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Steel Exports From China's Hebei Province up 43.38%

Oct 14, 2014

In the January-August period this year, steel exports from China's Hebei Province amounted to a total value of $9.244 billion, up 43.38 percent year on year. In the given period, the volume of steel exports from Hebei Province totaled ...

Tags: Steel Exports, steel

Overcapacity and Low Prices Are Eating Into Steel Companies' Profits

Dec 26, 2013

Overcapacity and low prices are eating into steel companies' profits, an industry specialist said. Zhang Changfu, secretary-general of the China Iron and Steel Association, said on Sunday that the profits of China's steel companies in the ...

Tags: Steel Companies, Mineral

Severstal Announced a Net Profit Down 52.3 Percent Year on Year

Nov 18, 2013

Russian steelmaker Severstal has announced its financial results for the third quarter and the first nine months of 2013. Accordingly, in the third quarter Severstal registered a net profit of $157 million, down 52.3 percent year on year. ...

Tags: Severstal, steelmaker

ArcelorMittal South Africa Reported Net Profit of ZAR 248 Million in The Third Quarter

Nov 12, 2013

Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the third quarter and the first nine months of the current year, reporting a net profit of ZAR 248 million ($23.9 million) in the third ...

Tags: ArcelorMittal, South Africa, financial results, profit

Most Domestic Steelmakers Are Seeing A Brighter Third Quarter

Nov 4, 2013

Most domestic steelmakers are seeing an improvement in their third-quarter performance. Fifteen of the 20 listed steel companies that issued third quarter reports made profits, as opposed to last year, when up to 90 percent of the steel ...

Tags: Steel Industry, Steelmakers

Steel Dynamics Announced Third Quarter Net Income of $57 Million

Oct 21, 2013

Steel Dynamics, Inc. announced Wednesday third quarter net income of $57 million, or $0.25 per diluted share, on net sales of $1.9 billion, compared to Q3 2012 net income of$13 million, or $0.06 per diluted share, on net sales of $1.7 ...

Tags: Metallurgy, Mineral, Energy, steel

The Average Steel Prices in China Increased by 0.3%

Aug 26, 2013

According to data released by China’s Ministry of Commerce (MOC), the average steel prices in China increased by 0.3% from a week ago in the period of August 12 through August 18th. In the given period of time, the average prices of ...

Tags: Steel Prices

Arcelormittal Has to Lower Guidance for 2013 Due to Weak Demand

Aug 5, 2013

The world's largest steelmaker Luxembourg-based ArcelorMittal has announced its financial results for the second quarter and the first half of the current year, stating that it has had to lower its guidance for 2013 due to weaker than ...

Tags: ArcelorMitta, steelmaker

The Average Steel Prices Increase by 0.2% From a Week Ago in China

Aug 2, 2013

According to report released by China's Ministry of Commerce (MOC), the average steel prices during July 22nd and July 28th increased by 0.2% from a week ago. In the given period of time, the average prices of rebar with diameter of 12mm ...

Tags: Construction, Steel

The Average Steel Price in China Rose by 0.3 Percent Compared to The Previous Week

Jul 25, 2013

China's Ministry of Commerce (MOC) has announced that during last week (July 15-21) the average steel price in China rose by 0.3 percent compared to the previous week. In particular, in the given week prices in China of 145 mm x 20 mm hot ...

Tags: Average Steel, Slight Rise

The Average Steel Price in China Is up Slightly by 0.1%

Jul 19, 2013

According to data released by China's Ministry of Commerce (MOC), the average steel price in China was up slightly by 0.1% from a week ago during July 8th through July 14th. In the given period of time, the prices of hot rolled steel sheets ...

Tags: Construction, Steel

MOC Says That The Average Steel Prices Rose by 0.4% Week on Week

Jul 11, 2013

China’s Ministry of Commerce (MOC) said that the average steel prices rose by 0.4% week on week during last week ended on July 7th. Among them, the prices for hot rolled strips with sizes of 145mm x 2.5mm rose by 0.7%; those for ...

Tags: Steel Prices, Mineral

Average Steel Prices in China Dropped by 0.4% From a Week Ago

Jul 4, 2013

China’s Ministry of Commerce (MOC) announced on July 2nd that the average steel prices in China dropped by 0.4% from a week ago during June 24th through June 30th. Among them, the prices of channel bar, rebar with diameter of ...

Tags: Steel Prices, Mineral

The Average Price of Steel in China Decreased by 0.4 Percent

Jul 3, 2013

On July 2, China's Ministry of Commerce (MOC) announced that during last week (June 24-30) the average steel price in China decreased by 0.4 percent week on week. In particular, in the given week prices in China of channel bar, 12 mm ...

Tags: Average Steel Price, Mineral

The Average Steel Price in China Decreased by 0.4 Percent Week on Week

May 28, 2013

On May 27, China's Ministry of Commerce (MOC) announced that during last week (May 20-26) the average steel price in China decreased by 0.4 percent week on week, declining at the same rate as recorded in the previous week. In particular, ...

Tags: Steel Price, China

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