Ontvang nu dagelijks onze kooptips!
word abonnee
sluiten ✕
Terug naar discussie overzicht
Nieuws Steel Business Briefing
Volgen
Preview of Today's Top Article China turns to WTO to resolve EU steel fastener case China has requested World Trade Organization consultations with the European Union regarding the anti-dumping duties the EU has imposed on Chinese imports of steel fasteners. It is the first time that China has used the WTO dispute settlement process to solve trading disputes with the EU. Yao Jian, a spokesman with China’s Ministry of Commerce (Mofcom), said the EU had not acted in accordance with WTO rules, and said its decision lacked transparency and had harmed the interests of over 1,700 Chinese producers. to read more subscribe here TODAY'S TOP SBB HEADLINES Posco plans auto service centre in Turkey Most plate prices continue to rise, reports The Steel Index Mixed views on mills’ ability to achieve orderly restart HRC import offers climb towards $600/t in E. Asia Chinese domestic CRC prices keep rising Gerdau's Brazil-Peru 'billets corridor' sees heavier traffic US sheet market rebound expected to last through Q3 Europe ArcelorMittal first to restart blast furnace in Germany Imported plate remains absent from Southern Europe Russian mining & metals union sees signs of positive change Excess stocks in Germany amount to about 0.5m t Italian flats market back to import purchases UK medium sections and merchant bar prices stable Italy’s Marghera sees steel imports rise, no scrap ArcelorMittal agrees payment plan for 10.9% stake in Ostrava Italian automotive sales and orders increased in July Celsa Atlantic plans lay-offs on drop in sales Consumables maker sees improved demand from mills Czech steelmaker under investigation by police IMS appoints Muller to head French operations Asia India's Essar Steel buys coil-coater Chinese manufacturing growth domestically driven China turns to WTO to resolve EU steel fastener case Vietnamese re-export of HRC is limited Profits improve for CISA mills in May/June China bulb flats prices rise, but end-user demand weak Cheap scrap helps Kyoei, Godo post Q1 profit surges Low stocks help lift Korean domestic HRC prices Yieh Phui continues to raise HDG output North America US imports rebound in July despite low volume from China USW seeking swift action against USS by Canadian gov American steel buyers' outlook improving - ISM survey US puts 20% dumping margin on Thai HRC imports ArcelorMittal's NA longs output rises US Steel locks out Canadian workers; USW wants to meet Latin America Gov payout for Sidor boosts Ternium's Q2, H1 results Brazil’s rod prices stable, demand strong Argentina's Acindar operating at 50% of its output capacity Middle East & Africa Price cut fails to revive Egyptian rebar demand Scrap & Raw Materials Brazilian iron ore miner MMX appoints new CEO Egypt scrap prices increase, demand better LKAB to restart all pelletizing plants on rising demand Former Ford boss Nasser set to become BHPB chairman Lianyuan to commission new BF in September Spot iron ore prices keep rising despite surging imports Asian iron ore benchmark becoming de facto for China 2009 price talks freeze Brazil's coal import market Iran cuts iron ore exports on high transport costs Stainless steel & Ferro-alloys US assigns higher AD rate to Taiwanese stainless coils New Siberian manganese mine & smelter gets financing NAS hikes stainless flats 6%, AK makes a 6-9% move Stainless tubemaker Tubacex sees profits slump Posco to lift domestic stainless prices in September Taigang Stainless prices surge $145-337/t Tubes & Pipes Brazil's tubes & pipes output, exports drop in H1 Seamless pipemaker Vallourec expects low point in Q3
Preview of Today's Top Article Russia’s Sberbank lends Evraz €12.7m Russia's Sberbank bank says it has opened an 8.8bn rouble (€12.7m) credit line for the Russian arm of Evraz Group. The funds will be used for “general corporate purposes,” Evraz's spokesman in Moscow tells Steel Business Briefing. The parties declined to disclose more details. Sberbank says the funds are provided for the Russian assets of Evraz Group: Nizhny Tagil iron and steelworks (NTMK), West-Siberian steelworks (ZSMK) and the Kachkanarsky iron ore mining and beneficiation plant. Sberbank says providing a loan for Evraz is a major step in supporting Russian strategic industries. to read more subscribe here TODAY'S TOP SBB HEADLINES Chinese billet prices surging Indian mills hike flats prices on good demand Majority foresee steady demand, says The Steel Index survey N.Euro strip market cautiously optimistic, forecasts vary Hyundai to lift September H-beam export prices by $20-30/t Xinyu Steel latest to commission blast furnace CIS slab export prices are firmer still Vale enlarges fleet and expands cif-based pricing Europe Italian HRC prices may rise mid-to-late September UK rebar prices still floundering at low levels Auto industry shows signs of improvement in Spain Russia’s Sberbank lends Evraz €12.7m Asia Indian rebar prices weaken due to construction slowdown Posco commissions CGL plant in Mexico Wuhan Iron & Steel hikes HRC prices by $118/t China's Hegang hikes rebar and wire rod prices Shipbuilding orders rebound strongly in July Siam Yamato's Thai steel plant should get start-up OK soon North America Top US service center loses $130m in the second quarter US fabricator expects stimulus projects to boost sales Lakeside Steel interested in purchasing US Steel Canada Russel: Q3 margins will improve, but more demand needed Latin America Peruvian rebar export prices remain flat Chile's construction activity drops again Usiminas Cubatão to lift coil shipments to southern Brazil ArcelorMittal Sabará commissions third drawn bar mill Argentina's Siderar sees its H1 shipments fall 18% Middle East & Africa Pakistan looks to hike production capacity to 15m t/y Turkish merchant bar exports face lacklustre demand Iran's Meybod plans to double iron output, move into steel Scrap & Raw Materials Schnitzer set up for 'Cash for Clunkers' program Brazil's iron ore exports grow 19% in July Turkish iron ore imports increased 78% in H1 Chinese EMM prices rise $100/t Minmetals announces 150m t iron ore deposit in Anhui Australia's loss is Brazil's gain in iron ore sales to China Polish coking coal group taps into new coal deposit Stainless steel & Ferro-alloys Albanian Chrome restarts FeCr production at Elbasan Indonesia's Antam to restart FeNi smelter in September Nisshin announces price hikes for stainess CRC Merafe optimistic on FeCr demand as stainless recovers Tubes & Pipes Imports of Chinese OCTG fall below 100 tonnes for July ERW pipe prices going up another $45/s.ton in US market Yalian Steel completes buyout of joint venture partner Corinth Pipeworks establishes Polish sales subsidiary European welded tube market subdued, but price rise likely Pakistan imposes import duty on stainless tubulars China's BSS supplying Sino-Russia Crude Pipeline
Preview of Today's Top Article Some optimism returning to UK construction sector The rate of contraction in the UK construction industry slowed in July, according to the latest figures from the Chartered Institute of Purchasing and Supply (CIPS)/Markit Purchasing Managers’ Index (PMI). The PMI value for construction in July was 47, up from June’s figure of 44.5. While this increase was “modest, the sector reported contraction at a slower rate - the slowest in sixteen months,” CIPS/Markit say in a release sent to Steel Business Briefing. Values below 50 represent contraction, anything above represents growth. to read more subscribe here TODAY'S TOP SBB HEADLINES Billet offer prices to SE Asia continue to firm Low demand could put ceiling on rising prices - WSR Turkey's Kardemir opens billet booking at higher prices Global manufacturing activity steadies in July CIS billet export market up $30/tonne ArcelorMittal bringing BF back to life in Cleveland Brazilian domestic plate prices up from July Europe European infrastructure spending impact disappointing so far N. European tinplate contracts run to end-2009 Marcegaglia to benefit from higher output at Bremen Some optimism returning to UK construction sector Saarland’s Rogesa sticks to furnace reline schedule Czech steelmaker invests to cut coke battery emissions LKAB CEO and president dies ArcelorMittal relights idled furnace at Florange Asia Shandong I&S sets annual profit target of $73.5m Shanghai merchant bar prices softening HRC import offers rise but China not buying China property sales retreat in July Posco, Krakatau insist no progress on steel plant venture Korea’s plate importers unfazed by Chinese price hikes North America US longs market expecting surcharge increase of $10-30 Severstal says US pullout story 'erroneous' Gerdau Ameristeel planning to keep Sayreville operating Gerdau Ameristeel reports $58m loss, sees market bottom Latin America Gerdau: Q2 output better than Q1's, but still below 2008 ArcelorMittal further increases longs production in Brazil Problems with DRI feed affects Sidor's output Argentina's auto production up 6% in July Middle East & Africa South African construction down, should improve soon Ezz waits for Algeria to clarify law on foreign investment Turkey's Erdemir raises flat rolled steel prices $50-60/t Arcelor moves its Erdemir shareholding within the group Nippon Steel to start shipping HRC to Safal from October Scrap & Raw Materials Indian Steel Ministry proposes partial sale of NMDC Chinese pig iron prices rising China domestic iron ore prices picking up Chile's H1 iron ore output down 16% Stainless steel & Ferro-alloys European FeCr spot prices benefit from stainless upturn Chinese FeSi prices rise $20/t as supply tightens Asian stainless surges $150/t on nickel push NSSC lifts austenitic, ferritic CRC prices for August Tubes & Pipes Tenaris H1 tubes sales fall 38% TMK completes eurobond debt buyback Shougang to develop high value pipe Chinese seamless pipe price rising China’s welded pipe prices rise again Brazil's TenarisConfab sees Q2 shipments drop 41%
Preview of Today's Top Article 62% iron ore reference price exceeds $100/t: The Steel Index The latest daily iron ore reference prices released by The Steel Index last Friday (7 August) show that the price for 62% Fe has passed the $100/tonne cfr level. The reference price for 62% Fe content Iron Ore fines finished the week at $104.10/dry metric tonne CFR Tianjin port, China. This was a $8.80/dmt, or 9.2%, increase from a week earlier, and is 28% above the level a month ago. to read more subscribe here TODAY'S TOP SBB HEADLINES Rebar prices to SE Asia move up, but local resistance CIS pig iron export prices edge up a little more Mills seek €30-40/t hike for merchant bar in N. Europe Baosteel raises plate prices for September Gerdau Açominas running with both BFs at 70-75% rate US longs price rise uncertain as surcharge fizzles Europe Vorskla Steel Denmark delays production restart indefinitely US Steel Kosice to restart blast furnace in September German steel output rises from June to July Tinplate prices in Europe still above 2008 levels German narrow strip mill invests while market soft ArcelorMittal ‘confident’ in future of Romanian plants Italian flat import licences rose overall in July Asia Few Chinese mills exporting rebar/wire rod China’s traders confused by HRC market volatility Chinese H-beam prices strengthen Baosteel struggling to meet "explosive" domestic demand Sumikin Bussan in Thai steel processing venture Korean steelmakers to benefit from India pact Japan’s H-beam stocks at end-July rise slightly again North America Nucor's contract sheet buyers to see modest price rise Survey shows optimism on economy, worries about demand USW supporting Lakeside Steel bid for US Steel Canada DOC finds China not dumping plate into US market Latin America CSN reports US$180m profits with big slab stock reduction Brazil's Gerdau Usiba to boost H2 output rate Argentina's construction activity still depressed Middle East & Africa Turkish mills turn to Asia for price support South African imports down, still significant net exporter Scrap & Raw Materials IOC sees 2009 ore settlement prices off substantially Iron ore swaps hit new high Chinese coke prices rise despite softer steel prices Indian scrap market firms Scrap import prices continue to rise as supply tightens N.European scrap prices firm for second consecutive month Mills dismiss CISA plan to turn to small iron ore producers Korean mills raise scrap buying prices despite summer stops 62% iron ore reference price exceeds $100/t: The Steel Index Stainless steel & Ferro-alloys US says Mexico dumped stainless coil but Japan did not NA stainless prices rising - surcharges up for September Turkish chrome ore exports supported by Chinese buying Higher moly price restarts expansion plans at Thompson Creek Brazil's 400 series prices could rise twice for Aug-Sept Chinese FeCr import prices rise but trading slows Tubes & Pipes China's Qixing builds new welded pipe mill in Botswana
Preview of Today's Top Article Russia’s Amurmetall restarts production Russia's far eastern steel producer Amurmetall is producing again, after a three-month halt in production which resulted from a lack of working capital and subsequent shortage of scrap feed. “No.1 electric arc furnace is operating, along with a continuous billet caster,” the mill's spokesperson tells Steel Business Briefing. August production volumes will consist chiefly of commercial square billet for export, with the addition of some sections, as dictated by current market conditions. 90,000 tonnes of crude steel will be produced this month, the company says. to read more subscribe here TODAY'S TOP SBB HEADLINES Most coil prices rising, especially in US - The Steel Index Turkish rebar export business slack Chinese domestic HRC prices fall steeply UK strip prices remain buoyant, optimism less so UAE’s Al Ghurair set to expand in 2011 ArcelorMittal's Lázaro Cardenas output minimal after strike Europe Former Istil mini-mill in Ukraine changes hands again New Czech & Lithuanian nuclear reactors will require steel Steel orders rose again in Germany from May to June Impress takes over Spanish fish can maker Ilyich aims to restart largest furnace sooner than planned Asia Russia’s Amurmetall restarts production Hwangyoung Steel stops 100-t EAF for repairs Shougang buys 90% stake in Changzhi Steel China real estate sector strong in July North America US imports of Korean coiled plate up by 200% Production up again at US mills, but slightly China leads recent decliners in US import data US longs maker Keystone sees increasing shipments Argan acquiring United American Steel in $50m deal Lakeside hires former Stelco exec as president and COO Union: Mexico's Viga Trefilados suspends production Posco eyes expanding US-Mexican auto sheet demand US sheet prices continue upward climb Latin America ArcelorMittal Brasil commissions service center in Peru Venezuela's Sizuca revamping rolling mill Gerdau still studying greenfield mill in Pérez, Argentina Usiminas Mecanica begins work on Cosipa hot strip mill Brazil's CSN foresees strong H2 shipments Middle East & Africa Turkish flats prices rising, higher import prices expected Emirates market stable: sellers seek to avoid volatility Scrap & Raw Materials Palladon's Utah iron deposit meets prior 40m s.ton estimate ArcelorMittal to continue mining Russian coal Turkish demand for imported scrap remains weak Turkish mills raise buying prices for domestic scrap International market will need US coking coal UK scrap prices firm again on export & domestic demand Magang develops captive iron ore mines Indian pig iron tender attracts higher priced bids Fortescue posts first profit, but production off target China coke prices strengthen while exports stagnate China accuses Rio of overcharging for iron ore by $102bn Tubes & Pipes Man Industries loses little on Arkansas pipe mill pullout Tenaris to open pipe service centre in Libya Global oil/gas drilling rig numbers well down year-on-year Maruichi proceeding with Vietnam pipe mill
forum.worldsteelprices.com/post?id=36... WORLD (GLOBAL) - ALL PRODUCTS COMPOSITE CARBON STEEL PRICE FORECAST As predicted, the MEPS- Global Carbon Steel price moved up by over 1 percent in July. Higher input costs forced local producers to implement advances in domestic selling figures, with varying success across the three regions and products researched. Strip mill categories recorded the largest gains. Inventory adjustment is almost complete, with some shortages developing. Consequently, many distributors increased their purchases with local mills. Delivery lead-times lengthened. Output restrictions were eased by some steelmakers. Sales to the automotive and bridge building sectors recovered slightly. However, end-user demand was lacklustre, particularly from the construction sector in most countries. Many customers are still working at reduced operating levels and taking extended summer holidays. Export opportunities from east to west remained low due to weak global consumption. Banks remained reluctant to lend to businesses, negatively affecting buying power. Rising input costs are likely to force mills to push through additional increases in transaction values during the remainder of 2009. Distributors may buy ahead of further perceived price hikes as they attempt to refill depleted inventories. However, the summer slowdown in the west could restrict these advances initially. World steel consumption is forecast to remain subdued this year. Most customers in the EU and US will also keep their re-stocking efforts to a minimum in the run up to the financial year end. Consequently, the recovery in steel selling figures is expected to be restrained during the fourth quarter. Many western consumers are likely to increase their purchasers of steel related products by early 2010. Moreover, credit restrictions should reduce, stimulating demand across the supply chain in all regions. Further advances are, therefore, forecast for the first half of 2010 as the world economy emerges from the recession. However, this upturn is predicted to be much slower than the ones recorded in recent times because many companies will still be feeling the after effects from the recession. EU – ALL PRODUCTS COMPOSITE CARBON STEEL PRICE FORECAST The MEPS - EU All Products Composite transaction value slipped marginally in July. Strip mill prices increased as de-stocking came to an end, despite poor end-user consumption. Sales to the automotive and bridge building sectors recovered slightly. Some distributors bought ahead of the summer shutdowns in a bid to expand their availability for September. This, coupled with continued output restrictions, helped producers to obtain modest price advances for most flat products. However, a fall in scrap costs during June resulted in a significant decrease for long categories. Producers offered discounts in a bid to secure orders because construction activity was subdued. The MEPS – EU All Products Composite transaction price is forecast to increase after the summer period. Rising raw material costs and some re-stocking are likely to put upward pressure on steel values. However, downside risks remain. End-user consumption is likely to stay low during the second half of this year. Oversupply may also become a feature of the market, once again, if local mills ramp up production too quickly. Pressure from imports could return in the fourth quarter if domestic transaction values move up significantly. These factors are expected to limit the size of any rises in selling figures in the final quarter of 2009. A revival in the steel market is predicted for 2010 with transaction values moving higher during the first half of the year. Purchase volumes should grow as the economic climate improves and credit restrictions ease. However, we do not envisage a return to previous market conditions in the medium term. The recovery is likely to be slow. Therefore, prices are projected to remain below those in the growth years of 2006, 2007 and 2008 over this forecast period. NORTH AMERICA – ALL PRODUCTS COMPOSITE CARBON STEEL PRICE FORECAST The MEPS – North American All Products Composite transaction price moved up by almost $US30 per tonne in July. This was a slightly larger increase than we had anticipated in our June forecast. Rising scrap costs put upward pressure on steel selling figures. There was little or no import competition. Inventory levels decreased and service centres began to refill gaps in their stocks. Consequently, distributors increased their purchases with local mills. Delivery lead-times lengthened. US steelmakers continued to lift production - with crude steel capacity utilisation rates moving above 50 percent for the first time since November last year. However, the market remains weak. End-user demand is lacklustre, particularly in the automotive and construction sectors. Many customers are still working at reduced operating levels and taking extended summer holidays. A rise in scrap values during July resulted in most US mills announcing significant price advances for both flat and long products in August / September. A lack of import pressure could help them to secure a large proportion of these increases. However, the summer slowdown could make it difficult for local producers to pass on the full amount to customers. Sales volumes from domestic producers are likely to increase as distributors begin to refill depleted inventories. Nevertheless, the recovery may be short lived. There is potential for raw material values to soften over the coming months. Underlying consumption is expected to stay weak throughout the second half of 2009. Most customers will also keep re-stocking efforts to a minimum in the run up to the financial year end. Consequently, we foresee a modest dip in steel selling figures during the fourth quarter. The economic situation should begin to improve early in 2010. Moreover, credit restrictions should reduce, stimulating steel demand across the supply chain. Consequently, the steel price revival is forecast to resume in the first half of next year. However, this upturn is predicted to be much slower than the ones recorded in recent times because many companies will still be feeling the after effects from the recession. ASIA – ALL PRODUCTS COMPOSITE CARBON STEEL PRICE FORECAST The MEPS – Asian All Products Composite transaction price expanded by approximately 1 percent in July. This was in line with our June forecast. However, movements across the nine categories researched were mixed this month. Higher input costs forced local producers to implement advances in selling figures, with varying success across the region. Increases were noted in four products and the other five recorded decreases. The manufacturing, automotive and home appliance sectors improved in Japan, mainly due to the government’s economic stimulus plans. Car sales and construction activity strengthened in China. State funded schemes supported the recovery of long product shipments in Taiwan. Inventory adjustment across the region is progressing, with some shortages developing, particularly for strip mill material. Export opportunities remained low due to weak global consumption. Higher input costs are likely to force mills to push through additional steel price advances during the remainder of 2009. Customers will, almost certainly,
Preview of Today's Top Article European rebar prices moving up slowly, plate weakens The latest reference prices released by The Steel Index show that European rebar prices have risen since last week, but plate prices are slightly weaker. However, the US plate reference price is just higher. The southern European rebar reference price has increased to €360/tonne ($517/tonne) since last week, and the average delivery lead-time is just shorter at 3.7 weeks. The northern European rebar reference price ex-works also rose, by €9/t, and the average delivery lead-time is more than a week longer than last week at 4.2 weeks. to read more subscribe here TODAY'S TOP SBB HEADLINES China's steel output, iron ore imports hit record levels Russian coil prices strengthen some more European rebar prices moving up slowly, plate weakens Indian HDG, CRC export prices on the rise Export surge boosts Japan’s ordinary steel orders Turkish bar exports down by a quarter in July, y-on-y Egyptian rebar market demand slows Five new mills to contribute to US large-diameter pipe clog Plate increases may be scorched by weak orders in Brazil Europe Bulgarian steel production fell significantly in H1 SBB Special Report: Car scrappage deals postpone sales slump Riva crude steel output down slightly in 2008 Asia Mechel & Mitsui plan metal & raw material joint ventures China ship building and auto to use 28m t of steel in 2009 China to build world's largest trans-ocean bridge Vietnamese demand for long products continues to grow Shagang nudges rebar prices up while spot slides Korean sections prices to climb by KRW 50,000/t HRC under pressure from Gwangyang furnace trouble North America CSI ships more, profits less in Q2, but uptick seen US DOC makes final ruling in China cut-to-length plate case Japan, Italy lead the way in US rail import rise Latin America Argentina's mills get boost from exports Ecuadorian rebar prices stabilize at US$650-700/t Venezuela's auto sector drops again Brazil's rail imports steady with Austria as top supplier Middle East & Africa Saudi Arabian flat prices rise, demand good Turkish flat coil imports decline by 42% y-o-y in June Libyan rebar demand to increase in medium term Scrap & Raw Materials Chile's CAP plans to deepen ties with Mitsubishi Spot sales to China support Ferrexpo’s ore business Korea's, Daewoo buy into Whitehaven coal project China coking coal producer raises coal prices Port decongestion pushes Capesize freight rates lower Australian officials visit detained Rio Tinto exec in China Spot iron ore prices in China hit record high this year Fortescue said sourcing $1bn from China Japanese scrap export prices jump in Kanto auction Brazilian manganese domestic consumption on the rise Tata to cut Corus's reliance on external raw materials Stainless steel & Ferro-alloys Turkish imported stainless coil prices up, real demand low Molybdenum brighter as demand from all sectors rises Tubes & Pipes Turkish pipe export prices increase despite low demand Hebei Wenfeng to start new welded pipe mill
Preview of Today's Top Article Czech government rejects steelmaker's request for aid The Czech government has turned down ArcelorMittal Ostrava’s request for state aid to subsidise the salaries of 500 of its workers who are currently on paid leave, a Czech government representative informs Steel Business Briefing. The workers, who have been on leave for several months, are being paid 70% of their usual salary by the steel plant, which is thought to be spending CZK 28m (€1.07m) for this purpose. to read more subscribe here TODAY'S TOP SBB HEADLINES China books billet imports; offer prices to SE Asia rise Turkish billet exports more than double month-on-month Majority expect prices will continue to rise -TSI SBB Special Report: Chinese HRC prices start to stabilize Japanese mills eye $600/t for HRC from Korean re-rollers Sources say US Steel preparing for Great Lakes restart Offers for Brazil's pig iron surge to US$330-340/t fob Europe Corus may raise output at Teesside beam mill Arvedi's new endless HR strip line said to cut costs Czech government rejects steelmaker's request for aid Corus IJmuiden’s new ladle furnace not yet operational German cold rollers see orders down 40% in 2009 Asia Chinese domestic CRC prices dip slightly More price hikes expected from China Steel Corp China's Tiantie starts first wire rod line Posco denies plans to sell Posco C&C to Union Steel Shagang to put new hot strip mill and BF on stream SAJ dismisses likely ship plate demand decrease North America September transaction prices on WF beams unchanged CSI executives not sure when slab purchases will normalize Timeframe for Granite City furnace restart uncertain Mexico's construction activity continues to drop Allegheny announces 9% electrical steel surcharge hike Latin America Chilean group CAP reports H1 loss, but H2 looking better Imports drop within South America; Brazil's purchases up Brazilian mills 'passing' on US$500/t fob buy offers for rod Colombian construction prices drop again in July Middle East & Africa Turkish galvanized demand is firm Kardemir goes for higher list prices UAE coil market slackens, but import offer prices rise Scrap & Raw Materials Venezuela's FMO workers go on strike Indian domestic metallics prices show upward trend BHPB believes Chinese demand could slow Iron ore concentrates market varies across China Rio execs charged with bribery and secrets infringement CSA starts Shandong pig iron plant MMK starts mining at new iron ore deposit ArcelorMittal to invest in Russian coal mine Ukrainian miner's H1 iron ore output down, but pellets up Chinese pig iron output peaks in July Gujarat NRE to start longwall mining at Aust mine Stainless steel & Ferro-alloys Egypt reduces export tariff on stainless steel scrap Typhoon halts Chien Shing stainless mill Posco delays opening stainless export prices a week Taigang Stainless 304 prices surge another $175/t Tubes & Pipes Oil/gas pipeline construction activity buoyant says analyst Spanish tubemaker to cut distribution jobs NA rig numbers climbing, still only half of 2008's total Turkish domestic pipe prices increased on higher coil costs Domestic pipe makers supply Guangdong project Chinese seamless pipe prices soften
ArcelorMittal H1 sales in Romania down by 68pct YoY Friday, 14 Aug 2009 It is reported that ArcelorMittal' sales in Romanian market in the first half of 2009 decreased by 68.3% YoY to USD 258 million as compared to USD 813 million in the same period last year. The reduction was sharper than the average sales decrease of 61.2% registered by ArcelorMittal in Europe and was caused by low demand from Romania’s machine building, shipbuilding and construction industries, which due to the crisis also registered a sizeable reduction of orders. Due to decreased sales, ArcelorMittal's largest Romania based subsidiary ArcelorMittal Galati in the first 6 months of 2009 closed almost half of its production capacities and laid off about 3,000 workers under a voluntary leave program. In January to June 2009, the plant produced between 500,000 tonnes and 600,000 tonnes of steel as compared to 2 million tonnes produced in the first half of 2008. Meanwhile, trade unionists have claimed that ArcelorMittal Galati has violated the plant's privatization contract, by closing its coke plant Uzina Cocso Chimica in May. The company has denied the allegations and is expected to negotiate with Romania’s Authority for State Assets Recovery for an addition to the privatization contract signed in 2001, which will guarantee the continuation of investment and the functioning of the plant, and will also include an investment package for coke production. ArcelorMittal has also denied local media reports which say that its other Romania based subsidiary ArcelorMittal Hunedoara might be shut down by the end of the current year, and that the plant is gradually selling off its rolling mills for scrap. Meanwhile, according to the reports, trade unionists at the plant intend to sue AVAS and ArcelorMittal for violation of contractual obligations and for the destruction of the Hunedoara plant. In Romania, ArcelorMittal owns the Hunedoara and Galati steelmaking units, ArcelorMittal Tubular Products Roman, ArcelorMittal Tubular Products Iasi, the Romportmet Galati harbor and the local branch of its construction company ArcelorMittal Construction.
Preview of Today's Top Article Stemcor's European & stockholding operations suffer in H1 The weak European market and a stockholding business afflicted by lower volumes has pushed London-headquartered independent steel trader Stemcor to a first-half operating loss. Overall invoiced tonnage for steel fell 32% to 3.2m tonnes, and the distribution and stockholding operation suffered from a 49% drop in volumes as well as stock and debtor write-downs. As a result, around 5% of the company’s 1,400 employees were made redundant, primarily in Europe. to read more subscribe here TODAY'S TOP SBB HEADLINES China says no new steel expansion approvals for 3 years Real demand needed to support higher prices - WSR N. European strip prices continue to strengthen Ship plate import prices move up to $600/t in SE Asia Chinese domestic plate prices fall, export prices stable OECD economic indicators point to emergence from slowdown CIS billet export prices peak, eyes on Turkey Brazilian mills to get higher slab export prices in August SBB Special Report: 'Flurry of action' behind US BF restarts Europe Klöckner takes up hunt for larger takeover targets Stemcor's European & stockholding operations suffer in H1 Salzgitter posts H1 loss; tubes remain profitable Germany’s DEW raises tool steel base prices Salzgitter sees stronger demand for flats going into H2 Klöckner recovers in Europe sooner than in N. America Evraz issues 7.3m shares in favor of controlling shareholder Severstal & Gonvarri seek EC approval for joint venture Asia Indian galvanizers hike prices in August Chinese domestic HRC prices continue downwards Shanghai H-beam prices drop Chinese domestic billet prices drop Hysco's CRC output jumps 58% q-o-q in Q2 Japanese eye recovering Thai auto sector North America US exports rebound; sales to India, Panama, Nigeria boom US rebar, merchant bar transaction prices unchanged Furnace problem indefinitely delays USS Great Lakes restart Mexico's automotive sector still depressed Nucor tries $40 plate price hike for September Latin America Work advances for Vale's greenfield mill in Pará Colombian iron and steel imports drop 26% in H1 Another MoU suggests a go-ahead for Brazil's Pecém project ArcelorMittal Inox reduces electrical steel output in Brazil Middle East & Africa Turkish mills press for higher domestic rebar prices Turkish flat product exports increase by 50% Egyptian strip market on hold Turkish sections exports continue to slow Scrap & Raw Materials Brazilian manganese producer moves towards FeMn market Vale Inco's Canadian nickel operations still mired by strike Felix Resources recommends Yanzhou Coal offer Fortescue poised to announce new funding deal for expansion "Ridiculous" climb in Chinese EMM export prices Xilin Steel to get more local pellets Japanese scrap exports surge Patchy iron ore benchmark deals leave pellet maker exposed Stainless steel & Ferro-alloys EU investigates stainless fastener dumping allegations New ferro-alloy smelter to be built in Indonesia Asian stainless prices continue surging Nickel prices seen hovering around $20,000/t Tubes & Pipes Spanish tube maker announces temporary lay-offs South Stream gas pipeline project progresses China’s welded pipe prices falling slowly Korea tries again to sell its 3,000 t of ERW pipes China builds giant power pylons using pipe
Preview of Today's Top Article EU investigates violation of AD on ropes/cables from China The European Union is initiating an investigation concerning the possible circumvention of anti-dumping measures imposed on imports of carbon steel ropes and cables from China, Steel Business Briefing learns from an official document. Chinese manufacturers are allegedly avoiding duties by transhipping steel ropes and cables via Korea and Malaysia according to a preliminary investigation. In addition there is evidence that the increased volume of imports is at prices “well below the non-injurious price established in the investigation that led to the existing measures,” the EU says. to read more subscribe here TODAY'S TOP SBB HEADLINES Buyers hesitate as HRC offers rise in SE Asia North Europe plate market sends out mixed price signals Chinese plate export prices to Korea up by $40/t Japanese mills eye higher H-beam export prices Nucor ups spot sheet prices by at least $30-40/s.ton Brazil: mill restarts have strong impact on July's output CIS rebar/rod prices rise on higher billet, demand still low Europe EU investigates violation of AD on ropes/cables from China Disparity between UK & mainland EU strip prices ‘perplexing’ TK’s steel divisions post losses on lower demand & prices Asia China to spend $300bn on rail over next 3 years Chinese rebar/rod output slightly down in July China shipbuilding completions up 78% y-o-y Stimulus measures help China auto sales pass 1m in July Posco-Nippon Steel jv starts Vietnam coil sales Recovery will come from Asia, says Danieli North America September wire rod prices going up $10/s.ton in US market Gerdau Ameristeel, USW continue Sand Springs talks Mexican rebar prices increase again in August Latin America Votorantim denies postponement of Colombian project Votorantim wins 100,000-tonne contract in Brazil More steel imports unloading in Brazil's Ceará state Middle East & Africa Turkish flat steel demand good, but outlook unclear Turkish wire rod exports rise on more buying from Asia Scrap & Raw Materials Curtin named president and CEO of Tube City IMS H1 Colombian ferronickel exports increase in volume US Great Lakes iron ore, limestone shipments up in July Near-term ore swaps fall on softening physical prices Iron ore price comes off recent high - The Steel Index Mechel appoints new head of mining subsidiary Lower iron ore prices and demand impact LKAB’s Q2 result BHPB extends nickel deal with Mincor Scrap import prices continue to sizzle in east Asia SBB Special Report: India tweaks rules on scrap imports Stalled iron ore talks sees CISA increasingly marginalised Yanzhou Coal confirms takeover of Australian miner Heilongjiang Jianlong achieves 1.8m t/y coke capacity Stainless steel & Ferro-alloys US stainless exports up, slight backslide evident Improving demand propels ferro-silicon price upwards Yusco 300-series export prices surge $320-600/t Chinese stainless steelmakers keep output high Chinese FeSi,SiMn prices surge India’s RINL to build SiMn, FeSi smelter US stainless shipments rebound slightly Tubes & Pipes Romanian pipe maker's revenue halves in H1 Lakeside will add end finishing, hopes to add USS Canada Chinese pipe mill gets government support for new projects
Preview of Today's Top Article Tuwairqi links with Korean firm for projects in Pakistan Tuwairqi Steel Mills, the Pakistan subsidiary of Saudi Arabian Al-Tuwairqi Steel company, has established a joint venture with the Korean engineering company Speco to offer services in the engineering, procurement and construction market in Pakistan and the Middle East. The new joint venture will provide fabrication and technical expertise in Pakistan to enable foreign investments in the country for power generation and steel making. Steel Business Briefing learns from Tuwairqi that the Pakistani government intends to make huge investments in energy and industrial infrastructure by 2015. to read more subscribe here TODAY'S TOP SBB HEADLINES Global demand expected to be steady: The Steel Index survey Korea’s tight HRC supply lifts CRC export prices Chinese mills unable to stop billet prices from falling Corus to restart hot strip mill, maybe blast furnace too Global construction recovery – some much quicker than others N. European sections market gains some confidence TK Stainless Alabama mill may be postponed to 2013 Venezuela promises HBI restart after takeover of Matesi Europe Istil UK merchant bar mill still not operational New investor hopes to rescue Polish shipyards deal Turkish auto sales decline by 32.3% in July Asia China's Magang posts $116m first half loss Malaysia exempts mandatory standards for steel imports Suzuki Metal boosting capacity at China wire subsidiary China's Angang keeps September HRC prices unchanged Indian mills mount belated challenge to Korea trade deal North America TK's foreign trade zone request faces US opposition Worthington completes 1st phase of Mexican processing JV ITC says Chinese downstream imports harming US industry Latin America Chile's construction market gets worse Brazilian billet exports drop, prices increase Peru's construction sector continues to decline Central American longs prices to rise, sources say Price hikes predicted for Brazilian MBQ in September Middle East & Africa Tuwairqi links with Korean firm for projects in Pakistan Saudi Arabian billet imports slow on approaching Ramadan CIS billet offers to Turkey rising, but little trade Turkish rebar mills finding it hard to recover input costs Iran moves forward with DRI and billet projects Israeli steel company sees H1 profits decline Iran semis producer raises output 13% Scrap & Raw Materials Germany's Rogesa has no date yet for blast furnace restart Czech coal miner gears itself for increased demand Brazilian iron ore exports hit nine-month high Turkish scrap imports failed to recover in the first half LKAB to return to full production from September ENRC’s iron ore and alloy output shows signs of recovery Italian scrap prices could rise from mid-September Zhangjiagang port sees first iron ore shipment from Thailand SBB Special Report: India hikes iron ore mining royalty Chinese ferro-alloy export prices steady but under pressure China iron ore concentrates prices continue to drop Brazilian iron miner MMX improves profits, sales volume Stainless steel & Ferro-alloys Posco ups stainless export prices by $600/t for Sep-Oct 'Normality' returns to European FeNb demand, prices steady Water supply cut to nip 20,000t of stainless output at Yusco Better FeCr prospects may spur prices higher, ENRC says Tubes & Pipes Tianjin Youfa commissions new hollow sections project Line pipe and OCTG stand out among US P&T exports Thai pipemaker Southern Steel plans IPO Turkish pipemaker's H1 profit slumps
Preview of Today's Top Article Russia uses under half of EU import quota for HRC so far Russian companies have so far applied for licences to use 44.8% of the quota imposed by the European Union on imports of hot rolled coil from Russia. This equates to 475,700 tonnes - less than half of Russia’s total HRC quota for 2009 of 1.06m t. The take-up by Russian companies of the EU quotas on imports of other steel products to date is lower still. They have applied for licences to use 37% or 225,886 t of the 2009 quota for ‘other flat rolled products’, 36.3% or 39,060 t for alloyed products, 22.2% or 25,023 t for alloyed cold rolled and coated sheets, 19.1% or 63,390 t for wire rod, 17.8% or 50,248 t for heavy plate, and 12.3% or 64,109 t for ‘other long products’. to read more subscribe here TODAY'S TOP SBB HEADLINES North European coil prices continue to strengthen SE Asian billet importers await direction from China Nippon Steel goes for higher H-beam prices in September World output continues recovery, China tops 50m t/month SBB Special Report: Wind farms to spur EU plate use mid-term Domestic prices for HMS scrap hit R$400/t in Brazil AIIS calls on US government to finally nix 'zeroing' Europe Turkey’s Erdemir reports loss, may return to profit by Sept Lucchini Piombino restarts blast furnace today Slovak-Ukraine dispute resolved; USSK unaffected Russia uses under half of EU import quota for HRC so far Turkey’s Kardemir seals more rail sales to MidEast Voestalpine reports Q1 loss, but sees signs of improvement CIS producers to see slow rebound in 2010: ratings agency Corus confirms strip mill restart Asia Pakistan Steel awaits government decision on expansion plan Shougang first half profit slumps 83% Shangang-Rigang set to formalise merger: media Posco denies talk of moving Indian project site Chinese HRC export prices to Korea down by $40/t China's Songting starts building new wire rod mills Hyundai eyes domestic H-beam price rise Tokyo Steel considers adding box columns at Tahara North America Study: 'Cash for Clunkers' running out of gas with buyers US bright bar surcharges increase Toro says 2009 revenue down significantly year-on-year Latin America Peruvian angle export prices flat in August Argentina's steel activity continues to increase m-o-m Argentina's Siderar reaches flat-rolled high point in July Middle East & Africa Libyan I&S turns to domestic market as exports decline Egyptian strip market slows as Ramadan starts Khuzestan strives for self-sufficiency with new power plant Scrap & Raw Materials Capesize freight rates continue to soften Spanish scrap increases, prices over €200/t Turkish scrap booking continues, prices are increasing Iron ore trade remains steady on strong Chinese demand Rio Tinto/BHP Billiton joint venture 'on target for 2010' Rio Tinto still hopes for benchmark settlement with China Sims sees recovery in scrap demand and prices Spot iron ore price dropping rapidly in China Another Hong Kong company invests in Mongolian iron ore Stainless steel & Ferro-alloys Sentiment more positive in UK stainless coil market Dongbei Special Steel acquires stainless CR strip producer Chinese FeCr import prices hold steady for now Tubes & Pipes China’s seamless pipe production fell in July PSL wins another pipe contract from Gail China’s welded pipe prices continue to fall
Preview of Today's Top Article European stainless surcharges jump on high Ni & Mo prices European alloy surcharges on flat rolled stainless steel will increase by almost 40% in some cases in September compared to August levels, the first announcements by mills using the “short fuse” alloy monitoring period indicate. Nickel has surged during the four-week alloy price window used to calculate September surcharges, with the LME cash price recently peaking at more than $21,000/tonne. This compares with a top value of €16,250/t in the period used to set August’s surcharges. to read more subscribe here TODAY'S TOP SBB HEADLINES CIS billet offer prices hold firm in quiet week’s trading ArcelorMittal restarting another US blast furnace SE Asian coil prices weaken on fears of oversupply India halts HRC AD probe, still mulls safeguard duties Brazil's 300 & 400 series stainless prices to increase SBB Special Report: CISA climbs down after ore talks flop Europe Turkish billet market strong, merchant bar offers follow ArcelorMittal confirms restart of Belgian blast furnace Latvian steelmaker sees signs of market recovery Turkish mill Kardemir reports $31.3m loss on falling sales LME billet trading hit year's peak in July Turkish rebar exports slow, domestic stocks rise Danieli considers building new special steel plant Scrappage scheme lessens fall in UK car output: SMMT Correction: Vorskla Steel Denmark Asia India’s Welspun advances slab plant project China extends investigation into imports of US silicon sheet Hyundai Steel plans to hike rebar export prices Chinese HRC prices rebounded on Friday Angang to restart rebar making Rebar prices strengthen after Shagang reduces prices China Steel's No.3 blast furnace restart expected this week Japan’s raw steel output climbs in July JFE Steel to supply API-grade coil to Turkish pipemakers North America German company takes over Tennessee turbine maker End-users feeling more optimistic in North America Union: US Steel preparing Canadian blast furnace for restart US stimulus dollars fail to materialize so far: contractors US silicon sheet producers respond to Chinese allegations US 'Cash for Clunkers' program ends Latin America Acerbrag sees 'gradual improvement' in Argentina demand Bolivian steel demand sees improvement in July Colombia's construction industry continues to fall Service center expands in Brazil's Piauí state Middle East & Africa UAE flat steel demand declines, prices keep rising Scrap & Raw Materials RMDAS shows August US scrap prices up $13-22/l.ton Dannemora starts talks with potential iron ore buyers Turkish mills raise buying prices for domestic scrap Venezuela's FMO workers end strike South African miner approves expansion plan Rio Tinto's coal earnings higher on improved demand Iron ore miners settle claim-staking dispute in Sierra Leone Spot iron ore prices fall back sharply, says The Steel Index Rio Tinto spot sales dry up as mills choose Asian benchmark Baotou Steel moves to secure nearby pellet supply Korean rise in scrap prices likely to be short Wesfarmers reports strong met coal sales Pakistan scrap imports declined in July Stainless steel & Ferro-alloys European stainless surcharges jump on high Ni & Mo prices Asian stainless prices defy commodity price falls Tubes & Pipes DOC cancels duty review of Korean pipe maker Turkish pipe exports fall despite strong MENA buying China’s seamless pipe prices falling
Preview of Today's Top Article Higher strip prices forecast to stick in N & S Europe The European strip market has undergone a significant change in the last few weeks as coil prices have strengthened considerably on the back of low availability of material. The market is now asking whether these higher levels will be consolidated. “The market is relatively nervous because the number of blast furnaces still idle is considerable,” an executive at a major steelmaker in Western Europe, who did not wish to be identified, told Steel Business Briefing. “At least 20% of blast furnaces are still idle and although demand remains low, it does exceed the availability of material on the market.” to read more subscribe here TODAY'S TOP SBB HEADLINES Most US coil prices rise; Europeans steady - The Steel Index Rebar import market in SE Asia remains sluggish China's Wugang cuts September price increases in half Israel cancels provisional duty on rebar imports Producers 'running over' tube distributors in Brazil Cash for Crispers? US launches home appliance rebate plan Europe Turkish flat product market scents further price rises Higher strip prices forecast to stick in N & S Europe Corus Northern Engineering Services begins redundancies Asia Government appoints new chairman for Pakistan Steel Liugang first half net profit down 249% Magang raises September H-beam prices China's Xinhua Metal to expand pre-stressed cord capacity Chinese domestic CRC prices begin to firm Nippon Steel hikes blackplate, tinplate prices to SE Asia North America Mexico's H1 steel output drops 32% FreightCar America not in compliance with Nasdaq rules No agreement yet in ArcelorMittal Lázaro Cárdenas strike Steel production in Canada rises 32% Union: AK's Ashland employees returning to work Corus-Fast Steel legal dispute continues Latin America Brazilian rebar export offers rise amid lack of material Chile's Huachipato prepares for stronger H2 Brazilian flats stockists top 300,000 t of July shipments SBB Special Report: Brazilian wire market sees recovery Middle East & Africa Rajhi Steel sign contract for new 1m t/y rebar plant UAE rebar prices move higher on increasing costs Iranian rebar market slows with start of Ramadan Iran sees sharp increase in billet and coil imports Scrap & Raw Materials Polish government plans financial aid for coke producers Indian scrap dealers form new group to press for freer trade Indian Railways slaps on a new iron ore freight surcharge Chinese pig iron prices continue their fall Sojitz sells out of Australian coal miner C&A China nickel imports hit another new high in July ENRC sees global market for iron ore picking up Iranian miner raises output of iron ore Stainless steel & Ferro-alloys Better mood as European stainless coil prices continue up Korean special steel makers to lift longs prices from Sept Chien Shing stainless mill still under repairs Outokumpu to end all Tornio lay-offs by early October Strong recovery in Chinese Mn alloy, ore demand, says OMH Rivals calm as Posco doubles stainless CR capacity ArcelorMittal Ribeirão Pires sees output approach 'normal' Tubes & Pipes Severstal installs plant for Vologda hollow sections mill Rig numbers continue climb despite mild hurricane season Turkish pipemakers prefer Japanese HRC for Algerian project Turkish pipe export prices advance despite slow demand Overcapacity looms as China rushes to build pipe mills
Preview of Today's Top Article Ferro-tungsten price rise may not last, says analyst The recent rise in the price of ferro-tungsten to its highest level since February may not be sustainable, an industry analyst tells Steel Business Briefing. The price of ferro-tungsten in Europe is currently $28-29.5/kilogram (€19.5-20.5/kg), up from $25.5/kg last month and getting closer to its pre-economic downturn price of $36/kg at this time last year, a UK-based trader says. He added that the rise in price is due to “a shortage of concentrate in China.” to read more subscribe here TODAY'S TOP SBB HEADLINES EU rebar prices steady, plate up in US, says The Steel Index Korean rebar, H-beam demand rises ahead of price hikes Anshan Steel raises HRC export prices to Japan again Japanese scrap prices turn down, both home and export Southern European strip prices remain steady US imports rebound with help from Mexico, Japan Brazilian pig iron market attracting US minimills again Europe Turkish domestic rebar hangs on to higher price level Turkish long crude steel output down by 5.9% in July Russia's Mechel sets up in South Korea Turkish colour-coated coil demand good, prices steady Severfield-Rowen looks set to reduce capacity in UK VTB Bank representatives join Metalloinvest board Asia Higher HRC ex-works prices fail to stabilise spot market Indian domestic billet prices edge higher Tanggang sees electric future for Q460 angles Malaysia’s Tong Herr to build billet plant in Vietnam Jigang's new 1.8m t/y plate mill almost ready Japanese mills, Korean yards close to ship plate deal Malaysian blast furnace project awaits environment clearance North America CME's August HRC futures contract up $55 for August US merchant bar and rebar imports on the rise US mills boost capacity usage again as auto rebounds Crucible Materials to be auctioned off September 21 Mexico's Ahmsa lifts output, but prices remain low Latin America Siderar: BF restart not to happen before March 2010 Brazil steelmakers group IBS changes name and brand Brazil's output improves, but likely to drop 20% in 2009 Middle East & Africa Saudi Arabian strip demand slows, prices unchanged Iran plans to privatise bar/beam mill and coal miners Mobarakeh to get €1bn to finance expansion project Steel trading moves to Tehran as IME closes Esfahan branch Scrap & Raw Materials Kalouche, Aronson appointed to Tube City IMS posts Polish coking coal producer sees market improving Turkish pig iron imports recovered in June Pakistan scrap prices increase, demand sees some revival Corus's Teesside coke ovens to operate while TCP producing New Iranian ore concentrator to start up later this year Peru's ore output falls 26% after strike Stainless steel & Ferro-alloys AK Steel suing distributor/processor for $3m Marcegaglia USA announces stainless pipe price hike Ferro-tungsten price rise may not last, says analyst Taigang holds stainless prices in weakening market China’s stainless flat import surge continued in July Greek ferro-nickel producer sale attracts investor interest Tubes & Pipes China OCTG dumping case delayed by US mills Smaller Korean pipe makers plan ERW price hikes Prices thought to have bottomed in EU seamless tube market
Preview of Today's Top Article Russia decides against AD duties on pre-painted imports The Russian ministry of industry and trade has concluded that there are no grounds for imposing anti-dumping duties on imports of pre-painted steel from China, Taiwan, South Korea, Belgium, Finland and Kazakhstan. An investigation into these imports was opened in March 2008 at the request of Russian producers Severstal, Novolipetsk Steel and Magnitogorsk Iron & Steel. The ministry did find evidence of dumping by the countries under investigation in 2007, but did not find evidence that this caused material damage to a sector of the Russian economy, Steel Business Briefing learns from a ministry document. The investigation focussed on cold rolled pre-painted and cold rolled and galvanised pre-painted sheet over 0.2mm thick and over 100mm wide. to read more subscribe here TODAY'S TOP SBB HEADLINES Fewer companies expect higher prices: The Steel Index Imported HRC continues upward trend in Southern Europe Spot iron ore prices falling quickly in China H-beam import prices rise further in SE Asia Higher N. European rebar/rod prices stick in ‘sleepy’ market Rod imports fall as US market tightens Brazil's Samarco benefits from lower ore/pellet premium Europe Croatian rebar mill's future may be decided this week Kia Slovakia's production increase to benefit steelmakers Accident at Romanian billet producer suspends production Turkish flat steel output increased in July Russia decides against AD duties on pre-painted imports Turkish alloy steel production was still sluggish in July Turkish rebar exports slow, prices undecided Turkey's Kardemir lifts some prices on higher scrap costs Teesside Cast Products has orders until end-October Asia JSW halts new investment in greenfield projects this year Chinese commercial car market sees sustainable recovery Korea’s flat rolled stocks continue falling Baosteel subsidiary Bayi Iron & Steel posts first half loss China CRC exports lukewarm Posco HRC exports for August delayed Kyoei Steel lifts rebar prices again for September Japanese stocks at key ports plunge to 5-year low Baotou Steel's rail sales bolster H1 results North America USW local sues USS over Keetac layoffs Reliance reports sales dip, but improved gross profit US coiled plate imports up 63% in July, discrete plate down American heavy structurals imports dip in July Latin America Peruvian bar export prices to Colombia climb in August Monthly shipments increasing in Chilean market, CAP says Brazil's CSN moving into longs - start-up in 2010 or 2011? Middle East & Africa Highveld remains concerned for short-term outlook Egyptian strip market slow, waiting to see new prices Semis producer reports profit despite difficult market Scrap & Raw Materials Vale Inco restarts limited production at Sudbury nickel mine Vale not talking to CISA Shanxi cuts coke reference price for August Imidro sets deadline for iron ore price settlement Iran aims to raise met coal output, halt imports Stainless steel & Ferro-alloys Villares Metals cautious but optimistic on European outlook Chinese stainless prices plunge Chinese FeSi export prices hold steady on tight supply Chinese EMM export prices slip $50/t Daye to build two new forging plants Tubes & Pipes Bulgarian tube producer increases capacity Turkish pipe maker sees signs of revival in demand US DOM tube prices to rise in September Chinese ERW pipe maker approved by Iran Pipe and tube imports flat in preliminary US report Chinese OCTG exports challenged in Canada Shandong building 6m t/y of new pipe capacity
Preview of Today's Top Article Molybdenum follows price decline of other raw materials The past week has seen a slight drop in the price of molybdenum as it follows the trend of other raw materials’ prices, which have been impacted by slower activity in China. Moly is now selling in Europe at around $17/pound (€11/lb) after reaching over $18/lb several weeks ago, Steel Business Briefing learns from a producer source. to read more subscribe here TODAY'S TOP SBB HEADLINES Higher strip prices in Europe 'may not last long' Hyundai raises all carbon steel list prices from 1 September Salzgitter plans price rises for all product groups Asia cools; price corrections ahead - WSR India's Jindal could extend Bolivian investment plan period US Steel to restart 2.3m s.t/y Canadian BF for slab output Europe N. European strip prices consolidate gains Stefana goes for price increase on sections, bars US Steel restarts blast furnace in Serbia Izdemir reports sharply lower profit Bulgarian government weighs options for Kremikovtzi Turkish coil demand slows Low output and fall in sales plunge Corus into losses Special steel maker resumes production Russia’s NLMK commissions enlarged slab caster Germany's car scrapping scheme draws to a close Asia India’s Kamachi Group plans new bar mill Pakistan flat market slow, local supply stopped Tata Steel drops into red on Corus's weak performance Fangda intends to buy into Nanchang Steel China State Council addresses overcapacity in steel sector India dismisses demand for HRC safeguard duty Vietnam tightens licensing for steel projects Wuhan Steel's profits decline by 90% in H1 Japanese exchange abandons scrap futures North America ArcelorMittal's US rod mill to remain closed Nearly 700,000 cars sold under US 'Clunkers' program Hatch exec: bulk of idle US BFs could stay down for good July US HDG imports up nearly 21%, HRC and CRC are mixed Latin America Peru's steel market bets on construction for recovery Votorantim already seeking export deals for new minimill Middle East & Africa Egyptian rebar demand strengthens on rising prices Ezz profit falls, Egyptian market steady Mobarakeh plans to increase exports, eyes new coating lines Scrap & Raw Materials Capesize freight rates continue to soften Spectron launches iron ore broking More Indian ports allow temporary scrap imports Ferro-chrome offer prices ease in China Scrap prices tumble in Japan, but set to steady Lower offers trying to push Brazil's pig iron prices down Stainless steel & Ferro-alloys Molybdenum follows price decline of other raw materials Turkish stainless coil import prices rise on supply shortage Asian stainless prices hold up Posco softens stainless export price hike for Sep-Oct Tubes & Pipes Welded pipe prices decline in China Vallourec & Sumitomo to roll first pipe by May 2010
Aantal posts per pagina:
20
50
100
Direct naar Forum
-- Selecteer een forum --
Koffiekamer
Belastingzaken
Beleggingsfondsen
Beursspel
BioPharma
Daytraders
Garantieproducten
Opties
Technische Analyse
Technische Analyse Software
Vastgoed
Warrants
10 van Tak
4Energy Invest
Aalberts
AB InBev
Abionyx Pharma
Ablynx
ABN AMRO
ABO-Group
Acacia Pharma
Accell Group
Accentis
Accsys Technologies
ACCSYS TECHNOLOGIES PLC
Ackermans & van Haaren
ADMA Biologics
Adomos
AdUX
Adyen
Aedifica
Aegon
AFC Ajax
Affimed NV
ageas
Agfa-Gevaert
Ahold
Air France - KLM
Airspray
Akka Technologies
AkzoNobel
Alfen
Allfunds Group
Allfunds Group
Almunda Professionals (vh Novisource)
Alpha Pro Tech
Alphabet Inc.
Altice
Alumexx ((Voorheen Phelix (voorheen Inverko))
AM
Amarin Corporation
Amerikaanse aandelen
AMG
AMS
Amsterdam Commodities
AMT Holding
Anavex Life Sciences Corp
Antonov
Aperam
Apollo Alternative Assets
Apple
Arcadis
Arcelor Mittal
Archos
Arcona Property Fund
arGEN-X
Aroundtown SA
Arrowhead Research
Ascencio
ASIT biotech
ASMI
ASML
ASR Nederland
ATAI Life Sciences
Atenor Group
Athlon Group
Atrium European Real Estate
Auplata
Avantium
Axsome Therapeutics
Azelis Group
Azerion
B&S Group
Baan
Ballast Nedam
BALTA GROUP N.V.
BAM Groep
Banco de Sabadell
Banimmo A
Barco
Barrick Gold
BASF SE
Basic-Fit
Basilix
Batenburg Beheer
BE Semiconductor
Beaulieulaan
Befimmo
Bekaert
Belgische aandelen
Beluga
Beter Bed
Bever
Binck
Biocartis
Biophytis
Biosynex
Biotalys
Bitcoin en andere cryptocurrencies
bluebird bio
Blydenstijn-Willink
BMW
BNP Paribas S.A.
Boeing Company
Bols (Lucas Bols N.V.)
Bone Therapeutics
Borr Drilling
Boskalis
BP PLC
bpost
Brand Funding
Brederode
Brill
Bristol-Myers Squibb
Brunel
C/Tac
Campine
Canadese aandelen
Care Property Invest
Carmila
Carrefour
Cate, ten
CECONOMY
Celyad
CFD's
CFE
CGG
Chinese aandelen
Cibox Interactive
Citygroup
Claranova
CM.com
Co.Br.Ha.
Coca-Cola European Partners
Cofinimmo
Cognosec
Colruyt
Commerzbank
Compagnie des Alpes
Compagnie du Bois Sauvage
Connect Group
Continental AG
Corbion
Core Labs
Corporate Express
Corus
Crescent (voorheen Option)
Crown van Gelder
Crucell
CTP
Curetis
CV-meter
CVC Capital Partners
Cyber Security 1 AB
Cybergun
D'Ieteren
D.E Master Blenders 1753
Deceuninck
Delta Lloyd
DEME
Deutsche Cannabis
DEUTSCHE POST AG
Dexia
DGB Group
DIA
Diegem Kennedy
Distri-Land Certificate
DNC
Dockwise
DPA Flex Group
Draka Holding
DSC2
DSM
Duitse aandelen
Dutch Star Companies ONE
Duurzaam Beleggen
DVRG
Ease2pay
Ebusco
Eckert-Ziegler
Econocom Group
Econosto
Edelmetalen
Ekopak
Elastic N.V.
Elia
Endemol
Energie
Energiekontor
Engie
Envipco
Erasmus Beursspel
Eriks
Esperite (voorheen Cryo Save)
EUR/USD
Eurobio
Eurocastle
Eurocommercial Properties
Euronav
Euronext
Euronext
Euronext.liffe Optiecompetitie
Europcar Mobility Group
Europlasma
EVC
EVS Broadcast Equipment
Exact
Exmar
Exor
Facebook
Fagron
Fastned
Fingerprint Cards AB
First Solar Inc
FlatexDeGiro
Floridienne
Flow Traders
Fluxys Belgium D
FNG (voorheen DICO International)
Fondsmanager Gezocht
ForFarmers
Fountain
Frans Maas
Franse aandelen
FuelCell Energy
Fugro
Futures
FX, Forex, foreign exchange market, valutamarkt
Galapagos
Gamma
Gaussin
GBL
Gemalto
General Electric
Genfit
Genmab
GeoJunxion
Getronics
Gilead Sciences
Gimv
Global Graphics
Goud
GrandVision
Great Panther Mining
Greenyard
Grolsch
Grondstoffen
Grontmij
Guru
Hagemeyer
HAL
Hamon Groep
Hedge funds: Haaien of helden?
Heijmans
Heineken
Hello Fresh
HES Beheer
Hitt
Holland Colours
Homburg Invest
Home Invest Belgium
Hoop Effektenbank, v.d.
Hunter Douglas
Hydratec Industries (v/h Nyloplast)
HyGear (NPEX effectenbeurs)
HYLORIS
Hypotheken
IBA
ICT Automatisering
Iep Invest (voorheen Punch International)
Ierse aandelen
IEX Group
IEX.nl Sparen
IMCD
Immo Moury
Immobel
Imtech
ING Groep
Innoconcepts
InPost
Insmed Incorporated (INSM)
IntegraGen
Intel
Intertrust
Intervest Offices & Warehouses
Intrasense
InVivo Therapeutics Holdings Corp (NVIV)
Isotis
JDE PEET'S
Jensen-Group
Jetix Europe
Johnson & Johnson
Just Eat Takeaway
Kardan
Kas Bank
KBC Ancora
KBC Groep
Kendrion
Keyware Technologies
Kiadis Pharma
Kinepolis Group
KKO International
Klépierre
KPN
KPNQwest
KUKA AG
La Jolla Pharmaceutical
Lavide Holding (voorheen Qurius)
LBC
LBI International
Leasinvest
Logica
Lotus Bakeries
Macintosh Retail Group
Majorel
Marel
Mastrad
Materialise NV
McGregor
MDxHealth
Mediq
Melexis
Merus Labs International
Merus NV
Microsoft
Miko
Mithra Pharmaceuticals
Montea
Moolen, van der
Mopoli
Morefield Group
Mota-Engil Africa
MotorK
Moury Construct
MTY Holdings (voorheen Alanheri)
Nationale Bank van België
Nationale Nederlanden
NBZ
Nedap
Nedfield
Nedschroef
Nedsense Enterpr
Nel ASA
Neoen SA
Neopost
Neovacs
NEPI Rockcastle
Netflix
New Sources Energy
Neways Electronics
NewTree
NexTech AR Solutions
NIBC
Nieuwe Steen Investments
Nintendo
Nokia
Nokia OYJ
Nokia Oyj
Novacyt
NOVO-NORDISK AS
NPEX
NR21
Numico
Nutreco
Nvidia
NWE Nederlandse AM Hypotheek Bank
NX Filtration
NXP Semiconductors NV
Nyrstar
Nyxoah
Océ
OCI
Octoplus
Oil States International
Onconova Therapeutics
Ontex
Onward Medical
Onxeo SA
OpenTV
OpGen
Opinies - Tilburg Trading Club
Opportunty Investment Management
Orange Belgium
Oranjewoud
Ordina Beheer
Oud ForFarmers
Oxurion (vh ThromboGenics)
P&O Nedlloyd
PAVmed
Payton Planar Magnetics
Perpetuals, Steepeners
Pershing Square Holdings Ltd
Personalized Nursing Services
Pfizer
Pharco
Pharming
Pharnext
Philips
Picanol
Pieris Pharmaceuticals
Plug Power
Politiek
Porceleyne Fles
Portugese aandelen
PostNL
Priority Telecom
Prologis Euro Prop
ProQR Therapeutics
PROSIEBENSAT.1 MEDIA SE
Prosus
Proximus
Qrf
Qualcomm
Quest For Growth
Rabobank Certificaat
Randstad
Range Beleggen
Recticel
Reed Elsevier
Reesink
Refresco Gerber
Reibel
Relief therapeutics
Renewi
Rente en valuta
Resilux
Retail Estates
RoodMicrotec
Roularta Media
Royal Bank Of Scotland
Royal Dutch Shell
RTL Group
RTL Group
S&P 500
Samas Groep
Sapec
SBM Offshore
Scandinavische (Noorse, Zweedse, Deense, Finse) aandelen
Schuitema
Seagull
Sequana Medical
Shurgard
Siemens Gamesa
Sif Holding
Signify
Simac
Sioen Industries
Sipef
Sligro Food Group
SMA Solar technology
Smartphoto Group
Smit Internationale
Snowworld
SNS Fundcoach Beleggingsfondsen Competitie
SNS Reaal
SNS Small & Midcap Competitie
Sofina
Softimat
Solocal Group
Solvac
Solvay
Sopheon
Spadel
Sparen voor later
Spectra7 Microsystems
Spotify
Spyker N.V.
Stellantis
Stellantis
Stern
Stork
Sucraf A en B
Sunrun
Super de Boer
SVK (Scheerders van Kerchove)
Syensqo
Systeem Trading
Taiwan Semiconductor Manufacturing Company (TSMC)
Technicolor
Tele Atlas
Telegraaf Media
Telenet Groep Holding
Tencent Holdings Ltd
Tesla Motors Inc.
Tessenderlo Group
Tetragon Financial Group
Teva Pharmaceutical Industries
Texaf
Theon International
TherapeuticsMD
Thunderbird Resorts
TIE
Tigenix
Tikkurila
TINC
TITAN CEMENT INTERNATIONAL
TKH Group
TMC
TNT Express
TomTom
Transocean
Trigano
Tubize
Turbo's
Twilio
UCB
Umicore
Unibail-Rodamco
Unifiedpost
Unilever
Unilever
uniQure
Unit 4 Agresso
Univar
Universal Music Group
USG People
Vallourec
Value8
Value8 Cum Pref
Van de Velde
Van Lanschot
Vastned
Vastned Retail Belgium
Vedior
VendexKBB
VEON
Vermogensbeheer
Versatel
VESTAS WIND SYSTEMS
VGP
Via Net.Works
Viohalco
Vivendi
Vivoryon Therapeutics
VNU
VolkerWessels
Volkswagen
Volta Finance
Vonovia
Vopak
Warehouses
Wave Life Sciences Ltd
Wavin
WDP
Wegener
Weibo Corp
Wereldhave
Wereldhave Belgium
Wessanen
What's Cooking
Wolters Kluwer
X-FAB
Xebec
Xeikon
Xior
Yatra Capital Limited
Zalando
Zenitel
Zénobe Gramme
Ziggo
Zilver - Silver World Spot (USD)