Shin Hyon-yook, team leader from Posco’s marketing strategy department said that Korea’s production of hot rolled coils (HRC) would rise by 6% year on year to 2 million tons in 2014, driven by increased production capacity by ...
Tags: HRC, metallurgy
On December 17, the China Iron and Steel Association (CISA) announced that in early December (Dec. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6951 million ...
Tags: steel, metallurgy, CISA
According to report, the Russian and Ukrainian steel maker continued to lift up the price as they mostly closed the booking for January. As the scrap prices and other commodities keep rising, as well as China cut the output for long lead ...
Tags: steel, metallurgy, HRC
It's reported that SSAB Americas announced to raise its prices for heavy plates by US$30/short ton, effective immediately. Meanwhile, it's learned that the major steelmakers in the US including Nucor, SSAB Americas and ArcelorMittal North ...
Tags: Heavy Plate, SSAB Prices Hiking
It is reported that Colombian steelmakers plan to invest US$310 million in the next 3 years, in order to increase the production capacity and improve the productivity. According to Colombian steel body ANDI, this investment will increase ...
In January next year, Ukraine's crude steel production is expected to decrease by 1.4 percent compared to the expected output in December this year to 2.70 million mt, according to the Ukrainian association of metal producers Metallurgprom. ...
Tags: steel, metallurgy
Chinese steelmakers' profits will remain low next year as output remains high and demand growth slows, said industry experts. The ratings agency Moody's Investors Service said on Wednesday that its outlook for the Asian steel and coal ...
Tags: Steel Sector, steel capacity
Arch Coal, Inc. (NYSE:ACI) today announced that Tygart Valley's Leer mine in northern West Virginia has begun operating its longwall mining system, representing a major milestone in the development of the overall mining complex. The Leer ...
Tags: Metallurgy, Mineral, Energy
According to report, Korean flat steelmaker Dongbu Steel said it would cut its hot rolled coil (HRC) output in December to lower down the stocks before the year end. The company said it would cut about 20,000 tons during the month. The main ...
Tags: steel, output, metallurgy
Since the establishment of prerequisites for the import of steel products in Mexico, the Ministry of Economy (SE) has implemented a mechanism to prevent illegal trade practices that would severely affect the domestic steel industry. The ...
Tags: steel, metallurgy
It is learned that Brazilian steelmakers are planning to raise steel prices for car makers, the increase could be ranged between 7% and 10%. The steel price for auto sector remained flat for almost two years. According to source that is ...
Tags: Steel, Construction
On December 9, the China Iron and Steel Association (CISA) announced that in late November (Nov. 21-30) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.709 million mt, ...
Tags: steel, metallurgy, CISA
JSW Steel, one of the largest Indian steelmakers, has posted a 78 percent year-on-year increase in crude steel production for November of the current year, amounting to 1.07 million mt. According to the company's statement, in November ...
Tags: steelmaker, metallurgy
The World Steel Association (worldsteel) co-hosted with the China Iron and Steel Association (CISA) and the China Council for the Promotion of International Trade, Automotive Industry Committee (CCPIT-Auto) a major one day conference on ...
Following the call made by the European Commission (EC) for a meeting on December 4 convening the 14 largest steel producing EU member states, the CEOs of the major European steelmakers, representatives of the European Parliament, and the ...
Tags: Europe, Energy, Climate Policy