Steel Mills Cut Production And Manganese Ore Demand May Be Down

Thu, 08 Jul 2010 03:06:00 GMT
According to China Iron and Steel Association data, released that in May the national steel market inventories together to 15.78 million tons, is 5.5 times over the same period in 2008, is 1.8 time...
Tags: Manganese Ore Steel

Quite Market of Stainless Steel in Wuxi

Fri, 25 Jun 2010 00:41:00 GMT
After the sharp price increase of RMB400/t this Tuesday, the market of stainless steel grading 304 becomes calm for the time being, influenced by buyers’ wait-and-see attitude and the high pu...
Tags: Ferro Chrome Steel

Export Tax Rebate Cancellation to Increase Domestic Supplies

Thu, 24 Jun 2010 02:38:00 GMT
On the 22nd of June, China’s Ministry of Finance and State Taxation Administration have acknowledged that the export tax rebate of 48 steel products will be canceled from the 15th of July. In...
Tags: Steel

Standalone Future of Ferroalloys Bleak in India

Mon, 21 Jun 2010 01:38:00 GMT
With most of the upcoming steel plants in the country going for captive production of ferroalloys and global demand for the product showing signs of slump, the ferroalloys manufacturing as a stand ...
Tags: None

Chinese Steelmakers to Be in Pressure Situation

Fri, 11 Jun 2010 03:00:00 GMT
Mining giant Rio Tinto has informed most Chinese steel makers that the third-quarter benchmark prices will be revised up by 19.5% to US$147 per tonne FOB from the second quarter. And the current pr...
Tags: Steel

Weekly US Crude Steel Production

Thu, 10 Jun 2010 02:18:00 GMT
In the week ending June 5, 2010, domestic raw steel production was 1,785,000 net tons while the capability utilization rate was 73.8 percent. Production was 1,095,000 tons in the week ending June 5...
Tags: Manganese Chrome Steel

Why China's Capacity Reduction Plan is Causing Overcapacity

Tue, 01 Jun 2010 01:41:00 GMT
Production rose 20% in China in April from a year earlier, 13% in the Middle East and 4.1% in South Korea. European steelmakers boosted output 2.5% even though the European economy has stalled. On...
Tags: Steel

Steel Output Surges, Applying Pressure to Prices

Tue, 01 Jun 2010 01:37:00 GMT
The world's steel mills are ramping up production so quickly that prices in some markets are expected to fall 5% or more in June, and inventories are growing. Mills in China, the biggest driver of ...
Tags: Steel

Steelmakers Keen to Invest in Thailand - Mr Wikrom

Tue, 01 Jun 2010 01:21:00 GMT
According to Mr Wikrom Wajragupta president of the Iron and Steel Institute of Thailand, Foreign steelmakers are still interested in moving their upstream steel production to Thailand despite recen...
Tags: Steel

China Steel Mills Cutting Production

Mon, 31 May 2010 02:41:00 GMT
Iron ore spot price has down for more than a month and lately traders got bad news again. A preliminary research shows that at least 19 steel mills in Tangshan have planned to overhaul in June. Aff...
Tags: Steel