An insider from China's Ministry of Industry and Information Technology (MIIT) has disclosed that the ministry is carrying out checks on a second batch of domestic steel enterprises to see whether they conform with required standards in the ...
Tags: Steel Overcapacity, MIIT
JSW Steel, one of the largest Indian steelmakers, has posted a 40 percent year-on-year increase in crude steel production to 991,000 mt in July 2013. According to the company's statement, in first quarter of the current fiscal year JSW ...
Tags: Crude Steel Output, Mineral
It’s reported that the Indian steelmakers are seeking to raise hot rolled coil (HRC) prices recently due to increased steel prices in international market and depreciated Rupees. However, market participants said that the Indian ...
Tags: Steelmakers, HRC Prices
Zhang Changfu, vice chairman of the China Iron and Steel Asociation (CISA), has recommended the cancellation of the exemption from three percent import tax for wear-resistant steel as well as the cancellation of the exemption from 17 ...
According to data released by the Hebei Metallurgical Industry Association, Chinese Hebei Province exported 7.2203 million tons of finished steel products in the first half of this year. In the given period of time, Hebei Province’s ...
Tags: Finished Steel, Mineral
It’s reported that the Japanese steelmakers are seeking to raise the hot rolled coil (HRC) prices as the depreciated Japanese Yen has led the prices of imported raw materials surge substantially. Recently, Nippon Steel & Sumitomo ...
Tags: Steelmakers, HRC Prices
It’s reported that EZZ Steel and Beshay Steel, the two major rebar producers in Egypt will cut rebar prices by EGP150/ton to EGP4, 800/ton for August, due to weak demand in Ramadan. Meanwhile, the Turkish rebar producers offered ...
Tags: Steelmakers, Rebar Prices
Brazilian steelmaker Usiminas said it may not raise the steel price again in the short term after it lifted up prices twice this year. The company will adjust the price by following the change in the international market. The company ...
Tags: Usiminas, Flats Prices
It’s reported that the Japanese steelmakers have hiked the prices for steel long products recently, supported by stable demand from construction industry and higher steel and raw material prices. Nippon Steel & Sumitomo Metal ...
It’s reported that Chung Hung Steel, one of the major carbon steelmakers in Taiwan released its prices for September. Chung Hung Steel decided to raise its list prices for hot rolled and cold rolled steel products by NT$400/ton ...
Tags: Chung Hung Steel, Mineral
As of July 22, inventory of iron ore at 25 major Chinese ports amounted to 73.45 million mt, indicating a decrease of 0.84 million mt or 1.33 percent week on week, as announced by China's Xinhua News Agency. As of the same date, the ...
Tags: Iron Ore Inventory, Chinese Ports
It’s reported that three major steelmakers in North America announced to raise prices for section steel products further by US$30/ton. Also, the steelmakers have hiked prices of section steel products for consecutive ...
Tags: Steelmakers, Section Steel
It’s reported that Taiwan’s China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan released its price policy for September. CSC decided to remain list prices for all its products unchanged for September deliveries ...
Tags: Taiwan's CSC, Mineral
It’s reported that Korea’s rebar market has become sluggish as demand from the country’s construction sector has become weak due to heavy rainfall. At present, the selling prices of SD400 rebar with diameter of 10mm ...
Tags: Rebar Market, Mineral
It’s reported that China Steel Corp (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for steel bar and wire products for September. Industry sources predicted that CSC might remain its list ...
Tags: Steel Bar, Wires List