Steel

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Liberty Steel is cutting 355 jobs across its speciality division in South Yorkshire and hot-rolling mill in Newport, Wales.
News ID: 8260    Publish Date : 2020/01/09

Indian rebar prices remained flat over the past week amid sluggish demand from the construction sector.
News ID: 8251    Publish Date : 2020/01/08

TATA Metaliks has raised basic (steel) grade pig iron prices by INR 1,300/MT (USD 19) & Foundry grade by INR 1,200/MT (USD 17) for Jan’20 deliveries. The company is known as largest foundry grade pig iron manufacturer in eastern India.
News ID: 8208    Publish Date : 2020/01/02

The EU's green deal climate policy could transform demand for metals used in technology and green applications, with some benefiting and some losing out.
News ID: 8200    Publish Date : 2020/01/03

APL Apollo Tubes Ltd - one of the largest ERW pipes manufacturers in India has increased price by INR 1,000/MT (USD 14) for Jan'2020 deliveries.
News ID: 8188    Publish Date : 2019/12/31

A more volatile Turkish ferrous scrap deep-sea import price throughout 2019 has made it very difficult for European exporters to keep a stable margin and it is set to remain a major challenge in 2020.
News ID: 8151    Publish Date : 2019/12/30

Domestic prices of PPGI (Pre-painted Galvanized Iron) in India surged by around INR 1000-1250/MT this week over improved demand and active buying prevailing in the domestic market.
News ID: 8141    Publish Date : 2019/12/27

Vietnam's imported HRC market has observed some trades towards end of this week. Chinese mill have heard to booked 30,000 MT HRC to Vietnam at USD 510/MT CFR Ho Chi Minh for Feb deliveries. China's Bengang Steel Plates Co. Ltd.(a subsidiary of Benxi Steel Group Corporation, incorporated as a joint-stock limited company engaged in the smelting of steel and the rolling and processing of steel plates).
News ID: 8140    Publish Date : 2019/12/27

Indian hot-rolled coil (HRC) prices rose this week on increased buying activity amid market talk about large mills planning a sharp price hike in the near term.
News ID: 8120    Publish Date : 2019/12/27

Nippon Steel Nisshin Co., Ltd. has decided to conduct banking of the No. 2 blast furnace at the Kure works around mid-Feb’20 and to focus on production of the No. 1 furnace, in order to improve production efficiency and further stabilize blast furnace operation. The reason for this is that both blast furnaces were operating at a low utilization rate due to a fire accident at the Kure Works in Aug’19, in addition to the deteriorating environment for steel demand.
News ID: 8108    Publish Date : 2019/12/24

India's exports of hot-rolled coil (HRC) rose by 231pc on the year to 533,000t in November.
News ID: 8090    Publish Date : 2019/12/24

Chinese vanadium prices have fallen in 2019 from a year earlier on a rise in spot availability and lower demand from producers of reinforcement steel bar (rebar) amid a slowing economy.
News ID: 8089    Publish Date : 2019/12/24

Dixon Yacht Design has reportedly designed the concept of a 70-metre yacht - Project NewDawn, in a way that it offers effortless sailing performance with the interior comfort conventionally found on motor yachts.
News ID: 8063    Publish Date : 2019/12/22

China’s top steel making city - Tangshan has issued a notice to reinitiate the grade II emergency response to heavy polluting weather, as the city declared a level 2 pollution emergency. The government imposed output restrictions on the steel production firms and ordered them to indefinitely suspend iron ore sintering and partially reduce steel output as of 13 Dec’19.
News ID: 8041    Publish Date : 2019/12/13

Govt owned unit – SAIL had issued tender for sale of 10,00,000 MT iron ore fines. In recent update received, the company has extended due dates for fines sales from all its three mines in Jan’20. As per sources, due some state government clearance issues all three auctions have been re-scheduled in Jan’20.
News ID: 8034    Publish Date : 2019/12/14

A slowdown in the real estate sector may pressure China's steel demand next year, according to analyst forecasts.
News ID: 8007    Publish Date : 2019/12/18

Iran’s Ministry of Industry, Mine and Trade (MIMT) announced that the country’s metal exports have jumped significantly in the first 7 months of the current local calendar year (March 21-October 22, 2019) showing Tehran’s economic strategies have outdone the US sanctions.
News ID: 7970    Publish Date : 2019/12/16

This week Indian color coated / PPGI prices increased by INR 300-750/MT W-o-W in major markets following upside in HRC prices along with bullish sentiments prevailing in the domestic market. Improved buying in steel-consuming sectors and an uptick in demand resulted in an increase in PPGI prices this week in the trade market.
News ID: 7965    Publish Date : 2019/11/29

Major Indian steel mills increased their imported HRC offers by USD 10/MT for Jan'20 deliveries, Steel Mint learned from market sources.
News ID: 7961    Publish Date : 2019/11/29

Dongkuk Steel Mill one of the largest EAF steel producers in South Korea has reportedly booked a bulk vessel of 10,000 MT cargo from Russia, for A3 grade scrap. The booking has reportedly been concluded at price level of USD 265/MT CFR South Korea.
News ID: 7960    Publish Date : 2019/11/29

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