Steel

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Production of steel ingots in Iran stood at 12.78 million tons during the first half of 2019, showing 5.6 percent rise compared to the first half of 2018, according to a report released by World Steel Association (WSA).
News ID: 5580    Publish Date : 2019/07/29

Steel Authority of India Limited (SAIL), conducted auction from its central India based Bhilai Steel Plant (BSP) for defective steel products on 24th Jul'19.
News ID: 5554    Publish Date : 2019/07/29

Neelachal Ispat Nigam Ltd (NINL), a public sector steel entity and largest merchant supplier of steel grade pig iron is battling raw material crisis on financial issues.
News ID: 5553    Publish Date : 2019/07/29

The European steelmakers association – EUROFER has recently lowered their outlook for real and apparent steel consumption for rest of the year.
News ID: 5550    Publish Date : 2019/07/29

World Steel Association announced Iran’s raw steel production has grown 5.6%, while the world’s raw steel production has faced 4.9% growth, compared to same period last year.
News ID: 5510    Publish Date : 2019/07/27

Steel Mint learned in recent reports that the uncertainty in global scrap prices and slowing down of finished steel demand in the domestic market has turned sentiments mixed in Taiwan this week.
News ID: 5480    Publish Date : 2019/07/25

Steel Authority of India Limited (SAIL), recently conducted auction from its Central India based Bhilai Steel Plant (BSP) for defective steel products on 13th Jul'19. Out of 42,602.48 MT steel put up for auction, only 10,093 MT (24%) material was sold out despite reduce base price by INR 700-1,000/MT (USD 10-15) as against last auction.
News ID: 5468    Publish Date : 2019/07/25

Danieli Centro Maskin HiGrind technology guarantees the strictest tolerances and best surface quality
News ID: 5457    Publish Date : 2019/07/25

Steel Dynamics, Inc. has awarded SMS group an order covering the supply of a complete steel production line for its Sinton location in the state of Texas.
News ID: 5456    Publish Date : 2019/07/25

UK general steel stockholder John Parker & Son said in a note to suppliers that it has filed a 'Notice of Intention to Appoint Administrators'.
News ID: 5451    Publish Date : 2019/07/24

Imports of steel products into the US fell in June because of declines in imports of semi-finished, hot-rolled coil (HRC) and hot-dipped galvanized (HDG) products.
News ID: 5450    Publish Date : 2019/07/24

Jingtang and Caofeidian ports in north China's Tangshan steel production hub have prevented trucks not meeting stricter fuel emissions standards from transporting goods over 22-29 July, adding to supply disruptions.
News ID: 5438    Publish Date : 2019/07/23

South Korea billet exports in Q2CY’19- South Korea’s billet exports remained stable on quarterly basis at 0.1 MnT since last two quarters in CY19.
News ID: 5351    Publish Date : 2019/07/20

The US subsidiary of Swedish steelmaker SSAB expects steel shipments in the third quarter to remain at similar levels as the prior three months.
News ID: 5348    Publish Date : 2019/07/20

Ma’anshan Iron & Steel Co., Ltd. (Masteel) in China has been investing in upgrading production facilities and has now awarded Fives a turnkey contract to revamp a continuous galvanizing line (CGL) to produce new quality coated products.
News ID: 5340    Publish Date : 2019/07/20

SAIL ( Steel Authority of India Limited) conducted auction for around 6,550 MT steel grade pig iron today from its Rourkela Steel plant (eastern India). The auction received weak response as only 17% material have been sold out amid unchanged base price.
News ID: 5299    Publish Date : 2019/07/18

Vietnam’s domestic steel producer - Formosa Ha Tinh has today announced its monthly revision in its steel prices. The company has raised its HRC offers sharply by USD 25/MT for Sept shipments.
News ID: 5298    Publish Date : 2019/07/18

Indian govt has issued preliminary findings in its initiated investigation of anti-dumping on the imports of Aluminum and Zinc coated flat products originating in or exported from China PR, Vietnam and Korea RP.
News ID: 5245    Publish Date : 2019/07/17

Iran’s Industrial Development and Renovation Organization (IDRO) has signed a memorandum of understanding (MoU) with a consortium of seven domestic companies for setting up of a steel unit with 10 MnT of capacity in Persian Gulf Mining and Metal Industries Special Economic Zone (PGSEZ) in the southern province of Hormozgan.
News ID: 5143    Publish Date : 2019/07/13

Iran’s Industrial Development and Renovation Organization (IDRO) signed a memorandum of understanding with a consortium of seven domestic companies on production of 10 million tons of steel in Persian Gulf Mining and Metal Industries Special Economic Zone (PGSEZ) in the southern province of Hormozgan.
News ID: 5127    Publish Date : 2019/07/12

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