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Nieuws Steel Business Briefing

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European mills increase scrap surcharges for sections
European section mills have implemented large increases in their scrap surcharges for September, they tell Steel Business Briefing.

Germany's Peiner Träger, the sections producing arm of the Salzgitter group, has raised its surcharge on beams to €115/tonne ($165/t) for September, up €28/t from €87/t in August.
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TODAY'S TOP SBB HEADLINES
SBB Special Report : Posco's Indian project moves closer
SE Asian importers stay away from HRC market
ArcelorMittal raises US sheet prices by $60/s.ton
ArcelorMittal Tubarão ramps up output at new hot mill
Sections & merchant bar prices rise in southern Europe
CIS billet producers & buyers ‘bide their time’

Europe
ArcelorMittal to restart another French blast furnace
Voestalpine ends short-time working at Linz
Novolipetsk Steel expects increased output in Q3
Turkish rebar exports remain slow; prices generally steady
Swiss Steel halts production after explosion at melt shop
European mills increase scrap surcharges for sections
China Steel eyes electrical steel service centre in Italy
Most EU engineering steel scrap surcharges rise
Fire halts output at UK bright bar plant
Russian bar maker Serov to restart blast furnace
Ukrainian coil export prices continue upward trend

Asia
Pakistan Steel increases prices for flat products
Pakistan Steel raises billet prices on strong demand
Suppliers hold billet offer prices at above $500 to SE Asia
Shanxi Zhongyang the latest to start new wire rod mill
China's crude steel output to hit record high in August
China's Tieben announces liquidation
Posco expanding auto sheet processing in China
Japanese galvanizers get record fines for price-fixing

North America
Big sheet move puts some US order books on 'pause'
Mexico wants new WTO talks with US over stainless
US farm income falls 38%
Mexico joins WTO complaint on Chinese export restraints
USW continues to support Lakeside buyout of USS Canada
Decline in construction projects impacts Canadian fabricator

Latin America
Vale seeks partners for new 5m t/y slab plant in Brazil
Colombia's steel industry operating at 70% of its capacity
Peru's market improves, reviving growth plans
Brazil's CSN studying rail mill for further longs expansion

Middle East & Africa
Lebanese flats market expecting price rises soon

Scrap & Raw Materials
Peru's iron ore exports came to 500,000 t in June
Sims has net loss of A$150m, but 'cautiously optimistic'
Baosteel takes stake in Australian resources firm
China's iron ore imports look set to plunge in September
Coal India progressing Mozambique project
India continues scrap imports despite new restrictions
Korean scrap dealers rush to sell before Sept price dip
Iron ore reference price fell last week: The Steel Index
Iran's Imidro increases spending on mining

Stainless steel & Ferro-alloys
Appliance industry to boost US demand for ferritic stainless
Yusco to raise stainless export prices by $30-60/t
Yusco's parent studies nickel mining, FeNi production

Tubes & Pipes
Thai pipe maker may get US antidumping order
China’s seamless pipe prices fall on market pessimism
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Turkish scrap booking slows, prices remain firm
Turkish steel mills have slowed their booking of scrap from the global market after the Chinese market started to slow down and because of the current Ramadan period, Steel Business Briefing learns from market players.

After six deep sea cargoes were booked in the third week of August, no significant transaction has been reported, and international traders state that the recent slowdown in Chinese market made Turkish buyers stay away from the market and wait and see the future direction of the Chinese market. Because of Ramadan, the steel market in the Middle East is also slowed down.
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TODAY'S TOP SBB HEADLINES
Chinese steel traders warn of 'time bomb'
Dongkuk to follow Hyundai and lift rebar prices for Sept
Japan's steelmakers have high hopes for new government
Rebar prices picking up in southern Europe
SDI, Severstal follow with US sheet hikes as others wait
Brazilian pig iron maker Margusa resumes output

Europe
Corus seeks higher prices for OCS
German cold roller gets OK for insolvency procedure
Russia is world's third largest exporter in Jan-June 09
Erdemir raises strip prices by up to 17%
Hot-dip galvanised prices likely to rise in N. Europe
Exports lead recovery for German steel fabricators
Bar/rod import offers too high for S. European buyers
Three injured in accident at Albanian steelworks
ArcelorMittal adds coil-coater in Spain

Asia
Baosteel profit down 93%, sees brighter second-half
Slabs targeted for Posco's first phase at Orissa
China Oriental targets 10m t/y steel capacity by 2010
Xinyang adding new bar mill
Indian rebar maker plans backward integration
Taiwan’s Chung Hung raises Sep export prices by $25-35/t

North America
Lakeside gets intervener status in gov suit vs. USS Canada
Samuel Manu-Tech buys Florida sheet piling distributor
Rebate boost doesn't stop Whirlpool closure
Four of eight US districts show weekly output gains

Latin America
Venezuela's Sidor to boost finished output
Venezuela's liquid steel output to reach 8m t/y by 2013
Brazilian flats mills to 'test' higher prices in September
Brazil's Usiminas secures ship plate contracts

Middle East & Africa
Egypt's Ezz increases rebar prices for September

Scrap & Raw Materials
Turkish scrap booking slows, prices remain firm
Interseroh aims for global scrap markets from new Dutch base
Northern Iron chases new funds as production restart nears
Iron ore stocks falling in China as imports ease
Sentiment for pig iron softens in east Asia
Baosteel says OK for mills to pay "provisional" ore prices
Doe Run, Votorantim slow Peru's refined zinc output
Hotazel Mn mine strike will not affect customers, says BHP
Brazilian pig iron maker forecasts export opportunity

Stainless steel & Ferro-alloys
Price rise prompts revival in Turkish stainless imports
Schmolz + Bickenbach sees sales stabilise as stocks decline
Posco lifts 300 and 400-series stainless prices for Sept
FeCr prices seen rising in Q4 as stainless output grows
Taigang Stainless raises output 13% but makes loss
LME sets February for start of trading moly and cobalt

Tubes & Pipes
China's Molong expanding OCTG capacity
N. American OCTG, line pipe shipments up in latest data
Serbian pipe mill to increase production in September
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EU AVERAGE STAINLESS STEEL PRICES - LATEST FORECASTS FROM MEPS

www.meps.co.uk/stainless-steel-price-...

Alloy surcharges for austenitic grades are set to move up significantly in September. This could restrict the ability for local mills to push through further basis price rises. Indeed, basis numbers may come under negative pressure as a result of the anticipated jump in transaction figures. Stainless steel production is likely to grow over the coming months. This could create oversupply in the market if mills bring capacity back on stream too quickly. End-user consumption is also expected to remain low for the remainder of 2009. Consequently, some price slippage is forecast for the final quarter of 2009. A drop in nickel costs could add to the downward movement over this period.

Daily average cash nickel values on the LME soared over August, temporarily breaking through the $US20000 mark. These gains appeared to ignore market fundamentals. LME stock levels moved back above 110000 tonnes, despite the ongoing strike at the Sudbury nickel mine and rising demand due to stainless steel production. Investors speculated further as Chinese buyers continued to stockpile the metal. The monthly average figure is set to increase by over $US3500 per tonne in August. However, concerns regarding underlying demand resulted in numbers slipping recently. Weak fundamentals and economic uncertainty could result in sustained price falls in the short term. Oversupply is likely to continue over the next few months. Chinese imports are also expected to slow in the second half of 2009. Consequently, we still believe that nickel values will decline in the fourth quarter of 2009. However, further speculation by funds could keep prices high. Restocking by stainless steel distributors may help to limit some of the declines. A stronger recovery is then forecast for the beginning of 2010. A healthier world economy, coupled with easier access to credit, should lift cash nickel values throughout the first two quarters of 2010.

Government stimulus projects are likely to boost stainless demand by the beginning of 2010. A rise in consumer spending could also help to improve consumption, particularly in the appliance sector. This should give distributors more confidence to further their inventory rebuilding plans. Consequently, we forecast the price recovery to resume early in 2010 with advances predicted to continue up to the summer.

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Turkish rebar exports quiet, mills struggle to cover costs
Turkish rebar exporters say buyers are still quiet as they still find the market prices high. The price level that the buyers accept do not seem to be satisfactory and still below costs, Turkish producers say.

Mills state that only prices $510-525/tonne and above can cover the costs of scrap that was bought for $310-320/t. But the Egyptian market is just willing to pay $485-490/t cfr, and some transactions from this level have been heard. Dubai is only paying $500-515/t cfr, which is not above the costs, Turkish producers say.
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TODAY'S TOP SBB HEADLINES
Turkish rebar exports quiet, mills struggle to cover costs
Most coil prices remain firm, says The Steel Index
Chinese mills slash rebar/rod prices
Venezuelan pellet output to reach 14m t by 2013
US manufacturing contraction ends, 1st growth in 18 months
US scrap prices expected to rise $20-30/long ton

Europe
Greece’s Sidenor sees imminent recovery
Deadline for sale of Polish shipyards expires
Swiss trading company takes Nucor name
Sections roller plans Germany's first new melt shop in years
Mukherjee quits ArcelorMittal
Evraz aims to buy Carbofer’s Russian distribution business

Asia
India seen reversing controversial rule on scrap imports
Chinese CRC prices weaken
Hongxing first half profits down by 87%
China sees huge growth in wind turbine tower makers
Indian re-roller mulls big melt shop expansion
Jindal plans new melt shop in Orissa
Korean domestic HRC prices to strengthen
Shagang lowers its September prices for flat products
Evraz advances one bar mill project, puts another on hold
Furnace troubles at Nippon Steel's Kimitsu, Oita works
Japan’s flat product stocks in July dip to record low

North America
AK Steel raises US sheet prices $40-60/s.ton
US auto industry's August sales numbers no 'Clunkers'
US opposition builds to foreign trade zone loophole
Shiloh 'cautiously optimistic' regarding US auto sector
American steel buyer optimism decreases
Evraz expects higher capacity use in N. America in H2

Latin America
Brazil's Dedini orders VD/VOD facility from SMS Concast
Brazilian flats maker Usiminas orders 1.7m t/y pickling line
Cuba's Acinox widens trade circle and reaches Ecuador
Lower US output rate could boost Brazilian exports
Çelik Haber
Three South African mills may face fines for illegal cartel
ArcelorMittal South Africa raises flats prices for October
Turkish Diler group chairman dies at 58
Ezz Steel goes ahead with billet project at Suez
Egyptian mill seeks higher prices for strip products

Scrap & Raw Materials
USW seeks lawsuit against Vale over Canadian nickel ops
Mexico's iron ore output climbs in June
Saudi scrap prices are stable, demand is low
ARM iron ore sales rise, manganese falls
Interseroh upbeat despite losses in first half
Scrap import market loses steam in east Asia
China scrap prices weaken
Iron Road identifies major magnetite potential
Spot iron ore prices fall below $85/tonne
Baosteel paying Japan benchmark price for contract ore
Tokyo Steel slashes scrap buying prices again

Stainless steel & Ferro-alloys
Stronger FeCr demand boosts Xstrata-Merafe capacity restart
Spain’s Sidenor goes for €100/t increase in base prices
Tang Eng bumps up stainless export prices by $350-400/t
Taigang cuts 304 prices by $220/t as market slide continues
Hyundai Steel lifts domestic stainless CRC prices

Tubes & Pipes
HSS prices rise $50 in US market following FR increases
NA tube maker increases DOM, ERW prices again
Turkish pipe prices forecast to rise on higher strip costs
Tube market revival not yet visible, says Tubos Reunidos
China’s pipe exports up 15% in July
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Outokumpu restructures sales network
Finland-based stainless steel producer Outokumpu has restructured its regional sales network and created a new post of senior vice-president, regions and stock & processing, within the group’s sales and marketing team.

Effective 1 September, Sheffield-based Mark Perrins takes on the new role. He was previously managing director of Outokumpu Stainless Distribution in the UK, and also responsible for distribution in Ireland and South Africa.
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TODAY'S TOP SBB HEADLINES
Most plate and rebar prices rise again, says The Steel Index
Chinese billet prices slump
Semis import surge plunges China into steel trade deficit
NLMK and Duferco pour $630m into joint venture
Steelmakers work on new bodies for electric, hybrid cars
Sources: rest of US mills to follow on sheet rises next week

Europe
EU distribution stock levels stagnant in July: Eurometal
ArcelorMittal restarts Gijón blast furnace
SSAB’s restarted furnace producing at low level
Hoesch Schwerte starts up expanded rolling mill
Ovako bar plant in Sweden to increase output in Q4
Longs prices are strengthening in Italy
Corus disbands engineering unit
Italian car sales continued to increase in August
Russian construction demand at 40% of pre-crisis level
Bosnian steelmaker to renegotiate privatisation contract
Czech electrical sheet producer increases production

Asia
China lowers export offers for rebar
Shougang targets 30m t/y capacity by 2012
China manufacturing, input inflation costs grow in August
Hyundai Steel lifting inverted angles output
Hyundai Steel begins countdown to BF start-up
Tokai coil centres benefit from automaker recovery
Rebar, wire rod import markets quiet in SE Asia
Thai electrical steel centre plans to lift output nearly 50%

North America
US semis imports rise, especially from Brazil
US imports slightly down in August
US rod market reaction mixed to $50 price increase
HRC, CRC sheet import licenses up big in August

Latin America
Chile's CAP resumes studies for its steel output expansion
Venezuela's Sidor to expand retail arm Ferresidor
Jamaica's steel market falls 25-30% y-o-y
Plate prices stagnant at R$2,000/t in Brazil
Brazil's HRC, plate exports more than double in July

Middle East & Africa
Turkish flat product imports showed increase in July
Turkish domestic rebar demand continues to be slow
Emirates Steel appoints new CEO, production target 6.5m t/y
Emirates rebar prices steady, buyers resist
Scrap & Raw Materials
Nickel inventories at century high, price holds steady
Tianjin Steel plans first iron ore pellet plant
Tata Steel expands iron ore production in India
Hebei advises coke production cuts to bring down stocks
Brazil-China vessel bookings plunge in August
Venezuelan HBI prices rise as demand recovers

Stainless steel & Ferro-alloys
Taigang warns of worsening overcapacity for China stainless
Taigang Stainless raises 2009 output target by 200,000 t
Outokumpu restructures sales network
Turkish service center launches stainless cut to length line
SBB Special Report: Uncertainty grows over Chinese stainless

Tubes & Pipes
US line pipe, OCTG imports continue fall
Chinese seamless pipe maker starts 1m t/y project
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Preview of Today's Top Article
More European mills raise sections and plate prices
Corus is increasing its sections and plate prices for all newly booked UK deliveries from 4 October, it tells Steel Business Briefing.

It aims to raise sections prices by £25/tonne (€29/t) due to “improving demand” and is targeting increases of £30/t (€34/t) for commodity plate and of £40/t for non-commodity plate. The rises also reflect recent increases in raw material costs, such as scrap, the company says.
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TODAY'S TOP SBB HEADLINES
Plate prices boosted in southern Europe
Chinese exports & furnace restarts threaten recovery - WSR
More companies have higher inventories - The Steel Index
Taiwan’s China Steel raises Oct-Nov prices by 9%
Exports unlikely to rescue China from overcapacity problems
More European mills raise sections and plate prices
CIS billet prices squeezed, as buyers hold off
Nucor to lower US merchant bar prices by $20-40/s.ton
China traders still looking for Brazilian pig iron tenders
SBB Special Report: Petrochemicals push Brazil tube demand

Europe
Coil prices in northern Europe edge upwards
Alfa Group prepares Donetsk mill for restart
Turkish importers get new coil offers; China makes comeback
Polish steel distributor 'open to consolidation'
Participants unclear on direction of UK medium sections
August sees record tonnage of billet traded on LME
Turkey's Kardemir reduces domestic rebar prices
UK strip prices still firm, optimism still receding
Most Italian distributors ready to pay longs increases
Salzgitter aims for 25,000 t/y at new strip caster
Turkish auto sales weaken, exports fall too
Palini increases plate sales to Middle East & North Africa

Asia
Mukherjee may join India’s Essar Steel
Chinese steel sector profitable in July
Indian mills hike flat product prices for September
China Minmetals could buy coil plants from FerroChina
Posco to upgrade electro-galv line in Pohang
Shanghai merchant bar prices decline
Japan's steel exports climb in July

North America
Charter to follow $50 wire rod hike in the US market
Lawyer argues foreign trade zones keep US competitive
CME HRC futures contract price continues to rise
Timken teams with Japanese producer for Asian expansion
Floor price on Russian HRC to US continues downward slide
Nucor joins sheet move earlier - and lower - than expected
US discrete plate imports up, coiled plate relatively flat

Latin America
Brazil's CSN joins Usiminas and cuts discounts
Brazilian fabricator to build new unit in Espírito Santo

Middle East & Africa
UAE flat steel demand good, coil prices are rising
Egyptian rebar market advances, imports absent

Scrap & Raw Materials
United Taconite returns Minnesota ops to 40-hour work week
AK Steel, SunCoke ink coke deal
Explosion kills one at US Steel's Clairton coke works
Scrap cars will keep German shredders busy for a long time
Mechel gets state support to fund Elga coking coal project
Colombian ferronickel exports decline in July
China's Donghai Steel builds new blast furnace
Holiday dynamite ban to curb Chinese iron ore production
Baotou signs 3m t/y offtake deal at new Australian mine
Czech coal mining group secures financing for mine upgrades

Stainless steel & Ferro-alloys
Stainless plate volumes may recover in Q4 - Jacquet Metals
TK Stainless proposes cost saving measures at German plants
FeCr market 'at risk of returning to oversupply'
Russia stainless consumption set to plunge this year
Third Korean mill lifts stainless CRC prices
Stainless scrap in shortage, says ELG

Tubes & Pipes
Outokumpu rearranges stainless tube, sells hollow sections
Synalloy Corp adds carbon producer to pipe operations
Turkish pipe export prices stable despite higher HRC costs
Chinese welded pipe prices keep falling
Nippon Steel wins Thai linepipe contract
Corinth Pipe profits rise on lower raw material costs
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European mills could restart 20m t/y of capacity by year-end
With more and more steel producers across western Europe announcing the restart of idled blast furnaces, the market could see more than 20m tonnes/year of theoretical production capacity brought back on stream before the end of the fourth quarter, according to a survey by Steel Business Briefing.

Although not all the restarts will be at full capacity, one leading steel trader says his company is nervous as to whether the additional production will be matched by sustainable demand.
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TODAY'S TOP SBB HEADLINES
Korean users cool to Chinese HRC imports
China's mills to lower prices, but production remains high
N. European mills seek big price rise for sections in Q4
European mills could restart 20m t/y of capacity by year-end
Transpetro again pressing Brazil's mills for lower prices
Scrap surcharges to rise $22-25/s.ton in US market

Europe
Chinese plate offer prices into southern Europe rise
Italian strip market picks up, Riva increases prices
Evraz’s Russian steelworks increase export sales
Klöckner raises funds to resume acquisition plans
Turkish HDG coil prices rise again
German steel output forecast to go above 30m t in ‘09
Kremikovtzi's creditors meet next month to decide its future
Turkish plate market quiet, demand sluggish
Credit insurance still hampering European steel trade

Asia
ArcelorMittal takes 35% stake in Indian galvaniser
Indian longs producer moves into strip production
Mukherjee appointed Essar CEO
Shougang Jingtang starts trials on new HDG line
Chinese rod prices still falling as holiday slowdown looms
Summer dents Korean auto output

North America
US wire rod imports up from Italy, Venezuela, Brazil
Canada green lights AD case against Ukrainian plate
ThyssenKrupp will feed Alabama with costly German slab
AK announces electrical sheet surcharge hike

Latin America
Brazil's auto production increases in August
Chile's construction activity continues to decline
Brazil doubles rebar exports to Bolivia; prices at US$930/t

Middle East & Africa
Iraq to start producing rebars next year
Iraqi rebar demand remains slow

Scrap & Raw Materials
SDI's Elkhart mega-shredder to be dismantled
Vale resumes iron ore production at Água Limpa mine
Iron ore reference price falls 8% in week - The Steel Index
Shanxi coke makers clip references prices for September
Iron ore handled at China's Dalian port hits record high
Indian iron ore miners consider production cuts
Anglo wins appeal for go-ahead in Brazilian ore project
Chinese iron ore output may drop as spot price falls
Italian scrap prices rise €30/t as steel mills re-stock
New scrap getting short amidst rising prices in Germany

Stainless steel & Ferro-alloys
Investment firm makes offer for Crucible
N. American mills raise stainless surcharges for October
ThyssenKrupp Stainless goes solo, delays US start-up
Asian stainless offer prices drop despite announced rise
Sandvik opening new service centre in China
FeMn price rise not based on improved underlying demand
European stainless bar surcharges surge upwards again
Chinese EMM export prices supported by production halts
Chinese FeSi prices slip $30-40/t
NSSC lifts stainless wire rod prices

Tubes & Pipes
US oil rigs increase in latest count
Russia begins new investigation of large-dia pipe imports
AK Tube announces price increase
Large ERW mill delayed in eastern China
Chinese seamless pipe prices drop further
Chinese pipe output up, exports collapse
New ERW mill commissions in northwest China
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Severstal sees ‘fragile’ improvement in steel markets
Miner and steelmaker Severstal has seen some signs of improvements in its markets since June, with production volumes and prices increasing across the group in the third quarter. It has production facilities in Russia, Ukraine, Italy, France, the UK and the US.

Order visibility has also improved over the summer, the company says, and it expects restocking in the US and Russia and economic stimulus plans announced by many national governments to support demand for the rest of the year.
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TODAY'S TOP SBB HEADLINES
US and Turkish coil prices continue rise - The Steel Index
China’s HRC exports attract more interest
Indian scrap market shows signs of recovery
Baosteel cuts HRC prices for October, CRC and HDG unchanged
Falling price and high cost squeeze Turkish rebar exports
Boost in US semis imports not coming from Brazil alone

Europe
MMK Atakas set to start coil coating late 2009
UK merchant bar prices rise on back of scrap increases
Kardemir seeks higher rebar prices, demand remains low
German crude production close to 3mt in August
EC approves Severstal & Gonvarri joint venture
HRC prices show widening divergence, buyer says
Fragmented Polish steel distribution sector sees 'cleansing'
Severstal sees ‘fragile’ improvement in steel markets

Asia
Strike threatens major disruptions at all Indian ports
Korean steelmakers wait for 'four rivers' project orders
China H-beam prices fall as traders rush to de-stock
New Shangang-Rigang joint venture finally progresses
China to produce 12 million vehicles in 2009
Taiwan China Steel output dipped 22% in August
EG sheet prices strengthen in Japan
Evraz still hopes to increase participation in Chinese mill

North America
Severstal ‘keeps options open’ on restarting idled US plants
Report: US manufacturing won't see strong upturn until 2011
Structural Bridges awarded C$16.5 m contract
Mexico's wire and mesh production on the rise
US DOC imposes de minimis duties on Korean HDG

Latin America
Argentina's auto industry remains flat in August

Middle East & Africa
Furnace operations resume after fatal explosion at AMSA
Saudi Arabian flats market slows, upturn expected next month
Highveld boosts semis exports
Clarification: Safal Steel Group

Scrap & Raw Materials
French coke producer to close if no buyer is found
Turkish mills may return to scrap market soon
CIS pig iron exports to Turkey slowed in July
Anshan inks iron ore shipping contract with Japan's K Line
Korea government seeks US scrap for new stockpile
W. Australian miners move ahead with new port project
Japan's scrap mart relaxed at JFE shaft furnace restart
Bidding prices decline in latest Indian pig iron tender
MMX's owner rumoured to be in talks on stake in Vale
Venezuela's 2009 iron ore output to decline nearly a third
Brazil's Samarco pellets exports increase in July

Stainless steel & Ferro-alloys
Taigang, Baosteel see ‘slight’ cut in stainless output
Rising steel output seen pushing up prices for FeMn and Mo

Tubes & Pipes
Wujin targets high-end stainless pipe market
US line pipe imports from Middle East, Asia and Canada fall
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Bank of China could tighten credit to steel sector
Bank of China (BOC), a major Chinese state-owned bank, has threatened to tighten credit to the steel sector in the second half of this year if its bad loan ratio deteriorates, local reports say.

This strategy was revealed at BOC’s risk assessment conference. BOC issued new bank loans of RMB 901.9bn ($132bn) in the first half of this year, of the RMB 7.36 trillion issued in total in China.
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TODAY'S TOP SBB HEADLINES
European plate and rebar stable or rising - The Steel Index
SBB Special Report: Indian longs prices rise on higher costs
Weaker flat steel markets depress slab prices in E. Asia
Spot iron ore prices stabilise in China, bottom maybe near
Shipbuilding orders rise again in August
US Steel 'sending messages' to market with latest hike
Brazil's housing program to consume 1m tonnes of steel

Europe
NLMK upgrades melting and casting at Nizhnie Sergi
Turkish bar exports are down 13% so far this year
UK rebar prices up on scrap, higher prices elsewhere
Turkish flat steel trade slows as buyers expect lower prices
IMS sees special steel demand stabilising
MMK Atakas clarifies capacity numbers
French EAF output fell 80% in August holiday
Corus delivers first Scunthorpe rails into mainland Europe
Polish shipyard equipment up for auction

Asia
Bank of China could tighten credit to steel sector
Quiet Korean rebar market braces for import surge
Liaoning gets tough on small mills
Lianyuan Steel to commission hot strip mill and BF
Daido deal adds to Timken's Japanese specialty portfolio
LME’s Far East contract struggles to gain users in Asia

North America
SSAB North America hikes plate prices
'Rumors abound' as US market awaits October beam pricing
ATI enters $1bn agreement with Rolls Royce
Mexico's auto industry continues decline
Korean HDG imports get minimal AD duties from US DOC
Former USW employee to head US manufacturing policy

Latin America
Chile's August rebar shipments increase month-on-month
Usiminas exec leaves for growing independent stockist
Gerdau AZA moves aggressively into drawn products

Middle East & Africa
Syrian strip market slow, expected to be better in October
Egyptian rebar trade remains slow, may pick up next month

Scrap & Raw Materials
Russian scrap prices rise, steelmakers fear winter shortage
Northland needs $350m to begin ore operations in two years
Brazil's MMX concludes pig iron plant sale to Vetorial
Kumba is close to finalising iron ore prices in Asia
Rio Tinto ships 3 billionth tonne of iron ore
Hong Kong company plans to acquire coking coal project
China's CRM takes stakes in two Australian iron ore juniors
Atlas-Warwick merger aims to produce 26m t/y of iron ore
Output for Venezuela's FMO to reach only 13.5m t in 2009

Stainless steel & Ferro-alloys
American stainless surcharges continue to rise
Ferro-chrome price rises “dramatically” since August
Nickel prices seen heading lower on rising stocks
Chinese stainless prices continue downturn
Taigang cuts 304 stainless prices by another $220/t

Tubes & Pipes
Bosnian welded pipe mill increases production
Chicago Tube completes Wisconsin move
NA pipe producer announces September price hike
Liaoyang Pipe supplying UOE pipe to Nigeria
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Preview of Today's Top Article
EU ends dumping case against hollow section imports
The European Union has terminated its anti-dumping investigation against imports of hollow sections from three countries, after EU producers withdrew their complaint. In a notice obtained by Steel Business Briefing, the EU said yesterday that the complainant – the Defence Committee of the Welded Steel Tubes Industry of the EU – cited changed market conditions as the reason for withdrawing.

The EU producers filed their complaint against Belarus, Turkey and Ukraine a year ago, claiming that imports during the period 1 October 2007-30 September 2008 had been dumped at unfairly low prices. Since then, the notice said, demand for hollow sections in the EU has collapsed and imports have declined.
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TODAY'S TOP SBB HEADLINES
CIS billet export offers remain high, but demand is gone
Demand, production coming to a shaky balance – Klöckner
China offers strip products at lower prices to UAE
China sees record output in August, HRC prices recover
Japanese mini mill billet exports steady
Chinese antidumping case results in 30% duty on OCTG
American steelmakers continue production gains
Venezuelan rebar prices high, regional shortages apparent

Europe
Unsold stocks continue to overhang market in Germany
Turkish mill cuts billet price
Salzgitter gets new section mill rolling
German steelmaker prepares for slow recovery
Turkish flat product exports down by 41% in August
Palini e Bertoli plate sales – clarification
ArcelorMittal's Bosnian works to appoint new CEO
EC approves next round of Polish shipyard auctions
Czech Republic could implement car scrapping scheme
Russia’s Metalloinvest gets state-backed credit via VTB

Asia
Chinese rebar and billet prices rebound slightly
Henan targeting 29m t of crude steel output by 2012
China auto sector continues strong output, sales growth
Indian port strike averted
Nippon Steel follows Tokyo Steel hiking H-beam prices
Japanese mills, Korean rollers brace for tough HRC talks
Vietnam's consumption of longs remains strong

North America
Deal making accusations arise in US WF beam market
Canada's ADF Group has positive outlook, bigger backlog
Walter Energy names new CEO
US steel caucus urges ITC to keep duties on plate imports
Workers end strike at ArcelorMittal Lázaro Cárdenas
Essar Steel Minnesota land buy set to close next month
USW backs investment firm's Crucible bid

Latin America
Argentina's construction industry continues slump
Argentina's flats demand improves, price hikes coming
Brazilian shipyard to process up to 160,000 t/y of steel
Another Brazilian fabricator to build new processing center
Galvalume prices rising for roof and tile processors
Startup of Thyssen/Vale's CSA in Brazil to be delayed

Middle East & Africa
Strip product prices increase in Iran
Iran raises production and exports

Scrap & Raw Materials
Capesize freight rates regress on weaker ore demand
Gindalbie-Angang iron ore project finally ready to start
Australian iron ore shipments to China fell in August
Japanese scrap prices dip in Kanto Tetsugen auction
China pig iron prices weaken on slow demand, overcapacity
Korean domestic scrap prices to fall in Sept

Stainless steel & Ferro-alloys
Ferro-silicon price rises on limited stocks in Rotterdam
South Africa's ASA Metals doubles ferro-chrome capacity
Chinese FeMn, SiMn export offer prices rise
Chinese EMM export prices return to downtrend

Tubes & Pipes
Oil and gas prices offer no encouragement for OCTG sales
US DOM prices continue slow rise
EU ends dumping case against hollow section imports
Gas pipeline project to boost steel consumption in Turkey
Liaocheng to commission more seamless pipe capacity
[verwijderd]
0
Preview of Today's Top Article
MMK sees output returning to full capacity
Russia's Magnitogorsk Iron & Steel (MMK) expects its output to grow by 35% in the third quarter of this year from 2.2m tonnes in the second quarter. Capacity utilisation of rolled steel in Q3 should reach 94% of its Q3 2008 levels, with a 100% capacity utilization rate in September, the company says in a results statement sent to Steel Business Briefing.

In Q3 domestic shipments are expected to rise by over 30% from the April-June quarter. Q2 09 saw MMK's domestic sales rising to 55% in volume and 64% in monetary terms, with 30% of it being higher added value products, as compared to 21% in Q1, MMK says.
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TODAY'S TOP SBB HEADLINES
N. European coil prices may stop rising on threat from China
International steel trade returning to pre-crisis levels
Indian scrap importers duped by empty containers
Bearish HRC importers stay out of SE Asian market
Global demand expectations rising slowly - The Steel Index
Confidence returns in many places...except China - WSR

Europe
MMK sees output returning to full capacity
Erdemir surprises market with $30/t price rise
Corus to restart idled blast furnace next month
Union rejects Max Aicher's changes to working hours
CIS slab prices soften, outlook remains positive
Italy expects steady fourth quarter for flat products
Celsa’s GSW to raise rod prices by up to 20%
Turkish billet exports down as Saudi buying slows
Saarstahl plays down talk of raising output
Swedish tool steel producer returns to full capacity
Salzgitter’s new section mill - correction
ISSB appoints Richard White, ex-Corus, as CEO
Asia
Pakistan starts AD investigation against HRC imports
Posco, Krakatau Steel in talks on new hot strip mill project
China's Wugang follows Baosteel and cuts October prices
Hope for steel demand as China real estate sector improves
Taiwan's Yieh Hsing restarts idled bar/rod mill
China Steel delays blast furnace reline on stronger demand
Korean slab imports surge in August, Q4 prices rise
China to watch for bogus "old" capacity replacement

North America
TK defends foreign trade zone application in rare hearing
Some US mills opposing US-Korea trade agreement
Mexican output, consumption could be lowest since 1995
Mexico launches AD investigation on Chinese pipe imports

Latin America
São Luis port to receive 40,000 t of rails through December
Brazilian coil exports frozen; prices in $620-700 range

Middle East & Africa
Egyptian strip market quiet; low-priced offers from China
Some longs prices rise in UAE due low availability
Iran semis producer raises output by 16% so far this year
New slab plant nears start-up in Iran

Scrap & Raw Materials
USS Clairton coke works online as investigation continues
Southern European scrap prices increase in September
Turkish mills may book some shredded scrap soon
China's met coal demand to remain strong in 2009
'No hope' for a coke export tax cut by China this year
BHP Billiton inks iron ore deal with Hyundai Steel
China ferro-chrome import market at standstill
Moisture content probed in Indian ore carrier sinking
Chile's iron ore output falls 50% in July

Stainless steel & Ferro-alloys
NA producer announces October stainless surcharges
Ferro-titanium price remaining firm in Europe
F.E. Mottram no longer selling FeTi on spot market
Daido Steel lifts stainless bar prices
Indonesia’s Antam to restart FeNi smelter next week

Tubes & Pipes
Increasing HRC costs leave Turkish pipe prices unchanged
China eyes new OCTG markets after US penalises imports
[verwijderd]
0
Preview of Today's Top Article
ThyssenKrupp names new divisional directors
Under ThyssenKrupp Group’s new set-up, two further directors have been named to lead the new Materials division alongside its head Edwin Eichler.

Materials will encompass all steel making and distribution activities formerly coming under TK Steel, TK Stainless and TK Services, as previously reported. While the new Technologies division will take in the group’s mechanical and electrical engineering activities.
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TODAY'S TOP SBB HEADLINES
Chinese exports rise in August; buyers now await price fall
ArcelorMittal restarting another US blast furnace
Billet prices soften in SE Asia despite price stickiness
Brazil: flats increases find barriers among consumers
Obama surprises global players with move against China

Europe
Groundbreaking gets closer for Posco’s Turkish plant
Carsid slab plant remains idle, investments continue
Turkish alloy steel maker may resume production soon
UK strip market sentiment is increasingly nervous
Turkish strip buyers turn to imports after latest price rise
UK private equity fund aims to restart Croatian rebar mill
Turkish floods may depress rebar demand in short term
Turkish rod exports up by 10% on Far East buying
Swiss Steel’s melt shop is back in operation
Turkish auto production rises despite drop in sales
ThyssenKrupp names new divisional directors
Rebar and beam prices increase in northern Italy
Zlomrex's sales down sharply in Q2, outlook uncertain
ArcelorMittal denies violating corporate governance

Asia
Hyundai’s Dangjin expansion looms large for its neighbours
Korean H-beam demand weakens again
Maintenance work at China's mills won't lower production
Korean heavy plate demand climbs, stock levels drop
Indian output dips in August, consumption rises

North America
Allegheny's GO silicon steel surcharge moves up slightly
US steel caucus urged Obama to enforce 421 trade remedy
Essar Algoma's lenders relax conditions of credit facility
US high-speed train project gets $28m federal grant
SDI says third quarter earnings to be better than expected

Latin America
Colombian construction prices fall again, but at lower rate
Chile sees upward trend for longs; flats prices steady
Colombian iron and steel imports decline again in July
Venezuela's auto industry still depressed
Weakening demand in Angola hits Brazil's rebar exports

Middle East & Africa
ArcelorMittal closes rolling mill in Mozambique

Scrap & Raw Materials
Steel market rebound boosting Cliffs' output estimates
Indian metallics demand stable, domestic prices rise
Vale moves closer to acquisition of Corumbá iron ore mine
Italian merchants see good scrap demand this month
SBB Special Report: Pilbara ore juniors set to consolidate
Iron ore price turned upward at end of week: The Steel Index
US ITC affirms injury in China, Mexico refractory case
Iron ore imports into China dropped 14.5% in August
Nippon Steel takes more US spot coking coal
Oakajee Port and Rail chief exec steps down

Stainless steel & Ferro-alloys
Asian stainless prices succumb to weak demand
South African FeCr producer Hernic returns to full capacity
Brazil's ArcelorMittal Inox increases output, exports
Chinese stainless mills plan output cuts, Taiwan no cuts

Tubes & Pipes
China’s seamless pipe steady, buyers cautious
Scrapping anti-dumping case not to affect Turkish pipemakers
China's Jiuli commissions stainless welded pipe plant
[verwijderd]
0
Preview of Today's Top Article
Less than expected activity in Europe for ferro-vanadium
There has been little European buying in ferro-vanadium in the past week, and the start of September has not seen the activity that had been anticipated, a UK based trader tells Steel Business Briefing.

The trader says he had a couple of “inquiries last week, but nothing was done though.” FeV is currently around $32-33/kilogram, (€21-22/kg) up slightly from $28-30/kg at the beginning of August.
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TODAY'S TOP SBB HEADLINES
Corus plans £30-50/t price increase for strip products
Most coil reference prices rising strongly: The Steel Index
Tokyo Steel keeps selling prices unchanged for October
European engineering steel prices rise on higher demand
Brazilian pig iron exports up in August; prices unstable
Nucor ups October plate transaction prices $40/s.ton

Europe
Turkish merchant bar exports slow, offer prices drop
Italian flat output down 45% in January-July
BE Group appoints new head of Swedish operations
New car sales in CEE fall for second consecutive month
Turkish sections exports jump by 28% in August
Mechel starts up new reinforcing wire line

Asia
Pakistan traders seek removal of tinplate dumping duty
India begins search for new Sail chairman
Sail relaxed about equipment delays from Chinese suppliers
Chinese rebar prices soften, though sales improve
Traders seek compensation as inventories soar in China
Angang-Pagang consolidation in progress
Water shortage could jeopardise Indian expansion plan
Angang cuts October prices, traders want more

North America
US exports flatten out in July
US steel production gains hit three-month mark
Obama decision on China tariffs welcomed by US mills
WF beam prices to be unchanged in October
Nucor's rebar, merchant bar prices sideways for October
US rebar exports to Jamaica jump to nearly 12,000 t in July
US rig numbers fall, Canada continues slow climb
Commerce exec predicts 'slow slog uphill' for US economy
Mexico's Viga Trefilados to be sold or dismantled
Official: cap-and-trade a low blow to reeling US economy
Mexico's construction industry continues to fall

Latin America
Peru's construction industry to climb 5% in 2009
Ternium expects better Q3 results, capacity usage
Votorantim to freeze rebar prices despite upward trend
ArcelorMittal Brasil announces new CEO

Middle East & Africa
Emirates Steel signs deal to make sections in 2011
IFM thinks higher FeCr prices are sustainable
AMSA settles dispute over excessive prices

Scrap & Raw Materials
Iron ore shipments on US Great Lakes very low in August
Brazilian stock exchange adopts LME nonferrous prices
Turkish importers book ten scrap cargoes at lower prices
Siberian company plans to build ironmaking plant
CIS pig iron export prices weaken, as China is 'dead'
Asia's scrap import market sees lower-priced offers
India's NMDC looks for iron ore mines in Australia
N. European scrap prices up again, but could be slowing
China's coke exports fell in August
UK scrap prices firm on improved demand
CSA secures first trial orders for merchant pig iron
Fortescue settles contract dispute with another shipper
Angang books more iron ore shipping capacity
Scrap imports hit record high at China's Zhenjiang port
Korean mills cut scrap buying prices
Brazil's HMS 1 & 2 prices still on the rise

Stainless steel & Ferro-alloys
Stainless exports rise as US dollar softens
Less than expected activity in Europe for ferro-vanadium
ThyssenKrupp may sell Shanghai stainless works
NSSC lifts domestic stainless prices for September
Brazilian stainless bar/rod prices up

Tubes & Pipes
NA pipe producer gets $12m contract
ArcelorMittal aims to complete Saudi seamless mill in 2011
Hollow section prices make UK market nervous
China’s pipe production rose 17% in August
China's Youcheng doubles pipe galvanising capacity
[verwijderd]
0
Preview of Today's Top Article
Molybdenum price continues to decline in Europe
The European molybdenum price continued to decline this week to around $14.75/pound (€10.11/lb) after rallying in mid-August to $17/lb. “Three weeks ago people were quite bullish about moly”, which now appears to have been “overly optimistic” a trader tells Steel Business Briefing.

He says the market may also be “nervous” about the upcoming introduction of a moly contract on the London Metal Exchange in February 2010. This is seen as likely to bring a greater degree of transparency to the market and it could be affecting buying patterns.
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TODAY'S TOP SBB HEADLINES
ArcelorMittal targets €450/t for HRC in Northern Europe
US plate and European rebar firmer, reports The Steel Index
Korean domestic HRC prices generally stable
Leading indicators point to broad economic recovery
Your new-look, improved Steel Business Briefing
Opportunities for US carbon market mostly long term
Brazil's Usiminas investing in value-added plate production

Europe
Corus seen likely to succeed with plate price rises
GMH cuts output and jobs at special sections plant
German plate stocks fall, but normal level some way off
Italian flat import licences slump overall in August
Turkish flats market slow as Ramadan holiday looms
Steel users in Germany look to cooperate on purchasing
ArcelorMittal Poland continues investments, focuses on costs

Asia
China files WTO complaint over US tire tariffs
Indian forgings firms fight higher prices
Few sales in Chinese plate market
Tianjin Metallurgy subsidiary starts cord production
China’s tinplate prices steady after last month's dip
China CRC output rose in August, prices remain stable
Rebar output remains at high level in China
Anshan Steel cuts HRC export prices to Japan
Japanese shipbuilders win plate price cuts
Dragon Steel No.2 blast furnace to start up in mid-2010

North America
Wire rod price hikes softened with $25 moves in US market
Barzel files for bankruptcy protection in US, Canada courts
Nucor sees market share opportunity in down cycle
Nucor's expected Q3 loss tied to costly pig iron stocks

Latin America
Amidst rumors, Gerdau denies Brazilian longs price hikes
Argentina's crude steel output increases
Peruvian rebar export prices continue to be flat
Output, trade stats suggest higher demand in El Salvador
ArcelorMittal Brasil suspends silicon steel expansion plan
Drawing quality wire rod prices steady in Brazil

Middle East & Africa
South African wire makers face prosecution on cartel charges
Saudi group approves acquisition of Jordan steel firm
Turkish rebar exporters see Middle East demand rising
Longs prices increase in Iran on rumours of new import duty
Iran sees increase in billet and rebar imports

Scrap & Raw Materials
Brazil's MMX advances with ore projects in Minas Gerais
Peru's Minera Mapsa to explore iron ore resources
LKAB settles fines price for European customers
India's Orissa plans pellet plant and DRI expansion
Taiyuan Steel the latest to seek a stake in Australian ore
China ore output restarts, but imports may fall: Macquarie
Indian merger set for completion by December
Tokyo Steel lifts scrap prices
Chinese domestic iron ore prices continue to fall
Iranian iron ore production rises
SMM to proceed with Taganito nickel smelting project

Stainless steel & Ferro-alloys
Major US stainless producer may raise prices in Q4
Molybdenum price continues to decline in Europe
Turkish stainless sheet imports recovered in July
Stainless coil prices decreasing on low demand in Turkey
Chinese stainless prices sink lower
Yusco cuts 300-series stainless export prices by $150/t

Tubes & Pipes
US says no 'critical circumstances' in China pipe case
Russia close to putting import duty on stainless pipe
Tianjin Pipe selling line pipes to Africa
[verwijderd]
0
Preview of Today's Top Article
Eurofer monitors Chinese HRC imports for possible AD case
European steel producers association Eurofer is monitoring China’s export activity into Europe on strip products, especially hot rolled coil, it tells Steel Business Briefing.

“There are some indications that the Chinese are coming back on the EU market, in particular, with HRC. We are monitoring this now very closely before we draw our conclusions and look at anti-dumping measures,” a spokesman for Eurofer tells SBB.
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Eurofer monitors Chinese HRC imports for possible AD case

EU plate markets see varying pick-up

Lower expectations on prices and demand - The Steel Index

Japanese H-beam prices firming, export values steady $

Russian coils prices weaker, but 'market is still alive' $

Emerging markets to drive 3-5% post-crisis growth: Mittal

Brazil's regional markets see surging scrap prices $

US mills launch trade case against Chinese seamless pipe

Your improved, new-look Steel Business Briefing


Europe

Flat Products

German tinplate users group choose new president

N. European strip market stable but import fears grow $

Potential Chinese imports may unbalance European market

Long Products

Spanish rebar exports surge in H1, overall exports fall

Italian sections see upturn in real demand $

Rebar prices in Poland stabilise after weeks of increases $

Billington sees fall in UK sections consumption in 2009/2010

Tubes & Pipes

Turkish pipe exports fall on slow EU demand

Stainless & Speciality Steels

Outokumpu appoints new boss of Tornio steelworks

Raw Materials & Scrap

Ore benchmark 'to survive,' despite this year's problems $

GFI Group opens iron ore trading desk in London $

LCH.Clearnet plans forward prices for iron ore

Corporate & Industry

Car sales for July-August improve in Europe


CIS

Flat Products

NLMK resumes transformer steel production at Lipetsk


North America

Long Products

Higher steel input costs help push up US construction index

Tubes & Pipes

Techint continuing LatAm investments, especially in Mexico $

Line pipe, OCTG price rising as inventories shrink $

Raw Materials & Scrap

Palladon eyes entry into DRI, pig iron and nugget output

Corporate & Industry

Economist: US construction spending could rise in 2010

Fed economist: US housing market could be ready for boom

Former US senator: stimulus disappointing for steel

Shipments up, stocks fall at N. American service centers


South America

Flat Products

Brazil: new shipyards to increase plate consumption

Long Products

SBB Special Report: Brazil's rebar prices still depressed $

Brazilian light sections prices steady $

ArcelorMittal to use 100% of capacity in Brazil?

ArcelorMittal resumes plans for expanding Monlevade

Peru's round bar exports to Colombia stable; hexes drop $

Tubes & Pipes

Brazil's V&S project begins work on rolling mill

Raw Materials & Scrap

Venezuela's Sidor resumes operations at its Midrex unit


Africa

Raw Materials & Scrap

China's Wuhan wins bid for iron ore project in Madagascar


Middle East

Flat Products

UAE flat steel market slow before holiday $

Long Products

Saudi Arabian rebar prices forecast to rise $

Iraq accelerates steel investments, revives Al-Zubair

Stainless & Speciality Steels

Turkish special steelmaker plans to restart production soon


Asia

Flat Products

Japanese mill executives get suspended gaol for price fixing

Chinese ship plate export prices dip $

Pakistani steel traders oppose all anti-dumping duties $

Long Products

Chinese wire rod export prices down $

Trading ends in SHFE September longs contracts $

Tubes & Pipes

Hongling to commission a new OCTG mill

Australia resumes dumping probe into hollow sections

Seamless pipemaker's sales up 18% in H1

Stainless & Speciality Steels

Posco's Oct-Nov stainless export prices seen softening $

Tang Eng cuts domestic stainless prices by $154/t $

Raw Materials & Scrap

Singapore firm building Qingdao wharf for iron ore

Chinese offers imported pig iron to Asia $

Vale pondering Shanghai stock exchange listing

Chinese EMM export prices ease $

Chinese FeMn offer prices rise again $

Indian miner plans two iron ore beneficiation plants

Indian scrap imports in confusion over new government rules

Corporate & Industry

Wugang set to boost production in the second half

Nippon Steel to restart idled Kimitsu furnace, crank output
[verwijderd]
1
Preview of Today's Top Article
ArcelorMittal opts for ‘cautious’ production restarts in EU
ArcelorMittal CEO Lakshmi Mittal says that the world’s largest steelmaker is bringing back production “cautiously” and “in line with demand.”

According to presentations made by Mittal and other company executives seen by Steel Business Briefing, ArcelorMittal will restart idled plants and units progressively, principally reflecting real demand. Unit performance and cost will also be considered, as well as market position.
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Chinese mills start active export trading of hot rolled coil $

Southern European rebar prices not likely to fall, mills say $

CIS long product export prices weaken; market 'confused' $

Little movement in mainland N. European plate prices $

Chinese downturn hits semis prices - WSR $

Egyptian rebar market said quiet till October $

ArcelorMittal mulls sections/bar expansions in Brazil

After falling, US stockist inventories could rise this month


Europe

Flat Products

Polish service centre expands with new slitting line

Spanish steel imports fell dramatically in January-June

ArcelorMittal: apparent demand in Europe recovering rapidly

Turkish flat export market slow with good local demand $

Long Products

Italian mechanical engineering sees no signs of recovery

Bids underway for bankrupt Hungarian steelworks

Raw Materials & Scrap

Ore prices 'should stay high enough to spur new projects' $

Italian scrap price loses €10/t $

Turkish mills may book more scrap imports after Ramadan $

French coke producer closes after no buyer is found

Corporate & Industry

Italian steel outlook still subdued despite furnace restarts

EU imports down 43%, exports down 20%

Unions to recommend strike if Corus doesn't back down

ArcelorMittal opts for ‘cautious’ production restarts in EU


CIS

Corporate & Industry

Fitch downgrades Evraz's credit rating


North America

Long Products

ICH's greenfield bar mill on track in Mexico

Stainless & Speciality Steels

US specialty producer shooting for overseas sales in 2010

Raw Materials & Scrap

Moly producer Thompson Creek raises C$217m

USS to restart Keetac pellet facility

Corporate & Industry

Report: USTR working to keep Buy America out of future law

US House passes $2.85bn Advanced Vehicle act

Exports to US down from Russia, China, Turkey, India


South America

Flat Products

HRC processing off at Vega do Sul; recovery ongoing $

Chile's CAP forecasts a better H2 scenario

Long Products

Brazilian merchant bar maker Ciafal working at 100%

Votorantim's new mill to be commissioned Monday

Raw Materials & Scrap

Chile's iron ore mines plan to boost exports to 1m t/y


Africa

Flat Products

Egyptian local strip market quiet, and so is export $

Raw Materials & Scrap

Eurasian in talks to buy Sierra Leone iron ore project


Middle East

Long Products

UAE rebar prices move up on higher production costs $

Raw Materials & Scrap

Iran increases ferro-alloy production

Corporate & Industry

Iran arbitrator rules against steel company investor


Asia

Flat Products

Posco commissions 6th coil centre in Japan

Formosa Plastics still aiming 2012 start-up for Vietnam mill

Price battle emerging over Chinese HRC exports $

Long Products

Limited demand for Chinese rebar exports $

Baotou Steel signs up for new 2m t/y steelworks

Tubes & Pipes

Chinese welded pipe prices steady $

China’s seamless makers ponder US trade action

Stainless & Speciality Steels

Stainless firm plans Indonesia NPI, China FeNi plants

Raw Materials & Scrap

China's spot iron ore prices stable on increased buying $

Zhongyang Steel starts to stock iron ore for winter

Baotou Steel expands captive iron ore mine

JFE, SMI lift steel output via converters

Corporate & Industry

Sail plant's operations continue despite tax tussle


World

Raw Materials & Scrap

Capesize rates slide further on over-supply of vessels
03har
0
@Staalfreak,
Je plaatste in het verleden interessante leesstof. Is deze materie nog steeds beschikbaar?

03Har.
voda
1
quote:

03har schreef op 23 sep 2018 om 11:43:


@Staalfreak,
Je plaatste in het verleden interessante leesstof. Is deze materie nog steeds beschikbaar?

03Har.

Staalfreak is al jarenlang weg:
DETAILS
Lid sinds 18 mei 2004
Laatste bezoek 01 jun 2010
03har
0
quote:

voda schreef op 27 sep 2018 om 14:49:


[...]
Staalfreak is al jarenlang weg:
DETAILS
Lid sinds 18 mei 2004
Laatste bezoek 01 jun 2010



Dank Voda,

Had ik zelf eigenlijk ook kunnen zien.
Maar zolang jij ons nog van info voorziet, hebben we leesstof genoeg.

har.
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