Shares of Prima Alloy Steel Universal Tbk (PRAS.JK) have recently come under renewed examination. The Relative Strength Index (RSI) is one of multiple popular technical indicators created by J. Welles Wilder. Wilder introduced RSI in his book “New Concepts in Technical Trading Systems” which was published in
Read more →The commerce ministry’s investigation arm – Directorate General of Anti-dumping and Allied Duties (DGAD) – is probing alleged dumping of ‘colour coated /prepainted flat products of alloy or non-alloy steel’ from China and the EU. The finance ministry has given more time till September 28 to the
Read more →Christopher s. Rugaber, AP Economics Writer Associated PressFebruary 15, 2017 WASHINGTON (AP) — U.S. manufacturers cranked out more steel, machinery and electronics last month as factories appear to be rebounding after two years of stagnation. Factory output rose 0.2 percent in January, its second straight increase, the
Read more →By Yang Ziman in Beijing and Sun Ruisheng in Taiyuan | China Daily | Updated: 2017-01-18 09:36 Shanxi-based Taiyuan Iron & Steel Co., Ltd, or Tisco, one of China’s major stainless steel producers, has independently developed the special steel needed to make the feedstock for ballpoint pens
Read more →Nucor CEO says Pres. Trump trade policy could change his company’s plans to build a $270M automotive steel plant in Mexico with Japan’s JFE Holdings, although he is encouraged with the new administration’s overall direction on trade and new infrastructure.
Read more →Published December 06, 2016 by Matthew Moggridge Austrian steelmaker voestalpine plans to invest EUR 40 million on a high-speed forging line at Böhler Edelstahl GmbH, a group company based in Kapfenberg. The investment will ‘give additional thrust’ to group revenue in what is regarded as a technologically
Read more →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 →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
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