severstal, Lucchini
Optima Specialty Steel Inc said that demand for specialty-steel products used in hydraulic fracking is poised to continue rising next year as energy companies step up exploration and production in shale-rock formations. Mr Kevin Stevick ...
Tags: Optima, Optima Specialty Steel, steel tubing
Market participants from Italy believe that the panic on closure of Ilva will spread around all domestic operators including distributors, Steel service centers and rerollers etc. As per some experts, it is difficult to imagine the ...
It's reported that Fitch Ratings has downgraded steel giant Posco's long-term Issuer Default Rating (IDR) and senior unsecured rating to "BBB+" from "A-". Meanwhile, the short-term IDR was at "F2." In 2011 and 2012, high levels of debt ...
Tags: steel, debt to fund investments, steel industry, debt levels
Reportedly, Egyptian Steel, a joint venture between Egypt and Qatar has made it public of its plans to gain the market share of 20% to 25% of Egypt's steel market after commencing production in full of its production facilities. It's ...
Tags: Egypt's steel market, production facilities, growing plans, IPO
Q2 2012 activity remained weak Large country differentials as capacity shifts from west to east Sluggish demand outlook 2013 Supply pressures will remain high Production activity in the electric domestic appliances industry in the ...