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United States steel imports decline in Feb

According to the United States Commerce Department data released in February 2016, United States steel imports totaled 2.01 million tons, down by 40.4% year on year, fell for 11 straight months. Among them, all steel product imports fell, except for wire ro...

Thursday, March 31, 2016

US's crude steel weekly output falls slightly¡¡

For the week ended March 19th, US¡¯s domestic crude steel production was 1.675 million/short tons, the capacity utilization was 71.6%. Meanwhile, US¡¯s crude steel production output rose 4.6% year on year, and rose by 0.4% month on month. After adjustment, ...

Thursday, March 31, 2016

JFE plans to build new automobile plant with Nucor in Mexico

Mexico has become the automobile production country, will benefit such as parts, materials and other related industries into Mexico markets, but also to attract Japan JFE plans joint United States Nucor steel company to develop new automobile plant in Mexico. ...

Thursday, March 31, 2016

Japan NSSM to upgrade its Kashima factory

According to NIPPON STEEL & SUMITOMO METAL(NSSM) announced that the company planned to upgrade its Kashima factory, in order to improve product quality and cost competitiveness. The Kashima factory will be adjusted the allocation of hot-rolling production l...

Thursday, March 31, 2016

Brazil¡¯s wire export prices to US remain steady

Currently, one of Brazil main wire exporter offers wire prices are at US$500/ton FOB, the prices remain the same for three consecutive months. category sales drawing wire to wire exporters United States customers, price FOB US $ 500/Mt, the same price for t...

Thursday, March 31, 2016

Voestalpine to start new rolling production line

According to Austria steel manufacturer Voestalpine has announced officially started new roll forming operation, which located in Krems an der Donau. The company has invested more than € 5 million in new production line, strengthen its role as a global pro...

Thursday, March 31, 2016

Iron ore continues sliding

According to the Metal Bulletin data reported on March 28, the iron ore spot prices for benchmark fell 1.08% to US$55.76/ton, which is the lowest level since March 16. Chinese iron ore futures on the Dalian Commodities Exchange also slid 1.89%. Analysts a...

Thursday, March 31, 2016

Constellium wins contract from Airbus

According to Netherlands Constellium, a global producer of aluminum semi-products, has announced to signed contract with Airbus to support all of their leading aircraft programs. This agreement will be able to improve the long-term cooperation partnership b...

Thursday, March 31, 2016
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