Steel Times International News
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Eurofer reports strong outlook for 2010/2011
Eurofer’s Q4/2010 steel market outlook shows a better than expected second quarter 2010, not only with respect to economic growth but especially to activity in the steel-using sectors.
26 November 2010 -
Steel production higher than September 2008
World crude steel production for September was 112Mt - 0.9% higher than September 2009.
26 November 2010 -
Fortescue iron ore shipments fall
Miner Fortescue Metals Group reported a 9% dip in iron ore shipments in the September quarter but beat its forecast for the period.
26 November 2010 -
LME US billet application
The London Metal Exchange (LME) has received the first application to register a US brand for delivery against its steel contract, LME Steel Billet.
26 November 2010 -
Indian mills’ supply hit by iron ore curb
The Karnataka government’s recent decision to restrict issue of mineral dispatch permits to mining companies has affected the supply of iron ore to steel mills in the southern and western parts of India.
26 November 2010 -
Chinese steel consumption down
Due to low production levels and low export, apparent consumption of steel in August was 50.108Mt, down 3.9% y-o-y.
26 November 2010
