Prediction

Japan's mill keep stopping offer to Taiwan

Since Global pig iron prices surged recently and Chinese HRC, CRC prices also have increased sharply. Meanwhile, Asian carbon steel market has improved. At present, Taiwan's export prices rise by USD20-40/mt and South Korea's export prices are higher than T...

Friday, March 18, 2016

China’s Shagang to hike HRC, medium plate prices for March

China’s steelmaker Jiangsu Shagang Group has announced its price list in the domestic market for March. The company decided to hike its prices for HRC by RMB150/ton. After the adjustment, its prices for Q235 HRC with thickness of 5.5mm are at RMB2,280/ton. Th...

Friday, March 18, 2016

United States steel company layoffs to reduce costs at its Slovakia steel plant

It is reported that United States steel company has announced the layoffs to reduce costs which was located in Slovakia Kosice State steel mill. The company will provide financial compensation to encourage employees to leave, in order to reduce costs. Up to...

Friday, March 18, 2016

Taiwanese rebar mills purchase local scrap instead of oversae sources

It is reported that the US container scrap prices keep going up this week. It reached to USD190-195/MT CFR which was USD10-15/MT higher than last week. Some even offered at USD200/MT and Japan's scrap offered at USD200-210/MT. Taiwan's mills are difficult ...

Friday, March 18, 2016

Turkey plans to levy anti-dumping duty on Chinese impost of prepainted steel sheet

According to Turkey Ministry of Economy has determined to impose 30.015 of anti-dumping tax on Chinese pre-painted steel sheet, waiting for the final determination of the Fair Play Committee. In July last year, Russia steel Turkey branch has sent the petiti...

Friday, March 18, 2016

Canada to start anti-dumping and countervailing investigations on Chinese stainless steel sink imports

On March 1, 2016, the Canada border services agency has started anti-dumping and countervailing investigations on imports of stainless steel sink from China. The product customs codes are involved 7324.10.00.11, 7324.10.00.19, 7324.10.00.21 and 7324.10 00.2...

Friday, March 18, 2016

The Spot Price of Mn Ore Obviously Rise as the Result of Short Supply

[www.ferro-alloys.com] According to the statistics of www.ferro-alloys.com, there is no spot supply of Malaysian manganese ore, and the spot price of Mn>30%Fe10% is about RMB24/mtu in Tianjin Port. The mainstream spot price of manganese ore is RMB26-28/mtu in ...

Friday, March 18, 2016

Asia Ferrosilicon Spot Offers Dip in China, Rise in Japan

[Ferro-Alloys.com]Spot offers of 75% Si ferrosilicon in Asia remained mixed this week with Chinese export indications dipping while Japanese import offers rose, reversing the fall seen previously, industry sources said Thursday.

Friday, March 18, 2016
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