US Steel Body Sees Imports Surging in 2013

Reuters reported that steel imports into the United States are expected to grow for the fourth year running in 2013 to the detriment of US steel producers a US steel trade association said this week.

Medium Heavy Plate Prices to Hike in South Europe

Welcome to Attend 9th Steel Development Strategy Conference The prices of carbon steel medium-heavy plate in South Europe keep surging gradually by local mills owing to booming global steel market. So far, the ex-work price in Italy is around USD 690 per tonne. The price of imported slab in Europe also hikes by USD 20 per tonne to about USD 530 per tonne FOB Black Sea at present. However, it is expected that the prices in South Europe would be revised by high stocks of medium-heavy plates pile

Eager for ethanol

Tangshan Iron and Steel Group Co, or Tangsteel, signed a cooperation framework agreement on Thursday with the US industrial service company Harsco Corp to produce ethanol from converted coal gas, the latest effort by Chinese steel mills to reduce carbon emissions while boosting earnings.

Overcapacity troubled economy, reform been needed

TOPENSEA FOCUS ON New markets buy big at trade fair

TOPENSEA FOCUS ON: Buyers from emerging markets are stepping forward to pick up the slack as orders from developed nations slow.

TOPENSEA FOCUS ON JSW Steel

TOPENSEA FOCUS ON: JSW Steel has put on hold plans to set up a 10 million tonnes steel plant in West Bengal as it has not been able to secure long-term iron ore supplies for the Rs 35,000 crore project.