NEMS Warehousing

Steel

EU longs market sees hesitant buying

Europe’s longs market is seeing few signs of a strong return in buying sentiment this month as business gets back to normal after the long summer break.

Mechel reveals mine shutdown after two weeks

Pakistan looks to double steel output by 2015

Experts look at ArcelorMittal’s pricing in SA

Indian miner inks pact with SA’s Kopano

Doubts over big Brazilian iron ore find

AK Steel lifts carbon base prices by $40/ton

Power shortages boosting Chinese steel prices

Shandong raises coke price guidelines

Hebei Steel to produce more value-added steel

Nippon Steel halts deliveries of HDG pipes

Chongqing Steel in Finex deal

Iron ore and coking coal prices fall in Q4

Leading mining companies have confirmed this week that they will be cutting iron ore and coking coal prices in the fourth quarter, the first reduction since the industry switched to setting prices on a quarterly basis last April.

Indian mills hike prices on higher input costs

CSC continues running at full capacity

Sugang mulls rolling mill

Evraz posts interim loss despite jump in sales

CAP gives green light to iron ore expansion

US steel import permits decrease 15%

New plan for Shandong and Rizhao merger

NSSC hikes austenitic prices by Yen 10,000/t

Nisshin Steel starts new line in China by 2012

Chinese recycler’s profit more than doubles

Price rises on the horizon for Turkish longs

Scrap firmer after Turkey's booking flurry

Scrap offers in Turkey have moved up again after seemingly hitting a high in mid-August when US offers managed to firm up and stabilise despite the month being generally slow.

Pakistan’s Tuwairqi Steel to start DRI plant

Severstal in coated sheet expansion

Six months of record steel trading

Japanese steel stockpiles, output and shipments all fall

Shagang raises prices

Higher output at Chinese pipe mill

Profitable period for Shougang Concord companies

Good start for BF at Chinese mega-mill

Valin subsidiary idles coke oven

Turkish flats prices continue to firm up

Flats producers in Turkey are pushing for increases of at least $20/t for domestic September delivery but it will not be until the middle of the month before a clearer picture emerges of how the market is developing.

Corus sees lift-off in aerospace steel prices

Timken ups cold-drawn tubing prices by 30%

Miner to build steel mill after speedy land deal

TK Nirosta in major service centre shake-up

Dillinger sowing seeds for the future

Brazil’s steel industry ‘has highest tax burden’

Japanese mills win cut in coking coal prices

Japanese steelmakers have apparently won a 7% cut in quarterly coking coal prices from the world’s largest supplier of coking coal, Australia’s BHP Billiton Mitsubishi Alliance (BMA), the first reduction this year.

Shandong pipe mill to expand despite fall in profit

South China mill is back in the black

Australian plate maker expects better market

Profit surges at Jiangxi flats producer

Perwaja Steel ‘stays prudent’ on iron ore price volatility

Wuhan to seek even more overseas iron ore resources

New stainless steel mill in China

Chinese mill to secure coke supplies

Hot rolled producer to raising funds

Thai group cracks on with Corus slab plant purchase

Scrap traders await come back in Europe

European scrap markets shared a slowdown in demand during August although all of them are seeing a rise of around €20/t to €40/t on July prices after a dip by the same amount last month.

Arequipa sets new capacity rolling

Ternium completes Ferrasa acquisitions

JSW to kick start expanded mill in September

Indian retailer diversifies into steel industry

German union seeks 6% rise

Milestone at ThyssenKrupp

Timken opens new office in Asia

Japanese scrap export prices stalling

Japanese scrap traders and dealers are watching carefully to see if the collapse of the latest export tender held by Osaka-based scrap dealers on 30 August is just due to temporary factors, or whether scrap prices are in for a full-blown pull-back.

Baosteel’s profit surges almost 11-fold

Posco acquires Daewoo International

Higher stainless steel prices expected in China

Yusco hikes export prices

Valin to start constructing auto sheet JV

Rio Tinto invests US$1.6bn in 15mt/y iron ore mine

Tiangong International reports higher profit