Steel

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Otto Junker GmbH design and make metallurgical furnace equipment and thermo-processing systems. They also operate a steel foundry, producing castings for specialist high-technology engineering applications, such as power generation, environmental engineering and marine environments. The company make castings from steel, stainless steel, nickel, cobalt and copper-based materials, and develop innovative grades of exotic alloys for new applications.
News ID: 8977    Publish Date : 2020/03/30

According to the latest customs data released, the nation’s finished steel exports reported declined by 27% in the first two months of CY20 to 7.8 MnT as compared to 10.698 MnT in Jan- Feb’19.
News ID: 8881    Publish Date : 2020/03/07

Steel Authority of India Ltd (SAIL) conducted auction for around 1,800 MT steel grade pig iron today from its Rourkela steel plant (RSP). The auction witnessed active participation over reduction in base price by INR 700/MT (USD 10).
News ID: 8879    Publish Date : 2020/03/07

Vietnam has extended safeguard measures on imports of steel billet, rebar and wire rod until 2023, the trade and industry ministry said.
News ID: 8846    Publish Date : 2020/03/24

Indian steel mills are reducing output in response to a halt in operations at automakers and a shortage of staff as workers rush back to their hometowns in fear of the coronavirus outbreak in major cities.
News ID: 8826    Publish Date : 2020/03/23

Price gap in Indian long steel products of large and medium/small scale mills widened further as offers through the secondary mills dropped rigorously due to dull demand. Thus the re-rollers increased trade discounts to ease selling pressure.
News ID: 8821    Publish Date : 2020/03/14

This notification may be called the Environment Impact Assessment Notification, 2020 (hereinafter referred to as ‘EIA Notification, 2020’) and shall come into force on the date of publication of final notification in the Official Gazette.
News ID: 8820    Publish Date : 2020/03/14

As per the latest data released by the customs and compiled by Steel Mint, India’s finish-flat imports stood at 0.30 MnT in Feb’20 down by 17% on a monthly premise as against 0.37 MnT in Jan’20.
News ID: 8813    Publish Date : 2020/03/17

Australian steel producer Bluescope Steel today withdrew its profit guidance for the second half of the 2019-20 fiscal year to 30 June because of the widening impact of the coronavirus pandemic that is affecting its global operations.
News ID: 8784    Publish Date : 2020/03/19

ArcelorMittal Spain is to cut flat steel output in the near term because of reduced automotive demand.
News ID: 8779    Publish Date : 2020/03/19

Steel producer ArcelorMittal is reducing European flat product output in response to the spreading coronavirus, the company has told Argus.
News ID: 8759    Publish Date : 2020/03/18

Luxembourg-based steelmaker ArcelorMittal has decided to temporarily reduce production and shut down several operations in Italy in response to the coronavirus outbreak, according to the union Fiom.
News ID: 8744    Publish Date : 2020/03/17

Italian steelmaker Arvedi is joining fellow producers in slowing output, according to market sources, after a number of customers decided to temporarily shut down or reduce production.
News ID: 8741    Publish Date : 2020/03/17

The company has released its monthly steel output results yesterday which reported fall in crude steel and finished steel output in Feb '20 against the previous month.
News ID: 8715    Publish Date : 2020/03/12

Turkey scrap imports dropped 9% Y-o-Y to 18.8 MnT in CY19 Import volumes from US and Netherlands observed increase, however bookings from UK fell in CY19. Country’s crude steel output fell 9.6% Y-o-Y to 33.7 MnT in CY19.
News ID: 8712    Publish Date : 2020/03/12

Iran’s steel output stood was recorded at 43.28 MnT during the first 11 months of the current Iranian year (21 Mar’19 - Feb’20) to register a Y-o-Y rise of 7.96%. The figure includes both semi-finished and finished steel output.
News ID: 8711    Publish Date : 2020/03/12

Indian Silico Manganese prices remained unchanged owing to the dull steel market conditions. The selling pressure is quite intense in the domestic market. Meanwhile, prices in the export market also softened amidst currency fluctuations and the spread of deadly Coronavirus.
News ID: 8710    Publish Date : 2020/03/12

Heavy rain and stormy seas in Australia's Queensland have forced coking coal export terminals at the Dalrymple Bay Coal Terminal (DBCT) and Hay Point to halt vessels from berthing until 15 March. All berthing and loading operations at Abbot Point will also be suspended from tomorrow.
News ID: 8685    Publish Date : 2020/03/11

Chinese ferrous futures fell today in response to sharply lower crude prices, but erased much of the morning falls as outlooks remain firm for steel demand.
News ID: 8659    Publish Date : 2020/03/09

Italian steel producer Arvedi said its production and logistics are unaffected by the lockdown imposed by the Italian government in 15 provinces in the north of the country, including Lombardy.
News ID: 8658    Publish Date : 2020/03/09

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