It’s reported that the South Korean cold rolled (CR) steelmakers planned to raise the prices for coated steel sheets for construction by KRW100, 000/ton from February in order to reflect higher input costs. It’s known that ...
Tags: steelmakers, steel plates, cold rolled
The China Iron and Steel Association (CISA) has stated that in mid-January (Jan. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1,612,500 mt, down 3.73 percent ...
Tags: Crude Steel, Daily Output, Mid-Jan, China
As of January 18, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in major steel markets in China totaled 14.346 million mt, up 329,000 mt compared to the previous ...
It’s reported that most of the US steelmakers have announced to remain its list prices for steel long products unchanged for February since the scrap prices have stabilized. It’s learned that Nucor decided to keep its list ...
Tags: US, steel, steel long products
It's reported that China Steel Corp (CSC) in Taiwan announced that it would raise prices by an average of 3.08% on domestic products for March delivery, marking the company's highest price increase in more than a year. The main factors ...
Tags: China Steel Corp, Taiwan, steel market
Reportedly, the world’s two major steelmakers ArcelorMittal and Brazil’s Siderúrgica Nacional have emerged as leading bidders for ThyssenKrupp AG’s access in the United States and Brazil. ArcelorMittal has ...
Tags: ArcelorMittal, steel, steel industry
The China Iron and Steel Association (CISA) has stated that in early January (Jan. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1,674,900 mt, up 3.8 percent ...
Tags: crude steel output, crude steel, Iron, Steel
It is reported major Asian mills are expanding steel production in large extent across Asia in 2013 which might result in severe oversupply in the face of increased raw material cost and weak market prices. It is said that in Southeast ...
Tags: Asian Steel Mills, Steel
It's reported that the majority of the steel mills in China posted lower profits in steel production in 2012, suffered by high raw material cost, weak market demand and oversupply problem. As results, the profit of steelmakers in Hebei ...
Tags: Steel, Steel Mills
Reportedly, India’s Jindal Steel & Power Ltd (JSPL) will continue talks with two other African miners while ending talks with Afferro Mining Inc. after assessing its Cameroon iron ore reserves. JSPL is estimated to invest as much as ...
Tags: Jindal Steel, India, JSPL, African miners
The Brazilian steelmakers predicted that the input costs would decrease in 2013 and the fierce price competition against the imports of steel products may be released, helping the Brazilian steel enterprises to decrease loss made in 2012. ...
Tags: Brazil, steelmakers, input costs, 2013
Recently, the prices of hot rolled coils (HRC) have remained flat at INR35, 750~INR36, 250/ton in the Indian domestic market even though the local steelmakers increased the prices. Last week, the major steel mills in India such as ...
The Economic and Information Commission of the city of Chongqing in China has announced that Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co.Ltd(Baosteel)has signed a contract to establish an automotive steel sheet processing ...
Sweden-based mining and exploration company Dannemora Mineral has announced its operational results for 2012 and the outlook for 2013. In 2012,Dannemora produced 939,000 mt of crude iron ore,including 492,000 mt of crude iron ore in the ...
Tags: Dannemora Mineral, iron ore production to reach full capacity
It’s reported that several steelmakers in Brazil have recently announced to raise the steel selling prices in January as the surged prices of iron ore and coking coals have boosted the input costs. It’s known that the selling ...
Tags: Brazil, steel, selling prices, iron ore, coking coals