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Taigang Stainless cuts austenitic stainless export prices - 6/19/2013 6:33:00 AM ET
YIEH reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its export prices for austenitic stainless steel coils by USD 50 per tonne in order to reflect weak nickel prices. After the adjustment, its export prices for 304 grades... |
Nickel Asia exports rise as China steel mills cut costs - 6/18/2013 7:33:00 AM ET
Reuters reported that as China's struggling stainless steel producers rush to cut costs in the face of easing demand, the Philippines' Nickel Asia Corp is seeing increasing volumes as a low cost producer of ore for nickel pig iron. Nickel Asia, whose shares are a... |
Outokumpu participates in centenary celebrations of stainless steel in Sheffield - 6/18/2013 7:31:00 AM ET
Stainless steel giant Outokumpu has participated in the celebration of the 100 years of stainless steel in city of Sheffield, UK in the previous week. Sheffield is the home of Mr Harry Brearley, one of the key inventors of stainless steel in the 1910s. The Centenary... |
Caravel sells noncore assets in WA - 6/18/2013 3:48:00 AM ET
ASX-listed junior Caravel Minerals has agreed to sell its noncore Silver Swan tenements, in Western Australia, to focus on its flagship projects, including the Calingiri copper/molybdenum project, and the Bryah Basin copper/gold project. The metals developer noted that... |
Stainless Kelpies at 100yrs celebrations - 6/17/2013 6:51:00 AM ET
Norbert Dentressangle is supporting the 100th anniversary of the discovery of stainless steel in Sheffield by transporting two 3 metre high horse heads, known as Kelpies, from Scotland to a series of events on behalf of long term customer Outokumpu Stainless. As part of... |
Global moybdenum 2012 output - 6/17/2013 6:48:00 AM ET
Global production of molybdenum in 2012 reached a new high of 529.8 million lbs, up from last year’s record of 521.3 million lbs. Full year figures from the International Molybdenum Association also show global molybdenum use at 520.9 million lbs, just below last... |
Nickel Asia exports rise as China steel mills cut costs - 6/17/2013 4:51:00 AM ET
Mon Jun 17, 2013 4:51am EDT * Low cost producer outperforms wider resources sector * On track for FY guidance of 13.0 million WMT By Melanie Burton SINGAPORE, June 17 (Reuters) - As China's struggling stainless steel producers rush to cut costs in the face of easing... |
Speech Deputy Prime Minister's speech at event marking 100 years of stainless steel - 6/16/2013 5:46:00 AM ET
The Deputy Prime Minister spoke at an event marking 100 years of stainless steel and announced the creation of the Local Growth Committee. Originally given at Sheffield. This is the text of the speech as drafted, which may differ slightly from the delivered version. ... |
Baosteel Special Steel developed duplex stainless steel S32101 - 6/15/2013 5:18:00 AM ET
It is reported that Baosteel Special Steel developed first batch of duplex stainless steel S32101 successfully and the products will be used in the nuclear power projects in Sanmen county, Zhejiang Province and Haiyang city, Shandong Province. With thickness of... |
General Moly Announces Results of Annual Meeting - 6/14/2013 8:30:00 AM ET
LAKEWOOD, Colo.--(BUSINESS WIRE)--GENERAL MOLY ANNOUNCES RESULTS OF ANNUAL MEETING |
Outokumpu inks duplex stainless steel rolled billets pact with Sinopec - 6/14/2013 7:31:00 AM ET
Outokumpu signs a strategic partnership agreement with Sinopec Group on material development and deliveries of stainless steel. As part of the one year agreement Outokumpu supplies Sinopec's subsidiary China Petrochemical International Co Ltd duplex stainless steel... |
EU files AD dispute against China on stainless steel tubes with WTO - 6/14/2013 7:29:00 AM ET
The European Union lodged a complaint at the World Trade Organization on Thursday against China's imposition of anti dumping duties on imports of stainless steel tubes EU said "The EU believes the anti dumping duties are incompatible with WTO law, both on procedural and... |
EU challenges Chinas anti-dumping duties on steel tubes in WTO - 6/13/2013 10:27:00 PM ET
The European Union (EU) said on Thursday that it had lodged a complaint with the World Trade Organization (WTO) against Chinese duties imposed on imports of steel tubes from the EU."The EU today requested consultations with China in the WTO concerning Chinese... |
Steel pipes symbol of China-EU trade war - 6/13/2013 8:03:00 PM ET
/enpproperty--> Experts say bilateral disputes in steel industry 'happen almost every year' The trade war between the European Union and China is likely to intensify, as the former is about to file a complaint against the latter at the World Trade Organization... |
Stainless steel latest on EU and China trade dispute - 6/13/2013 5:18:00 PM ET
BRUSSELS / GENEVA - The European Union has approached the World Trade Organization for holding consultation with China over high tariffs imposed on imports of stainless steel pipes, in the latest of a series of disputes that has sparked fears of a trade war between the two... |
WTO to deal with EU-Chinese steel dispute - 6/13/2013 2:14:00 PM ET
The European Commission has filed a complaint with the World Trade Organization against a recent decision by China to impose punitive tariffs on imports of European stainless steel tubes. China alleged that European producers were selling the tubes in China at below their... |
EU complains to WTO over Chinese stainless steel duty - 6/13/2013 1:54:00 PM ET
The tariff tiff between Brussels and Beijing ratcheted up on Thursday. The European Union lodged a complaint at the World Trade Organisation against China over duties on EU made stainless steel tubes. Under ... |
EU Takes Chinas Anti-Dumping Duties on Steel to WTO - 6/13/2013 1:04:00 PM ET
has requested consultations with China in the World Trade Organization concerning China's anti-dumping duties of 9.7 percent to 11.1 percent imposed on imports of high-performance stainless steel seamless tubes from the EU.Japan had already started a dispute settlement... |
Steel fight adds to EU-China trade tension - 6/13/2013 12:52:00 PM ET
The European Commission said it believed anti-dumping duties imposed by China last November on imports of some high performance stainless steel tubes broke international trade rules. The Commission filed a complaint at the World Trade Organization, claiming the Chinese... |
Fears over looming EU-China trade war intensify - 6/13/2013 12:52:00 PM ET
The European Commission said it believed anti-dumping duties imposed by China last November on imports of some high performance stainless steel tubes broke international trade rules. The Commission filed a complaint at the World Trade Organization, claiming the Chinese... |
Standard Register Launches New Natural Finish In-Mold Label Product - 6/13/2013 12:47:00 PM ET
DAYTON, Ohio--(BUSINESS WIRE)--Standard Register launched IML Naturals, a new in-mold label that provides high quality, natural finishes at a fraction of the cost. |
EU files a complaint with WTO over Chinese stainless steel duty - 6/13/2013 12:13:00 PM ET
(ChinaPost.com.tw) - The European Union said on Thursday it had lodged a complaint at the World Trade Organisation against China's imposition of anti-dumping duties on imports of stainless steel tubes, six months after Japan filed a similar case. |
EU Files WTO Complaint Over Chinese Stainless Steel Duty - 6/13/2013 11:54:00 AM ET
The European Union said on Thursday it had lodged a complaint at the World Trade Organization against China's imposition of anti-dumping duties on imports of stainless steel tubes, six months after Japan filed a similar case. The complaint centers on high-quality steel... |
Research and Markets: International Journal of Cast Metals Research - 6/13/2013 11:35:00 AM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets () has announced the addition of the "International Journal of Cast Metals Research" subscription to their offering. The International Journal of Cast Metals Research is devoted to the dissemination of peer reviewed information... |
EU takes China to WTO over steel anti-dumping duties - 6/13/2013 11:21:00 AM ET
BRUSSELS (AFP) - The European Union said Thursday it was taking China, one of its biggest trade partners, to the World Trade Organization over Chinese tariffs on imported EU stainless steel pipes.The EU "today requested consultations with China" at the WTO, it... |
UPDATE 2-EU files WTO complaint over Chinese stainless steel duty - 6/13/2013 11:04:00 AM ET
Thu Jun 13, 2013 11:03am EDT By Tom Miles GENEVA, June 13 (Reuters) - The European Union lodged a complaint at the World Trade Organization on Thursday against China's imposition of anti-dumping duties on imports of stainless steel tubes, six months after Japan filed a... |
EU files WTO dispute to challenge China on stainless steel duty - 6/13/2013 9:37:00 AM ET
GENEVA (Reuters) - The European Union has launched a complaint at the World Trade Organization to challenge China's imposition of anti-dumping duties on imports of stainless steel tubes, the EU said on Thursday, six months after a similar complaint by Japan. |
China exports stainless steel metro to Turkey - 6/13/2013 7:08:00 AM ET
Xinhua reported that a Chinese manufactured stainless steel metro vehicle began its journey to Turkey from central China's Hunan Province, the first of its kind to be exported to the European market. Mr Liu Youmei, an official with CSR Zhuzhou Electric Locomotive Co,... |
EU to file complaint against China to WTO over steel duty - 6/13/2013 3:33:00 AM ET
(32 mins ago) The European Union will lay a complaint against China at the World Trade Organization over Chinese tariffs on imported stainless steel pipes, European Commission Vice President Antonio Tajani said on Thursday. Tajani, who is also EU Industry Commissioner, told... |
EU to take Chinese steel dispute to WTO Commission - 6/13/2013 3:25:00 AM ET
PARIS (AFP) - The European Union will lay a complaint against China at the World Trade Organization over Chinese tariffs on imported stainless steel pipes, European Commission Vice President Antonio Tajani said on Thursday.Tajani, who is also EU Industry Commissioner, told... |
General Moly to Attend the RBC Capital Markets' Global Mining & Materials Conference - 6/12/2013 7:00:00 PM ET
LAKEWOOD, Colo.--(BUSINESS WIRE)--General Moly to attend the RBC Global Mining & Materials Conference |
Outokumpu shares jumps in 3 weeks - 6/12/2013 7:20:00 AM ET
Bloomberg reported that Outokumpu Oyj gained the most in 3 weeks in Helsinki trading after winning an order to supply tailor made stainless steel for five chemical tankers. Outokumpu shares jumped as much as 5.5%, the most since May 20th in the Finnish capital. The stock... |
Optomec Launches New Low-Cost 3D Printer for Metal Additive Manufacturing - 6/11/2013 2:06:00 PM ET
ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Optomec announced today availability of a new low-cost offering in its lineup of metal 3D Printers named the LENS 450. |
China exports stainless steel metro to Turkey - 6/11/2013 7:31:00 AM ET
People’s Daily reported that a Chinese manufactured stainless steel metro vehicle began its journey to Turkey from central China's Hunan Province on Sunday June 9th, the first of its kind to be exported to the European market. Mr Liu Youmei an official with CSR... |
Outokumpu supplies 12,250 tonnes of stainless steel for Stolt chemical tankers - 6/11/2013 7:29:00 AM ET
Outokumpu has won a contract to supply tailor-made advanced materials for chemical tankers. Outokumpu will supply 12 250 tonne of duplex 2205® stainless steel to a Chinese shipyard for five chemical tankers ordered by Stolt Tankers. Stolt Tankers operates one of the... |
Exclusive: EU to file WTO complaint over Chinese steel duties - sources - 6/11/2013 4:47:00 AM ET
BRUSSELS (Reuters) - The European Union plans to lodge a case with the World Trade Organization against Chinese duties on imports of stainless steel tubes, EU sources said on Tuesday, opening another front in a rapidly escalating trade conflict with Beijing. |
Outokumpu to Supply Tailor-Made Advanced Materials for Chemical Tankers to Chinese Shipyard - 6/10/2013 8:46:00 AM ET
stainless steel to a Chinese shipyard for five chemical tankers ordered by Stolt Tankers. Stolt Tankers operates one of the world’s largest and most sophisticated fleet of chemicals tankers. The contract also includes an option for additional three ... |
ABB to power Mongolia copper plant - Analyst Blog - 6/10/2013 7:04:00 AM ET
ABB Limited recently received a major contract from Mongolyn Alt Corporation to provide electrical equipment package. The contract is for the Mongolyn Alt Corporation's Greenfield copper and molybdenum project Tsagaan Suvarga. ABB expects to complete deliveries between... |
Stainless steel stocks up slightly in Chinese Wuxi market - 6/10/2013 6:50:00 AM ET
According to local sources, the stocks of stainless steel products totaled 187,464 tonne in the Chinese Wuxi market in the second half of May, up slightly 0.74% from the previous 15 days. Among them, 98,470 tonne were cold rolled stainless steel products, falling by... |
Chinese exports of stainless steel in April increase - 6/10/2013 6:49:00 AM ET
YIEH reported that according to data from the Chinese customs, China’s exports of stainless steel flat products totaled 196,878 tonne in April, rising by 10.6% from a month ago. In April, the exports of stainless steel flats to Taiwan increased by 0.6%, those to... |
Taiyuan stainless steel materials lab gets official recognition - 6/10/2013 6:47:00 AM ET
The Ministry of Science and Technology recently approved an application from the Taiyuan Iron & Steel Co to set up a key national laboratory for working on advanced stainless steel materials. According to ministry experts, the lab will play an important role in key... |
US DOC drops dumping rate on Indian stainless bar to zero - 6/10/2013 6:46:00 AM ET
US Department of Commerce announced the final results of its administrative review of stainless steel bar from India. The review originally covered two Indian producers/exporters Ambica Steels Limited and Mukand, Ltd, during the period from February 1st 2011 through... |
China exports stainless steel metro to Turkey - 6/9/2013 9:36:00 PM ET
A Chinese manufactured stainless steel metro vehicle began its journey to Turkey from central China's Hunan Province on Sunday, the first of its kind to be exported to the European market.Liu Youmei, an official with CSR Zhuzhou Electric Locomotive Co., Ltd, said the... |
ABB to supply electrical equipment for Mongolian copper plant - 6/9/2013 5:55:00 AM ET
Facing tough climatic conditions in Mongolia’s Eastern Gobi Desert, ABB is placing an electrical equipment package in the Greenfield copper and molybdenum project Tsagaan Suvarga. The automation and Power Company won the order from Mongolyn Alt Corporation, one of... |
Taiwanese stainless steel market to be quieter - 6/9/2013 5:47:00 AM ET
Although the nickel price in LME is hovering around USD 15,000 per tonne, Yieh United Steel Corp and Tang Eng, the two largest stainless steel producers in Taiwan still decide to cut the June price due to the slack demand. Affected by this, market participants estimated... |
Russia April stainless steel imports up by 5.9% - 6/9/2013 5:46:00 AM ET
According to the Russia based SpetsStal Association, Russian imports of stainless steel products in April this year increased by 5.9% compared to March, rising to 21,764 tonne. In particular, in the given month Russia's imports of stainless wire went up by 33.4%, stainless... |
Outokumpu comments on the Terni divestment process - 6/8/2013 6:19:00 AM ET
In accordance with the commitments given to the European Commission in the context of the merger with Inoxum, Outokumpu continues to pursue the divestment of AST (Acciai Speciali Terni) stainless steel operations in Terni, Italy. In a challenging environment for the... |
Japan 4 months exports of stainless flats fall by 9.3% - 6/7/2013 7:26:00 AM ET
According to data released by Japan’s Ministry of Finance, Japan exported 63,590 tonne of stainless steel flat products in April, falling by 12.4% from March and decreasing by 4.5% YoY. In the first 4 months of this year, the country’s exports of stainless... |
EU to proceed AD review on Chinese stainless steel fastener - 6/7/2013 7:25:00 AM ET
Applied by Taiwan ShehKaiPrecisionCo Ltd the European Commission decided on June 6, 2013 to proceed anti dumping midterm review on stainless steel fasteners and its accessories origin from Chinese mainland and Taiwan province. The HS codes of the products involved in... |
NSSC remains stainless CRC prices flat for June - 6/6/2013 7:34:00 AM ET
YIEH reported that Nippon Steel & Sumikin Stainless, the largest stainless steel producer in Japan announced to leave its domestic prices stainless cold rolled coils and plates unchanged for June in order to reflect lower nickel prices and depreciated Japanese Yen against... |
Russia Q1 stainless steel output up by 18% - 6/6/2013 7:29:00 AM ET
According to the Russian Special Steel and Alloys Consumers and Suppliers Association, in the January to March period of this year Russia's stainless steel product output increased by 18% YoY to 37,640 tonne. Of Russian stainless product output for the given period, long... |
Global stainless crude steel production in Q1 2013 higher than last year - 6/5/2013 7:31:00 AM ET
Based on preliminary data, global stainless crude steel production in the first quarter of 2013 was almost 9.4 million tonne according to the International Stainless Steel Forum. Compared to the first quarter of 2012, this is an increase of 6.0%. However, all areas except... |
ABB to supply new copper plant in Mongolia with main electrical equipment package - 6/4/2013 9:48:00 PM ET
ABB, the power and automation technology group, has won an order for a major electrical equipment package for Mongolyn Alt Corporation (MAK) for its greenfield copper and molybdenum project, Tsagaan Suvarga. The site is located in the Eastern Gobi Desert in Mongolia,... |
European stainless alloy surcharges fall in June - 6/4/2013 7:41:00 AM ET
It’s reported that the European alloy surcharges for stainless steel products slumped in June due to weak demand and lower nickel prices. In June, the alloy surcharges for 304 grade cold rolled coils with thickness of 2 mm average at EUR 1,192~EUR 1,205 per tonne... |
Jindal Stainless report FY 2012-13 net loss - 6/4/2013 7:40:00 AM ET
YIEH reported that Jindal Stainless, the largest stainless steel producer in Indian announced a consolidated net loss of INR 8.42 billion for the fiscal year 2012/13 ended on March 31st 2013. Jindal Stainless stated that the net loss was caused by slowdown in global... |
POSCO Assan sees Turkish stainless CR imports drop in near future - 6/4/2013 7:39:00 AM ET
According to report, Turkey’s first stainless steel cold rolling mill Posco Assan TST said that it plan to commission production at the end of this month and it will see most of stainless steel CR imports to decline soon, said that the company deputy chief commercial... |
Crompion International announces promotions and new hires - 6/4/2013 7:37:00 AM ET
Louisiana-based specialty stainless steels producer and solutions provider Crompion International LLC announced a major promotion and three key executive hires to support its recently completed brand transformation, which is designed to expand global presence and reinforce... |
Russian impose anti dumping tariff on Chinese pipes - 6/4/2013 7:04:00 AM ET
In 2013 May, the Customs Union a free trade area which includes Russia, Kazakhstan and Belarus imposed an anti-dumping tariff on imports of cold-worked seamless stainless steel pipes from China. The decision to that effect was approved by the Eurasian Economic Commission... |
Daily Express on Foshan Stainless Steel Market - 6/3/2013 6:51:00 AM ET
On May 29, 2013, stainless steel prices in Foshan market continued downturn and market players still believed downstream demands have no signs to improve. CR Currently, 2.0mm 304/2B CR coil (trimed) from ZPSS is quoted at CNY16,100 per tonne; 2.0mm 304/2B CR coil... |
Panchakanya Group launches stainless steel water tanks - 6/3/2013 6:50:00 AM ET
Panchakanya Group has started manufacturing stainless steel water tanks using the latest technology for the first time in Nepal. The new product was launched in the domestic market by Neer Shah, brand ambassador of the tank, amidst a program held in Kathmandu on Friday. ... |
ZPSS to Conduct Annual Overhaul in Late June - 6/3/2013 6:49:00 AM ET
Zhangjiagang Pohang Stainless Steel Co Ltd decided to conduct annual overhaul on stainless steel production lines in June for about one week and the steelmaking output will be cut by 15,000 tonnes. Source - China steel information centre and industry database
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Leaks complicate cleanup of U.S. nuclear facility - 6/2/2013 11:05:00 AM ET
A stainless steel tank the size of a basketball court lies buried in the sandy soil of southeastern Washington state, an aging remnant of U.S. ... |
Austenitic Stainless Steel 301 have good corrosion resistance - 6/2/2013 6:54:00 AM ET
Stainless Steel 301 is a commonly available austenitic stainless steel having good corrosion resistance and increased amount of carbon to allow for cold working to a range of tempers. Grade 301 stainless steel has high ductility for formed products. It also hardens rapidly... |
BIR Stainless Steel World Mirror May 2013 - Recycling International - 6/2/2013 6:51:00 AM ET
Recycling International has published an article, based on the latest Stainless Steel & Special Alloys World Mirror produced by the BIR world recycling organization for the benefit of its members. The lack of demand for stainless steel scrap has been balanced by its low... |
Yusco cuts stainless steel prices for June - 6/1/2013 5:32:00 AM ET
Yieh United Steel Corp, one of the major stainless steel producers in Taiwan announced to cut its list prices for stainless steel products for June. The company decided to cut domestic prices by TWD 500~TWD 2,000 per ton and reduce export prices by USD 20~USD 50 per... |
CR austenitic stainless steel prices fall in Asia - 5/31/2013 7:32:00 AM ET
YIEH reported that recently, the prices of cold rolled austenitic stainless steel products have continued falling. At present, the mainstream quotes are at USD 2,450 per tonne CFR. It’s known that the prices of CR austenitic stainless steel products have kept... |
JISCO Tianfeng Stainless Steel to merge with JISCO Hongxing Steel - 5/31/2013 7:29:00 AM ET
Steel Orbis reported that Gansu Province based Chinese steelmaker Jiuquan Iron and Steel Group has announced that its unlisted subsidiary JISCO Tianfeng Stainless Steel will be incorporated within another of its subsidiaries, namely, JISCO Hongxing Iron and Steel Co and... |
Baosteel Stainless to conduct maintenance on HR production line - 5/31/2013 7:28:00 AM ET
Baosteel Stainless Steel is reported to conduct maintenance on its 1780mm HR production line from late June to early July for about two weeks, and the HR stainless steel output will be cut by 20,000 tonnes. Source - China steel information centre and industry |
Balmoral Reports Final Results of Winter 2013 Drill Program at Martiniere, Quebec - 5/30/2013 4:43:00 PM ET
- Expands Bug Lake Gold Zone to North and to Depth
- Intersects Extension of High-Grade Gold-Silver Discovery
- Identifies Potential New, Bug Lake Parallel, Gold Mineralized Structure |
WTO panel to examine China AD duty on certain stainless steel pipes from Japan - 5/30/2013 6:19:00 AM ET
Japan's Ministry of Economy, Trade and Industry has stated that the World Trade Organization has agreed to Japan's request to establish a panel regarding China's decision to impose an anti dumping duty on certain high performance stainless steel seamless tubes imported from... |
POSCO-Thainox aiming for 10pct growth in 2013 - 5/30/2013 6:18:00 AM ET
Bangkok Post reported that the Thai stainless steel unit of South Korean giant POSCO is aiming at 2013 sales growth of 10% to 189,000 tonnes as major clients thrive. Mr Lee Dong-jin, a vice president of POSCO-Thainox, said the company's strategy this year is to focus on... |
Baosteel Stainless cuts stainless steel prices for June - 5/29/2013 7:17:00 AM ET
YIEH reported that Chinese Baosteel Stainless announced to cut domestic prices for austenitic stainless steel prices by CNY 700~CNY 900 per tonne for June to reflect lower raw material prices. Baosteel Stainless decided to cut its list prices for 304 grades hot rolled... |
Outokumpu North America cuts stainless surcharges for June - 5/28/2013 7:20:00 AM ET
Outokumpu North America announced to cut its alloy surcharges for June after the major stainless steel producers including North America Stainless, AK Steel and ATI Allegheny Ludlum announced to cut its alloy surcharges earlier this week. After the adjustment, its alloy... |
At US plant, Kosher meets industrial food - 5/27/2013 12:04:00 PM ET
(ChinaPost.com.tw) - Orthodox Rabbi Pinchas Herman's duties have him rappelling inside a two-story-tall stainless steel tank at a factory that makes enzymes for food products. |
Taiwan steel scrap imports up by 3pct in April - 5/27/2013 6:47:00 AM ET
According to statistics, Taiwan imported 102,830 tonne of stainless steel products in April, up by 3% from a month ago. Among them, 84,683 tonne were hot rolled stainless steel products, rising by 10,000 tonne; 12,006 tonne were cold rolled stainless steel products,... |
Molycorp: 2 Reasons Why Forbes' 'Put Selling Strategy' Could Be Catastrophic - 5/26/2013 10:13:00 PM ET
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Video game console icon turns mobile play god - 5/26/2013 12:03:00 PM ET
(ChinaPost.com.tw) - Video game industry legend Peter Molyneux says the time is right for people to play God on smartphones. |
Aosta gets USD 6 million order for Hong Kong and Macau - 5/26/2013 5:46:00 AM ET
Aosta, Italy based steelmaker Cogne Acciai Speciali has announced it it will supply stainless steel products, mainy ribbed bar Concrinox, worth USD 6 million for the construction of a new bridge between Hong Kong and Macao. The Hong Kong-Zuhai-Macau bridge project is an... |
Marengo Mining conducting more studies at Papua New Guinea copper, molybdenum project - 5/25/2013 6:27:00 AM ET
Marengo Mining has deferred the Feasibility Study for its Yandera Copper, Molybdenum and Gold Project in Papua New Guinea to undertake a focused optimisation program. This is expected to make substantial improvements to the project. Marengo believes that opportunities to... |
Update on Japan production of stainless steel in March 2013 - 5/25/2013 6:15:00 AM ET
The TEX Report reported that the Ministry of Economy, Trade and Industry announced on May 16th that the production volume of stainless steel products in March, 2013 was 238,986 tonne which was up by 7.2% from the prior month. The breakdown is Chromium type: 105,733 tonne... |
Japan crude SUS steel production update - 5/25/2013 6:12:00 AM ET
The TEX Report reported that the crude stainless steel production by Japanese seven major stainless steel mills in March, 2013 was 280,319 tonne down by 4.7% from the prior month. While the increase in demand for stainless steel products was expected because of yen... |
Acerinox gets 2013 Sustainability Award - 5/25/2013 6:11:00 AM ET
The International Stainless Steel Forum has announced that the 2013 Sustainability Award was presented to Acerinox during ISSF's 17th Annual Conference which is being held in New Orleans, USA. Twelve companies submitted a total of 25 case studies that should be... |
2012 is another record year for stainless steel production - ISSF - 5/25/2013 6:10:00 AM ET
The International Stainless Steel Forum released preliminary figures for 2012 which show that stainless steel production grew by 5.2% to reach a record high of 35.4 million metric tonnes. China accounted for the increase in production, with other regions of the world... |
US mills cut stainless surcharges for June - 5/24/2013 6:11:00 AM ET
MaetalFirts reported that the 3 major stainless steel producers in the US, including North America Stainless, AK Steel and ATI Allegheny Ludlum have announced to cut alloy surcharges for stainless steel products for June. NAS’s June alloy surcharges for 304 grades... |
Research and Markets: Global and Chinese Stainless Steel & Products Industry Report, 2012-2015 - 5/23/2013 7:34:00 AM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets () has announced the addition of the "Global and Chinese Stainless Steel & Products Industry Report, 2012-2015" report to their offering. In 2012, stainless steel prices showed the tendency of rise before fall and mobile... |
Taigang Stainless cuts domestic stainless steel prices for June - 5/23/2013 7:20:00 AM ET
YIEH reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its domestic prices for austenitic hot rolled coils and cold rolled coils by CNY 500 per tonne and CNY 800 per tonne respectively for June in order to reflect lower nickel... |
Outokumpu introduces new pricing model - Daily Alloy Surcharge - 5/23/2013 7:18:00 AM ET
Outokumpu plans to introduce an additional stainless steel pricing model -the Daily Alloy Surcharge that would build on the traditional Monthly Alloy Surcharge mechanism. The new Daily Alloy Surcharge model is designed to address the weaknesses of the monthly model as it... |
Outokumpu launches new formable duplex grade - the FDX product family - 5/23/2013 7:17:00 AM ET
As the inventor and market leader in stainless steel Outokumpu continues to bring new innovations to market. The new FDX product family exhibits a unique combination of price stable alloying with high strength and substantially improved formability. FDX is a totally new... |
Outokumpu unveils new vision - 5/23/2013 7:16:00 AM ET
Stainless steel giant Outokumpu launched its latest addition to the duplex product family, the FDX platform, introduced a new pricing model and commented on its strategy progress and the Terni divestment process. Addressing an audience of over 500 customers, partners and... |
US ITC probe steel pipe AD from Vietnam and Malaysia - 5/23/2013 6:59:00 AM ET
The US International Trade Commission said that it would investigate whether American metal producers have been injured by a recent influx of imports of stainless steel pressure pipe from Malaysia, Thailand and Vietnam. The ITC agreed to take up an anti-dumping... |
New Report on Global and China Stainless Steel Products Industry - 5/22/2013 8:35:00 AM ET
Reportlinker.com announces that a new market research report is available in its catalogue: Global and China Stainless Steel & Products Industry Report, ... |
Marengo Mining conducting more studies at Papua New Guinea project - 5/22/2013 7:37:00 AM ET
Marengo Mining has deferred the Feasibility Study for its Yandera Copper, Molybdenum and Gold Project in Papua New Guinea to undertake a focused optimization program. This is expected to make substantial improvements to the project. Marengo believes that opportunities to... |
Taigang Stainless to lift export prices USD 10 per tonne for July - 5/22/2013 7:17:00 AM ET
YIEH reported that Taigang Stainless, the largest stainless steel producers in China planned to increase its export price by USD 10 per tonne for July shipment. After prices adjustment, the export prices for 430 grade cold rolled and hot rolled stainless steel were list... |
Baosteel Stainless cuts export prices for May - 5/22/2013 7:16:00 AM ET
YIEH reported that Baosteel Stainless and Ningbo Baoxin Stainless Steel, the 2 subsidiaries of the Chinese steel giant Baosteel Group released its export prices for May recently. It’s learned that Baosteel Stainless decided to cut its export prices for 304 grades... |
Daily Express on Shanghai Stainless Steel Market - 5/22/2013 7:15:00 AM ET
On May 21st 2013, international nickel prices continued narrow fluctuation. LME nickel future prices closed at USD 15115 per tonne recently, up USD 290 per tonne, while downstream demands maintained depression. Today, Tisco announced stainless steel products future... |
Protecting Stainless Steel from Inevitable Corrosion - 5/21/2013 7:14:00 AM ET
Numerous individuals in the construction, oil and gas, marine and petroleum industries believe that stainless steel does not corrode. However corrosion experts from UAE based Marami Metal Plating strongly emphasize the need for stainless steel passivation treatments to... |
Japan stainless steel output rises in March - 5/21/2013 7:13:00 AM ET
According to statistics released by Japan’s Ministry of Economy, Trade and Industry, Japan’s output of stainless steel products totaled 238,986 tonnes in March increasing by 7.2% from a month ago. Among them, 105,733 tonnes were chromium-based stainless... |
Tangshan Stainless Steel Developed SAE1004 LC Deep drawing Steel - 5/21/2013 7:12:00 AM ET
Hebei Iron&Steel Group Tangshan Stainless Steel Co Ltd developed SAE1004 low carbon deep drawing steel of 7,000 tonne with low costs successfully and the steelmaking costs reduced by 50 per tonne. Source - China steel information centre and industry database
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Southwest Stainless Steel production value in Q1 up by 5.3% - 5/21/2013 7:11:00 AM ET
In the first quarter 2013, Sichuan Southwest Stainless Steel Co Ltd gained production value and sales revenue of CNY 4.114 billion and CNY 4.026 billion severally up 5.3% and 23.2% over prior year. Source - China steel information centre and industry database
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Taiyuan Stainless Steel July export price up USD 10 - 5/21/2013 7:10:00 AM ET
Taiyuan stainless steel quoted 430 CR/HR stainless steel at USD 1490 per tonne and USD 1360 per tonne severally for July shipments, both up USD 10 per tonne over a month ago. Meanwhile, 304CR/HR stainless steel were quoted at USD 2650 per tonne and USD 2520 per tonne,... |
Thompson Creek looks toward a copper and gold future - 5/20/2013 6:09:00 AM ET
Canadian Mining Journal reported that Thompson Creek Metals has built its reputation as being a go to name in the molybdenum space largely thanks to its namesake mine that ranks as the fourth largest molybdenum mine in the world. But with the price of the metal... |
AIS Unveils New Line of Stainless Steel Control Panels and Panel PCs for the Food & Beverage, and Consumer Packaged Goods Industries - 5/20/2013 3:00:00 AM ET
IRVINE, Calif.--(BUSINESS WIRE)--AIS Unveils New Line of Stainless Steel Control Panels and Panel PCs for the Food & Beverage, and Consumer Packaged Goods Industries |
Caravel Minerals hits 233 M in the Yilgarn district - 5/19/2013 5:00:00 AM ET
Caravel Minerals' has discovered extensive zones of copper and molybdenum mineralization such as 233 meters at 0.44% Cu Eq. from a 48.6 meter down hole at the company's wholly owned Calingiri Project, located 120 kilometers from Perth in Western Australia. This broad... |
Stainless steel stocks rise in Chinese Wuxi market rise - 5/19/2013 4:44:00 AM ET
YIEH reported that according to local sources, the stocks of stainless steel products totaled 186,083 tonne in the first 10 days of May, rising by 4.18% from the previous 15 days. Among them, 100,569 tons were cold rolled stainless steel products, rising by 2.37% and... |
US stainless pipe makers submits AD petition against three countries - 5/18/2013 4:57:00 AM ET
It’s reported that the US stainless pipe producers including Bristol Metals, LLC, Felker Brothers Corp and Outokumpu Stainless Pipe, Inc submitted an antidumping petition against imports of welded austenitic stainless steel pressure pipes from Vietnam, Malaysia and... |
Siemens receives FAC from Outokumpu for stainless steel plant in the USA - 5/18/2013 4:56:00 AM ET
At the beginning of April, Siemens Metals Technologies received the final acceptance certificate for the stainless steel works owned by Outokumpu Stainless in the USA. The plant was constructed in Calvert, Alabama and went into operation in November 2012. The scope... |
Taigang Stainless increases export price by USD 10 per tonne - 5/17/2013 7:13:00 AM ET
YIEH reported that Taigang Stainless, the largest steelmaker in China announced to raise its export prices for 400 grades stainless steel products by USD 10 per tonne for July delivery, in order to reflect higher ferrochrome prices. After the adjustment, its export... |
Japanese CR austenitic stainless sheets to CFR level in Asia - 5/17/2013 7:11:00 AM ET
As the consecutive holidays in May were just over, the Japanese CR austenitic stainless steel sheet mills are now gathering bids having been sent during those holidays in May but it cannot be said to be in the stage being all present. Source said that the required price... |
China nickel pig iron producers cut costs - 5/17/2013 7:08:00 AM ET
Reuters reported that China's producers of nickel pig iron are racing to upgrade their facilities as reduced demand from stainless steel mills and weaker nickel prices drive them to cut costs. That could boost low cost capacity and weigh further on prices in the world's top... |
Marengo delays FS results, looks for new power partner - 5/17/2013 3:30:00 AM ET
ASX- and TSX-listed Marengo Mining has been forced to consider alternate sources of power for its proposed Yandera copper-molybdenum-gold project, in Papua New Guinea, after the preferred third-party supplier decided to withdraw from the supply agreement. The miner said on... |
US stainless steel imports slide in March - 5/16/2013 7:39:00 AM ET
According to data released by the American Iron and Steel Institute, the US imported 74,713 tonne of stainless steel products in March, falling by 4.3% from a month ago. Among them, 5,274 tonne were stainless steel coils and sheets, decreasing by 38.18%, 2,848 tonne were... |
Chinese crude stainless steel output in Q1 up - 5/16/2013 7:38:00 AM ET
According to data released by the Stainless Steel Council of China Special Steel Enterprise Association China’s crude stainless steel output totaled 4.405 million tonne in the Q1 of this year, rising by 9.52% YoY. Among them, 2.1331 million tonne were chromium... |
Baosteel cuts export prices for austenitic stainless steel - 5/16/2013 7:37:00 AM ET
YIEH reported that Chinese steel giant Baosteel announced to cut its export prices for austenitic stainless steel coils by USD 100 per tonne effective from May 10th 2013. After the adjustment, its exports prices for 304 grade hot rolled coils with thickness of 3mm and... |
China nickel-pig-iron producers cut costs amid weak demand - 5/16/2013 3:59:00 AM ET
Thu May 16, 2013 3:59am EDT * More low-cost nickel-pig-iron capacity to weigh on prices * About 300,000 T expected to come onstream in few months * Demand to fall as stainless steel mills conduct May-Aug maintenance By Polly Yam HONG KONG, May 16 (Reuters) - China's... |
General Moly Provides Finance Update - 5/15/2013 8:30:00 AM ET
LAKEWOOD, Colo.--(BUSINESS WIRE)--General Moly and Hanlong mutually agreed to terminate a $125 million subordinated loan agreement. |
Fujian Fuxin Speical Steel run its first phrase production - 5/15/2013 7:34:00 AM ET
YIEH reported that Taiwan Formosa group's investment of the Fujian Fuxin Special Steel Co a Greenfield stainless steel works in south east China’s Fujian province, is successful to produce the first batch of steel products on May 12th 2013. The plant main... |
Stainless steel stocks fall in Chinese Foshan market - 5/15/2013 7:33:00 AM ET
YIEH reported that according to local sources, the stocks of stainless steel products totaled 137,264 tonne in the first 10 days of May in the Chinese Foshan market, falling by 4.19% from the previous 10 days. Among them, 65,967 tons were cold rolled stainless steel... |
Thompson Creek looks toward a copper and gold future - 5/14/2013 4:28:00 PM ET
Thompson Creek Metals (TCM-T, TC-N) has built its reputation as being a go-to name in the molybdenum space, largely thanks to its namesake mine that ranks as the fourth largest molybdenum mine in the world. |
Astec creates stainless steel conveyors - 5/14/2013 7:37:00 AM ET
Astec Conveyors has developed a stainless steel zero line pressure conveyor, to meet an increase in demand for a stainless steel product by manufacturers. The company said that the product provides a cleaner and more hygienic conveyor solution than those manufactured... |
Moly Mines to sell Spinifex Ridge iron ore at mine gate to Mineral Resources - 5/13/2013 7:40:00 AM ET
Moly Mines has entered into a mine gate sale agreement to sell the iron ore produced at its Spinifex Ridge project to Mineral Resources. Under the transaction, Moly Mines' wholly owned subsidiary Moly Metals will sell ore from the project to Mineral Resources which will... |
NSSC leaves austenitic CRC prices unchanged for May - 5/13/2013 7:03:00 AM ET
Nippon Steel & Sumikin Stainless, the largest stainless steel producer in Japan announced to raise its domestic prices for ferritic CRC by JPY 10,000 per tonne for May contract in order to reflect higher ferrochrome prices. It said that the contract prices for... |
Synalloy Corp awarded USD 6.0 million in International Fabrication Additions - 5/13/2013 6:58:00 AM ET
Synalloy Corporation, a holding company owning subsidiaries that engage in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, specialty chemicals and fabrication of stainless and carbon steel piping... |
Molycorp Inc (MCP): Don't Expect That Dead Cat To Jump Much Higher - 5/13/2013 12:30:00 AM ET
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Moly Mines enters Mine Gate Sale of Spinifex Ridge - 5/12/2013 7:03:00 AM ET
Moly Mines Limited advise that the Company has entered into a mine gate sale agreement for iron ore produced at the Company's Spinifex Ridge Iron Ore Mine (Transaction) with Mineral Resources Limited. The Transaction is subject to approval of the Company's shareholders at... |
China to build world's largest stainless steel welded pipe production line - 5/12/2013 6:47:00 AM ET
Foshan Taiyuan Group and Foshan Shuangxing Stainless Steel Co Ltd decided to join hands together to build world’s largest stainless steel welded pipe production line with planned annual output of 500,000 tonne in Wuping county, Fujian Province. Source - China... |
Outokumpu given more time to sell Italian steel plant - 5/12/2013 6:46:00 AM ET
Reuters reported that the European Commission has given Finnish stainless steel maker Outokumpu more time to sell its Italian plant Acciai Speciali Terni, the company said that on Friday May 10th 2013. Selling the Terni steel plant, one of Europe's biggest and most... |
Aperam records net loss in January-March - 5/12/2013 6:45:00 AM ET
Steel Orbis reported that Luxembourg headquartered global stainless steel producer Aperam SA, which was spun off by ArcelorMittal and separately listed in 2011, has announced its financial results for the Q1 of 2013. In the Q1 Aperam registered a net loss of USD 28... |
Indian steel industry seeks withdrawal of import duty on scrap - 5/12/2013 6:00:00 AM ET
PTI reported that steel industry demanded withdrawal of 2.5% import duty imposed on melting and stainless steel scraps, saying that the move will slacken demand further and companies will be forced to pass on the burden to end consumers. The industry said its costs will... |
Quintessential completes diamond drilling targeting silver and gold at PNG project - 5/11/2013 7:04:00 AM ET
Quintessential Resources has completed the diamond drilling to test the recently shown Gold Zone and the copper, silver, gold and molybdenum magnetite mineralized Northern Skarn at the Irak prospect in Papua New Guinea. The cores from all 4 holes have been flown for... |
Tubacex announced Q1 result - 5/11/2013 6:47:00 AM ET
Spain based seamless stainless steel pipe producer Tubacex has announced its financial results for the first quarter of the current year. Net profit totaled EUR 3.53 million in the given quarter, tripling the net profit registered in the corresponding quarter of 2012. ... |
European stainless steel output down slightly in Jan to Feb - 5/11/2013 6:46:00 AM ET
According to the latest ‘Bi Monthly Stainless Steel Report May 2013' issued by Germany based service centre Damstahl, in the first 2 months of the current year European stainless crude steel production amounted approximately to 1.4 million tonne falling around 1%... |
Thompson Creek looks toward a copper and gold future - 5/10/2013 11:00:00 PM ET
Thompson Creek Metals (TCM-T, TC-N) has built its reputation as being a go-to name in the molybdenum space, largely thanks to its namesake mine that ranks as the fourth largest molybdenum mine in the world. |
Japan imports of stainless steel products rise in March - 5/10/2013 7:39:00 AM ET
According to data released by Japan’s Ministry of Finance, Japan imported 15,532 tonnes of stainless steel products in March, rising by 4.2% from a month ago. Meanwhile, the import prices averaged at USD 3,086.79 per tonne decreasing by 1.3% MoM. In March, Korea... |
Russia Q1 stainless steel imports up by 12.3% - 5/10/2013 7:37:00 AM ET
According to an assessment made by the Russia based SpetsStal Association, Russian imports of stainless steel products in the Q1 of the year increased by 12.3% compared to the same period of last year to 57,322 tonne. In particular, in the Q1 this year Russia's imports... |
EU imposed tariff to Indian stainless steel wires manufacturer - 5/10/2013 7:36:00 AM ET
Bloomberg reported that the European Union imposed tariffs as high as 27.8% on stainless steel wires from India, saying EU producers such as Ugitech SA of France have been hurt by Indian subsidies and price undercutting. The duties punish Indian manufacturers including... |
India re imposes import duty on steel, stainless steel, aluminium and brass scrap - 5/10/2013 6:00:00 AM ET
Indian government has made changes in the import duty of various types of scraps. The Department of Revenue of Ministry of Finance of the Government of India vide notification No 25/ 2013-Customs dated May 8th 2013 announced amendments in the notification of the... |
UPDATE 2-Molycorp loss widens on higher costs, softer rare earths prices - 5/9/2013 9:32:00 PM ET
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Molycorp loss widens as costs rise - 5/9/2013 5:29:00 PM ET
Molycorp reported a wider quarterly loss on Thursday even as its revenue rose, hurt by higher costs. The US rare earth producer is nearing the end of a $1.25-billion modernisation project at its Mountain Pass mine in California, with commercial production expected at a new... |
Amerigo profit up on lower costs, reviews molybdenum production - 5/9/2013 2:28:00 PM ET
Canadian copper miner Amerigo Resources, which produces copper and molybdenum from tailings from the world's largest underground copper mine, Codelco's El Teniente mine, in Chile, on Thursday reported higher first-quarter profit, buoyed by lower costs, despite lower copper... |
Leading Australian stainless steel products manufacturer collapses - 5/9/2013 7:32:00 AM ET
One of the country’s leading manufacturers of stainless steel tanks, tubes and pressure vessels has collapsed into receivership. The collapse comes as the manufacturing industry continues to suffer under a significant amount of pain. Businesses have collapsed as debts... |
EUROFER welcomes AD measures on SS wires from India - 5/9/2013 7:31:00 AM ET
The European Commission has imposed provisional anti-dumping and anti-subsidy duties of up to 32.1% on stainless steel drawn wire from India. The anti-dumping and anti-subsidy complaints were filed by EUROFER in June 2012. Dumped imports from India now represent over 19%... |
Chinese crude stainless steel Q1 output down by 1.7% - 5/8/2013 7:33:00 AM ET
YIEH reported that according to data of Stainless Steel Council of China Special Steel Enterprise Association, China’s crude stainless steel output totaled 4.4 million tonne in the Q1 of this year, down by 1.7% from a quarter ago. It’s learned that the... |
Outokumpu stainless steel creates lighter tanks and lower maintenance costs - 5/8/2013 7:31:00 AM ET
Outokumpu delivers 150 tonne of stainless steel sheet to construction of storage tanks by Japrotek. Japrotek is a Finnish based company that produces agitators, pressure vessels and large tanks, built on site for the process industries. Originally Japrotek’s end... |
Jacobs Receives Another Contract from Minera Chinalco - 5/7/2013 7:45:00 AM ET
PASADENA, Calif.--(BUSINESS WIRE)--Jacobs is performing a feasibility study for the expansion of Minera Chinalco's Toromocho copper mining facilities in Peru. |
Promesa reaffirms copper and gold porphyry potential in Peru - 5/6/2013 7:17:00 AM ET
Promesa has reaffirmed the copper and gold porphyry system potential of the Alumbre project after further mapping and geochemical sampling identified disseminated gold, copper and molybdenum mineralization in outcrop. The fieldwork follows an induced polarization... |
Turkey imports of stainless steel in March up by 18.9% MoM - 5/6/2013 6:59:00 AM ET
According to data released by the Turkish Statistical Institute, Turkey imported 33,752 tonne of stainless steel flat products in March, rising by 18.9% from a month ago and increasing by 6.8% YoY In March, the country’s import revenues generated by stainless steel... |
China stainless crude steel output hit 4.405 million tonnes in Q1 - 5/6/2013 6:57:00 AM ET
According to statistics on Chinese stainless steel production, import & export and apparent consumption from Stainless Steel Branch of China Special Steel Council, in the first quarter 2013, China stainless crude steel output amounted to 4.405 million tonnes, increasing by... |
Stainless steel stocks fall in Chinese Wuxi market - 5/5/2013 5:56:00 AM ET
According to data from local sources, the stocks of stainless steel products totaled 178,615 tonne in the Chinese Wuxi market in the second half of April, falling by 0.44% from the previous 15 days. Among them, 80,373 tonne were hot rolled stainless steel products,... |
Price Rise Negotiations on Ferritic Stainless Sheets to Be Inevitable to Bog Down - 5/4/2013 8:31:00 AM ET
The TEX report reported that he Japanese mills of ferritic stainless steel sheets are on track to ask for a price rise of ferritic stainless sheets in order to absorb price hikes of chrome and predicted to make full fledged negotiations soon. Some mills already offered a... |
Freeport-McMoRan Copper & Gold Inc. and McMoRan Exploration Co. Announce Special Meeting Date - 5/3/2013 11:42:00 AM ET
PHOENIX & NEW ORLEANS--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and McMoRan Exploration Co. (NYSE: MMR) today announced that MMR will hold a special meeting of its stockholders on June 3, 2013, to vote on the proposed acquisition of MMR by FCX.... |
General Moly Announces First Quarter 2013 Results - 5/3/2013 8:30:00 AM ET
LAKEWOOD, Colo.--(BUSINESS WIRE)--General Moly reports first quarter 2013 results |
Teck Resources Q1 molybdenum production update - 5/3/2013 7:42:00 AM ET
The TEX report reported that Operation results of Teck Resources during the Q1 of 2013 were released on April 23rd 3013. The company produces molybdenum in concentrates as a byproduct of copper from ore processing at Highland Valley, Canada where it owns 97.5% of interest... |
Zaporizhstal to double steel supplies to KCBW - 5/1/2013 6:58:00 AM ET
Zaporizhstal has successfully adopted the production process of new types of roll formed sections made of stainless steel grade used for building Ukrainian railroad passenger cars and superfast electric trains, under the order forwarded by PJSC Kriukovskiy Coach Building... |
Taigang Stainless cuts stainless domestic prices for May - 4/30/2013 6:14:00 AM ET
It’s reported that Taigang Stainless, the largest stainless steel producer in China announced to cut its domestic prices for its austenitic hot rolled coils and cold rolled coils by CNY 700 per tonne and CNY 1,100 per tonne for May deliveries in order to response weak... |
Stainless steel product stocks in Chinese Foshan market fall - 4/30/2013 6:11:00 AM ET
According to local sources, the stocks of stainless steel products totaled 144,689 tonne in the Chinese Foshan market in the second 10 days of April, falling by 4.27% from the previous 10 days. Among them, 72,269 tonne were cold rolled stainless steel products,... |
POSCO CR austenitic stainless sheets price to be below in Asia - 4/30/2013 6:10:00 AM ET
The market prices of CR austenitic stainless steel sheets in Asia are dropping responding to price down of the LME nickel price, and POSCO of Korea seems to have been proceeding with negotiations at around USD 2,550 CFR dipping below USD 2,600 CFR for May/June shipment. ... |
POSCO expects to trial test its stainless steel CR rolling mill in Kocaeli - 4/29/2013 6:53:00 AM ET
YIEH reported that Korean steelmaker giant POSCO planned to start trial production next month at its stainless steel cold rolling mill in Kocaeli, Turkey. Meanwhile, Posco Assan TST is owned 60% by Posco, 10% by Posco’s trading subsidiary Daewoo International and... |
BHP sells Pinto Valley mine to Capstone for $650m - 4/29/2013 2:58:00 AM ET
Mining giant BHP Billiton will sell its Pinto Valley copper and molybdenum operations, in the US, in a deal worth $650-million. The asset, and its associated San Manual Arizona Railroad Company, would be sold to Capstone Mining, subject to regulatory approval. |
Duplex Stainless Steel of NSSC chosen for shipbuilding - 4/28/2013 4:42:00 AM ET
A resource saving type duplex stainless steel, NSSC®2120, of Nippon Steel & Sumikin Stainless Steel Corporation has been chosen for the construction of two domestic tankers, for the first time in Japan, by Sasaki Shipbuilding Co Ltd and Hakata Shipbuilding Co Ltd. ... |
Michlin Metals scheduled to achieve AS 9120A Certification in June - 4/27/2013 6:25:00 AM ET
Houston Chronicle reported that Michlin Metals is 1 of only a handful of woman owned small businesses that distribute aircraft quality steel and specialty stainless steel to the Aerospace and Defense Industries. What makes Michlin Metals even more unique is their overall... |
POSCO expects to trial testing its Turkey stainless steel plant in May - 4/27/2013 6:24:00 AM ET
It is reported that Korean steelmaker giant POSCO planned to start trial production next month at its stainless steel cold rolling mill in Kocaeli, Turkey. Meanwhile, Posco Assan TST is owned 60% by Posco, 10% by Posco’s trading subsidiary Daewoo International and... |
Jindal Stainless plans to double Odisha plant capacity - 4/27/2013 6:22:00 AM ET
Economic Times reported that Jindal Stainless the largest domestic stainless steel producer is planning to double its Odisha plant capacity to 2 million tonnes. Company's Vice Chairman and Managing Director Mr Ratan Jindal said that on the sidelines of a conference... |
Copper, Gold Explorer Liberty Star Receives Updated ZTEM Bid - 4/26/2013 9:30:00 PM ET
TUCSON, Ariz.–(April 26)–Liberty Star Uranium & Metals Corp. (“Liberty Star”or the “Company”)(LBSR: OTCQB) is pleased to announce receipt of a new bid for ZTEM electromagnetic (EM) geophysical studies fromGeotech Ltd. (“Geotech”). The new bid is for fixed wing flight over the Hay Mountain portion of the Company’sTombstone Super Project in Cochise County, AZ. |
Rare Element Announces Appointment of Lowell A. Shonk to Board of Directors - 4/26/2013 9:15:00 PM ET
Lakewood, Colorado - April 24, 2013 - Rare Element Resources Ltd. (NYSE MKT: REE and TSX: RES) (the "Company") announced today that Lowell A. Shonk, a financial professional with more than 30 years of experience in the mining industry, has joined its Board of Directors as of April 23, 2013 and will serve as the Board's Audit Committee Chair. |
Copper, Gold Explorer Liberty Star Receives Updated ZTEM Bid - 4/26/2013 9:25:00 AM ET
TUCSON, Ariz.--(BUSINESS WIRE)--New bid for ZTEM electromagnetic survey over Hay Mountain portion of the Tombstone Super Project for porphyry copper, gold, silver, moly and REEs, Cochise County, Arizona |
Carpenter Enters into Supply Contract with Rolls-Royce - 4/26/2013 8:30:00 AM ET
WYOMISSING, Pa.--(BUSINESS WIRE)--Carpenter Technology Corporation (NYSE: CRS) has finalized the completion of a formal supply agreement that will provide Rolls-Royce with advanced technology materials used in the manufacture of jet engine components. The materials will be... |
Sheffield book celebrates stainless centenary - 4/26/2013 5:32:00 AM ET
The star reported that Sheffield’s celebrations to mark the 100th anniversary of stainless steel stepped up a notch with the launch of the official centenary book. The glossy hardback book includes hundreds of photos covering a century of stainless evolution as... |
TISCO Q1 stainless steel exports up by 92% - 4/26/2013 5:31:00 AM ET
It is reported that in the first quarter of the current year, Shanxi Province based Chinese steelmaker Taiyuan Iron and Steel Co exported 142,000 tonne of stainless steel products up 92.7% YoY as announced by local newspaper Shanxi Daily. In particular, its wide cold... |
Two American steel ask to revive Mexican duties on stainless steel sheet and strip - 4/26/2013 5:29:00 AM ET
Law360 reported that 2 American steel producers urged the Federal Circuit to overturn the findings of a US International Trade Commission sunset review that in 2011 revoked anti-dumping duties on Mexican stainless steel sheet and strip. North American Stainless and... |
Outokumpu - Unsatisfactory results in a weaker than expected market environment - 4/26/2013 5:27:00 AM ET
The Q1 2013 closed with lower underlying EBIT losses versus the Q4 2012 despite the challenging environment and weaker than anticipated seasonality support During the Q1 of 2013, global stainless steel demand declined by 1.2% compared to Q1 2012. European stainless steel... |
Teck Resources updates on copper production - 4/25/2013 6:41:00 AM ET
Highland Valley Copper Q1; Highland Valley Copper's Q1 gross profit before depreciation and amortization rose from a year ago due to a 35% increase in copper sales volumes, partly offset by lower copper prices and molybdenum revenues. Capitalized deferred stripping costs... |
Taigang Stainless posts rise in Q1 net profits - 4/25/2013 6:25:00 AM ET
YIEH reported that Taigang Stainless, the largest stainless steel producers in China recently released its financial result for the Q1 of this year. In the Q1 of this year, Taigang Stainless realized sales incomes of CNY 25.124 billion, rising by 10.97% YoY. Also, its... |
Korea imports of HR stainless coils/plates rise in March - 4/25/2013 6:24:00 AM ET
YIEH reported that according to data released by the Korean Iron and Steel Association, Korea imported 42,069 tonne of hot rolled stainless steel coils/plates in March, rising by 9.3% from a month ago and increasing by 21.8% YoY. Meanwhile, the import prices averaged at... |
Bulova Expands Diamond Collection with Introduction of New Timepieces - 4/24/2013 1:47:00 PM ET
BASEL, Switzerland--(BUSINESS WIRE)--Bulova introduces an extraordinary extension of its renowned Diamond Collection. The Bulova Diamond Collection presents a vast array of silhouettes adorned with hand-set diamonds. |
3000 custom stainless steel fixings from Fix Systems used at new Melbourne R&D centre - 4/24/2013 7:23:00 AM ET
Infolink Architecture & Building reported that architects working on the recently completed National Centre for Synchrotron Science in Clayton, Melbourne specified over 3000 custom made stainless steel fixings from Fix Systems Architectural Hardware for the installation of... |
Taigang Stainless Steel announced Q1 result - 4/24/2013 7:21:00 AM ET
Shanxi Province based Chinese steelmaker Shanxi Taigang Stainless Steel Co announced its financial report for the Q1 of the current year. Accordingly, in the given period the company's operating revenue totaled CNY 25.124 billion up 10.97%, while its net profit amounted to... |
EU may force Aperam to sell some steel assets if buys Italy mill - 4/24/2013 7:20:00 AM ET
Reuters reported that the European Commission may oblige steelmaker Aperam, bidding to buy Outokumpu's stainless steel plant in Terni, to sell other steel assets if it succeeds, a commission source said that. Finnish steelmaker Outokumpu has to sell the Acciai Speciali... |
Acerinox stainless steel Q1 2013 result - 4/24/2013 7:19:00 AM ET
In the Q1 of 2013 the stainless steel market has experienced an improvement compared to the end of 2012. However, doubts about the economic recovery and the prudence on the market, have stopped the traditional restocking process of the first Quarter. The continued... |
Sandvik Global will be on display at OTC 2013 in Houston - 4/23/2013 6:16:00 AM ET
Products made from advanced stainless steels and special alloys from Sandvik for well intervention, topside, subsea and downhole applications will be on display at this year’s OTC 2013 in Houston, Texas. Mr Nigel Haworth, Sandvik Global Sales & Marketing Manager,... |
Research and Markets: Analysis of Baoshan Iron & Steel 2013 - 4/22/2013 11:45:00 AM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Analysis of Baoshan Iron & Steel" company profile to their offering. Baoshan Iron & Steel Co., Ltd. is principally engaged in the manufacture and trading of steel products and by products. The... |
Taiwan stainless steel product imports in March up by 24%MoM - 4/21/2013 5:45:00 AM ET
YIEH reported that Taiwan’s imports of stainless steel products amounted to 99,948 tonne in March, rising by 24% from February according to data released by Taiwan’s customs. Among them, 74,893 tonne of hot rolled stainless steel products, increasing by 16%... |
US stainless steel shipments hit 2 year high in February - 4/21/2013 5:44:00 AM ET
According to data, the US shipments of stainless steel products totaled 168,901 tonne in February, rising by 7.1% from a month ago. Also this is the highest level since March 2011. Among them, 96,306 tonne were cold rolled stainless steel sheets, increasing by 13.7%,... |
Synalloy Corporation Q1 2013 report - 4/21/2013 5:41:00 AM ET
Synalloy Corporation, a holding company owning subsidiaries that engage in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, specialty chemicals and fabrication of stainless and carbon steel piping... |
Taiwan stainless steel scraps imports rise in March - 4/20/2013 6:18:00 AM ET
According to statistics, Taiwan imported 27,457 tonne of stainless steel scraps in March, soaring by 56% from a month ago. The average import prices were at TWD 52,889 per tonne increasing by TWD 2,260 per tonne from February. In March, the US was the exporter of largest... |
Korean exports of HR stainless steel plates slide in March - 4/20/2013 6:17:00 AM ET
According to data released by the Korean Iron and Steel Association Korea’s exports of hot rolled stainless steel plates totaled 47,441 tonne in March, falling by 18.5% from a month ago and decreasing by 6.9% YoY. Meanwhile, the export prices averaged at USD 1,930... |
Boasteel stainless steel achieve success in using IOC concentrates - 4/20/2013 6:16:00 AM ET
In order to further reduce sintering cost, Baosteel stainless steel succeed in using concentrates from Iron Ore Company of Canada. Currently IOC accounts for 10% in its consumption. Source - China steel information centre and industry database
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Outokumpu receives three offers for Acciai Speciali - Report - 4/20/2013 6:15:00 AM ET
Finish stainless steel producer Outokumpu has informed Italy's Ministry of Economic Development that it has received three purchase offers for Terni based Italian stainless mill Acciai Speciali Terni. According to local Italian media reports, US investment fund Apollo... |
Stainless steel stocks fall in Chinese Wuxi market - 4/19/2013 6:21:00 AM ET
According to local sources, the stocks of stainless steel products totaled 179,413 tonne in the Chinese Wuxi market in the first 15 days of April down by 0.19% from 15 days ago. Among them, 96,637 tonne were cold rolled stainless steel products, down by 1.28%, 82,776... |
Freeport-McMoRan Copper & Gold Inc. and Plains Exploration & Production Company Set Special Meeting Date and Stockholder Election Deadline - 4/18/2013 4:18:00 PM ET
PHOENIX & HOUSTON--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) and Plains Exploration & Production Company (NYSE: PXP) today announced that PXP will hold a special meeting of its stockholders on May 20, 2013, to vote on the proposed acquisition of... |
Research and Markets: China Key Stainless Steel Plants Output & Sales/Export Monthly Monitoring Report - 2013 - 4/18/2013 2:16:00 PM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "China Key Stainless Steel Plants Output & Sales/Export Monthly Monitoring Report" subscription to their offering. In the year 2011, stainless crude steel output in China is 15.75 million tons... |
Freeport-McMoRan Copper & Gold Inc. Reports First-Quarter 2013 Results - 4/18/2013 8:00:00 AM ET
PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX): Net income attributable to common stock for first-quarter 2013 was $648 million, $0.68 per share, compared with net income of $764 million, $0.80 per share, for first-quarter 2012. Consolidated sales... |
Lumina Taca Taca project attractive but near term takeover unlikely - 4/18/2013 7:33:00 AM ET
BNamericas reported that Vancouver based Lumina Copper's reliminary economic assessment for the Taca Taca copper, gold and molybdenum project in Argentina's Salta province further de risks a pretty attractive project. Mr Christopher Chang mining analyst of Laurentian... |
Baosteel cuts stainless steel export prices by USD 200 per tonne - 4/18/2013 7:23:00 AM ET
It’s reported that Baosteel Stainless, the second largest stainless steel producer in China announced to cut its export prices for austenitic stainless steel coils by CNY 200 per tonne due to lower nickel prices and sluggish demand. An official of Baosteel... |
Stainless steel stocks down by 0.79% in Chinese Foshan market - 4/18/2013 7:21:00 AM ET
It’s reported that the stainless steel stocks totaled 151,149 tonne in the Chinese Foshan market in the first 10 days of April down by 0.79% from the previous 10 days. Among them, 78,688 tonne were cold rolled stainless steel products, falling by 995 tonne and... |
Nevada Clean Magnesium Appoints New Director - 4/17/2013 3:10:00 PM ET
Nevada Clean Magnesium Inc. (TSX.V-NVM; Frankfurt-M1V; Pink Sheets-MLYFF)(“Nevada CMI” or the “Company”) is pleased to announce the appointment of Grant T. Smith, CA, to the Board of Directors and as an Independent Director to the Audit Committee. |
US DOC drops dumping rate on stainless bar to zero - 4/17/2013 6:23:00 AM ET
US Department of Commerce announced the final results of its administrative review of the antidumping order on stainless steel bar from Brazil. The review covered one company Villares Metals S.A during the period from February 1st 2011 through January 31st 2012. The DOC... |
EU clears stainless steel fastener exporters in dumping probe - 4/17/2013 6:22:00 AM ET
National Multimedia reported that the future looks brighter for Thai makers of stainless-steel fasteners looking to penetrate the European market now that the European Union has ended an anti dumping investigation. Ms Pranee Siriphand director general of the Foreign... |
Stainless steel coating reduces fouling in food industry - 4/17/2013 6:21:00 AM ET
Researchers in the US have developed a way to modify stainless steel surfaces which they claim, dramatically reduces fouling during food processing and improves efficiency. Mr Jeffrey Barish and Ms Julie Goddard from the University of Massachusetts, US said that their... |
Kapurthala RCF to export stainless steel coaches to Bangladesh - 4/17/2013 6:20:00 AM ET
Economic Times reported that the rail coach factory at Kapurthala has been assigned to manufacture and export stainless steel coaches to Bangladesh. RCF Kapurthala's General Manager Mr B N Rajeshwar said that "In this financial year, the Railway Board has given us the... |
Research and Markets: Analysis of Southern Copper Corporation - 4/16/2013 8:41:00 AM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Analysis of Southern Copper Corporation" company profile to their offering. Aruvian Research presents Analysis of Southern Copper Corporation. A complete and comprehensive analysis of Southern... |
Quintessential Resources starts drilling for copper and silver at PNG project - 4/16/2013 6:53:00 AM ET
Quintessential Resources has started a diamond drilling program targeting copper, silver, gold and molybdenum mineralization at the Northern Skarn at the Irak prospect in Papua New Guinea. The drill holes are likely to test the width and subsurface grade of the copper... |
Tungsten Discovery at Happy Creek Minerals' (TSX-V: HPY) Fox Project - 4/15/2013 1:02:00 PM ET
In today's tenuous economy, investors need to be particularly careful about which junior resource company they invest in. Gone are the days when an investor could buy into a company and have a pretty good chance that their holdings will increase in value just out of pure luck. |
European stainless steel output stable in January - Damstahl - 4/15/2013 6:54:00 AM ET
According to the latest ‘Stainless Steel Report April 2013' issued by Germany-based service centre Damstahl, in 2012 European stainless crude steel production amounted approximately to 7.5 million mt, falling around one percent compared to 2011, with the strongest... |
Outokumpu drops on Deutsche Bank funding warning - 4/15/2013 6:53:00 AM ET
Bloomberg reported that Outokumpu Oyj a Finnish maker of stainless steel, fell close to a record low in Helsinki trading as Deutsche Bank AG said the company may be forced to sell assets or issue new shares to boost its balance sheet. Outokumpu fell as much as 4.5% to... |
ITC finds against some CR steel imports from China - 4/15/2013 6:40:00 AM ET
A Ministry of Economic Affairs probe into anti-dumping charges against some cold rolled stainless steel products from China and South Korea has found they had a substantial impact on the local steel industry. The International Trade Commission in a statement said that... |
Why I Believe Molycorp Will Trend Lower - 4/14/2013 8:35:00 PM ET
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AK Steel announces stainless steel price increase - 4/14/2013 7:51:00 AM ET
AK Steel said that it will increase base prices for all 200, 300 and 400 series flat rolled stainless steel products, effective with shipments on May 6th 2013. AK Steel said this increase will be achieved through a reduction in the functional discount of two percentage... |
Aperam is front runner to buy Italian steel plant - 4/14/2013 7:50:00 AM ET
Reuters reported that a consortium led by Luxembourg based stainless steel maker Aperam is the front runner for the acquisition of a stainless steel plant in Terni, Italy. The consortium, which besides Aperam, a firm floated by ArcelorMittal in 2011, includes Italian... |
POSCO says extended slump makes surplus steel capacity a concern - 4/14/2013 7:49:00 AM ET
Economic Times reported POSCO has warned that surplus stainless steel capacity is a serious concern Mr Young Sea Suh EVP of POSCO's stainless division said that "The difficult times would last for some time as global stainless steel industry is faced with a situation of... |
Lumina Copper bullish on USD 3 billion Taca Taca - 4/13/2013 6:38:00 AM ET
Lumina Copper Corporation released results of a preliminary economic study for its wholly owned Taca Taca copper, gold and molybdenum project in northwest Argentina. The PEA has evaluated the merits of constructing a mine and concentrator at Taca Taca to produce copper... |
Japan crude stainless steel output down by 5.9% in Feb 2013 - 4/13/2013 6:23:00 AM ET
According to data, the 7 major stainless steel makers in Japan produced 294,083 tonne of crude stainless steel in February, falling by 5.9% from a month ago. In the first two months of this year, the crude stainless steel output amounted to 606,711 tonne. Source - ... |
US stainless steel exports in February down by 8.7% MoM - 4/12/2013 7:32:00 AM ET
According to statistics, the US exports of stainless steel products totaled 51,413 tonne in February, falling by 8.7% from a month ago and touching the second-lowest volume since July 2011. Among them, 19,652 tonne were cold rolled stainless steel sheets, decreasing by... |
NSSC remains stainless prices unchanged for May 2013 - 4/12/2013 7:28:00 AM ET
Nippon Steel & Sumikin Stainless, the largest stainless steel producer in Japan announced to remain its list prices for ferritic and austenitic stainless steel sheets and plates unchanged for May deliveries. Nippon Steel said that NSSC decided to cut its alloy surcharges... |
Mercator Q1 production down despite improving mill throughput - 4/11/2013 5:45:00 PM ET
Base-metals miner Mercator Minerals this week reported lower copper-equivalent production as a result of mill maintenance downtime, reconfiguring the semiuautogenous (SAG) ball mills and mining through harder areas of the Mineral Park copper/molybdenum mine in Arizona. The... |
Korea CR stainless steel imports hit 2 year high in February - 4/11/2013 6:58:00 AM ET
According to data released by the Korean Iron and Steel Association, Korea imported around 18,070 tons of cold rolled stainless steel products in February, rising by 3.7% from a month ago and jumping by 50.1% YoY, hitting the 2 year high. Among them, 506 tonne were CR... |
China find large molybdenum ore body - 4/11/2013 6:57:00 AM ET
China find a large molybdenum-ore body with estimated 2.2 billion tonnes of molybdenum ore and 1.76 million tonne of molybdenum metal in Caosiwo, which is 5 kilometers from Xinghe County, Inner Mongolia. Source - China steel information centre and industry |
Allegheny Technologies Announces Webcast of Conference Call for First Quarter 2013 Results - 4/10/2013 10:45:00 AM ET
PITTSBURGH--(BUSINESS WIRE)--Q1 Webcast |
Hanlong forces board changes at Moly - 4/10/2013 10:00:00 AM ET
TROUBLED Chinese company Hanlong has moved on Australian junior Moly Mines, forcing the resignation of its independent directors. |
Moly directors in China Hanlong Mining sights - Report - 4/10/2013 8:03:00 AM ET
The West Australian reported that China's Hanlong Mining is set to embroil itself in more controversy on the Australian market, as rumors grow the company is set to spill the independent directors of cashed up miner Moly Mines. With Sundance Resources calling time on the... |
Japan February exports of stainless steel update - 4/10/2013 7:37:00 AM ET
Japan exported 57,000 tonne of stainless steel flat products in February, decreasing by 19.7% from a month ago but increasing by 6.8% from a month ago, according to the data released Japan’s Ministry of Finance. In February, the country’s exports of stainless... |
Korea imports of CR stainless steel products hit 2 year high - 4/10/2013 7:36:00 AM ET
According to data released by the Korean Iron and Steel Association Korea imported around 18,070 tonne of cold rolled stainless steel products in February, rising by 3.7% from a month ago and jumping by 50.1% YoY hitting the 2 year high. Among them, 506 tonne were CR... |
Baosteel reduces stainless output on sluggish demand - 4/10/2013 7:35:00 AM ET
It’s reported that the Chinese steelmaker Baosteel’s crude stainless steel output was at around 100,000 tonne in this March, lower than the average monthly output of 115,000~120,000 tonne in 2012, due to weak demand. The official of Baosteel said that orders... |
Jindal Stainless and Posco sign stainless steel deal - 4/10/2013 7:34:00 AM ET
0 comments |Post a Comment 0 inShare Share More READ MORE ON » spokesperson | producer | POSCO | JINDAL STAINLESS LTD | Jindal Stainless | home appliances | domestic stainless steel producer Jindal Stainless and Posco sign stainless steel dealJindal Stainless... |
Nickel Institute appoints Mr Nigel Ward as director Promotion - 4/9/2013 7:38:00 AM ET
Nickel Institute announced the appointment of Mr Nigel Ward as Director for Promotion & Market Development. In this role, Mr Nigel is responsible for raising awareness of nickel and its benefits in applications like stainless steel as well as promoting the use of nickel in... |
Aziana finds new copper and gold mineralized zone in Madagascar - 4/8/2013 7:21:00 AM ET
Aziana has discovered a new zone of copper, gold, silver and molybdenum mineralization at its Anosivola Hill tenement in south central Madagascar. The new zone was discovered by mapping and sampling on the eastern slope of Anosivola Hill within the intrusive diorites... |
Taseko announces Q1 production results and first concentrate from GDP3 - 4/8/2013 7:18:00 AM ET
Taseko announced 2013 Q1 production of 23.2 million pounds of copper and 355 thousand pounds of molybdenum at its 75% owned Gibraltar Mine. Total sales in the Q1 were 21.5 million pounds of copper and 337 thousand pounds of molybdenum. Taseko's 75% share of Q1 sales was... |
Chinese primary nickel price lower on daily stainless index - 4/8/2013 7:09:00 AM ET
On April 1st 2013, the price of Chinese primary nickel fell by 0.8%, making it the day’s biggest mover. For the fifth day in a row, the price of Chinese ferro-moly remained essentially flat. The cash price of primary Indian nickel saw little change in its price on... |
Taigang Stainless Steel Develops Serial Production of High-end Products - 4/8/2013 7:05:00 AM ET
Shanxi Taigang Stainless Steel Co Ltd developed serial production of high-end products including steel for non-magnetic drill collar use, steel for bent axle use and bearing steel,etc, and partial products fulfilling domestic blank. It is learned that steel for... |
Sandvik gets HAF 604 certification for seamless stainless steel tubes for use in the Chinese nuclear industry - 4/5/2013 6:08:00 AM ET
Adding to its extensive capability in supplying material to the nuclear power generation industry worldwide Sandvik Materials Technology has successfully achieved HAF 604 certification for its seamless stainless steel tube and pipe products for use in the Chinese civil... |
US CIT quashes challenge to AD duties on stainless steel bar from India - 4/5/2013 6:07:00 AM ET
The US Court of International Trade has rebuffed a challenge to the U.S. Department of Commerce’s review of an anti dumping order on stainless steel bar from India, finding Commerce properly used domestic petitioners' allegations in calculating a dumping margin for... |
SCHMOLZ+BICKENBACH AG in still demanding market environment - 4/5/2013 5:59:00 AM ET
In 2012, Swiss publicly listed company SCHMOLZ+BICKENBACH AG, a world market leading company for special steel that includes tool steel, stainless steel and engineering steel, could not remain immune from the weakening global economy and generated revenue that was below the... |
Stainless steel stocks fall by 6.7% in Chinese Wuxi market - 4/4/2013 6:40:00 AM ET
According to statistics the stocks of stainless steel products totaled 179,754 tonne in the last 15 days of March, falling by 6.7% from the previous 15 days. Among them, 97,889 tonne were cold rolled stainless steel products, decreasing by 6.02%, 81,865 tonne were hot... |
Turkey imports of stainless steel in February down - 4/4/2013 6:36:00 AM ET
According to the data provided by the Turkish Statistical Institute, in February this year Turkey's stainless flat steel imports fell by 2.3% compared to the previous month and were stable compared to February 2012, amounting to 28,398 metric tonnes. The value of these... |
General Moly Announces Financing Update - 4/3/2013 5:00:00 PM ET
LAKEWOOD, Colo.--(BUSINESS WIRE)--GENERAL MOLY ANNOUNCES OUTSTANDING $10 MILLION BRIDGE LOAN EXTENDED AND COMPANY WORKING WITH HANLONG ON SECURING AN ADDITIONAL CHINESE FINANCING PARTNER |
US DOC begins review on stainless bar and steel plate - 4/3/2013 6:31:00 AM ET
On Friday, the US Department of Commerce announced the initiation of administrative reviews of antidumping and countervailing duty orders with a February anniversary date. The DOC initiated the following administrative reviews of AD orders involving steel products: ... |
The 25 Stocks Investors Are Shorting Like Crazy - 4/2/2013 3:54:00 PM ET
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LME and Chinese Primary Nickel prices drop - 4/2/2013 7:23:00 AM ET
The price of Chinese primary nickel experienced the biggest price decline of the day, dropping 0.9 percent on March 29,2013. The price of Chinese 304 stainless steel scrap was unchanged. For the fifth day in a row, the price of Chinese 316 stainless steel scrap remained... |
CR austenitic stainless sheets drop back to USD 2,600 CFR - 4/2/2013 7:22:00 AM ET
Export prices of cold rolled austenitic stainless steel sheets in the Asian region drop back to USD 2,600 CFR to USD 2,650 CFR which was the level in October to December 2012. As the LME nickel price dropped from the level of USD 8 to that of USD 7.50, prices of CR... |
US stainless shipments increase for consecutive two months - 4/2/2013 7:20:00 AM ET
According to data released by the American Iron and Steel Institute the US’s stainless shipments totaled 157,759 tonne in January, rising by 5,308 tonne from a month ago while falling by 5.5% YoY. Among them, 9,441 tonne were hot rolled stainless steel products,... |
Research and Markets: Continuous Welded Pipes And Tubes - Global Strategic Business Report - 4/2/2013 5:34:00 AM ET
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/tf5l8v/continuous_welded) has announced the addition of the "Continuous Welded Pipes And Tubes - Global Strategic Business Report" report to their offering. This report analyzes the... |
Yusco cuts stainless steel prices for April - 3/30/2013 6:02:00 AM ET
It is reported that Taiwan’s Yieh United Steel Corp announced to cut April prices for its 300 series stainless hot rolled and cold rolled products by up to USD 50 per tonne for overseas customers, and by NTD 2,500 per tonne for domestic buyers. It’s known... |
European Q2 ferrochrome contract prices rise - 3/30/2013 6:00:00 AM ET
Recently the South African ferrochrome suppliers have reached agreement with the European stainless steel mills for the Q2 ferrochrome prices. The ferrochrome contract prices are at USD 1.27/lb for the Q2, rising by USD 0.145/lb from a quarter ago. In Europe the spot... |
SilverCrest Files La Joya Technical Report Updated Resources & Positive Preliminary Metallurgy; Potential For High Grade Cu-Ag-Au Concentrate With Over 30% Copper - 3/29/2013 2:34:00 PM ET
VANCOUVER, B.C. March 28, 2013 – SilverCrest Mines Inc. (“SilverCrest” or the “Company”) is pleased to announce the filing of a National Instrument 43-101 compliant updated La Joya resources Technical Report (“Technical Report”) including preliminary metallurgical test results for the La Joya Property in Durango, Mexico. |
Freeport-McMoRan Copper & Gold Inc. Completes Acquisition of Kokkola Cobalt Refinery - 3/29/2013 2:00:00 PM ET
PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) announced today the completion of the previously announced transaction for FCX and its joint venture partners to acquire from OM Group, Inc., a large scale cobalt chemical refinery located in Kokkola,... |
Stainless steel stocks rise in Chinese Foshan market - 3/29/2013 6:09:00 AM ET
According to data, the stocks of stainless steel products in the Chinese Foshan market totaled 156,391 tonnes in the second 10 days of March, rising by 3.34% from the previous 10 days. Among them, 81,826 tonnes were cold rolled stainless steel products, rising by 5,583... |
ClassNK approves lean duplex stainless steel - 3/29/2013 6:07:00 AM ET
Motorship reported that as demand for new technologies continues to rise, global classification society, ClassNK has approved the first application of Nippon Steel and Sumikin Stainless Steel Corporation’s new lean duplex stainless steel on vessels in Japan. The... |
China stainless steel exports total 168418 tonne in February - 3/28/2013 6:15:00 AM ET
China exported 168,418 tonne of stainless steel products in February this year, down 16.575% from the January volume, affected by the Chinese New Year holiday, as announced by the Chinese customs authorities. China’s exports of stainless flat steel in the given... |
Freeport-McMoRan Copper & Gold Inc. Declares Quarterly Cash Dividend on Common Stock - 3/27/2013 11:09:00 AM ET
PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) today declared a cash dividend of $0.3125 per share payable on May 1, 2013 to holders of record as of April 15, 2013 for its common stock. FCX is a leading international mining company with... |
Japan HR stainless steel products output rises in Jan - 3/27/2013 6:31:00 AM ET
According to data released by the Japan’s Ministry of Economy, Trade and Industry Japan’s output of hot rolled stainless steel products totaled 226,700 tonne in January rising by 4.1% from a month ago. Among them, 108,802 tons were chrome-based stainless... |
Korea HR stainless steel product imports in February down by 14% MoM - 3/27/2013 6:29:00 AM ET
According to statistics released by the Korea Iron & Steel Association Korea imported 38,482 tonne of hot rolled stainless steel products in February, falling by 14% from a month ago while rising by 18% YoY. The country’s import prices of HR stainless steel... |
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