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East Asia and Pacific News

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26 Sep

September 10– September 16, 2012 Weekly market report.. Banchero Costa

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East Asia and Pacific News

India not willing to give majority stake to Posco and Severstal

Handan Steel produces ultra-thin galvanized steel sheet for export

Jiuli Pipe’s stainless welded pipe project partially completed

MOC: Average steel prices in China indicate further increase

Siemens VAI to supply wire rod mill for China’s Weiyuan Iron & Steel

US steel imports drop in August but surge year-to-date

Shanxi Province sees decreased coal output and sales in Aug

Construction works at Zhuhai Port coal logistics center completed

Japanese steelmakers to invest in Cape Lambert port expansion

S&P lowers China’s growth forecast to 7.5%

Latest freight rate indications from Banchero Costa – week 39

September 17– September 23, 2012 Weekly market report.. Banchero Costa

US DOC sets minimal rates on certain flats from Korea

South Korea’s car output down 25.9 percent in August

Global pig iron output up 1.6 percent in January-August

Japanese steel exports up 5.5 percent in August

Taiwan’s basic metal output index down 11.9 percent in August

Baosteel spends $11 million on buy-back of 14.89 million shares

China’s SSEA member companies’ crude steel output down 4% in Jan-Aug

Xuanhua Steel produces 191,000 mt of finished steel for export in Jan-Aug

Iron ore inventory at Chinese ports sees slight increase

China’s automobile exports up 5.9 percent in August over July

Finished steel inventory in China declines for nine straight weeks

Japan’s HR flat steel shipments rise in July

China’s coal output down 2.5 percent in Aug

Lingyuan Steel receives government subsidies worth RMB 480 million

Meijin Energy bids $457 million for Australia’s Western Desert

China’s steel industry sees decline in gross profit for Jan-Jul

Iron ore imports from Jingtang Port totals 30.89 million mt in Jan-Sept

Taiyuan Chemical Industry estimates decrease in 2012 coke output

Taiwan’s basic metal export orders down eight percent in Jan-Aug

BREE: Australia’s iron ore export volume to rise 10% in 2012

Global crude steel output falls slightly in August

Japanese crude steel output down 0.5% in Aug from July

EU-27 sets AD duty on ex-China organic coated steel

China’s seamless pipe exports up 18.8 percent in Jan-July

HSBC preliminary China PMI for September up to 47.8

ChinaCoal’s coal sales decline 4.6 percent in August

Hengyang Valin Steel’s steel pipe exports up 3% in Jan-Aug

Japan’s new ship export orders up 65% in Aug over July

MOC: Average steel prices in China increase by 0.5 percent

EU-27 construction output down 0.2% in July from June

Baosteel shareholders approve RMB 5 billion share buyback plan

Xinhua-China Iron Ore Price Index trends upward

Chinese steelmaker orders new wire rod mill to expand capacity

CISA steel composite price index for China rebounds slightly

China’s coke exports fall to 50,000 mt in August

Iron ore inventory at Chinese ports declines for third straight week

Chinese coal price index moves down slightly

September 10– September 16, 2012 Weekly market report.. Banchero Costa