http://metalexpert-group.com/web/OpenMENews.nsf/NewsAndMarketReports?ReadForm World Steel News allows you to be well-informed of the latest and most important news in the international steel and raw materials market. Our unique and reliable contacts inside the industry allow for high standards of information quality and accuracy. en-us Wed, 16 May 2012 05:17:20 +0200 Thu, 17 May 2012 06:20:31 +0200 http://blogs.law.harvard.edu/tech/rss 60 http://metalexpert-group.com/menews/282017EEB21F1742C2257A01004ACABAQ?OpenDocument&loginTurkish HRC suppliers are having hard times lately. Being sure the downward trend will persist and seeing slack demand from consuming industries, local traders refrain from purchases despite low stocks...Thu, 17 May 2012 18:20:31 +0200http://metalexpert-group.com/menews/282017EEB21F1742C2257A01004ACABAQ?OpenDocument&loginhttp://metalexpert-group.com/menews/43BA56980102EB4BC2257A01004CF8B2Q?OpenDocument&loginThe situation in Taiwan's market for long products remains tense. Having large volumes on hand, local buyers refrain from making new deals and focus on optimizing stocks amid the seasonal worsening...Thu, 17 May 2012 18:18:32 +0200http://metalexpert-group.com/menews/43BA56980102EB4BC2257A01004CF8B2Q?OpenDocument&loginhttp://metalexpert-group.com/menews/981D7D6B6B32FB94C2257A01004C3888Q?OpenDocument&loginPrices in the US pig iron market start to fall. Suppliers have made reductions in order to attract consumers, who have been staying on the sidelines from the beginning of May on sufficient stocks and weaker demand for finished products...Thu, 17 May 2012 18:05:02 +0200http://metalexpert-group.com/menews/981D7D6B6B32FB94C2257A01004C3888Q?OpenDocument&loginhttp://metalexpert-group.com/menews/BAB0C82129BC5E92C2257A010048C5CFQ?OpenDocument&loginThe North American market for coking coal has seen positive changes this week: several deals mainly with Indian buyers have been done. New bookings are attributed to irregular supply of high-quality coal from Australia...Thu, 17 May 2012 18:04:41 +0200http://metalexpert-group.com/menews/BAB0C82129BC5E92C2257A010048C5CFQ?OpenDocument&loginhttp://metalexpert-group.com/menews/DA92B12740CD5846C2257A01004001C8Q?OpenDocument&loginSlab suppliers to the countries of South East Asia continue to stay in a desperate situation. Low buying activity of re-rollers, caused by weakening of the market for flat products in the region...Thu, 17 May 2012 17:54:01 +0200http://metalexpert-group.com/menews/DA92B12740CD5846C2257A01004001C8Q?OpenDocument&loginhttp://metalexpert-group.com/menews/BCDBBA1632E5A763C2257A01004D22F5Q?OpenDocument&loginTurkish companies are actively searching for alternative suppliers of steel scrap as American ones refuse to back down, while the Europeans have left the global market due to religious holidays...Thu, 17 May 2012 17:53:35 +0200http://metalexpert-group.com/menews/BCDBBA1632E5A763C2257A01004D22F5Q?OpenDocument&loginhttp://metalexpert-group.com/menews/B36AD91313E0556CC2257A01004D6192Q?OpenDocument&loginSentiment of the Spanish flats market has expectedly remained depressed over the past three weeks. Moreover, demand from domestic traders has come to naught by mid-May in view of totally unacceptable prices for local products...Thu, 17 May 2012 17:48:50 +0200http://metalexpert-group.com/menews/B36AD91313E0556CC2257A01004D6192Q?OpenDocument&loginhttp://metalexpert-group.com/menews/C2D2DCBFD845ACC0C2257A01004D01C3Q?OpenDocument&loginChina's Shougang Group has announced a decrease in its domestic prices for most sizes of flat products as compared to May levels on weaker demand from local consumers ahead of the rainy season and softer iron ore prices...Thu, 17 May 2012 17:27:44 +0200http://metalexpert-group.com/menews/C2D2DCBFD845ACC0C2257A01004D01C3Q?OpenDocument&loginhttp://metalexpert-group.com/menews/042CD3944383C839C2257A01004A1EEAQ?OpenDocument&loginAfter staying relatively flat for quite a long period of time, export plate prices in the CIS have started to decrease. Seeing weak demand from foreign buyers, CIS plate suppliers have had to reduce their offers to most markets...Thu, 17 May 2012 17:24:06 +0200http://metalexpert-group.com/menews/042CD3944383C839C2257A01004A1EEAQ?OpenDocument&loginhttp://metalexpert-group.com/menews/BCA8A2546FFCD5A7C2257A010046D627Q?OpenDocument&loginChinese long product exporters keep cutting prices amid poor demand from abroad and the continuous rollback in quotations of finished and semi-finished products, just as market players expected. Offers of Chinese rebar have dropped to foreign customers by...Thu, 17 May 2012 17:16:37 +0200http://metalexpert-group.com/menews/BCA8A2546FFCD5A7C2257A010046D627Q?OpenDocument&loginhttp://metalexpert-group.com/menews/5420A2D4535DF655C2257A010045CB7DQ?OpenDocument&loginNo import deals are being signed in South Korean scrap market, as mills hold out for lower prices. In Taiwan, steelmakers have resumed imports of US material in view of reduced offers...Thu, 17 May 2012 16:56:50 +0200http://metalexpert-group.com/menews/5420A2D4535DF655C2257A010045CB7DQ?OpenDocument&loginhttp://metalexpert-group.com/menews/2D244181EB6CC716C2257A01004AD949Q?OpenDocument&loginRussia's OEMK will ship about 120,000 t of merchant square billet this month, by 17% up from April...Thu, 17 May 2012 16:51:32 +0200http://metalexpert-group.com/menews/2D244181EB6CC716C2257A01004AD949Q?OpenDocument&loginhttp://metalexpert-group.com/menews/264C714CD29BAC8CC2257A01004AD70FQ?OpenDocument&loginIn May, ArcelorMittal Kryvyi Rih plans to keep rebar shipments unchanged from the previous month - some 200,000-205,000 t...Thu, 17 May 2012 16:50:32 +0200http://metalexpert-group.com/menews/264C714CD29BAC8CC2257A01004AD70FQ?OpenDocument&loginhttp://metalexpert-group.com/menews/5E2EDE4223ACB26CC2257A010045FB38Q?OpenDocument&loginPolish longs producers have already sold out their May wire rod, Metal Expert learns. However, they have been unable to keep prices for finished products steady amid this month's fall in scrap quotations...Thu, 17 May 2012 16:49:00 +0200http://metalexpert-group.com/menews/5E2EDE4223ACB26CC2257A010045FB38Q?OpenDocument&loginhttp://metalexpert-group.com/menews/AC701FDDF8AB5E7CC2257A010044B711Q?OpenDocument&loginTurkish welded pipe suppliers have backed down due to weak demand in the domestic and foreign markets and continuing downward trend in the feedstock segment. While local traders replenish stocks only if there...Thu, 17 May 2012 16:39:34 +0200http://metalexpert-group.com/menews/AC701FDDF8AB5E7CC2257A010044B711Q?OpenDocument&loginhttp://metalexpert-group.com/menews/FDC927DD5BA1554DC2257A01004070F0Q?OpenDocument&loginIn December 2012, India's Vizag Steel plans to commission steelmaking complex No.2 under the capacity expansion project at Visakhapatnam Steel Plant (Andhra Pradesh). The capacity will go up from 3.3 mt to 6.3 mt during the first stage...Thu, 17 May 2012 16:24:05 +0200http://metalexpert-group.com/menews/FDC927DD5BA1554DC2257A01004070F0Q?OpenDocument&loginhttp://metalexpert-group.com/menews/DBEED04DFF4B9EB9C2257A01003C11ACQ?OpenDocument&loginCIS flats exporters are seeing their position getting increasingly shaky. European, US, Turkish and Far Eastern buyers are sholwing utterly weak demand amid decreasing domestic quotations of sheets and coils...Thu, 17 May 2012 16:17:35 +0200http://metalexpert-group.com/menews/DBEED04DFF4B9EB9C2257A01003C11ACQ?OpenDocument&loginhttp://metalexpert-group.com/menews/F2D2640F736E6A29C2257A01003B780FQ?OpenDocument&loginThe situation keeps getting worse for Japanese longs exporters on the back of poor demand in the key sales markets (incl. South Korea). As a result, suppliers have been forced to revise prices for billet and rebar downwards for the second time over the month to South Korean buyers...Thu, 17 May 2012 15:41:27 +0200http://metalexpert-group.com/menews/F2D2640F736E6A29C2257A01003B780FQ?OpenDocument&loginhttp://metalexpert-group.com/menews/F3448D64F1E48A3FC2257A01003FF727Q?OpenDocument&loginEuropean pig iron market has started drifting downwards again. Suppliers managed to lift offers thanks to buying upturn in early May, but quotations of pig iron have moved back to late April levels in the middle of the month...Thu, 17 May 2012 15:27:39 +0200http://metalexpert-group.com/menews/F3448D64F1E48A3FC2257A01003FF727Q?OpenDocument&loginhttp://metalexpert-group.com/menews/C2C746FAF8DE5BA6C2257A01003DFBCAQ?OpenDocument&loginExports of steel scrap from the USA grew to 2.15 mt in March, up 16% m-o-m...Thu, 17 May 2012 14:54:08 +0200http://metalexpert-group.com/menews/C2C746FAF8DE5BA6C2257A01003DFBCAQ?OpenDocument&loginhttp://metalexpert-group.com/menews/C1162BE555EAB657C2257A01003DD3BCQ?OpenDocument&loginBusiness activity has been slow in the Chinese iron ore market today. Exporters have sold just insufficient volumes as buyers remain rather careful making deals from time to time...Thu, 17 May 2012 14:42:41 +0200http://metalexpert-group.com/menews/C1162BE555EAB657C2257A01003DD3BCQ?OpenDocument&loginhttp://metalexpert-group.com/menews/61DA7EC89236C038C2257A0100388BACQ?OpenDocument&loginNo improvements have been observed in the Australian coking coal market by the end of the week. There is no shortage of the material as limited supply is offset by weak demand...Thu, 17 May 2012 14:36:10 +0200http://metalexpert-group.com/menews/61DA7EC89236C038C2257A0100388BACQ?OpenDocument&loginhttp://metalexpert-group.com/menews/BF8D7E30053C04A5C2257A000040376AQ?OpenDocument&loginNew World Resources (the Netherlands), with its mines and coke plants located in the Czech Republic, produced 2.4 mt of coking and thermal coal in Q1...Thu, 17 May 2012 12:05:27 +0200http://metalexpert-group.com/menews/BF8D7E30053C04A5C2257A000040376AQ?OpenDocument&loginhttp://metalexpert-group.com/menews/290A4C8A2CCDFBE1C2257A00002501ECQ?OpenDocument&loginThailand's Sahaviriya Steel Industries plans to start using PCI coal at Teesside Cast Products (UK) at the end of the year...Thu, 17 May 2012 11:34:07 +0200http://metalexpert-group.com/menews/290A4C8A2CCDFBE1C2257A00002501ECQ?OpenDocument&loginhttp://metalexpert-group.com/menews/DF4DCA1412319AA8C2257A00004925FBQ?OpenDocument&loginBuying sentiment remains weak in the Iranian segment for semi-finished products. The majority of Iranian buyers and re-sellers of the material have taken a wait-and-see approach...Thu, 17 May 2012 11:33:23 +0200http://metalexpert-group.com/menews/DF4DCA1412319AA8C2257A00004925FBQ?OpenDocument&loginhttp://metalexpert-group.com/menews/D7542069B9B6F713C2257A00004DADA7Q?OpenDocument&loginIn mid-May ferrous scrap quotations have been mostly growing in Europe. However, prices are growing due to limited availability of the material rather than rallying demand. German and French scrap collectors have lifted quotations of...Wed, 16 May 2012 18:01:27 +0200http://metalexpert-group.com/menews/D7542069B9B6F713C2257A00004DADA7Q?OpenDocument&loginhttp://metalexpert-group.com/menews/4581B7203F6781BCC2257A00004BD9D6Q?OpenDocument&loginThe situation in the Thai flats market remains rather favourable amid stable demand from end users (in particular, from car makers). However, buying is unlikely to go up further so far...Wed, 16 May 2012 17:44:15 +0200http://metalexpert-group.com/menews/4581B7203F6781BCC2257A00004BD9D6Q?OpenDocument&loginhttp://metalexpert-group.com/menews/0AF5937B2A1C9B4FC2257A00004A5F25Q?OpenDocument&loginCIS suppliers of seamless pipes still fail to raise sales to foreign markets. Export demand remains sluggish with deals being rare. According to customs statistics for March-April, Russian pipe makers curtailed exports by...Wed, 16 May 2012 17:25:53 +0200http://metalexpert-group.com/menews/0AF5937B2A1C9B4FC2257A00004A5F25Q?OpenDocument&loginhttp://metalexpert-group.com/menews/80A809E7A7756F17C2257A0000494C6BQ?OpenDocument&loginBusiness activity is slow in the US wire rod market because of poor demand from hardware producers. The upcoming holiday season is depressing demand as well...Wed, 16 May 2012 17:25:41 +0200http://metalexpert-group.com/menews/80A809E7A7756F17C2257A0000494C6BQ?OpenDocument&loginhttp://metalexpert-group.com/menews/6A6F47986CFBBD4EC2257A0000496665Q?OpenDocument&loginIndia's Bhushan Power & Steel has signed a contract with Outotec for supply of the equipment and construction of a new sintering plant...Wed, 16 May 2012 17:17:20 +0200http://metalexpert-group.com/menews/6A6F47986CFBBD4EC2257A0000496665Q?OpenDocument&login