Mainly benefiting cost savings from utilization of in-stock raw materials procured earlier at lower prices, Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, therefore chalked up a 54-percent growth in pretax ...
Tags: raw material, global market, coking coal, iron ore
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, demand has continued to improve in the global long steel products market, especially in the Americas and ...
Tags: Long Steel Markets, Healthy Demand
In a report this week, the Latin American Steel Association (Alacero) outlined struggles to reduce the charges of unfair trade between countries that are trading partners. Rafael Rubio, director of Alacero, expressed concern over an ...
Tags: steel demand, steel production
Iron ore demand intensity in China will fall further amid continuous drops in steel market prices and lower steel outputs, the China Iron and Steel Association (CISA) said in its monthly report published on its official website. Chinese ...
Reportedly, Zhang Changfu, the vice chairman and secretary general of the China Iron & Steel Association (CISA) said that the Chinese steel industry’s margin reached at 0.48% in the January-November period due to increasing steel ...
Tags: steel, metallurgy
Global steelmakers, metallurgical coal miners and merchant coke producers are feeling the heat thanks to sluggish steel and coal prices coupled with the prospect of higher energy costs in the US due to regulation, participants said Tuesday ...
Tags: steel, Coal, Metallurgy, Mineral
Stainless steel metal is one of the most widely used metals in the world. It is popularly known for its stainless and anti-corrosion qualities. It contains chromium and low carbon steel. The chromium content offers the anti-corrosion ...
Tags: Carbon Steel, Stainless Steel
Despite depressed prices for seaborne metallurgical and thermal coal, Peabody Energy expects global coal demand to grow nearly 4% in 2013, and 13% in China and India combined, according to an investor presentation made Wednesday at the ...
Tags: Chemicals, Metallurgy, Mineral, Energy, coal
On April 25, Henan Province-based Chinese steelmaker Anyang Iron and Steel Group Co. issued its financial results for the first quarter of this year. In the given period, Anyang Steel achieved an operating revenue of RMB 4.907 billion ...
Tags: Anyang Steel, Net Loss
Reportedly India’s Tata steel UK, the second largest steel producer in Europe, has restarted a blast furnace in Britain. Karl Kohler, chief executive of Tata Steel UK said it take the advantage of low steel demand to carry out ...
Tags: Tata steel, steel market, company news
It's reported that Brazilian steelmakers' intention to hike domestic steel prices is being considered possible but is anticipated difficult and questionable. According to UK bank HSBC analyst Mr. Jonathan Brandit that there ...
Tags: Brazil, steel, steel prices
MMK expects volumes of finished steel products in Q4 2012 will be affected by the seasonal slowdown in business activity on the domestic market. At present, world steel prices are close to their lowest level, and MMK does not expect a ...
Tags: MMK, steel products, steel prices