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Since 2012 September, the outside steel market into a long steel price rallies, although also appeared some concussion, but on the whole, more early September steel price bottomed valley pick up 400 yuan of above, and raw materials, imported ore market rally to near $158 began to appear concussion, steel products seamless tube pipes ,the overall low compared to last year rose above $70, raw materials or great final steel price. Cause this winter off-season instead of steel market hot reason, i
Details>>Reuters reported that two Chinese companies have concluded deal to build a rail line, a steel plant and a sea port in Cambodia worth US$11.2 billion. (steel pipe) Cambodia Iron and Steel Mining Industry Group on Monday has contracted China Railway Group to build a rail way. (steel pipe) All three projects are estimated to complete in four years. (steel pipe) Meanwhile, this deal also signifies China’s footprint into the frontier economies of a booming Southeast Asia. (steel pipe) Loans and i
Details>>The European Commission has announced that it has lowered the antidumping duty imposed on seamless steel pipe imports from Russia-based TMK, one of the world's leading oil and gas steel pipe producers.
Details>>2013 had crackling opening in China with steel leaping by 1% on the first working day. Even though it was not a surprise since the tempo had been set at the beginning of Q4 with the resounding economic pouring in. Ensuing optimism on raw material market has already kindled the biggest rally in iron ore price in an year with price ascending by over 20% within a month’s time. (steel pipe,steel bar)
Details>>It is learned that Indian major steelmakers are to enhance production capacity for another 24 million tons per year before financial year 2017-2018.
Details>>Turkey / Flat Products The Turkish market for plates stays weak after winter holidays. Local trading companies purchase the material in small lots unwilling to overstock amid low consumption. However, while foreign suppliers, who still sell January material, are keeping prices at the levels of the past fortnight, domestic ones have lifted their quotations citing more successful sales. In particular, Erdemir has raised quotations for March output of plates by $10-20/t in two weeks, to $710-720/t
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