SteelOrbis - Steel News: economics Accurate steel prices, latest steel news, massive database of steel companies, comprehensive coverage of steel markets, and online steel trading. 2014-11-26T07:11:24Z SteelOrbis 2014-11-26T07:11:24Z en Russia’s Metalloinvest posts lower net profit for Q3 compared to Q2 2014-11-25T15:56:06Z 2014-11-25T15:56:06Z Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest saw its net profit decline 2014-11-25T15:56:06Z People's Bank of China cuts benchmark interest rates 2014-11-24T15:07:16Z 2014-11-24T15:07:16Z The People's Bank of China (PBOC) announced on November 21 that it has decided to cut benchmark interest rates for the first time since July 2012. 2014-11-24T15:07:16Z HSBC's China flash manufacturing PMI edges down to 50.0 in November 2014-11-20T12:58:55Z 2014-11-20T12:58:55Z In November this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) decreased to 50.0 - the lowest level of the past six months. 2014-11-20T12:58:55Z MOC: Average finished steel price in China down 0.2 percent 2014-11-19T10:29:51Z 2014-11-19T10:29:51Z Last week (November 10-16), the overall average finished steel price in China declined by 0.2 percent week on week. 2014-11-19T10:29:51Z Xinyu Steel to issue short-term bonds worth RMB 1.5 billion 2014-11-18T09:56:02Z 2014-11-18T09:56:02Z Chinese steelmaker Xinyu Iron and Steel Co. plans to issue short-term bonds worth RMB 1.5 billion ($244.3 million) on November 19. 2014-11-18T09:56:02Z MOC: Average finished steel price in China up 0.1 percent 2014-11-17T12:23:39Z 2014-11-17T12:23:39Z Last week (November 3-9) the overall average finished steel price in China rose by 0.1 percent week on week. 2014-11-17T12:23:39Z CISA: China composite steel price index up 0.06 percent during October 2014-11-17T12:20:51Z 2014-11-17T12:20:51Z As of October 31, the composite steel price index (CSPI) for the Chinese domestic market was at 86.40 points, up 0.06 percent month on month. 2014-11-17T12:20:51Z Euro area GDP up 0.2 percent in Q3 over Q2 2014-11-14T15:39:21Z 2014-11-14T15:39:21Z During the third quarter this year, gross domestic product increased by 0.2 percent in the euro area compared to previous quarter. 2014-11-14T15:39:21Z Euro area annual inflation up to 0.4 percent in October 2014-11-14T12:58:49Z 2014-11-14T12:58:49Z Annual inflation in the euro area was 0.4 percent in October this year, up from 0.3 percent in September. 2014-11-14T12:58:49Z Hebei Iron & Steel Group to issue short-term bonds worth RMB 2 billion 2014-11-14T09:47:42Z 2014-11-14T09:47:42Z Chinese steelmaker Hebei Iron and Steel Group plans to issue short-term bonds worth RMB 2.0 billion for a term of 365 days on November 18. 2014-11-14T09:47:42Z China's foreign trade value up 8.4 percent in October 2014-11-10T08:13:15Z 2014-11-10T08:13:15Z In October of the current year, China's total foreign trade value amounted to $368.328 billion, up 8.4 percent year on year. 2014-11-10T08:13:15Z Euro area industrial producer prices up 0.2 percent in Sept from Aug 2014-11-06T10:29:04Z 2014-11-06T10:29:04Z In September this year industrial producer prices increased by 0.2 percent in the euro area and by 0.1 percent in the EU-28 month on month. 2014-11-06T10:29:04Z EU-28 unemployment rate unchanged in September from August level 2014-11-04T12:04:41Z 2014-11-04T12:04:41Z In September of the current year, the seasonally adjusted unemployment rate in the European Union member states (EU-28) was 10.1 percent. 2014-11-04T12:04:41Z Turkish metal producers' sales prices up 8.7 percent in October 2014-11-03T15:18:02Z 2014-11-03T15:18:02Z In October this year, the domestic PPI for Turkey's basic metal industry increased by 8.66 percent compared to October 2013. 2014-11-03T15:18:02Z Euro area annual inflation in October up to 0.4 percent 2014-11-03T10:03:23Z 2014-11-03T10:03:23Z Annual inflation in the euro area is expected to be 0.4 percent for October. 2014-11-03T10:03:23Z NBS: China's manufacturing PMI moves down to 50.8% in October 2014-11-03T09:55:43Z 2014-11-03T09:55:43Z The purchasing managers' index (PMI) for China's manufacturing sector was at 50.8 percent in October this year, down 0.3 percentage points from Sept. 2014-11-03T09:55:43Z China's steel sector PMI increases to 46.0 percent in October 2014-11-03T09:36:56Z 2014-11-03T09:36:56Z In October this year, the purchasing managers index (PMI) for the Chinese steel sector was at 46.0 percent. 2014-11-03T09:36:56Z China's GDP increases by 7.4 percent in Jan-Sept 2014-10-21T13:35:10Z 2014-10-21T13:35:10Z China's GDP indicated a year-on-year increase of 7.4 percent to RMB 41.9908 trillion in the January-September quarter of the current year. 2014-10-21T13:35:10Z Euro area annual inflation down to 0.3 percent in September 2014-10-16T12:21:03Z 2014-10-16T12:21:03Z Annual inflation in the euro area was 0.3 percent in September this year, down from 0.4 percent in August. 2014-10-16T12:21:03Z China's PPI down 1.8 percent in September, CPI up 1.6 percent 2014-10-15T10:59:20Z 2014-10-15T10:59:20Z In September this year, China's producer price index (PPI) decreased by 1.8 percent year on year. 2014-10-15T10:59:20Z Increase in construction jobs boosts September employment levels in Canada 2014-10-12T22:45:26Z 2014-10-12T22:45:26Z 2014-10-12T22:45:26Z China's steel sector PMI decreases to 43.6 percent in September 2014-10-08T07:40:26Z 2014-10-08T07:40:26Z In September this year, the purchasing managers index (PMI) for the Chinese steel sector was at 43.6 percent. 2014-10-08T07:40:26Z China's residential housing prices down slightly in Sept from Aug 2014-10-08T07:20:20Z 2014-10-08T07:20:20Z In September this year, the average prices of new residential housing in 100 major cities in China decreased by 0.92 percent month on month. 2014-10-08T07:20:20Z NBS: China's manufacturing PMI remains at 51.1% in September 2014-10-08T07:05:14Z 2014-10-08T07:05:14Z The purchasing managers' index (PMI) for China's manufacturing sector was at 51.1 percent in September of the current year. 2014-10-08T07:05:14Z Pennsylvania promises $30.7 million in grants to US Steel 2014-10-06T20:12:20Z 2014-10-06T20:12:20Z 2014-10-06T20:12:20Z Scrap maintains downward trend on Orbis Steel Index 2014-10-06T09:07:38Z 2014-10-06T09:07:38Z In the week from September 29 to October 5, on the Orbis Steel Index the scrap indexes moved downward. 2014-10-06T09:07:38Z Turkish metal producers' sales prices increase further in September 2014-10-03T08:27:30Z 2014-10-03T08:27:30Z In September this year, the domestic PPI for Turkey's basic metal industry increased by 1.13 percent on month-on-month basis. 2014-10-03T08:27:30Z Euro area industrial producer prices down 1.4 percent in August 2014-10-02T12:23:05Z 2014-10-02T12:23:05Z In August of the current year as compared to August 2013, industrial producer prices fell by 1.4% in the euro area and by 1.5% in the EU-28. 2014-10-02T12:23:05Z Bolivian president announces National Steel Plan 2014-10-01T22:53:05Z 2014-10-01T22:53:05Z 2014-10-01T22:53:05Z EU-28 unemployment rate decreases further in August 2014-10-01T10:54:45Z 2014-10-01T10:54:45Z In August of the current year the seasonally adjusted unemployment rate in the EU member states was 10.1 percent,decreasing from 10.2 percent in July. 2014-10-01T10:54:45Z