IMMEDIATE ACTION TO UNITE AND ADVANCE BRAVELY
—— News information ——
US reported: As per the statistics released by the American Iron and Steel Institute (AISI), the raw steel production by the country continued to rise during the week ended June 13th, 2015. The production had registered marginal increase during the week prior to this.
Details>>It's been reported: Global steel price rose during May for the first time in twelve months, said MEPS International in a snippet.
Details>>Australia’s Arrium Mining & Materials continues to look at possible divestments from its steel business as it seeks to reduce debt and concentrate on core operations.
Details>>Vallourec & Sumitomo Tubos do Brasil (VSB) has confirmed that it will start a temporary layoff programme at its 600,000-tpy unit in the country’s south-eastern Minas Gerais state on current market conditions.
Details>>It is reported: Chinese prices of steel used mostly to build homes and offices fell to a 12-year low as peak construction season begins to ebb in the world’s biggest consumer.
Details>>According to LONDON report: Flat product basis numbers are generally unchanged in western Europe, although MEPS can detect a little negative pressure in certain countries. Activity is picking up, albeit slowly, as the economic climate improves. Some steelmakers have decent order books. However, their raw material costs remain low, providing them with limited backing to lift selling prices. Many third country producers continue to reduce flat product prices. Buyers, in general, are beginning to s
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