New orders in the German steel market stabilized on year-on-year basis in the fourth quarter of 2012, according to the German steel federation Wirtschaftsvereinigung Stahl (WV Stahl). In the quarter in question, rolled steel orders in ...
Tags: Rolled steel, steel market, steel orders
Demand is stable, prices are decent, and struggling end-use sectors seem to be on the rebound, yet the US long product market remains relatively stagnant. Speakers at SteelOrbis' annual Rebar & Wire Rod Conference in Las Vegas on February 4 ...
Tags: Rebar, Wire Rod, Colakoglu Steel
Tang Eng, one of the major stainless steel producers in Taiwan, has followed up with Yieh Unite Steel Corp. (Yusco)'s step to hike its February stainless steel product prices. Tang Eng's vice general manager said that since LME nickel ...
Tags: stainless steel producers, stainless steel, stainless steel market
The European Steel Association (EUROFER) has stated that the EU steel market is expected to continue to slow down in the first quarter of the current year, despite several economic indicators edging up since November 2012. "We do expect a ...
Tags: Steel, steel market, steel industry
On February 3, Chongqing-based Chinese steelmaker Chongqing Iron and Steel Co. (Group) Ltd announced that its output of crude steel amounted to 5.2225 million mt in 2012, while its sales revenue for the year reached RMB 25.916 billion ...
Tags: Steel, crude steel output, steelmaker
On January 31, Beijing-based Chinese steelmaker Shougang Co., Ltd issued its preliminary financial results for 2012. Accordingly, Shougang has posted an estimated net loss of RMB 300-400 million ($48-64 million) for 2012, compared to a ...
Tags: Beijing, steelmaker, Shougang, preliminary financial results
On January 31, Shandong Province-based Shandong Iron and Steel Co. issued its anticipated financial results for 2012. Accordingly, Shandong Steel has estimated a net loss of RMB 3.57 billion ($568 million) for 2012, compared to a net ...
Liaoning Province-based Chinese steelmaker Angang Steel Co. (Ansteel) has issued its estimated financial results for 2012, announcing a total net loss of RMB 4.16 billion ($662 million), compared with a net loss of RMB 2.146 billion in ...
Tags: Ansteel, steelmaker, steel prices
On January 31, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co., Ltd issued its preliminary financial results for 2012. Accordingly, Hebei Steel has posted an estimated net profit of RMB 13.8-345.7 million ($2.2- 55 ...
Tags: Hebei Steel, steelmaker, steel prices
On January 31, Zhejiang Province-based Chinese steelmaker Hangzhou Iron & Steel Group Company (HISGC) announced its preliminary financial results for 2012, indicating a net loss of RMB 380 million ($61.3 million), compared to a net profit ...
Tags: Steel posts, steelmaker, steel industry
On January 31, Anhui Province-based Chinese steelmaker Ma’anshan Iron and Steel Co. (Masteel) issued its anticipated financial results for 2012. Accordingly, Ma’anshan Steel has estimated a net loss of RMB 3.72-3.95 billion ...
Tags: Masteel, steelmaker, Steel
On January 29, Guangxi Zhuang Autonomous Region-based Chinese steelmaker Liuzhou Iron and Steel Co., Ltd issued its financial results for 2012. Accordingly, Liuzhou Steel has posted an estimated net profit of RMB 121 million ($19 million) ...
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Reportedly, Argentina's largest steel maker Techint Group announced that the company planned to expand their steel plant by adapting new modernize technology to boost operations, and improve capacity in order to meet the market requirement. ...
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Reportedly, the US steelmakers including AK Steel, ArcelorMittal North America and Nucor have announced to raise the prices of steel flat products by US$44~US$55/ton recently. It’s said that the steelmakers increased the prices ...
Indian steel giant Tata Steel said that its Jamshedpur integrated work will start to run full production in this quarter. The new capacity will increased to 9.7 million tpy from currnet 6 million tpy. The expansion was mainly in ...
Tags: Tata Steel, India, steel market