Steelhome website publishes monthly report on China Steel Market, International Steel Market, HRC/CRC, Construction Steel, Medium Plate, Stainless Steel, Iron Ore, Coke, Scrap and Ferroalloy each month. Summary: 1 Review on China scrap ...
Tags: Scrap, Stainless Steel, Iron Ore, Coke, Ferroalloy, HRC/CRC
Reuters reported that energy over metals, raw over refined, sums up the likely theme for China's commodity demand next year. Commodity markets had become accustomed to China as a voracious consumer of resources, but 2012 showed that ...
Tags: Commodities Market, Market Trend, Metallurgy, Mineral Energy
Reuters reported that the European Commission is considering whether to hand out more free pollution allowances for the steel sector next year to counter the risk the industry could be driven out of Europe. EU sources said that the cost ...
Tags: steelmakers, steel sector, steel, steel industry
Tokyo Steel Manufacturing Co is relocating output to deal with rising power costs in the wake of last year's nuclear disaster. The company's president, Mr Toshikazu Nishimoto, said that higher electricity tariffs will push up costs for an ...
Tags: Steel shifts output, power costs, Steel Manufacturing, Steel
Visa Steel Ltd will sell new shares to fund INR 17 billion expansion and cut debt,as it tries to end six straight quarters of losses. Mr Vishambhar Saran chairman of Visa Steel Ltd said that the sale at the right price will reduce the ...
Tags: Visa Steel, shares, cut debt, six straight quarters of losses
Fives has just completed the acquisition of KEODS, a French company employing 12 people and providing high level assistance for the metal industry. KEODS brings to Fives its expert steelmaking consultancy skills in improving carbon steel ...
Recently,the Egyptian steelmakers have increase the ex-factory prices for steel products. It's learned that Ezz steel,the largest steel producer in Egypt announced to increase its ex-factory prices of steel products by EGP130/ton. ...
Tags: steelmakers, Prices, Beshay, global market
Reuters reported that Luxembourg based stainless steel maker Aperam is interested in buying the ThyssenKrupp Acciai Speciali Terni plant in Italy, the company said, joining what sources said was a list of possible bidders. Others ...
Tags: stainless steel maker, Aperam, ThyssenKrupp Acciai Speciali Terni
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
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
Standard & Poor's analyst Rafaela Vitoria said that demand for steel in Latin America is likely to increase 3-5% in 2013 on the back of GDP growth. Ms Vitoria told the S&P Global Metals & Mining 2013 Outlook that "A gradual ...
Tags: steel, Latin America, steel demand, GDP growth
Business Standard reported that amidst all the gloom surrounding the Indian steel sector, prices are again looking up showing signals of a better 2013. Some steelmakers have started to give out feelers to the market that steel prices ...
Tags: metals sector, India, steel, steel industry
NLMK North America announced to hike the prices for steel flat products by 4% for next January shipments. Meanwhile, it’s known that the major steelmakers in the US, including Nucor, AK Steel and ArcelorMittal North America have all ...
Tags: hikes steel flat product, hikes steel flat, steel flat products, steel
Reuters reported that spot iron ore touched 6 week lows as demand from top buyer China declined in tandem with falling steel prices, putting the raw material on course for its first monthly loss in 3. For November, iron ore is down 2% ...
Tags: spot iron ore, falling steel prices, first monthly loss
The two major steelmakers in the US AK Steel and ArcelorMittal North America have announced to raise its prices for steel flat products last Friday after Nucor hiked its prices by US$22/ton. It's learned that AK Steel increased the ...
Tags: steelmakers, steel flat, AK Steel