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Chinese Ferrosilicon Offers Remained High

Sep 11, 2016

While Chinese ferrosilicon offers remained high from rising Chinese semi-coke prices, offers heard have moved lower in Japan on thin trade, sources said. The Chinese 75% Si ferrosilicon price assessment was unchanged week on week at ...

Tags: ferrosilicon, semi-coke

Well Integrated Supply Chain Props up Taiwan as World's No. 2 Fastener Maker

Aug 8, 2016

The payoff of Taiwanese fastener makers' effort on going upmarket is a major growth drive for the industry's sustainable development (in the photo are the high-strength, quality-approved bolts and fixings for rail construction). Although ...

Tags: Fastener, industrial parts

Australia's Stanmore on Track to Restart Idled Isaac Plains Coal Mine in H1 2016

Dec 18, 2015

Australia-listed Stanmore Coal has appointed mining contractor Golding to restart production at its Isaac Plains mine in the first half of 2016, the miner said in a statement to the Australian Securities Exchange Thursday. Stanmore ...

Tags: thermal coal, coal

Asian Iron Ore Prices Hit $44/Dmt, Lowest Recorded on Iodex

Nov 25, 2015

Seaborne iron ore prices reached a new historic low Tuesday as the Platts 62% Fe Iron Ore Index, or IODEX, lost $0.75/dmt on the day to reach $44/dmt CFR North China. It is the lowest point the IODEX has been since Platts' began spot ...

Tags: Seaborne iron ore, steel, ore

Mexican Rebar Prices Stay Flat Despite Mills' Intention to Hike

Nov 4, 2015

Rebar prices kept unchanged in Mexico through October, although producers continue to be assertive about hiking prices, sources in the domestic market said. Reported offers, bids and deals led Platts to maintain its Mexican domestic rebar ...

Tags: Rebar prices, Stay Flat, sluggish demand

India Fomento to Ship Its 1st Iron Ore Since Mining Ban Nov 5-15: Sources

Nov 4, 2015

West coast Indian miner Fomento Resources has offered a cargo of 57%-Fe iron ore fines material through a spot tender Thursday, making this the first iron ore shipment the miner will send out of Goa after the state's mining bans were ...

Tags: Fomento Resources, seaborne prices, Iron Ore

Taiwan's Export Orders Received in June Increased by 2.2%

Aug 5, 2015

Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...

Tags: Greek debt crisis, stock market slump

China to Bring Iron and Steel Sector Back to a 'Basically Balanced Level' by 2017

Mar 24, 2015

China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would ...

Tags: Steel Industry, Iron Steel

Govt Is Supposed to Support China's Steel Industry

Mar 9, 2015

Chinese steelmakers are facing more headwinds this year as economic growth slows and need government support to tackle long-term overcapacity, the chairman of Anshan Iron & Steel Group said. China's steel sector has been struggling with ...

Tags: Steel, Metallurgy, Mineral

China Keeps Rebar Export Tax Unchanged

Dec 22, 2014

China's Ministry of Finance issued its customs duties implementation plan for 2015 on December 17, with the duties in question to become effective as of January 1, 2015. Accordingly, China's export tariffs for pig iron, semi-finished ...

Tags: pig iron, semi-finished steel, wire rod, 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

ISI Applauded Monday DOC's Decision to Revoke The Outdated

Oct 22, 2014

The American Iron and Steel Institute (AISI) applauded Monday the Department of Commerce’s (DOC) decision to revoke the outdated “suspension agreement” with Russia, which has prevented antidumping duties from being imposed ...

Tags: Iron, Steel, antidumping duties

Nacionales and Metaldom Completed Their Merger

Oct 21, 2014

Dominican steelmakers Industrias Nacionales (Inca) and Metaldom completed their merger, the companies said Wednesday, and will now be known as Gerdau Metaldom. According to Gerdau, which controls 79.97 percent of Inca, "the first ...

Tags: steelmakers, Mineral

Overall Sales Revenues of China's 88 Large and Medium-Size Steelmakers Totals RMB 2.4142tn

Oct 21, 2014

According to the China Iron and Steel Association (CISA), in the January-August period this year the overall sales revenues of China's 88 large and medium-size steelmakers - all CISA members - totaled RMB 2.4142 trillion ($393.19 billion), ...

Tags: Steelmakers, Metallurgy

The Spot Price of Charge Chrome Down a Week Ago

Oct 20, 2014

The spot price of South Africa-origin charge chrome (48-52% Cr) was assessed by Platts at 79-80 cents/lb CIF on Friday, down from 80-81 cents/lb CIF China a week ago, on slow demand and ample supply. A deal was confirmed at 80 cents/lb ...

Tags: Ferrochrome, Chrome Import, Metallurgy

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