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China Steel Mills Seek Buyers Abroad

Oct 7, 2014

China had exported 52.4 million tons of steel as of the end of August, up 36% from a year earlier as low domestic demand has left producers with a massive surplus, Bloomberg reported, citing data the news agency had complied. The price of ...

Tags: Metallurgy, Mineral, Energy, Steel, Steel Rebar

Seaborne Iron Ore Prices Reversed Losses Tuesday

Jul 11, 2014

Seaborne iron ore prices reversed losses Tuesday, as bullish expectations on Chinese economic performance provided stronger support for the steel raw material. Platts assessed the 62% Fe IODEX $0.75/dmt higher on day at $96/dmt CFR North ...

Tags: Iron Ore, Steel Raw, Steel

The Futures and Swaps Markets Recovered Some Ground

Jun 23, 2014

Despite weak fundamentals and largely negative sentiment, the futures and swaps markets recovered some ground through the day, leading to some support for ore prices. Platts assessed the 62% Fe Iron Ore Index up 50 cents from Monday at ...

Tags: steel rebar, ore prices

Prices for Seaborne Iron Ore Tracked Stronger Restocking Needs by Buyers

Jun 6, 2014

Prices for seaborne iron ore strengthened further Wednesday, tracking stronger restocking needs by buyers eager to procure raw materials when the market is recovering. Platts assessed the 62% Fe IODEX at $95/dry mt CFR North China, up ...

Tags: Iron Ore, steel square

Seaborne Iron Ore Cended a Two-Day Rally and Dipped Again, Tracking a Withdrawal in Buying

May 27, 2014

The seaborne iron ore cended a two-day rally and dipped again Friday, tracking a withdrawal in buying activity as the fast spike and current supply glut hit spot purchasing. Platts assessed the 62% Fe IODEX at $98.75/dmt CFR North China, ...

Tags: Iron Ore, Seaborne Seaborne

The Seaborne Iron Ore Market Ended a Brief Two Days of Gains Thursday

May 19, 2014

The seaborne iron ore market ended a brief two days of gains Thursday as buying activity failed to hold up. Platts assessed the 62% Fe Iron Ore Index at $103.25/dry mt CFR North China Thursday, down 75 cents/dmt on the day. Despite spot ...

Tags: Iron Ore Market, Iron Ore

The Seaborne Iron Ore Market Reversed Losses as an Influx of Buying Activity Emerged

Apr 21, 2014

The seaborne iron ore market reversed losses Thursday, as an influx of buying activity suddenly emerged in the spot market. Platts assessed the 62% Fe Iron Ore Index at $116.25/dry mt CFR North China Thursday, up $1.50/dmt from Wednesday. ...

Tags: Iron Ore, Interest Resurfaces, spot market

The Ferrous Scrap Market Was Stable in Eastern China This Week

Mar 26, 2014

The ferrous scrap market was stable in eastern China this week, in tandem with the finished steel and rebar futures markets, market participants said Friday. Most traders were bearish, expecting further price cuts in the short term. ...

Tags: Ferrous Scrap, Rebar, finished steel

Bamboo's Initial Introduction Continued to Evolve Into Different Flooring Formats

Mar 25, 2014

Since bamboo's initial introduction to the U.S. flooring market in the early 1990s, it has continued to evolve into different flooring formats, which has served to increase the product's use and demand, especially in today's eco-conscious ...

Tags: Bamboo Flooring, Flooring

Concrete Is Ubiquitous in Our World Today

Mar 18, 2014

Concrete is ubiquitous in our world today. According to the Cement Sustainability Initiative (CSI), concrete is second only to water as the most-consumed material on earth, and twice as much concrete is used in construction worldwide than ...

Tags: Concrete Recycling, Cement, Processing Machinery

Trader Procurement Continued to Boost Spot Demand in The Asian Iron Ore Market

Mar 17, 2014

Trader procurement continued to boost spot demand in the Asian iron ore market, as trades got concluded at increasingly higher levels on the day, supporting a firming market. The Platts 62% Fe Iron Ore Index rose $2.75/dmt to $111.50/dmt ...

Tags: Iron Ore Market, spot demand, steelmaker

Zinc Is The Key Material Used in Galvanizing Steel

Feb 20, 2014

Steel rebar galvanizing is a promising but largely overlooked niche for zinc that has the potential to be a 400,000 mt market in the near term, and also has significant technological and cost advantages, a zinc industry official said late ...

Tags: Steel Rebar, Mineral

The Steel Rebar Prices in Shanghai Futures Advanced to Record High

Dec 9, 2013

It is reported that on Tuesday the steel rebar prices in Shanghai futures advanced to record high since the middle of last month to RMB3,702/ton. The overall Chinese steel price index also went up by 3 points. It is analyzed the ...

Tags: steel, metallurgy

UAE Attempts to Reform Its Steel Import Regulation So as to Stop Dumping of Steel Products

Nov 7, 2013

UAE government attempts to reform its steel import regulation so as to stop dumping of steel products from overseas. So far, UAE is looking for expanding its steel market share. However, the consumption of steel rebar around 55% comes from ...

Tags: Steel Imports, Mineral

China Is to Focus on Restructuring The Iron and Steel Industry in Some Provinces

Oct 17, 2013

On October 15, the Chinese government announced on its website that China is to focus on restructuring the iron and steel industry in the provinces of Shandong, Hebei, and Liaoning, and in certain other provinces. Accordingly, concentrating ...

Tags: Metallurgy, Mineral, Energy, Restructure Steel

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