Century Iron & Steel Industrial Co., one of the major steel structures suppliers in Taiwan, said its sales revenue totaled NT$1.035 billion in the fourth quarter of last year, rising by 93.5% from a quarter ago and jumping by 145.3% year on ...
Tags: Century Iron&Steel Industria, steel structures, steel market
It’s reported that the Chinese steelmaker Anyang Steel recently released its plan for 2013. In 2013, the company planned to produce 7.75 million of crude steel, 8.3 million tons of pig iron and 6.7 million tons of finished steel. ...
Tags: Anyang Steel, steel market, steel
It's reported that China Steel Corp (CSC) in Taiwan announced that it would raise prices by an average of 3.08% on domestic products for March delivery, marking the company's highest price increase in more than a year. The main factors ...
Tags: China Steel Corp, Taiwan, steel market
Last week, the Taiwanese stainless steel market remained quiet, with the stable nickel price of over US$17,000/ton, the stainless steel mills planned to lift the price further, but it still needs time to see the possibility. The Chinese ...
Tags: Taiwan, stainless steel, steel market
Reportedly, Taigang Stainless, the largest stainless steel producer in China announced to cut the 300 series stainless steel price by US$50/ton but it increased the 400 series stainless steel price by US$50/ton for February. Currently, ...
Tags: Taigang Stainless, stainless steel, China
On January 17, Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of Chinese steel giant Baosteel Group, issued its financial results for 2012, indicating a net profit of RMB 155 million ($25 million), down ...
Tags: Bayi Steel, Nanjiang Steel, steelmaker
The China Iron and Steel Association (CISA) has stated that in early January (Jan. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1,674,900 mt, up 3.8 percent ...
Tags: crude steel output, crude steel, Iron, Steel
According to a statement released by the Turkish Iron and Steel Producers' Association (DCUD), in 2012 Turkey's crude steel production rose by 5.2 percent year on year reaching 35.9 million mt. The DCUD said that Turkey's crude steel output ...
Tags: crude steel output, crude steel, Iron, Steel
Reportedly, Mexican steelmaker ArcelorMittal Lázaro Cárdenas (AMLC) has announced to start its special steel slabs production. The product would be applied for top quality to produce pipelines to transport sour gas which ...
Tags: ArcelorMittal Lázaro Cárdenas, special steel slabs, steel market
It’s reported that Posco has announced to increase the prices for cold rolled coils (CRC) for China by US$10~US$20/ton during January-February for 2013. Currently, the Chinese steel market is expected to pick up and it has been ...
Tags: Posco, cold rolled coils, metal industry
ArcelorMittal Flat Carbon Europe (FCE) announced to hike its price for steel flats by €50/ton further in order to reflect increased steel prices in international market. It’s known that ArcelorMittal FCE increase its prices ...
Tags: steel, steel price, steel flat products
Fujian Province-based Chinese steelmaker Sangang Minguang Co. Ltd has announced an estimated net loss of RMB 164-291 million ($26-46 million) for 2012. In the first three quarters of last year, the company’s net loss had totaled RMB ...
Tags: Sangang Minguang, net loss, steel market
The American Iron and Steel Institute (AISI) reported Monday that US raw steel production rose 3.6 percent in the week ending January 12, following a 3.9 percent drop the previous week. Total raw steel production in the United States ...
Tags: US, raw steel, exports, steel market
The Chinese steelmaker Shagang released its estimated adjusted financial result for 2012 on January 11st, 2013. In 2012, the company realized a net profit of RMB13~RMB40 million, slumping by 85%~95% from a net profit of RMB278 million in ...
Tags: Shagang, steel, Net Profits, financial result
Recently, the prices of hot rolled coils (HRC) have remained flat at INR35, 750~INR36, 250/ton in the Indian domestic market even though the local steelmakers increased the prices. Last week, the major steel mills in India such as ...