Chinese steel mills' credit woes have further depressed domestic silicomanganese prices, market sources said Monday. Domestic silicomanganese prices were pegged by the sources at about Yuan 6,600/mt ($1,083/mt), about Yuan 200-300/mt ...
Tags: Steel Mills, Mineral
Iron ore prices could continue to trade above $130/dry mt CFR North China in the first quarter of 2014, after higher-than-expected steel production in China supported them last year, Macquarie analysts said Thursday. "We believe Q1 2014 ...
Tags: Iron Ore
It’s been a good few weeks for China’s economic decision-makers. Official data showed exports in August rose 7.2% from a year earlier, surpassing all forecasts. The official purchasing managers’ index (PMI) for ...
Tags: Wrong Growth Path
According to the World Steel Association (Worldsteel), in February this year the crude steel output of 63 countries surveyed across the globe reached 123.26 million mt, increasing by 1.2 percent compared to February 2012 and up four percent ...
During the panel discussion at the SteelOrbis Market Talks Meeting held in Izmir on January 16, Dr. Veysel Yayan, general secretary of the Turkish Iron and Steel Producers' Association (DCUD), informed participants regarding the performance ...
Tags: Veysel Yayan, Turkey, Steel Output
China is expected to witness 723 million tonnes of crude steel output this year, only a 3% YoY, lowest growth rate since 2000 Mr Zhang Changfu secretary general of the China Iron and Steel Association, at an annual meeting about China's ...
Tags: crude steel, lowest growth, steel market, increasing investment
According to report, Swiss special steelmaker and distributor Schmolz+Bickenbach said that it sees the steel growth will be outside of EU as European economies remains week and slow recovery from downturn. The company aims on ...