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Chinese Steel Makers Suffer Heaviest Loss in 2015
Taking investment returns into account, the country's steel mills recorded a total loss of 64.5 billion yuan in 2015, after a combined profit of 22.6 billion yuan in 2014. |
The Spot Price of Imported Mn Ore Fell Slightly
[www.ferro-alloys.com] According to the statistics of ferro-alloys.com, the spot price of imported manganese ore showed a slight drop than last week. Australian lump Mn46 was quoted at RMB36-37/mtu, South African half carbonic acid Mn37 was quoted at RMB34-35/... |
Taiwan¡¯s Feng Hsin to hike scrap purchasing prices in this week
Feng Hsin Iron & Steel Co, one of the major electric furnace mills in Taiwan, has announced to rise its rebar and scrap purchasing price by NT$300/ton in this week. After price announcement, its scrap purchasing price will be NT$6,400~6,900/ton. |
Port of Hedland iron ore exports up in Mar
Australia's Pilbara monthly report released in March this year, Port of Hedland departure total 39.5 million tons of iron ore, rose 7.9% month on month, the highest level since September last year. Among them, Iron ore exports to China jumped to 32.6 milli... |
US's crude steel weekly output falls slightly
For the week ended April 2nd, US¡¯s domestic crude steel production was 1.65 million/short tons, the capacity utilization was 70.6%. Meanwhile, US¡¯s crude steel production output rose 2.2% year on year, and dropped by 1.5% month on month. After adjustment... |
Ferrexpo¡¯s iron ore production falls in Q1
Ukraine iron ore producer Ferrexpo announced its iron ore pellet production from the 3.3%, to 2.88 million tons. With their own raw material in the production totaled 2.87 million tons in the 1st quarter of this year, down by 2.7% month on month With their... |
Mexico to extend import tariffs on certain imports of steel for 6 months
After intense negotiations with the local steel industry, Mexico Ministry of Economy has extended 15% imports tariff on certain imports of iron and steel products for 6 months. Mexico Ministry of economy said the products involved slab, cold rolled coil, ho... |
Ukraine raises scrap export taxes for three years
Ukraine has announced to increase scrap export taxes from €10-35/ton for three years. The approval by Ukraine Parliament to immediate affected. Meanwhile, there are 250 Ukraine exporters have applied the exports of 3.8 million tons of scarp, which submits ... |
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