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China Doubts on EU Tariffs on Steel Products

Mar 1, 2017

China has expressed doubts about exorbitant tariffs imposed by the European Union (EU) on steel products from China, calling for an end to such unfair measures. The European Commission, the EU's executive body, recently announced its ...

Tags: EU Tariffs, Steel Products

China Is Facing Growth Deceleration

Dec 12, 2016

A slowdown in China is the greatest threat to the global economy, Harvard economist Kenneth Rogoff told BBC in a curious interview in late September. "The [Chinese] economy is slowing down much more than the official figures show." As the ...

Tags: Chinese economy, global economy

CSC of Taiwan to Pour Nt$4 Bn. Into Developing Solar Power Business

Jun 29, 2016

CSC’s chairman Sung confirms his company’s investment valued at NT$4 billion in developing solar power business (photo courtesy of UDN.com).The Taiwan-based China Steel Corp. (CSC), the island's largest steelmaker by size, has ...

Tags: CSC, electric power supply, steel market

North American Coal Industry Faces More Declines in 2016: Moody's

Dec 15, 2015

The North American coal industry remains negatively positioned for 2016 with thermal coal facing a slow, long-term decline and metallurgical coal prices unlikely to recover within the next 12 months, a Moody's Investors Service note said ...

Tags: Coal Industry, thermal coal, metallurgical coal

Iron Ore Miner Samarco Could Stop Shipments in Three Weeks: Source

Nov 10, 2015

Brazilian iron ore miner Samarco may be out of iron ore pellets within three weeks following a fatal tailings dam collapse last week, a source familiar with the company said Monday. An indefinite stoppage could affect global pellet ...

Tags: Samarco, iron ore miner, coals

CSC of Taiwan Chalks up 54% Monthly Growth in Pretax Profits of NT$346 M.

Sep 21, 2015

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

China Accounts for Half of Global Steel Production in The First 11 Months

Dec 23, 2014

RIA Novosti reported that global steel output in the first 11 months of 2014 was 1.498 billion tons, increasing 1.8% on year. China produced 749 million tons of steel, up 1.9% on year, ranking first. Russia followed China with 64.794 ...

Tags: Steel Production, steel output

Arcelormittal Announced That Its European Unit Is Providing 310,000 Mt of HRC

Dec 22, 2014

Global steel giant ArcelorMittal has announced that its European unit is providing 310,000 mt of hot rolled coils (HRC) from its production site in Bremen, Germany, more than one third of all the hot rolled coils needed for the Trans ...

Tags: oil, gas industry, Metallurgy

Chinese Steelmakers Eyes on Overseas Markets

Nov 10, 2014

Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...

Tags: Chinese Steelmakers, Iron, Steel

ArcelorMittal Kryvyi Rih Has Completed The Capital Repair of The Conveyer C-19

Oct 24, 2014

ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, has announced that it has completed the capital repair of the conveyer C-19 with АС-19 inclined burden discharger at Ore Benefication Plant No. ...

Tags: steel, steel structures

The Global Apparent Steel Demand for 2014 Will Increase by Two Percent

Oct 15, 2014

The global apparent steel demand for 2014 will increase by two percent to 1.56 billion metric tons, following a growth of 3.8 percent in 2013, according to the short range outlook presented at the 48th annual meeting of the World Steel ...

Tags: Steel Demand, Chinese Demand

China Has a Seven Percent Negative GDP Growth Expected for This Year

Oct 15, 2014

Speaking at the 48th annual meeting of worldsteel (World Steel Association) held in Moscow on October 6, Hans Jürgen Kerkhoff, chairman of the worldsteel Economics Committee said that with a seven percent negative GDP growth expected ...

Tags: steel demand, real estate sector

Ukrainian Subsidiary of ArcelorMittal Down One Percent

Oct 15, 2014

In the January-September period of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 4.7177 million mt, down one percent year on year, as announced by ...

Tags: Crude Steel, steel

Kim Marti Said That The Key Risks to The Global Economy Should Be Closely Monitored

Sep 30, 2014

Speaking at the SteelOrbis 2014 Fall Conference & 71st IREPAS Meeting in Berlin, Kim Marti, international sales director of Spanish steel producer CELSA Group, said that the key risks to the global economy, such as geopolitical tensions ...

Tags: Kim Marti, IREPAS, Energy

ArcelorMittal Kryvyi Rih to Invest More Than $70 Million in The Construction

Sep 18, 2014

ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, has announced that it is about to invest more than $70 million in the construction of a pulverized coal injection (PCI) system at its blast furnace No. 9, ...

Tags: ArcelorMittal Kryvyi Rih, PCI

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