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According to the most recent statistics published by the World Steel Association, the crude steel production by 65 member countries was 138.045 million tonnes (Mt) in March this year, down 2.7% upon comparison with production of 141.811 Mt during same month the previous year. The total crude steel ... Read More
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Steel companies, research centers and environmental groups in Beijing and its surrounding area have formed a new association to control air pollution. Initiated by the Beijing Science and Technology Commission and its counterparts in Tianjin and Hebei, the association, comprising 70 such institution... Read More
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Three top executives from US steel industry presented their case before Congressmen from steel producing states. Mario Longhi, president and chief executive officer of United States Steel Corporation, John Ferriola, chairman, chief executive officer and president of Nucor Corporation; and, Mike ... Read More
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( From Chinadaily)---Prices of imported iron ore at 33 major Chinese ports continue to fall due to thin spot trading volumes and a strong wait-and-see attitude, a report showed Tuesday. For the week ending March 23, the price index for 62 percent pure iron ore imports dropped three points from the ... Read More
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( From Chinadaily) Zhanjiang’s steel industry will create tens of thousands of job opportunities when the Baosteel Base becomes fully operational, according to Zhanjiang Human Resources and Social Security Bureau. Statistics from the municipal human resources and social security bureau shows that ... Read More
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( From Xinhua News)---China will accelerate the overhaul of its overly-invested iron and steel sector to bring it back to a "basically balanced level" by 2017, the industry ministry said. The Ministry of Industry and Information Technology (MIIT) said it would aim to bring industrial average profit ... Read More
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Major Taiwanese long steel product manufacturer-Feng Hsin Iron and Steel Co. has decided to hike its rebar prices for the week commencing March 23rd, 2015. Also, the prices of section steel will remain flat during the week. The company has announced that the scrap purchasing prices too will remain ... Read More
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Angang Steel Co., Ltd. announced the latest ex-works prices for steel products in April. Prices were down 50 yuan per tonne for hot-rolled products, down 250 yuan per tonne for hot-galvanized products,150 yuan per tonne for common cold-rolled products, and unchanged for M&H Plate and coated products... Read More
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Pakistan is most likely to impose 15% regulatory duty on imported hot rolled products and pipes. The proposal to this effect by the country’s Ministry of Industries and Production has now been approved by the Federal Board of Revenue (FBR). In addition, a fixed sales tax of PKR 5,600 per tonne will ... Read More
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European steel exports and domestic demand are expected to improve during this year, with activity in the steel intensive sectors rising by 2.2% in 2015, said the European Steel Association. According to Eurofer, most of the sectors saw their earlier prognosis slightly downgraded, with the exception ... Read More
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