Ferrosilicon Daily Express 11.12

  • Wednesday, November 13, 2019
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]Steel product consumption in Turkey declined 25.8% to 18.9 million tonnes in the first nine months of the year.
[Ferro-Alloys.com China's top environmental watchdog has rolled out a more specific and ambitious plan to phase out or transform major emitters of airborne pollutants in the Beijing-Tianjin-Hebei province cluster this heating-supply season, following the worsening of air pollution during an unusually warm year.
 
ArcelorMittal, the world’s leading integrated steel and mining company, last Thursday announced results for the three-month and nine-month periods ended September 30, 2019.
 
Leading US metals service center Olympic Steel Inc announced financial results for the three months ended September 30, 2019. Third-quarter 2019 net sales of USD 384 million were 16% lower compared with USD 457 million in the third quarter of 2018. Net sales were impacted by lower year-over-year shipping volumes and pricing within the carbon flat products segment. Net income was approximately USD 591 thousand in the 2019 third quarter, compared with USD 11.6 million. The specialty metals flat products segment continued to profitability grow its market share while sales in the tubular and pipe products segment outperformed the market.
 
According to data from the Turkish Steel Producers Association, steel product consumption in Turkey declined 25.8% to 18.9 million tonnes in the first nine months of the year.
 
 

  • [Editor:kangmingfei]

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