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Russia Metalloinvest’s iron ore production rises in 2015

Russia iron ore hot briquette iron (HBI) producer Metalloinvest company has announced in the 4th quarter of 2015, Metalloinvest’s iron ore production increased by 4.2% year on year to 10.09 million tons; those for iron ore shipments declined by 5.3% to 2.68 m...

Friday, February 26, 2016

China's scrap consumption falls in 2015

In 2015, China's crude steel production has declined for the first time in nearly 30 years, China’s crude steel production was 8.04 billion tons, down by 2.3% year on year; those for scrap consumption has also declined for the first time. China’s scrap consu...

Friday, February 26, 2016

llegheny Technologies Incorporated to hike its base price for stainless steel flats

Allegheny Technologies Incorporated (ATI), an American specialty metals company, has announced its stainless steel flat products increase which will takes effect with shipments on February 29th; those for its 200 series, 300 series and 430 cold rolled stainles...

Friday, February 26, 2016

China's steel market seems to recovery with reducing inventory level

China's steel market demand has expected to improve gradually this year. Now the steel market supply and demand are also improving gradually, along with the market demand continues to recovery this year. In the meantime, steel production profitability impro...

Friday, February 26, 2016

California company plans solar farms in Helderbergs

“We are a solar farm developer trying to develop rapidly in New York,” said Jeff McKay, a spokesman for Cypress Creek Renewables. The company, founded in 2014, is based in Santa Monica, California with other offices in Arizona, Missouri, New York, and North ...

Friday, February 26, 2016

Flexible Growth as Structural Reform Gains Steam

Of all the GDP growth targets of 31 provincial regions this year, nine have set "growth ranges" instead of specific numbers, according to a report carried this week by the China News Service.

Thursday, February 25, 2016

Japan stainless steel exports up in December m-o-m

According to Japan's Ministry of Finance data showed in December 2015, Japan stainless steel exports were 83,654 tons, an increase of 22.4% month on month to 68,364 tons. The average export prices are at US$3144/ton, down by 17.6% month on month. Among the...

Thursday, February 25, 2016

Global steel production falls by 7.1% in January 2016 y-o-y

It is reported that global steel production has dropped by 7.1% to 128 million tons in January 2016, compared to the same period of last year. This was the highest single month dropping rate in recent years. Among the, India’s steel production has also dro...

Thursday, February 25, 2016
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