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Brazil is optimistic about China iron ore consumer market

Posted on October 28 2013 by loveboa

Carajas project annual output of 109 million tons at present, it is the world's largest iron ore project, which is expected to reach full capacity of production in 2018 and reach 230 million tons. Exploitation of their planning period is 40 years, extraction...

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Russian metallurgical industry development status

Posted on October 25 2013 by loveboa

Metallurgical industry is the basic sector of Russian industry. In 2011, the Russian metallurgical industry employment was nearly 1.3 million, 80% of enterprises are belonged to urban construction fields. Look from the production, metallurgical industry...

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Why China's steel exports in September create new low

Posted on October 24 2013 by loveboa

China's steel exports in August created a new high in nearly three years, in September suffered a dump, total exports fell sharply. EU and emerging economies export situation of uncertainty and accelerate the appreciation of the RMB is the main reason...

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Choice between scrap and iron ore: Environmental protection become key factor

Posted on October 23 2013 by loveboa

In the current vigorously promote energy conservation and recycling economic situation, increase scrap application level is imperative, however, for requiring high-yielding of domestic enterprises, this is also greater difficulties. Therefore, to change...

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Russia Severstal Group quit India steel project

Posted on October 22 2013 by loveboa

Russian steelmaker Severstal has announced it quitted from the Indian joint venture plant project, which result to the future direction of the project is unknown. Severstal Group is already the third foreign-funded enterprises quit India steel construction...

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Hyundai Steel plans merger with Hysco to reduce costs and enhance competitiveness

Posted on October 21 2013 by loveboa

South Korea's second-largest steel manufacturer Hyundai Steel has said, they were planning merger with Hyundai Hysco to take over the latter's core rolled and coated sheets business, which intended to reduce financial costs and improve profitability....

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August Japan export 3.727 million tons of steel, increased 2.4% qoq

Posted on October 17 2013 by loveboa

Japan Iron and Steel Federation (JISF) released the latest data show, August 2013, Japan's steel export 3,727,000 tons, exports is 3.547 billion dollars, about 349.3 billion yen. Compared to last year, steel exports increased 1.3%, exports fell 10.8%...

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Worldsteel: Global steel consumption will increase 3.1% in this year

Posted on October 16 2013 by loveboa

Recently Worldsteel released this year of global steel short-term demand prospect, expected global steel consumption increase 3.1%, reached 1.475 billion tons, 2014 will increase 3.3 %, reaching 1.523 billion tons. Hans Jurgen Kerkhoff, who is responsible...

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Analysis of Chinese steel exports to ASEAN

Posted on October 15 2013 by loveboa

ASEAN market demand for steel strong, but due to the local iron and steel industry is weak, the ASEAN countries mainly rely on imports to meet demand of steel. 2012, ASEAN surpass South Korea to become China's largest steel exporter. 2013 January-July...

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Chinese iron ore imports continue to rise, Korea and Japan lack of resources

Posted on October 14 2013 by loveboa

World iron ore trade formed by Australia, Brazil, India to China, Japan, the EU etc. countries and regions of transportation pattern. Japan, South Korea, Britain, Italy etc. major steel producing countries completely depend on imports of iron ore; China...

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