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US Steel Sheet Prices Expected to Find Floor by Year-End

Dec 1, 2015

Prices for hot-rolled and cold-rolled coil in the US are expected to bottom out by the end of the year, sources said Tuesday. Platts maintained its daily HRC and CRC assessments at $360-$370/st and $490-$500/st, respectively. Both prices ...

Tags: hot-rolled coil, cold-rolled coil

Latin American Imports of Chinese Steel Grow 6%

Sep 3, 2015

Latin American countries imported 5 million mt of finished steel from China in the first seven months of 2015, 6% more than the 4.7 million mt imported in the same period in 2014, the Latin American Steel Association (Alacero) said Tuesday. ...

Tags: Long steel, finished steel

China Steel Market Reaction to Interest Rate Cut

May 11, 2015

Steel markets in China showed little reaction to the central bank's third interest rate cut in six months Sunday, May 10, with some citing the small magnitude of change as a reason. Spot offers for 18-25 mm diameter HRB400 rebar, a key ...

Tags: Steel Market, Iron Steel

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

Ak Steel Provided Guidance for Its Fourth Quarter 2014 Financial Results

Dec 22, 2014

AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...

Tags: AK Steel, Furnace Outage

AK Steel Provided Guidance for Its Fourth Quarter 2014 Financial Results

Dec 22, 2014

AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...

Tags: expenses pertaining, shipment, Metallurgy

China's Crude Steel Output Amounted to 618.00 Million

Oct 30, 2014

In the January-September period of the current year, China's crude steel output amounted to 618.00 million mt, up 2.3 percent year on year, as announced by China's National Development and Reform Commission (NDRC). The growth rate in ...

Tags: China, Output, Energy

China's Crude Steel Output Amounted to 550.10 Million MT

Oct 1, 2014

In the January-August period of the current year, China's crude steel output amounted to 550.10 million mt, up 2.6 percent year on year, as announced by China's National Development and Reform Commission (NDRC). The growth rate in question ...

Tags: Metallurgy, Mineral, Energy, Crude Steel, Steel

US Producers Will File a Complaint Regarding Chinese Hot Rolled Coil Imports

Sep 30, 2014

During his presentation at the SteelOrbis 2014 Fall Conference & 71st IREPAS Meeting being held in Berlin on September 28-30, Bernd Neuenkirchen from international steel trading company C&F International commented on both current and ...

Tags: US Producers, Turkish Rebar, Energy

CSPI for Chinese Domestic Market Down 1.36% in Aug

Sep 17, 2014

According to data released by the China Iron and Steel Association (CISA) on September 15, as of the end of August (August 31) the composite steel price index (CSPI) for the Chinese domestic market was at 90.63 points, down 1.25 points or ...

Tags: Composite Steel, Iron, Steel

China's Crude Steel Output Amounted to 480.76 Million Mt, up 2.7 Percent Year on Year

Aug 27, 2014

In the January-July period of the current year, China's crude steel output amounted to 480.76 million mt, up 2.7 percent year on year, as announced by China's National Development and Reform Commission (NDRC) on August 25. The growth rate ...

Tags: China's Crude Steel, Output, Metallurgy

Techint Is Reportedly Contemplating an Expansion of Pesquería Industrial Center Ternium

Aug 13, 2014

Techint, which owns Mexico Ternium, TenarisTamsa, and Tecpetrol, is reportedly contemplating an expansion of its Pesquería Industrial Center Ternium, in Nuevo León state,in order to satisfy the demand for steel that will grow ...

Tags: Techint, Galvanizing Line, Mineral

China's Crude Steel Output Amounted to 411.91 Million Mt,up Three Percent Year on Year

Aug 12, 2014

In the January-June period of the current year, China's crude steel output amounted to 411.91 million mt, up three percent year on year, as announced by China's National Development and Reform Commission (NDRC) on July 28. The growth rate ...

Tags: crude steel output, increase, China

PT Krakatau Steel (Persero) Tbk (PT KS) Has Announced That It Has Signed an Agreement

Aug 12, 2014

Indonesia-based steelmaker PT Krakatau Steel (Persero) Tbk (PT KS) has announced that it has signed an agreement with its subsidiary PT Krakatau Engineering and German plantmaker SMS Siemag for the construction of a 1.5 million mt hot strip ...

Tags: agreement, hot strip, Metallurgy, Mineral

China Overtook Japan as The Biggest Source of Steel Imports of ASEAN Countries

Aug 12, 2014

According to a report released by the South East Asia Iron and Steel Institute (SEAISI), in 2013 China overtook Japan as the biggest source of steel imports of ASEAN (Association of South East Nations) countries, with a market share of ...

Tags: China, steel, Metallurgy, Mineral

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