It's reported that the Chinese steelmaker Shagang announced to cut its rebar ex-work prices by RMB80/ton for deliveries during September 21-30. After the adjustment, its prices for HRB400 rebar with diameter 16-25mm are at RMB3, 580/ton, ...
Tags: Construction, Rebar
It's reported that Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) predicted that its shipments of cold rolled (CR) steel products would be at around 118,000 tons in September, falling by 17% from a month ago. MMK expected to ...
Tags: Construction, steel
The Chinese steelmaker Benxi Steel announced to remain the list price for all its steel flat products unchanged for October. After adjustment, the prices for Q235 hot rolled coils with sizes of 3.0mm x 1,500mm x C are at RMB3,670/ton; those ...
Tags: Steel, Construction, Steel Flats
It's reported that the Korean steelmaker Hyundai Steel planned to start ordering equipment for the new specialty steel long product plant at its Dangjin works in October. The new plant will own capacity of 1 million tons of specialty steel, ...
Tags: steel, Construction
Steel Dynamics Inc. (STLD) provided a third-quarter earnings outlook, with the top of the range in line with Wall Street expectations, as the steelmaker said it expects profitability from steel operations to increase from the second ...
Tags: Construction, steel
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that it has suspended its plan for a non-public offering of its shares against the background of sluggish demand in the steel markets and negative conditions ...
Tags: steelmaker, steel markets
Reportedly, the Chinese steelmaker Wuhan Iron and Steel Co. (Wisco) issued its price policy for October. The company decided to increase its prices for hot rolled steel products by RMB50/ton for October. After the adjustment, its prices for ...
Tags: HRC, steel, Construction
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan will release its list price for electric furnace (EF) Al-killed wire rods for October at end of September. Industry sources predicted that the company would remain its list ...
The Indian steelmaker JSW Steel said that its crude steel output totaled 985,000 tons in August, rising by 29% year on year. In August, JSW Steel's production of flat rolled products totaled 824,000 tons, soaring by 60%; that of long rolled ...
Tags: Construction, steel
BEIJING-Signs of more appetite in China for steel and other materials and equipment used in construction add to evidence of an economic rebound, but one driven by a return to ramped-up spending on infrastructure and heavy industry the ...
Tags: Steel, Metallurgy, Mineral, Energy
It is reported that Korea's Hyundai Steel fired up its third blast furnace, a move interpreted as to grab market share from POSCO and Japan for supplying the cars and ships industry. Hyundai Steel started its first blast furnace in 2010 to ...
Tags: Hyundai Steel, Construction, steel
It's reported that Chinese steelmaker Baosteel announced to raise its domestic prices for October. Baosteel remained its hot rolled coil prices flat but cut its preferential discount of RMB100/ton, making the prices rise. Meanwhile, the ...
Tags: Construction, steel
It is reported that the Italian steelmaker Riva Steel announced all its production plants, including transport services will cease starting September 12. Ilva, which is part of Riva Steel is not affected by this decision. The Riva family ...
Tags: Steel, Construction
It's reported that the Korean steelmaker Hyundai Steel said that it planned to raise its export prices of H-beam products by US$10~US$15/ton for September. After the adjustment, the new export prices of its base-sized H beams would be at ...
Tags: Steel, H-Beam, Construction
It might sound ridiculous for a steelmaker to raise pigs, but Chinese steelmaking firms are showing unprecedented interest in non-steel businesses to cope with the challenge of low profits amid a downturn. Non-steel business turnover of ...
Tags: steel, Non-Steel, Construction