Business Line reported that the Union Government has accorded approval for extending navaratna status to Rashtriya Ispat Nigam Ltd for a year that is till November 2013. The company's performance, investment of huge amounts in expansion ...
Tags: Rinl Navratna, approval, steel market, iron
Business Standard reported that te steel makers in Chhattisgarh are mulling a plan to block the transportation of iron ore from the NMDC facility if the mining major fails to take any decision to cut the price. Chhattisgarh Sponge Iron ...
Tags: Chhattisgarh Steel, steel market, steel, steel price
SteelHome China Steel Price Index (SHCNSI) registered at 94.38 points on November 21, down 0.15 percent over the previous trading day. Long Steel Products Market Construction steel: Market price dropped CNY 10-50 per tonne in East ...
Tags: Steel Index Report, steel, steel price, China steel price, Steel Market
New regime began on cautious note harping upon stability. Steel market in China and more so in the globe had kept their fingers crossed expecting radical stimulus package to shake slumberous Chinese economy. Mellowed tones at the Communist ...
Tags: steel market, steel, Chinese steel market, Chinese economy
PTI reported that seeking immediate intervention of Steel Ministry, steel producers from Karnataka said they may have to shut their shops due to shortage of iron ore and its higher prices. As per report, there are 37 units which are ...
Tags: Ore Crisis, steel, steel market, Indian steel
The Jakarta Post reported that low average selling price of steel resulting from an oversupply in the domestic market hit earnings of the country's major steel producers in the first nine months of this year. Mr Edward Pinem executive ...
Tags: Industry Trends, Fasteners, steel
At the SteelOrbis Fall'11 Conference&65th IREPAS Meeting held in St.Petersburg on September 25-27,we found the opportunity to meet Ugur Dalbeler,the General Manager of Turkey-based Colakoglu Metalurji and IREPAS chairman and we discussed ...
Tags: SteelOrbis Fall'11 Conference, 65th IREPAS Meeting, St Petersburg
* Baosteel leaves November prices unchanged from October * Other major steel mills remain wary of demand SHANGHAI, Oct 11 (Reuters) - An unexpected price freeze by a top Chinese steel mill signals that other players in the world's biggest ...
Tags: Industry Trends, Fasteners
With demand from downstream customers remaining lukewarm in the face of an uncertain global economic outlook, China Steel Corp (CSC) decided to keep domestic contract steel prices for June unchanged. The nation's largest and only integrated ...
Tags: Industry Trends, steel
General director of Belarus'leading steel producer Byelorussian Steel Works(BMZ),Anatoly Savenok explained his company's abilities,investment plans and commented on the current and future market situation for SteelOrbis. What is BMZ's ...
Tags: Byelorussian Steel Works, SteelOrbis, Anatoly Savenok, steel market
According to a Reuters calculation based on data released by World Steel Association, the daily rate of global crude steel production rose slightly in February 2012 from a month earlier, helped by a seasonal demand pickup in top producer ...
Tags: Industry Trends, fastener
For the first time this year, China Steel increased on Feb. 21, 2012 quotes for hot-rolled steel for April and May by NT$450 per metric ton, signifying the gradual upturn of its business. Tu Chin-ling, executive vice president of China ...
Tags: Market View, Steel
TAIPEI – China Steel Corp., Taiwan's largest steel producer by revenue, said Tuesday that it will raise domestic April-May prices by an average of 1.11% compared with March, on the back of a recent recovery in global steel prices, Dow ...
Tags: Industry Trends, Fastener
The whole production capacity of stainless steel industry will further release, downstream demand growth is slowing down, influenced by export policy, the international situation, European anti-dumping and the debt crisis, stainless steel ...
Tags: market view, china, Stainless Steel
In terms of whole steel industry market in this year, on the one hand iron ore prices increase, the other hand is international and domestic economic slowdown, which leading to market demand reduce. In general, the overall steel industry is ...