Tags - Steel

Steel

Tags - Steel

China's steel PMI falls to record low in February

China's steel sector purchasing managers index (PMI) slumped to a record low in February as the coronavirus outbreak disrupted downstream demand, resulting in steel mills reducing output.

News ID: 8537 Publish Date : 2020/03/02

China's steel profitability crushed by coronavirus

Chinese steel producers' profit margins fell sharply last month as the coronavirus outbreak stalled demand and disrupted feedstock supplies to lift costs.

News ID: 8533 Publish Date : 2020/03/02

Hydro to supply aluminium products to Tersan Shipyard

Hydro has received contracts from Tersan Shipyard for the supply of aluminium solutions. The company will deliver its products for the upper sections of ships under construction for Norwegian shipowner Havila Kystruten AS.

News ID: 8497 Publish Date : 2020/02/26

Iran’s Steel Output Up by Around 50%

A new international report shows that Iran’s steel output has increased by 46.7% in the past 12 months, indicating a stunning jump 20 times bigger than the world average growth of 2.1% in the same period.

News ID: 8490 Publish Date : 2020/02/26

BlueScope Steel warns about coronavirus impact

Australian steel producer BlueScope Steel has warned that the coronavirus outbreak is likely to have a negative impact on its Chinese operations and its broader supply chain, including securing equipment for the expansion of its North Star electric arc furnace in the US' Detroit.

News ID: 8481 Publish Date : 2020/02/24

China’s non-EAF steel output stable, exports see delays

Around 96pc of China's major steelmakers and about two thirds of the entire industry is operational, but smaller mills and electric-arc furnace (EAF) producers face acute disruptions amid the coronavirus outbreak, government and industry bodies said.

News ID: 8474 Publish Date : 2020/02/24

Steel products output rises 97% in 10 months on year

Iran’s major steel companies produced over 11.27 million tons of steel products during the 10-month period from March 21, 2019, to January 20, 2020, registering a 97-percent growth from the figure for the same period in the previous year, IRNA reported on Saturday.

News ID: 8420 Publish Date : 2020/02/09

Steel ingots, products export up 46% in 9 months on year

Iran’s export of steel ingots and steel products has increased 46 percent during the first nine months of the current Iranian calendar year (March 21-December 21, 2019), IRNA reported on Monday citing the data released by the Association of Iranian Steel Producers.

News ID: 8381 Publish Date : 2020/02/04

Official: Iran to Export 10mln Tons of Steel by Yearend

TEHRAN (FNA)- Iran's exports of steel will reach 10mln tons by the end of the current Iranian year (to end on March 19), an official said.

News ID: 8324 Publish Date : 2020/01/23

China iron ore scales 5-month peak on supply concerns, restocking

Iron ore futures rose for a fifth straight session on Friday, with the benchmark Chinese index hitting its highest in five months, after data showed Brazil’s exports of the steelmaking raw material shrank in December.

News ID: 8292 Publish Date : 2020/01/03

India's Sail lifts 2019 iron ore output

State-controlled steel producer Steel Authority of India (Sail) increased iron ore output by 5.25pc to around 22mn t in 2019, a record high for the company.

News ID: 8289 Publish Date : 2020/01/10

India steel: Restocking boosts HRC prices

India's domestic hot-rolled coil (HRC) prices increased this week as traders restocked.

News ID: 8288 Publish Date : 2020/01/10

Iran’s Steel Exports Increase despite Sanctions

Iran’s exports of various steel products increased by nearly a quarter in the eight-month period ending in late November 2019, according to a report.

News ID: 8277 Publish Date : 2020/01/09

Supply issues, steel gains lift Indian iron ore prices

India's domestic iron ore prices have increased sharply in January, as steel mills and pellet producers step up purchases amid expectations of supply disruptions from April. An increase in steel prices has also prompted mining companies to raise offer prices.

News ID: 8270 Publish Date : 2020/01/09