The China Iron and Steel Association (CISA) has stated that in late January (Jan. 21-31) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.604 million mt, down 0.53 ...
Tags: China, Crude Steel, Mineral
According to statistics released by the Japan Iron & Steel Federation (JISF), Japan’s shipments of cold rolled (CR) sheets and strips totaled 496,022 tons in last December, rising by 2.8% from a month ago while falling by 5.6% year on ...
Reportedly, Chinese largest stainless steel producer Taigang Stainless announced to boost its stainless production by around 10% to 3.4 million tons in 2013, bring pressures to the Taiwanese steelmakers. It’s known that Taiwanese ...
The US-based steel industry analysis firm, World Steel Dynamics rated Korean Posco as the world’s most competitive steelmaker for 2013 in a survey of 34 world-class steelmakers, making it on top of the list for the fourth consecutive ...
Tags: steelmaker, steel industry, steel
Reportedly, the three major steelmakers in Korea planned to raise the ex-work prices of hot rolled steel products for February due to higher input costs and weak sales. Industry sources said that the scrap prices have jumped substantially ...
Tags: steelmakers, hot rolled steel products, hot rolled steel
On February 1, Nanjing-based Meishan Mining Company, a subsidiary of Chinese steel giant Baosteel, announced that in January this year its output of iron ore concentrate totaled 240,200 mt, up by 72,800 mt year on year. Apart from its ...
Tags: Mining produces, iron ore, steel giant
On January 31, Shandong Province-based Shandong Iron and Steel Co. issued its anticipated financial results for 2012. Accordingly, Shandong Steel has estimated a net loss of RMB 3.57 billion ($568 million) for 2012, compared to a net ...
It’s reported that the Brazilian steelmakers are seeking to raise the prices of steel flat products in order to improve profits. The Brazilian steel industry stayed in difficult situation in 2012 due to slow economy in international ...
According to the latest data released by Statistics South Africa, in December 2012 the country's producer price index (PPI) for domestic output in the manufacturing sector decreased slightly by 0.1 percent compared to the previous month and ...
Tags: steelmakers, manufacturing sector, iron, steel
Brazilian miner Vale plans to reduce its 50 percent shareholding in Companhia Siderúrgica do Pecém (CSP), a slab making joint venture with South Korean steelmakers POSCO (20 percent) and Dongkuk (30 percent), according to ...
Tags: steelmakers, miner, Vale
Reportedly, Egyptian rebar producers are expected to increase their price about US$30-US$59 /ton early next month. Recently, the currency against the US dollar shows weak trend. Since the Egyptian steelmakers purchase the raw ...
Tags: rebar, Egypt, company news
Reportedly, the US steelmakers including AK Steel, ArcelorMittal North America and Nucor have announced to raise the prices of steel flat products by US$44~US$55/ton recently. It’s said that the steelmakers increased the prices ...
In the month of December last year, Spanish crude steel output amounted to 780,000 mt, decreasing 25.7 percent month on month and down five percent compared to December 2011, according to the Spanish steelmakers' association Unesid. The ...
Tags: crude steel output, crude steel, steel
It's reported that Brazilian steelmakers' intention to hike domestic steel prices is being considered possible but is anticipated difficult and questionable. According to UK bank HSBC analyst Mr. Jonathan Brandit that there ...
Tags: Brazil, steel, steel prices
In 2012, 38 converters were put into operation in China, adding 45 million mt of new domestic crude steel production capacity, the China Iron and Steel Association (CISA) announced on January 28.32 of the converters were entirely new, with ...
Tags: Private Sector, Mineral, China, Crude Steel