SteelOrbis: East Asia and Pacific, Far East, India, Indian Subcon, Korea, Korea S., Malaysia, North America, South Asia, Southeast Asia, Taiwan, USA, consumption, pipe, production, steelmaking, trading, tubularAccurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading.2013-05-23T01:56:18ZSteelOrbis2013-05-23T01:56:18ZenMexican economic growth estimates decline slightly2013-05-22T22:58:14Z2013-05-22T22:58:14ZAt a press conference, Deputy Finance Minister, Fernando Aportela, said this could have an impact on government revenues.2013-05-22T22:58:14ZMexican plate prices on a demand-driven downtrend2013-05-22T22:56:04Z2013-05-22T22:56:04ZThe downtrend is attributed to weaker demand for plate in Mexico, which is evident in first-quarter statistics for the product.2013-05-22T22:56:04ZNotable wire rod, rebar, billet, tubing, HDG and plate shipments into the US, May 9-152013-05-22T22:53:52Z2013-05-22T22:53:52ZThe weekly Zepol report.2013-05-22T22:53:52ZUS Steel announces $50/nt flat rolled spot price increase2013-05-22T22:50:20Z2013-05-22T22:50:20Z2013-05-22T22:50:20ZImport wire rod offers to the US2013-05-22T22:49:37Z2013-05-22T22:49:37Z2013-05-22T22:49:37ZUS standard pipe market holds at status-quo2013-05-22T22:46:53Z2013-05-22T22:46:53ZAs a result of mediocre order activity, US domestic A-53 ERW BPE Grade A standard pipe spot prices are steady.2013-05-22T22:46:53ZUS rebar prices steady for now, but still vulnerable2013-05-22T22:46:41Z2013-05-22T22:46:41ZHowever, the neutral trend is less a sign of steadiness in the market than a “time out” before June scrap prices settle.2013-05-22T22:46:41ZRoadrunner Steel building distribution center in Arizona2013-05-22T22:34:14Z2013-05-22T22:34:14ZRoadrunner Steel, Inc.announced Wednesday that it is constructing an approximately 100,000-square-foot distribution warehouse in Glendale, Arizona.2013-05-22T22:34:14ZTenaris prepares to start up new presses at Brazilian mill2013-05-22T22:30:02Z2013-05-22T22:30:02ZGlobal pipe and tube producer Tenaris said Wednesday that next week the company will start up two new presses at its mill in Pindamonhangaba, Brazil.2013-05-22T22:30:02ZArchitecture Billings Index drops into negative territory2013-05-22T22:27:34Z2013-05-22T22:27:34ZAfter indicating increasing demand for design services for the better part of a year, the Architecture Billings Index (ABI) reversed course in April.2013-05-22T22:27:34ZMexican beam prices see sharp dip2013-05-22T20:34:56Z2013-05-22T20:34:56ZMexican domestic steel beam IPR (ASTM-A6) prices fell by approximately US$36/mt last week.2013-05-22T20:34:56ZMexican construction recovery could be delayed2013-05-22T20:32:31Z2013-05-22T20:32:31ZAccording to Luis Zárate Rocha, the Mexican construction industry will finally recover from the slowdown that started this January.2013-05-22T20:32:31ZUS domestic line pipe market faces import pricing pressure2013-05-22T20:32:03Z2013-05-22T20:32:03Z2013-05-22T20:32:03ZUS OCTG market struggles with rampant deal-making2013-05-22T20:30:39Z2013-05-22T20:30:39ZWhether you are buying or selling US domestic or import OCTG, one thing is certain. There is no such thing as an average price.2013-05-22T20:30:39ZAs previously indicated, Nucor drops RMS but keeps rebar and merchant bar prices level2013-05-22T20:29:52Z2013-05-22T20:29:52Z2013-05-22T20:29:52ZImport rebar offers to the US from Turkey2013-05-22T20:27:32Z2013-05-22T20:27:32Z2013-05-22T20:27:32ZUS wire rod market largely ignores dropping import prices2013-05-22T20:25:35Z2013-05-22T20:25:35ZFor months, there has been virtually no movement in import wire rod offers to the US from Turkey.2013-05-22T20:25:35ZRussian Steel member companies’ finished steel output declines in April2013-05-22T15:08:54Z2013-05-22T15:08:54ZMember companies of Russkaya Stal (Russian Steel) produced 4.48 million tons of finished steel in April this year, down 4.8 percent year on year.2013-05-22T15:08:54ZNLMK sees increased steel product output in Jan-Apr2013-05-22T15:05:09Z2013-05-22T15:05:09ZIn January-April this year, Russian steelmaker NLMK produced around 3.9 million mt of steel products, up two percent year on year.2013-05-22T15:05:09ZDowntrend persists in sluggish Chinese domestic CRC market2013-05-22T15:04:35Z2013-05-22T15:04:35Z2013-05-22T15:04:35ZJSW’s crude steel production down 11 percent in April2013-05-22T15:01:15Z2013-05-22T15:01:15ZJSW Steel, one of the largest Indian steelmakers, has posted an 11% year-on-year decrease in crude steel production to 637,000 in April this year.2013-05-22T15:01:15ZUkrainian iron ore exports rise by 12 percent in January-April2013-05-22T14:51:23Z2013-05-22T14:51:23ZIn January-April this year, Ukraine's exports of iron ore increased by 12 percent compared to the same period last year to 12.570 million m2013-05-22T14:51:23ZItaly’s crude steel output down 11.6 percent in April2013-05-22T14:35:56Z2013-05-22T14:35:56ZIn April this year, Italian crude steel output decreased by 11.6 percent year on year to 2.115 million metric tons.2013-05-22T14:35:56ZUkrainian steel product exports up 8.6 percent in Q12013-05-22T14:29:45Z2013-05-22T14:29:45ZIn January-March this year, Ukraine exported 5.880 million mt of steel products, up 8.6 percent year on year.2013-05-22T14:29:45ZAlchevsk to increase steel product output in May2013-05-22T14:28:06Z2013-05-22T14:28:06ZIn May, Ukrainian steelmaker Alchevsk Iron & Steel Works (Alchevsk) plans to increase its crude steel output by 20-21% month on month to 400,000 mt.2013-05-22T14:28:06ZAnsteel cuts most of its steel prices for June shipment2013-05-22T14:12:42Z2013-05-22T14:12:42Z2013-05-22T14:12:42ZActivity remains slack in Iranian seamless pipe market2013-05-22T13:44:50Z2013-05-22T13:44:50Z2013-05-22T13:44:50ZUAE-based ESI announces decrease for its rebar prices2013-05-22T13:30:03Z2013-05-22T13:30:03Z2013-05-22T13:30:03ZBritain’s former flagship to be scrapped in Turkey2013-05-22T13:15:09Z2013-05-22T13:15:09ZThe Royal Navy’s former flagship Ark Royal, a light aircraft carrier with a weight of 22,000 tons, has left Portsmouth to Turkey to be scrapped.2013-05-22T13:15:09ZStronger dollar and low availability prevent declines in Turkish rebar spot prices2013-05-22T13:13:06Z2013-05-22T13:13:06Z2013-05-22T13:13:06Z