SteelOrbis: opinion Accurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading. 2015-03-03T09:57:16Z SteelOrbis 2015-03-03T09:57:16Z en Moody’s warns of possible outlook drop for Asian steel companies 2015-02-26T14:55:44Z 2015-02-26T14:55:44Z Moody's could change its outlook on the Asian steel sector to negative from stable if weakness in demand persists. 2015-02-26T14:55:44Z WSD Strategic Insights XLIX: Steel industry scenarios: Grim outlook for 2015, better in ... 2015-02-20T10:27:28Z 2015-02-20T10:27:28Z 2015-02-20T10:27:28Z IREPAS: Strong supply pressure and aggressive offers in global long steel market 2015-02-09T12:30:13Z 2015-02-09T12:30:13Z The global long steel market has been under supply pressure with strong and aggressive offers in terms of volumes and prices since beginning of 2015 2015-02-09T12:30:13Z EUROFER: EU economic fundamentals improve, uncertainties remain 2015-02-06T13:30:56Z 2015-02-06T13:30:56Z The EUROFER report points out that EU steel demand ended 2014 on a weak note mainly due to destocking. 2015-02-06T13:30:56Z Goldman Sachs lowers iron ore price forecast 2015-01-26T09:45:23Z 2015-01-26T09:45:23Z Global investment bank Goldman Sachs has announced that it has revised its iron ore price forecast down from $80/mt to $66/mt for 2015. 2015-01-26T09:45:23Z MIIT and CISA meet to discuss Chinese steel industry development 2015-01-22T16:43:03Z 2015-01-22T16:43:03Z The raw material department of China’s MIIT has met the China Iron and Steel Association (CISA) to discuss Chinese steel industry development. 2015-01-22T16:43:03Z MOC: China to face more complex foreign trade situation in 2015 2015-01-22T16:42:06Z 2015-01-22T16:42:06Z China’s Ministry of Commerce (MOC) expects the country’s foreign trade situation will be more complex in 2015. 2015-01-22T16:42:06Z S&P revises iron ore price forecast downward 2015-01-21T09:20:07Z 2015-01-21T09:20:07Z S&P has announced that it has revised its iron ore price forecasts downward given the slower global growth 2015-01-21T09:20:07Z Sergey Sulimov: Turkish steel producers should consider consolidation 2015-01-20T12:50:41Z 2015-01-20T12:50:41Z SteelOrbis spoke to Sergey Sulimov, deputy CEO for finance and economy at Russian MMK, regarding the prospects for the steel markets and demand. 2015-01-20T12:50:41Z Pipe producers ask Gazprom to reconsider purchase prices for pipes. 2015-01-19T16:14:26Z 2015-01-19T16:14:26Z Last year's collapse of the Russian ruble has forced pipe producers to ask Gazprom to revise its purchase prices for their pipe products. 2015-01-19T16:14:26Z MIIT: Changing circumstances for China’s steel industry 2015-01-19T16:12:17Z 2015-01-19T16:12:17Z The growth of China’s crude steel output in 2014 is expected to indicate a five percentage point decrease compared to 2013. 2015-01-19T16:12:17Z German steel industry expects moderate recovery in 2015 2015-01-19T13:34:30Z 2015-01-19T13:34:30Z German steel federation expects a moderate recovery of Germany’s steel production in 2015 based on the moderate upward trend in orders. 2015-01-19T13:34:30Z Turkish producers favor continuing import duty on flat rolled steel 2015-01-15T14:41:08Z 2015-01-15T14:41:08Z Dr. Veysel Yayan, general secretary of the Turkish Steel Producers’ Association, commented on the request for removal of import duty on flat steel. 2015-01-15T14:41:08Z EUROFER views China’s export tax rebate removal as insufficient 2015-01-14T14:50:11Z 2015-01-14T14:50:11Z EUROFER commented on China's removal of export tax rebate for boron-added steel products. 2015-01-14T14:50:11Z Indian gov’t agency suggests halting iron ore exports to Japan, Korea 2015-01-13T09:37:05Z 2015-01-13T09:37:05Z Indian government agency has recommended that NMDC, either renegotiate or stop exports of iron ore to Japan and South Korea. 2015-01-13T09:37:05Z Turkey's steel pipe exports total 1.95 million mt in 2014 2015-01-12T15:13:33Z 2015-01-12T15:13:33Z The Turkish steel pipe industry closed 2014has closed last year have achieved its targets for the year in line with its goals. 2015-01-12T15:13:33Z IREPAS: Lull in global long steel market due to holiday period 2015-01-12T14:56:31Z 2015-01-12T14:56:31Z The global long steel products market has been quiet recently mostly because of the holidays in many countries. 2015-01-12T14:56:31Z Indian government mulls increasing steel import duties 2015-01-12T12:54:51Z 2015-01-12T12:54:51Z The Indian government has commenced inter-ministerial consultations to increase import duties on steel products. 2015-01-12T12:54:51Z Azerbaijani steel producer to examine regional competitors 2015-01-08T15:33:27Z 2015-01-08T15:33:27Z Baku Steel, a steel producer based in Azerbaijan, has stated that it plans to analyze the activity of large companies competing in the region. 2015-01-08T15:33:27Z EUROFER foresees continued but slow growth for 2015 2014-12-17T10:27:53Z 2014-12-17T10:27:53Z EUROFER foresees for 2015 continued but slow growth, although the outlook remains vulnerable to downside risks. 2014-12-17T10:27:53Z OECD Steel Committee: Steel demand growth to remain moderate 2014-12-16T14:07:26Z 2014-12-16T14:07:26Z At the 77th Organization for OECD Steel Committee meeting, the participants exchanged views on excess capacity in the global steel sector. 2014-12-16T14:07:26Z EUROFER: EU trade policy needs to become more reactive 2014-12-16T13:51:16Z 2014-12-16T13:51:16Z The European Steel Association (EUROFER) has said that securing an international level playing field has become increasingly challenging. 2014-12-16T13:51:16Z China’s export tax rebate on boron-added steel likely to be removed 2014-12-15T10:30:33Z 2014-12-15T10:30:33Z Rumors have continued to prevail in the market that China is about to remove its export tax rebate for boron-added steel products. 2014-12-15T10:30:33Z CISA: Chinese steel industry to see increased profits in current year 2014-12-10T15:32:55Z 2014-12-10T15:32:55Z China’s steel industry is expected to see a gross profit of over RMB 28 billion ($4.56 billion) in the current year. 2014-12-10T15:32:55Z IREPAS: Oversupply still evident in global long steel market 2014-12-09T15:07:51Z 2014-12-09T15:07:51Z Oversupply has been evident in the global long steel market from September up to the end of November. 2014-12-09T15:07:51Z EUROFER: Chinese steel producers exploit export tax regime 2014-12-02T13:52:11Z 2014-12-02T13:52:11Z EUROFER: Compliance with European regulations and standards is not guaranteed in the case of Chinese steel imported into the EU. 2014-12-02T13:52:11Z Plummer: Iron ore price to decline to $65/mt in 2015 2014-11-28T13:35:53Z 2014-11-28T13:35:53Z Christopher Plummer: Iron ore prices will fall to $65/mt next year, while they are expected to drop below $60/mt temporarily in 2020. 2014-11-28T13:35:53Z Erdemir: Iron ore price trend to determine future iron ore consumption 2014-11-28T13:09:00Z 2014-11-28T13:09:00Z Sevkinaz Alemdar from Erdemir Group said that the trend of iron ore prices will determine steelmakers’ future consumption of iron ore. 2014-11-28T13:09:00Z Arab steelmakers look to avert threat of cheap Chinese imports 2014-11-24T15:43:38Z 2014-11-24T15:43:38Z The Arab Iron and Steel Union has warned about the inflow of Chinese steel imports into the region at prices below the normal market value. 2014-11-24T15:43:38Z Turkish construction sector confidence increases in November 2014-11-24T10:12:35Z 2014-11-24T10:12:35Z The confidence index for the construction sector in Turkey increased by 1.4 percent month on month in November to 82.9 points. 2014-11-24T10:12:35Z