Mr Zhang Changfu secretary general of the China Iron and Steel Association at an annual meeting about China's steel market outlook Saturday said that China is expected to witness 723 million tonnes of crude steel output this year, only a 3% ...
Tags: Steel Output, CISA, Steel, Construction
Mechel’s steel segment’s revenue from external customers in Q3 2012 amounted to USD 1.7 billion or 63% of the consolidated net revenue, a decrease of 10.4% over the segment’s revenue from external customers of USD 1.9 ...
Tags: steel segment, Mechel, steel, Steel Management
The ratings on the Russian vertically integrated steel group OAO Severstal are constrained by our view of the highly cyclical, capital-intensive, and competitive nature of the steel industry. Steel margins are relatively weak, and in our ...
Tags: steel group, steel, iron ore, coking coal mining
The manager of China Steel Corp the largest steelmaker in Taiwan indicated that t the company's allocation of cold rolled and hot rolled steel products has been overbooked in the first quarter of next year. He added that the overbooked ...
Tags: China Steel Corp, cold rolled steel, hot rolled steel, overbooked
According to the Japan Iron&Steel Federation,in the steel market of the USA,prices of hot-rolled,cold rolled and hot-dip galvanized steel sheets/coils rose by USD 30 to 40 from the previous month.Price rise of flat products from the ...
Analysts at Credit Suisse Group cut the recommendation on preferred shares of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA to "underperform" from "neutral," saying recent gains in the price of the stock are probably ...
Billet market was upward at the start of the week due to higher ex rate. Billet size 150 mm was priced at IRR 15,900,000 per tonne on truck in Anzali including 5% VAT by it became downward and finished the week at IRR 15,500,000 per tonne, ...
Tags: Iran Steel Market, Market Trend, Billet market, Metallurgy
Pakistan established themselves this week as firmly ahead of their Indian competitors with a greater aggression to buy at better numbers. Indeed, the Danish built, ABS class, full spares panamax bulker 05TSEE MERCHANT considered to be a ...
Tags: Transportation, Ship, container vessels
December has generated some heat in the European flat steel market with mill in major steel producing countries hiking price by EUR 10 per tonne to EUR 20 per tonne. Combination of supply driven and bid to eke out better price in Q1 2013 ...
Tags: steel market, major steel producing countries, hiking price
Chung Hung Steel, the subsidiary of Taiwan's China Steel Corp. has announced its November sales revenue totaled NT$3.124 billion, decreasing by 2.7% from a month ago. However, Chung Hung Steel said that its shipping volumes in November ...
Tags: Chung Hung SteelChina Steel Corp, sales revenue, decreasing
China Steel Corp. (CSC) is going to release its list prices for electric furnace (EF) Al-killed wire rod prices for next January. Industry sources predicted that the firm would remain the prices unchanged at NT$21,200/ton since the ...
Tags: China Steel Corp, electric furnace, Al-killed wire rod, steel market
The oversupply problem has made the Taiwanese coating steel mills worry about the steel market in the first quarter of next year even though some market participants expect the demand might become better next year. Yieh ...
Tags: steel market, Steel Mills, steelmakers
The Germany-based service center Damstahl reported that the European crude stainless steel output totaled 1.6 million tons in the third quarter of this year, decreasing substantially by 20% from a quarter ago while rising by 2% year on ...
Tags: Stainless steel, Construction, steel demand
The manager of China Steel Corp. (CSC), the largest steelmaker in Taiwan indicated that t the company’s allocation of cold rolled and hot rolled steel products has been overbooked in the first quarter of next year, He added that ...
Tags: Steel, steelmaker, steel products, steel mills
Reportedly, the steel market in Europe continues to face downturn. As 2012 is coming to an end, the buyers are extremely reluctant to place orders but steel mills are hiking prices, hoping to get better results at the reopening in ...
Tags: Carbon steel, Steel Market, Russian Mills