Steel

Tags - Steel
According to the latest reports, Turkey has imposed a provisional 25% safeguard duty on certain steel products in case their imports exceed the set duty-free quota quantity. This includes carbon steel flat and long products, welded and seamless pipe, stainless flats and special steel longs. These provisional tariffs are valid for 200 days.
News ID: 2257    Publish Date : 2018/09/25

Tokyo Steel Manufacturing Co Ltd - Japan’s top electric-arc furnace steelmaker has kept steel prices unchanged for eighth straight month for October deliveries. Last price hike of Yen 2000/MT was made for Feb deliveries.
News ID: 2245    Publish Date : 2018/09/24

Vietnam’s major steelmaker, Hoa Phat Group is all set to start four Greenfield blast furnaces at its Hoa Phat Dung Quat steel complex by the end of 2019. Each blast furnace will have a volume of 1,080 cubic meters and capacity of 1.2 MnT per year of hot metal.
News ID: 2241    Publish Date : 2018/09/24

Indian Pig iron producers are anticipating further surge in prices in line with active demand & rising input cost. Recently NINL, which is the largest producer of Indian pig iron have sharply raised prices by INR 1,800/MT (USD 25).
News ID: 2232    Publish Date : 2018/09/22

Egypt’s biggest steel producer, Ezz Steel has recently unveiled its performance for the first half (H1) from Jan to Jun’18 of CY18 and if we analyse the company’s consolidated earnings, the same has recorded a significant increase of 164% y-o-y basis backed by the strong local demand.
News ID: 2221    Publish Date : 2018/09/22

Steel Mint learnt from trades sources that steel mills based in Bangladesh have concluded HRC deals from China and other such countries for early November shipments.
News ID: 2205    Publish Date : 2018/09/21

Steel Mint has reported that last week China’s graphite electrodes prices surged by RMB 3,000 to 20,000 (USD 438 – 2,920/MT) varying with the size. However, sources have informed that the GE prices in China have increased further by RMB 2,000 to 10,000/MT (USD 292 – 1,460/MT).
News ID: 2203    Publish Date : 2018/09/21

Iran’s mineral export value reached $3.7 billion during the first four-month of the current Iranian year (March21-July22), indicating a 21% growth compared with corresponding period of last year.
News ID: 2183    Publish Date : 2018/09/08

China's Baoshan Iron & Steel Co Ltd, the largest listed steel maker in the country, reported a 62.2 percent surge on first-half net profit on firm steel prices, but warned about the risks of trade protectionism in the second half.
News ID: 2177    Publish Date : 2018/08/28

Canada said on Tuesday it will consider a safeguard action on seven steel products to protect domestic producers from imports since the United States imposed tariffs against its major trade partner in March.
News ID: 2173    Publish Date : 2018/08/16

The new minimill of SIMEC, Apizaco, Mexico, is now in full operation and will produce 600,000 tpy of specialty steel, large round blooms, bars and wirerod for the automotive industry.
News ID: 2157    Publish Date : 2018/07/29

A group representing users of imported steel filed Wednesday the first known legal challenge to steel tariffs imposed by US President Donald Trump earlier this year.
News ID: 2151    Publish Date : 2018/06/30

China's iron ore futures recouped some losses after hitting a 10-month low on Tuesday as market sentiment was lifted by upbeat steel output data for March despite smog restrictions imposed by Beijing.
News ID: 2088    Publish Date : 2018/04/18

Global iron ore miners have turned off the tap on adding new production capacity to feed China’s steel mills as the world’s largest customer is already awash with supplies, according to Fortescue Metals Group Ltd.
News ID: 2064    Publish Date : 2018/04/11

Major Iranian mining companies produced an aggregate of 317.94 million tons of ores and mineral products during the first 11 months of the current fiscal year (March 21, 2017-Feb. 19), registering about 12% growth compared with last year’s corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report said.
News ID: 2010    Publish Date : 2018/03/14

The U.S. oil and gas industry on Thursday slammed President Donald Trump’s plan to impose tariffs on imported steel, saying the move would kill energy jobs by raising costs for big infrastructure projects.
News ID: 1987    Publish Date : 2018/03/04

Chinese imports of hot-rolled coil jumped by over 140% m/m to an eleven-year high in December, as imports from Indonesia surge following the ramp up of Tsingshan’s Sulawesi facility.
News ID: 1961    Publish Date : 2018/02/24

We see digitalization and Industry 4.0 as key challenges that are set to profoundly change the tube and wire industry in the years to come
News ID: 1919    Publish Date : 2018/02/09

We are pleased to announce that, 26 months after contract signing, the first billet is rolled in Apizaco, Mexico and the mill started forming wire rod coils.
News ID: 1918    Publish Date : 2018/02/09

Base metal stocks have been the Iranian equity market’s undeniable stars in the current fiscal year (started March 21, 2017), as a rally in global prices coupled with a weaker currency pushed them to new highs.
News ID: 1909    Publish Date : 2018/02/09

Most Like