Steel Times International News
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US Steel Exports slip again in July
Steel exports from USA declined in July compared to June by 7.4% according to government reporting.
18 September 2012 -
US market remains in doldrums despite Auto activity
The American Institute for International Steel (AIIS) concludes that on balance in early September, the US economy is not strong, and in general, despite some positives in the auto sector, not improving. The stubbornly high levels of unemployment clearly are a drag on growth. For steel, there is little to see in the medium term but a continuation of the stable, but weak demand.
18 September 2012 -
Latin American Steel consumption up output down
Crude steel production in Latin American reached 44.6Mt during January – August 2012, 3% less than the cumulated volume in the same period 2011. In contrast, apparent steel use in Latin America and the Caribbean was 38.5Mt in the period January-July 2012, 7% more than in the same period 2011.
17 September 2012 -
Iron Ore - What is the long run price to 2035?
At a time of great uncertainty in both the iron ore market and the wider global economy, CRU has published a new edition of its ‘Iron Ore Long Term Outlook’.
17 September 2012 -
H1 profits of Chinese majors slashed
Rapidly dropping prices on the domestic steel market so far this year have severely cut into the profit of major steel producers in the country, as was reflected in the financial statements unveiled by some of the listed mills since late August
13 September 2012 -
Steel output growing in China regardless of falling prices
China’s steel output continues to grow despite diving prices on the market
13 September 2012