SteelOrbis: opinion Accurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading. 2013-05-19T11:56:52Z SteelOrbis 2013-05-19T11:56:52Z en 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 IREPAS: Overcapacity hinders price rises in global longs market 2013-05-13T15:03:03Z 2013-05-13T15:03:03Z IREPAS: Prices in the Far Eastern market are lower due to the increase in Chinese output and supply. 2013-05-13T15:03:03Z Rio Tinto expects cost savings of US$5 billion over next two years 2013-05-09T09:19:23Z 2013-05-09T09:19:23Z Rio Tinto expects cumulative cost savings of US$5 billion, over the next two years, compared to 2012. 2013-05-09T09:19:23Z EUROFER: EU steel imports may fall in 2014 2013-05-08T14:35:59Z 2013-05-08T14:35:59Z For 2013, EUROFER expects the EU's total steel imports to rise 19 percent compared to 2012. 2013-05-08T14:35:59Z EUROFER expects decline in EU steel exports in 2013 2013-05-08T14:33:49Z 2013-05-08T14:33:49Z In 2013, EUROFER expects to see a reduction in exports compared with the 2012 level. 2013-05-08T14:33:49Z EU steel tube output forecast to rise 2.5 percent in 2014 2013-05-07T11:26:31Z 2013-05-07T11:26:31Z According to EUROFER, in 2013 EU steel tube output is expected to decline by 1.5-2 percent. 2013-05-07T11:26:31Z EUROFER expects slight recovery in 2014 real steel consumption 2013-05-07T08:23:09Z 2013-05-07T08:23:09Z According to EUROFER, the outlook for 2014 shows a very cautious recovery in real steel consumption. 2013-05-07T08:23:09Z EUROFER: Activity in EU steel using sectors to fall 1.5% in 2013 2013-05-03T14:17:34Z 2013-05-03T14:17:34Z According to EUROFER, total activity in the steel using sectors is expected to decline by around 1.5 percent this year. 2013-05-03T14:17:34Z Flat rolled segment propels US Steel to $73 million net loss 2013-05-02T07:34:29Z 2013-05-02T07:34:29Z US Steel reported Tuesday a Q1 2013 net loss of $73 million, compared to a Q4 2012 loss of $50 million and a Q1 2012 net loss of $219 million. 2013-05-02T07:34:29Z Turkish consumer confidence rises in April 2013-04-29T08:24:11Z 2013-04-29T08:24:11Z The consumer confidence index in Turkey, which stood at 74.9 points in March, increased by 0.9 percent month on month in April to 75.6 points. 2013-04-29T08:24:11Z EUROFER welcomes life cycle approach to vehicle emissions 2013-04-26T14:27:35Z 2013-04-26T14:27:35Z 2013-04-26T14:27:35Z Dalbeler: Scrap prices may fall further 2013-04-26T13:44:00Z 2013-04-26T13:44:00Z 2013-04-26T13:44:00Z Turkish construction sector confidence falls in April after previous rises 2013-04-25T09:05:10Z 2013-04-25T09:05:10Z The confidence index for the construction sector in Turkey decreased by 2.4 percent m-o-m in April, falling to 92.6 points. 2013-04-25T09:05:10Z Duncan Pell: 2012 marks start of new era for Interpipe 2013-04-24T12:33:49Z 2013-04-24T12:33:49Z 2013-04-24T12:33:49Z Turkish exporters: Colombia attempts to hinder steel imports from Turkey 2013-04-18T12:06:35Z 2013-04-18T12:06:35Z The Turkish Steel Exporters' Association stated that certain circles in Colombia have started a campaign of defamation against imports from Turkey. 2013-04-18T12:06:35Z EU parliament rejects cuts in free carbon allowances 2013-04-17T13:07:49Z 2013-04-17T13:07:49Z EUROFER welcomes the European Parliament’s decision to reject the EC’s proposal to reduce the number of carbon allowances. 2013-04-17T13:07:49Z Timken continues to encourage shareholders to reject steel spin-off 2013-04-16T22:45:32Z 2013-04-16T22:45:32Z On Monday, The Timken Company announced that it sent another letter to its shareholders, urging them to support the company's proven strategy. 2013-04-16T22:45:32Z Namık Ekinci: Turkey’s steel exports up 7.7 percent in Jan-Mar 2013-04-15T14:27:36Z 2013-04-15T14:27:36Z 2013-04-15T14:27:36Z Veysel Yayan: No decline observed in Turkish steel consumption 2013-04-15T13:40:59Z 2013-04-15T13:40:59Z Turkey produced 8.5 million mt of crude steel in the first quarter of the current year, down 5.9 percent year on year. 2013-04-15T13:40:59Z MENA steel demand growth to be mostly driven by North Africa 2013-04-12T14:56:51Z 2013-04-12T14:56:51Z 2013-04-12T14:56:51Z Steel demand increase in CIS to slow down this year 2013-04-12T14:24:08Z 2013-04-12T14:24:08Z Growth of apparent steel use in the CIS region is projected to slowdown to two percent this year, according to worldsteel. 2013-04-12T14:24:08Z Worldsteel: US steel use growth to slow in 2013 2013-04-12T12:31:33Z 2013-04-12T12:31:33Z Apparent steel consumption in the US is expected to grow by 2.7 percent in 2013 totaling 99.3 million mt, below the 8.4 percent growth in 2012. 2013-04-12T12:31:33Z Worldsteel: EU’s steel demand to further contract in 2013 2013-04-11T15:01:59Z 2013-04-11T15:01:59Z Steel demand in the European Union is expected to contract further by 0.5 percent in 2013. 2013-04-11T15:01:59Z Worldsteel: China’s 2013 steel demand revised upwards 2013-04-11T13:59:06Z 2013-04-11T13:59:06Z In 2013, worldsteel expects China’s apparent steel consumption to increase by 3.5 percent to 668.8 million mt. 2013-04-11T13:59:06Z Worldsteel revises down global apparent steel use forecast for 2013 2013-04-11T12:47:30Z 2013-04-11T12:47:30Z Worldsteel revised down its apparent steel consumption growth forecast to 2.9 percent from its October 2012 forecast of 3.2 percent. 2013-04-11T12:47:30Z EUROFER: EU steel exports not likely to increase in 2013 2013-04-10T14:43:32Z 2013-04-10T14:43:32Z Regarding 2013, European Steel Association expects exports to stagnate at the 2012 level. 2013-04-10T14:43:32Z IREPAS: Longs market places hopes in output cuts and improving weather 2013-04-10T07:19:58Z 2013-04-10T07:19:58Z According to the market outlook released by IREPAS, demand in the global long steel products market has not indicated the long-awaited increase yet. 2013-04-10T07:19:58Z German steel industry marked by high commodity prices 2013-04-08T13:25:52Z 2013-04-08T13:25:52Z German steel federation president said that the German steel industry remains fragile and marked by the euro debt crisis and high commodity prices. 2013-04-08T13:25:52Z Ralph Oppenheimer: Consolidation needed to solve steel overcapacity issue 2013-04-05T14:41:02Z 2013-04-05T14:41:02Z Ralph Oppenheimer of Stemcor has pointed to the need for greater consolidation to solve the overcapacity issue in the European steel industry. 2013-04-05T14:41:02Z Viganò: Consolidation necessary to boost profitability 2013-04-05T14:40:14Z 2013-04-05T14:40:14Z At the International Steel Trade, Cesare Viganò, general manager of CLN, presented his outlook for the steel market in 2013. 2013-04-05T14:40:14Z