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On September 19, according to Indian media Hindu Business Line, Moody's Investment Company (American business and financial services company) said that India will be the fastest growing country in the global steel industry in the next 12-18 months.
time2018/09/21
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Since South Korea's Posco has announced a large-scale investment plan of 45 trillion won (about 40.3 billion US dollars) in early September, the company's share price has continued to fall. As concerns about possible cuts in dividends have intensified, investors have sold Posco's shares.
time2018/09/25
PublisherGloria Wong
FormJUNNAN STEEL NEWS
On September 24th, Ukrmetallurgprom, the Ukrainian local steel manufacturer's union, said that Ukraine's steel production in January-August increased by 4% to 12.27 million tons.
time2018/09/26
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In August 2018, the global crude steel output of 64 countries included in the World Steel Association statistics was 151.7 million tons, up 2.6% year-on-year.
time2018/09/27
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In August, South Korean steel pipe exports were affected by the sharp decline in US steel import quotas. Exports fell to 146,600 tons from 247,900 tons in the same period last year, down 53.8% year-on-year.
time2018/09/28
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to the latest data from the Brazilian Iron and Steel Association (Aco Brasil), Brazil's crude steel output fell by 3.7% year-on-year in August, while apparent consumption rose by 11.4%.
time2018/09/29
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to the BNAmericas website, Latin America exported steel to the United States in August, with both Brazil and Mexico showing growth.
time2018/09/30
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to the BNAmericas website, Latin America exported steel to the United States in August, with both Brazil and Mexico showing growth.
time2018/10/08
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Strip Casting is a technology that process of supplying hot metal from ladle and tundish, rapidly solidifying through casting rolls, reducing thickness through rolling mill, cooling and winding up the coil are carried out continuously.
time2018/10/09
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to data from Nippon Steel & Sumitomo Metal Co., Ltd., the inventory of cold, hot coil and coated steel held by Japanese steel mills, distributors and service centers increased by 4.4% to 4.29 million tons last month.
time2018/10/10
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The Turkish Steel Exporters' Association (CIB) said in early October that Turkey's exports of steel products in the first nine months of this year increased by 12.5% year-on-year to 11.4 million tons, and exports amounted to US$11 billion, up 34% year-on-year.
time2018/10/11
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The Ministry of Economy, Trade and Industry of Japan expects that the fourth quarter of Japan's crude steel output will benefit from the strong demand of the domestic automotive industry, industrial and construction machinery industry, and is expected to achieve year-on-year growth.
time2018/10/12
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to data released by the Ukrainian Steel Manufacturers Union on September 24, from January to August, Ukrainian steel production was 12.27 million tons, up 4% year-on-year; export volume was 10.1 million tons, up 5.2% year-on-year.
time2018/10/15
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The reporter learned from the official website of the World Iron and Steel Association (WSA) that the worldsteel released the steel industry outlook on October 16.
time2018/10/16
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The World Steel Association said that global steel demand will increase by 1.4% to 1.681 billion tons next year, and global steel demand will increase by 3.9% to 1,657.9 million tons this year.
time2018/10/17
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The World Steel Association today released the results of the global short-term steel demand forecast for 2018-2019. According to forecasts, global steel demand in 2018 will reach 1,657.9 million tons, an increase of 3.9%. Global steel demand will increase by 1.4% in 2019 to reach 1.6812 billion tons.
time2018/10/18
PublisherGloria Wong
FormJUNNAN STEEL NEWS
time2018/10/22
PublisherGloria Wong
FormJUNNAN STEEL NEWS
On October 15, Vale released its third-quarter production and sales report. According to the report, in the third quarter, the output of iron ore in Vale exceeded 100 million tons, reaching 104.9 million tons, and the annual production capacity reached 400 million tons.
time2018/10/24
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In September 2018, the global crude steel output of 64 countries included in the World Steel Association statistics was 151.7 million tons, an increase of 4.4% year-on-year.
time2018/10/25
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In the week ending October 20, 2018, the domestic domestic crude steel output was 1.875 million short tons, and the capacity utilization rate was 80%.
time2018/10/26
PublisherGloria Wong
FormJUNNAN STEEL NEWS
On October 16, Rio Tinto released its third quarter production performance report. In the third quarter, Rio Tinto's iron ore production (100% basis) reached 82.5 million tons, down 3% year-on-year and 3% lower than the second quarter.
time2018/10/29
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to the Brazilian Iron and Steel Association (IABr), in the first nine months, Brazil's crude steel output was 26.1 million tons, an increase of 2.5%.
time2018/10/30
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The international steel market in October was generally weak. At the end of the month, the global steel benchmark price index of 122.6 points fell by 1.5% month-on-month (expanded), up 5.7% year-on-year and up 18.7% year-on-year.
time2018/10/31
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Germany's "Business Daily" reported on October 22 that Germany established a steel alliance to defend the future market position of the steel industry.
time2018/11/01
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to data released recently by the Korea Iron and Steel Association, in September, South Korea's electro-galvanized steel sheet (EGI) exports were 76,400 tons, up 2.6% year-on-year;
time2018/11/02
PublisherGloria Wong
FormJUNNAN STEEL NEWS
At the first National Steel Summit in Saarbrücken on Monday, government representatives from Saarland, North Latitude, Brandenburg and Lower Saxony, as well as Bremen and Hamburg signed an agreement to set up steel alliance.
time2018/11/05
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to the latest news released by the association recently, in the first three quarters of this year, the global crude steel production reached 1,346.99 billion tons.
time2018/11/06
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The Luxembourg-based steelmaker is selling Luxembourg's Liberty House Group ArcelorMittal Dudelange, as well as Flemalle's two hot dip galvanizing lines and Tilleur's hot-rolled pickling, cold-rolling and tin packaging lines in Belgium. However, the sale price was not disclosed.
time2018/11/07
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The economies of Southeast Asian countries started relatively late, and the economic base was generally weak, especially the development of the steel industry lags behind.
time2018/11/08
PublisherGloria Wong
FormJUNNAN STEEL NEWS
According to data released by the General Administration of Customs on November 8, China imported 23.079 million tons of coal in October, an increase of 1.799 million tons, up 8.45%; a decrease of 2.058 million tons, down 8.19%. From January to October, the country imported a total of 25,204 million tons of coal, an increase of 11.5%.
time2018/11/09
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In the analysis and forecast of the trend of the coke market in the later period, the operators and the industry generally believe that from the perspective of supply and demand, the coke market will maintain a stable and stable operation in the short term, and the price will rise steadily and will not appear obvious.
time2018/11/12
PublisherGloria Wong
FormJUNNAN STEEL NEWS
time2018/11/13
PublisherGloria Wong
FormJUNNAN STEEL NEWS
This week (November 5th to November 9th) the iron ore market was generally oscillating.
time2018/11/14
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In the first half of this year, demand for steel in Thailand increased significantly, up 1.5% year-on-year to 8.48 million tons.
time2018/11/15
PublisherGloria Wong
FormJUNNAN STEEL NEWS
The Latin American Iron and Steel Association (Alacero) recently estimated that Latin America's steel imports this year will reach 23.5 million tons, down 6.5% year-on-year; crude steel production will reach 66.3 million tons, up 3%.
time2018/11/16
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Recently, with the deepening of economic globalization and the continuous adjustment of the division of labor in the global industrial chain, the low-cost human resources and other factors in Southeast Asia have attracted a large number of investments, which has accelerated the industrialization process in the region and driven the demand for steel products.
time2018/11/19
PublisherGloria Wong
FormJUNNAN STEEL NEWS
On the supply side, steel production is concentrated in Malaysia, Vietnam, Thailand and Indonesia. In 2016, the crude steel products of Vietnam, Indonesia, Malaysia and Thailand were 7.81 million, 4.75 million, 2.76 million and 3.83 million respectively.
time2018/11/20
PublisherGloria Wong
FormJUNNAN STEEL NEWS
Tokyo Steel's monthly pricing strategy is closely watched by South Korean competitors such as Posco, Hyundai Steel Co, and Baoshan Iron & Steel Co.
time2018/11/21
PublisherGloria Wong
FormJUNANN STEEL NEWS
In September, the Korean H-beam market price was around 880,000 won / ton (about 779.19 US dollars / ton).
time2018/11/22
PublisherGloria Wong
FormJUNNAN STEEL NEWS
In October, sales of galvanized steel sheets in Korea were 587,700 tons, down 8.7% from the same period last year. According to relevant data, shipments of galvanized steel in Korea totaled 337,500 tons, down 10.9% year-on-year and 17.5% quarter-on-quarter; export volume was 246,200 tons, down 5.5% year-on-year and 23.8% quarter-on-quarter.
time2018/11/23
PublisherGloria Wong
FormJUNNAN STEEL NEWS
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