SteelOrbis: China, East Asia and Pacific, Far East, Shougang Steel , crc, flats, investments, production, semis, steelmaking Accurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading. 2013-05-19T21:39:59Z SteelOrbis 2013-05-19T21:39:59Z en Brazil expects 5.8 percent increase in steel output for 2013 2013-05-19T22:44:27Z 2013-05-19T22:44:27Z Steel output in Brazil will increase by 5.8 percent this year to 36.51 million tons, due mostly to the recovery of the domestic economy. 2013-05-19T22:44:27Z Mexican rebar prices continue to fall 2013-05-19T22:42:28Z 2013-05-19T22:42:28Z Weak construction activity is driving the downtrend in prices, according to sources. 2013-05-19T22:42:28Z Korean plate receives zero percent AD margin from US DOC 2013-05-19T22:22:12Z 2013-05-19T22:22:12Z On Friday, the US DOC announced the final results of its administrative review of the AD order on carbon quality steel plate from Korea. 2013-05-19T22:22:12Z US rig count holds steady as Canada’s edges higher 2013-05-19T22:20:00Z 2013-05-19T22:20:00Z Baker Hughes reported Friday that for the week ending May 17, the US rig count was unchanged from the previous week at 1,769. 2013-05-19T22:20:00Z US flats prices slip again after temporary stability 2013-05-19T21:20:09Z 2013-05-19T21:20:09Z Despite already slim margins, US domestic flat rolled spot prices have fallen yet again after moderate stability in the past couple weeks. 2013-05-19T21:20:09Z Import HDG coil offers to the US 2013-05-19T21:14:04Z 2013-05-19T21:14:04Z 2013-05-19T21:14:04Z Import light gauge HDG coil offers from India and China to the US 2013-05-19T21:12:07Z 2013-05-19T21:12:07Z 2013-05-19T21:12:07Z Italian welded pipe market sees falling prices and sluggish demand 2013-05-17T15:06:02Z 2013-05-17T15:06:02Z Italian welded pipe prices have fallen further. Local and export prices of Italian welded pipes have lost around €10-20/mt over the past month. 2013-05-17T15:06:02Z Turkish wire rod export offers soften 2013-05-17T14:56:48Z 2013-05-17T14:56:48Z 2013-05-17T14:56:48Z EU-27 construction output down 1.1 percent in March from February 2013-05-17T14:42:41Z 2013-05-17T14:42:41Z In March the seasonally-adjusted production of the construction sector in the European Union member states (EU-27) decrease by 1.1 percent m-o-m. 2013-05-17T14:42:41Z Chinese PPGI market moves sideways, but negative sentiment persists 2013-05-17T14:33:34Z 2013-05-17T14:33:34Z 2013-05-17T14:33:34Z Italy’s construction output index falls 12.1 percent in Q1 2013-05-17T14:32:04Z 2013-05-17T14:32:04Z The calendar adjusted index of production in Italy’s construction sector in the first quarter this year was down 12.1 percent year on year. 2013-05-17T14:32:04Z Indian port to seek partner for new iron ore handling facility 2013-05-17T14:29:43Z 2013-05-17T14:29:43Z India’s Vishakhapatnam Port Trust will seek a partner to invest $155 million to build a new iron ore handling facility. 2013-05-17T14:29:43Z Severstal's Izhora Pipe Mill delivers pipes for Central Asia-China gas pipeline 2013-05-17T14:26:15Z 2013-05-17T14:26:15Z Russia-based Izhora Pipe Mill has shipped pipes for the construction of the Central Asia-China (CAC) international gas pipeline. 2013-05-17T14:26:15Z Peru’s iron ore production up 24.6 percent in Q1 2013-05-17T14:21:09Z 2013-05-17T14:21:09Z In the first quarter of 2013, Peru's total iron ore production was 1.9 million mt, marking a rise of 24.6 percent y-o-y. 2013-05-17T14:21:09Z NLMK posts decline in net profit in Q1 2013-05-17T14:20:22Z 2013-05-17T14:20:22Z In Q1, NLMK’s net profit decreased by 78 percent compared to the first quarter of the previous year to $38 million. 2013-05-17T14:20:22Z Chinese steel pipe market follows overall downward trend 2013-05-17T14:15:43Z 2013-05-17T14:15:43Z 2013-05-17T14:15:43Z Turkish flat steel market awaits new import price levels 2013-05-17T14:05:31Z 2013-05-17T14:05:31Z 2013-05-17T14:05:31Z Ex-Turkey flat steel offers soften, demand remains stagnant 2013-05-17T14:02:16Z 2013-05-17T14:02:16Z 2013-05-17T14:02:16Z European steel industry discusses EU’s CO2 reduction targets 2013-05-17T13:13:01Z 2013-05-17T13:13:01Z European steel industry’s potential to reduce CO2 from steelmaking up to 2050 is limited due to economic and technical issues. 2013-05-17T13:13:01Z Weak demand and low nickel prices negatively impact stainless steel markets 2013-05-17T13:12:09Z 2013-05-17T13:12:09Z 2013-05-17T13:12:09Z Japan’s iron and steel output up 2.1 percent in Mar over Feb 2013-05-17T12:51:24Z 2013-05-17T12:51:24Z In March this year, Japan's seasonally adjusted iron and steel production index rose 2.1 percent compared to February. 2013-05-17T12:51:24Z Decrease in Turkey’s Q1 pig iron imports 2013-05-17T12:46:02Z 2013-05-17T12:46:02Z In the first quarter of the year, Turkey's pig iron imports totaled 277,286 mt, decreasing 24 percent compared to the same period of 2012. 2013-05-17T12:46:02Z Tianjin Metallurgy Group subsidiary commissions blast furnace No. 2 2013-05-17T12:43:58Z 2013-05-17T12:43:58Z Tianjin, China-based Tianjin Metallurgical No. 3 Steel & Youfa Iron and Steel Corp’s blast furnace No. 2 has produced its first molten iron. 2013-05-17T12:43:58Z Tangshan Steel’s sales of HR electrical steel move on rising trend 2013-05-17T12:37:12Z 2013-05-17T12:37:12Z Chinese steel producer Tangshan Iron and Steel Co. has seen a rising trend in monthly sales of hot rolled electrical steel from March to May this year 2013-05-17T12:37:12Z Chengde Steel to supply steel products to CNOOC for first time 2013-05-17T12:32:28Z 2013-05-17T12:32:28Z Chinese steel producer Chengde Iron and Steel Co. has received an order for 7,000 mt of rebar from China National Offshore Oil Corp. (CNOOC). 2013-05-17T12:32:28Z Local Chinese coke prices mostly stable, but with some slight declines 2013-05-17T12:23:53Z 2013-05-17T12:23:53Z In the past week, coke prices in the local Chinese market have mostly been stable, though some slight downticks have also been seen. 2013-05-17T12:23:53Z Ex-Turkey rebar prices decline in Yemen 2013-05-17T12:03:47Z 2013-05-17T12:03:47Z 2013-05-17T12:03:47Z Color coated prices in local Chinese market – week 20 2013-05-17T11:34:21Z 2013-05-17T11:34:21Z 2013-05-17T11:34:21Z Coke prices in local Chinese market – week 20 2013-05-17T11:32:45Z 2013-05-17T11:32:45Z 2013-05-17T11:32:45Z