Steel Times International News
-
Eurofer objects to LME ‘Load-In Load-Out’ rule
The European steel industry, represented by Eurofer, has serious concerns about the new rules proposed in the Consultation on changes to LME Warehouses Policy.
07 October 2013 -
AIST Foundation raises $1.3M
The USA’s Association for Iron & Steel Technology has raised more than US$1.3M during the 2013 annual fund drive in support of its mission to ensure the iron and steel industry of tomorrow will have a sufficient number of qualified professionals.
07 October 2013 -
Byrd Amendment still paying US steelmakers
The controversial law, known as the Byrd Amendment, which was passed into law in October 2000 and repealed in December 2005 is still paying money to US steelmakers claiming damage from imported steel and attracting retaliation measures from overseas exporters, according to the American Institute for International Steel (AIIS).
07 October 2013 -
Structural not absolute overcapacity in China
China’s large state-owned steelmakers are struggling with thin profits and excess capacities, while the smaller, private steel mills are in much better conditions, Feng Liguo, an expert from the Chinese Academy of Social Sciences, said in an article published in Caijing Magazine.
05 October 2013 -
Lost ore exports cost India $17.5bn
Foreign exchange worth $17.5bn as well as one million jobs are estimated to have been lost as a result of bans on iron ore extraction during the three financial year periods April -March 2010-13.
04 October 2013 -
JSPL starts 2.5Mt EAF in Angul
Jindal Steel & Power Ltd commissioned an EAF in August at Angul, Odisha state with an annual capacity of 2.5Mt.
03 October 2013
