Global steel production will fall over the next 12 months because of current overcapacity and the slowdown in the Chinese economy says Coface. The experts in assessing business sector credit risks have published a report on the challenges ...
Tags: steel sector, steel, steel production, steel industry
Business Times reported that iron ore prices hit an eight month high this week. Iron ore is seen as a proxy for industrial activity and construction in China. The commodity is critical for the profitability of mining groups, including ...
Tags: iron ore prices, iron ore, steelmakers, steel production
On December 27,the China Iron and Steel Association(CISA)stated that in mid-December(Dec.11-20)this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1,623,300 mt,down 2.03 ...
Tags: iron, steel, price, steelmaker
Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
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
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
According to the figures released by the China Association of Metal Scrap Utilization, in the January to September period of this year, China's total steel scrap consumption amounted to 60.6 million tonne, down 12.3 million tonne or 17.87% ...
Tags: steel scrap, steelmakers, steel
Chung Hung Steel, one of the major carbon steel flat re-rolling mills in Taiwan is going to launch its price policy for December on November 23rd after China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced its list ...
Tags: carbon steel flat, price policy, steel price
According to statistics, China exported 40.94 million tons of steel products in the first nine months of this year, rising by 10.2% year on year. It’s analyzed that the Chinese steelmakers have aimed on export market since the ...
TAIPEI – China Steel Corp., Taiwan's largest steel producer by revenue, said Tuesday that it will raise domestic April-May prices by an average of 1.11% compared with March, on the back of a recent recovery in global steel prices, Dow ...
Tags: Industry Trends, Fastener
China's major steelmakers continued to cut July delivery prices on Wednesday. Companies began lower prices on June 17, in expectation of slowing market demand. Eight Chinese steelmakers cut the price of their products on Wednesday for July ...
Tags: steel