According to the latest data released by Statistics South Africa, in July this year the country's producer price index (PPI) for the basic iron and steel industry rose one percent compared to June and was up 11.8 percent compared to July ...
Tags: steel, Metallurgy, Mineral, Energy
Accounts receivables for China's major coal companies reached 330.8 billion yuan ($54.03 billion) at the end of June, the highest level over the past decade, official industry figures showed. According to China National Coal Association, ...
Tags: Metallurgy, Mineral, Energy
As of August 27, inventory of iron ore at 25 major Chinese ports amounted to 73.431 million mt, indicating an increase of 1.866 million mt or 2.6 percent week on week, as announced by China's Xinhua News Agency on August 27. As of the ...
Tags: Iron Ore, Chinese Ports
Affected by the higher scrap prices and lower production capacity, the Korean major steel mills have planned to hike bar price and the price rise is expected to become effective in this month. However, it’s said that the price rise ...
Tags: Steelmakers, Bar Prices
It is reported that the prices of medium heavy plates have kept rising in the US market after the steelmakers SSAB and Nucor announced to raise price by US$30/ton last week. Some buyers start to purchase active and mill extend shipment ...
Tags: Medium Heavy Plate, Mineral
It is learned that Brazil’s flat steel stock surged by 17.4% in July compare to the same month last year. If compare to this June, the stock was raised by 2.4% to 1.131 million ton. According to National Institute of Steel ...
Tags: Flat Steel
The China Iron and Steel Association (CISA) has announced that in early August (Aug. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.76 million mt, up 5.5 percent ...
Tags: Crude Steel Output, Mineral
The Brazil Steel Institute (IABr) has announced a revision of its steel production and trade forecasts for 2013. Accordingly, Brazil's crude steel production is expected to reach 34.5 million mt in the current year, almost the same as the ...
Tags: Steel Exports, Mineral
Chung Hung Steel, one of the major carbon steelmakers in Taiwan is going to release its price policy for September on August 28th. Industry source predicted that the company might raise its list prices for steel flat products by ...
Tags: Steel Pipe, Mineral
According to report, four major US domestic stainless steelmakers announced to hike prices starting for August shipments. And it is expected there will be another rise for October shipment again. The domestic grade 304 cold rolled coil ...
Tags: Stainless Selling Price
Reportedly, the Korean blast furnace (BF) mills’ prices fell slightly in the second quarter of this year. It’s learned that Posco and Hyundai Steel’s domestic selling prices of hot rolled coils (HRC) averaged at ...
Tags: HRC Prices, Mineral
It’s reported that SSAB North American Division (NAD) announced to raise its prices of medium heavy plates by US$25/short ton, effective immediately. It’s known that the major steelmakers in North America including ...
It’s reported that Tata Steel announced to hike the prices for coils and plates by €20/ton for European markets. Also, the company increased the prices by GBP15/ton for the UK market. After the adjustment, its ex-work prices ...
Tags: Tata Steel, Coil/Plate Prices
It’s reported that Korean steelmaker Hyundai Steel announced to raise its rebar prices by KRW20,000/ton from August 14th, in order to reflect higher raw material costs, increase steel longs prices and tight supply. It’s ...
Tags: Hyundai Steel, Rebar Prices
According to data released by China Iron and Steel Association (CISA) on July 29, in mid-July (July 11-20) this year the average aggregate daily crude steel output of its member enterprises in China totaled 1.7184 million mt, up 1.4 percent ...
Tags: Crude Steel