In September, Sharq Sohar Steel Rolling Mills (Oman) will start commercial production of square billet in a new 250,000tpy meltshop, equipped with a 36t EAF, a 30t ladle-furnace and a three-strand billet conticaster. The company started cold trials at the meltshop in ...

Starting from mid-December 2008, Posco (South Korea) plans to modernize one of its four cold rolling mills (No. 2) of 1.8mtpy capacity at its ...

By mid-August, the shipment rates from the ports of Vanino and Kholmsk (north of Khabarovsk region and Sakhalin) have decreased by an average of $0.5-1/t ...

In the past week, freight rates in Baltic Sea market have gone down by another €0.5 – 1/t in the segment of river-sea vessels. The main reason for a ...

Ukrainian steelmaker Azovstal is gradually adjusting production of slabs at new continuous slab caster, launched in June this year. A source at the plant has said that in June the new machine produced some ...

Chinese government may cancel a 5% tax rebate on exports of alloyed steel products. Chinese government's attention paid to this issue has its grounds and is resulted from...

In January-June of 2008, Egyptian Ezz Steel increased production of long products 0.7%, and of flat products - 3%, compared with the same months of last year, the company said in ...

In 2013, Brazil's Vale plans to put into operation a 2.5mtpy steel plant located in Maraba, in the state of Para, Brazil. Initially, the company was ...

No changes occurred in the freight market of Caspian basin over the past week. The ratio between cargos to be shipped and the fleet, ready to ...

Jinxi Steel (Hebei province) announced on August 12 that it has acquired a 71% stake in Xinyi Iron & Steel, a 1mtpy producer of HR products located in the neighboring province Shanxi. A contract on ...

Pending new plants' prices for rebar and accumulation of stocks in traders' warehouses are affecting the sales volumes of Russian producers. Retention of plants' prices for rebar on the level of the last two months would ...

Global downward trend, a seasonal decline of market activity and the presence of Chinese material in the market has entailed the downward correction of stockists' prices for flat products in ...

In September, players in Slovak market for flat products forecast stable prices both from domestic producer U.S. Steel Kosice (an evidence of which are stable prices for September output from this mill for Poland) and from East European neighbours ...

Ukraine's Metinvest-Ukraine is decreasing domestic prices for flat products of September output from Azovstal, Yenakievo and Makeevka SW. Moreover, it has ...

In November 2008 – January 2009, China National Metal Products and Xinxing Heavy Industry plan to start construction of the India Iron & Steel Company Limited ...