Xinhua | Updated: 2016-12-01 16:20 DALIAN – A bankruptcy creditor meeting for Dongbei Special Steel was held Thursday as the company’s restructuring process proceeds smoothly. The State-owned steelmaker, headquartered in Dalian in Northeast China’s Liaoning province, has defaulted on corporate debts nine consecutive times, with debts of
Read more →NOV 30, 2016 | WSN ADMIN | NO COMMENT | STAINLESS STEEL PRICES Stainless steel transaction values climbed significantly, in November. MEPS All Products Average figure for grade 304 increased by 3.5 percent, month-on-month. The rise was predominantly due to the mills passing on to their customers
Read more →Average transaction prices, measured in US dollars, increased in November for all eight finished steel product types published by MEPS. This occurred despite lacklustre demand in many of the countries researched. An upturn in the cost of raw materials was the main driver behind these advances. Brazilian
Read more →Thank you all for giving our company full support in 2015. The Spring Festival of 2016 is approaching, all the staff of Hunan Fushun Metal Co., Ltd. wish you a happy Spring Festival and good luck in the year of the Monkey! In order to celebrate the
Read more →Jan 14, 2016 07:04 GMT Source:metalminer Tags: steel, steel demand January 13, 2016 So what country will be the one bright spot in the global steel market this year? It’s no secret that for the last four years the global steel sector has been floundering and it’s been tough
Read more →November 19, 2015 01:51:14 AM SAO PAULO (Scrap Monster): The Brazilian Finance Minister Joaquim Levy stated that the country intends to raise import tariffs on steel goods. The move is aimed at protecting the local steel industry in the country. However, the minister declined to disclose the
Read more →By Anil Mathews (ScrapMonster Author) November 16, 2015 02:29:42 AM BEIJING (Scrap Monster): The latest import statistics indicate that the scrap steel imports by Thailand during September this year dropped considerably over the previous month. Also, the scrap steel imports witnessed sharp steel decline when compared with
Read more →CHINA November 14 2015 9:03 AM NEW YORK (Scrap Register): A report released today concludes that treating China as a market economy in antidumping investigations would “severely damage the NAFTA steel industries and NAFTA economies.” The study, comprised of three economic analyses, was conducted by leading economists
Read more →By Paul Ploumis (Scrap Monster Author) October 12, 2015 05:50:31 AM SAO PAULO (Scrap Monster): The Latin American countries imported 5.7 million tons of structural steel from China during the initial eight-month period of the year. The steel shipments from China were up by 5% during this
Read more →UNITED KINGDOM October 07 2015 3:25 PM LONDON (Scrap Register): The Southern European hot rolled coil (HRC) steel prices stayed flat week-on-week at €332 per ton ex-works in the week ended September 25, as per the latest figures from the Steel Index. According to TSI, European Hot
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