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.
US raw steel production drops another 0.8 percent
Tenaris Dalmine’s sales revenue totals €1.17 billion in 2011
Duferco Participations Holding earns profit of €405.7 million in 2011
OECD inflation slows to 2.5 percent in April
Hyundai Heavy Industries to supply drilling rig to Fred Olsen Energy
Apollo Minerals inks MoU with Flinders Ports for port services
Colombian ferronickel export value up 23.5 percent in Q1
German iron ore import prices fall sharply in April
Meishan Steel commissions reheating furnace of 1,780 mm HR line
Italian foundry industry faces tough challenges in 2012
Spanish crude steel output down 15 percent in April
Bayi Steel commissions phase two of welded pipe project
Shougang Changzhi Steel develops high-end grades of rebar
WISCO to build 14 ship berths for Fangchenggang steel facilities
Xinjiang Huixing Chaoyue to commission galvanized sheet project in Aug
India’s SAIL posts decline in net profit for FY 2011-12
South African steelmaker to set up stainless steel JV in Oman
Zhongyou Precision Pipe completes first phase of steel pipe program
Shanxi Province sees increased coal output and sales in Jan-Apr
China’s external trade value rises in early May
Vale sells Colombian thermal coal mines, focuses on coking coal
South Korean CR steel service centers see fall in Q1 net profits
Indian miner NMDC sees improved net profit for FY 2011-12
May 21– May 27, 2012 Weekly market report.. Banchero Costa
Bengang Steel Plate to acquire 75% of Benxi Steel POSCO Cold Rolled Sheet
Turkey’s steel section exports up 21.4 percent in Q1
Aspire to produce 147 million mt coking coal in Mongolia
Spain’s motor vehicle exports down 20% in Jan-Apr
Japanese HR flat steel exports down 5.5 percent in Q1
Sharp fall continues in LME billet market prices
Scope of Nabucco project to be modified
Shandong Steel sells 7.48 million mt of steel products in Jan-Apr
Chinese steel industry profit down 57 percent in Jan-Apr
China sees slower growth in coal demand in April
China to spend further RMB 66 billion on public rental housing
Spain’s industrial price index rises 3.1 pecent in April
Ukrainian steel product imports increase in Jan-Apr
ArcelorMittal Temirtau resumes normal production after fire
Italian industrial confidence indexes dip in May
Guangqing Metal Technology carries out hot trial of stainless slab concaster
Fujian to eliminate 180,000 mt of crude steel capacity in 2012
China’s average daily crude steel output down slightly in mid-May
Iron ore inventory at Chinese ports hits lowest level of current year
Finished steel inventory continues to decline in China
China gives official approval for two major steel production projects
Downward movement predominates on Orbis Steel Index
Latest freight rate indications from Banchero Costa – week 21
Gujarat NRE’s net profit sees sharp decline in FY 2011-12
Sims’ earnings to be hit by “global economic challenges”
New contract at Evraz Camrose puts an end to lockout
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