Latest Steel News
SteelOrbis offers the latest independent steel news coverage compiled by its worldwide steel industry network. Approximately 25 fresh news articles on topics most prominently affecting the steel industry at large can be viewed on the steel news pages everyday in four different languages.
German machine tool industry grows 83 percent in Q2
Latin American apparent steel use estimated at 14.9 million mt in Q2
August 8– August 21, 2011 Weekly market report.. Banchero Costa
NLMK’s Stoilensky to build pelletizing plant with 6 million mt capacity
Turkey’s Cemas posts an increase in sales revenues for H1
Konecranes Plc’s direct holding of its own shares exceeds five percent
1,000 job losses at BlueScope due to A$1.05 billion annual loss
World DRI output up five percent in July over June
German steel prices increase in July
Indian crude steel output to rise 10 percent annually in 2010-2013
Throughput at China’s main ports totals 770 million mt in July
Hansteel produces ABS standard shipbuilding plate for first time
Brazilian domestic iron ore output to double by 2015
BHP Billiton one step closer to Petrohawk Energy acquisition
New SunCoke Energy plant nears completion
US raw steel production edges up
Interpipe’s Dneprostal steel complex nears completion
BHP Billiton plans to build new railway line in Queensland
Morgan Stanley and Goldman Sachs foresee slower global economic growth
China’s trade surplus in July hits highest level since February 2009
Shougang Mining exceeds iron ore export target for January-July
Italy’s Arvedi Group posts sales revenues of €1.8 billion in 2010
Chinese state-run companies’ profits up 24.4 percent in first seven months
Analysts foresee China’s GDP will rise by 9.28 percent in 2011
Indian commerce minister rules out ban on iron ore exports
Italian rebar producer IRO posts improved results for 2010
Global crude steel output up 11.5 percent in July
European scrap index down eight points in July from June
POSCO halts production at BF No. 2 at Gwangyang
Iron ore exports from Indian state of Orissa may be impacted by truck driver strike
Turkey’s Kardemir announces new sales procedure
Orbis Steel Index: Slow movement in steel markets
Latest freight rate indications from Banchero Costa
France’s auto industry orders up 4.6 percent in June over May
Japanese crude steel output up 2.5 percent in July over June
African Minerals increases capacity of Tonkolili iron ore project
Brazil’s CSN continues to increase stake in Usiminas
Both upward and downward movement continues in LME billet market
US Architecture Billings Index registers fifth consecutive drop
L.B. Foster relocates tubular manufacturing plant
Vale to create new logistics company in Brazil
North American rig counts continue to rise
Fortescue posts 76 percent rise in net profit for FY 2010-11
New housing prices in China post year-on-year decline in just one city
Gap between S. Korean distributors’ HR and CR stainless prices to remain narrow
China Shipowners Association fears Vale control of freight market
Iran’s Chaharmahal Bakhtiari Auto Sheet produces 12,000 mt of HDG in four months
Volzhsky Pipe Works posts decreased profit for H1
Lugansk Pipe Works’ welded steel pipe output rises in first seven months
Russia’s NLMK Group inks credit deal for €93 million
Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.