Russia - Evraz says prices bottomed, expects 2012 similar to 2011
Last Update 02/02/2012 08:58:21
Russian miner and steelmaker Evraz expects 2012 market conditions to remain broadly similar to last year. [..More]
Pakistan - Tuwairqi Steel Mills to commission DRI plant in Q2 2012
Last Update 01/02/2012 10:33:56
Pakistan’s Tuwairqi Steel Mills (TSML) has taken a step closer to commissioning its new 1.28m tonnes/year direct reduced iron plant in Port Qasim, Karachi, [..More]
world - WSD:Global steel output to fall 2% in 2012
Last Update 01/02/2012 10:20:45
Global steel output will fall 2% this year and steel input prices will plunge, World Steel Dynamics forecasts, citing festering eurozone problems and weaker-than-expected demand in China. [..More]
Europe - Demand for pig iron weakens in Europe
Last Update 30/01/2012 11:25:40
Having booked enough material to cover production requirements till February inclusive, European consumers of pig iron refrain from purchasing additional volumes of the material. [..More]
Bahrain - Talks to establish a new rebar mill in Bahrain with a Japanese company
Last Update 29/01/2012 12:36:56
Well-informed industrial sources clarified that multilateral talks are going on in the country for establishing a new rebar mill which is considered the second mill of its kind producing rebars used in building and reinforcing the concrete. [..More]
Brazil - Analysts see 5% growth in Brazilian steel output
Last Update 11/01/2012 13:13:39
Strong domestic demand from sectors including construction, automobile and machinery will be the catalyst for a healthy increase in Brazilian steel production this year. [..More]
India - Tata Steel output rises, sales dip
Last Update 11/01/2012 13:04:22
Tata Steel increased crude steel output at its Indian operations by 2% to 1.76m tonnes for its fiscal third quarter ended December 31 2011, compared to 1.72mt a year ago. [..More]
Saudi Arabia - "Al Rajhi Steel" will operate the rolling mill in Abha soon
Last Update 10/01/2012 13:06:38
CEO of Al Rajhi Steel Eng. Mehdi Alqahtani disclosed that his company will operate the rolling mill soon. [..More]
UAE - EMIRATES STEEL COMMISSIONS ITS FIRST-IN-THE-REGION HEAVY SECTION MILL
Last Update 02/01/2012 11:24:14
After positive results of hot trials during the month of November, Emirates Steel succeeded this month in rolling out the first beams declaring the start of the hot commissioning of the first Heavy Section Mill in the region at a cost of around $650 million. In a statement issued yesterday, the steelmaker said it can now produce large-size sections, beams, columns and sheet piles. [..More]
world - world steel production in November
Last Update 29/12/2011 13:18:45
World production of steel reached 115.5 mlt in November of 2011, 0.76% higher than the same period of last year according to World Steel Association.
Turkey, one of largest steel exporters in the Middle East [..More]
Japan - Japan’s FTC approves big stainless merger
Last Update 26/12/2011 12:15:42
Japanese stainless makers Nisshin Steel and Nippon Metal Industry (NTK) have received approval from the Japan Fair Trade Commission (FTC ) to proceed with their planned integration next year. [..More]
India - India's JSW orders new 1.4m t/y slab caster from Siemens VAI
Last Update 26/12/2011 12:13:09
India’s JSW Steel is installing a new 1.4m tonnes/year continuous slab caster at its Vijayanagar works in Karnataka state. [..More]
World - Evraz NA to expand rail mill capacity
Last Update 26/12/2011 12:10:29
Evraz announced it will expand its Pueblo, Colorado rail mill capacity by 10% to nearly 525,000 tonnes of premium rail annually. [..More]
Korea - Korean HRC exports soar 40% y-o-y in November
Last Update 21/12/2011 10:12:34
Korea’s exports of flat rolled steel products including hot rolled coil and heavy plate in November climbed by 9% from the previous month to 1.884m tonnes. [..More]
Japan - Japan’s port stocks of flat products drop in November
Last Update 21/12/2011 10:10:47
Stocks of imported hot rolled coils, cold rolled coils and plates at the key Japanese ports of Tokyo and Osaka dropped by 10,000 tonnes, equivalent to 5.3% month-on-month, to reach 177,000t by end-November, according to data compiled by trader Hanwa Co. [..More]
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