Russia based mining and steel company Mechel announced that its crude steel output totaled 2.12 million tonnes in the first half, falling by 17% from the same quarter a year ago. Meanwhile, its output of pig iron was at 1.9 ...

It is reported that market participant said that stipulated by the high price of scrap and billet, Turkish export prices of rebar continued to increase while the domestic price kept flat. The demand from Dubai and Egyptian market turned better ...

Market heavyweight Industries Qatar, a holding company for petrochemicals, fertiliser and steel businesses has reported a 37% plunge in net profit to QAR 2.8 billion in the H1 of this year with earnings primarily impacted by shut downs and tightened ...

Reuters reported that just how serious is China about cutting or limiting coal consumption? That’s something that global coal miners, traders and environmentalists would love to know, but the likelihood is that it is the wrong question. Hardly a week ...

Reuters reported that in November, Ukrainian Trade Guild Consulting fielded calls from retailers including Abercrombie & Fitch and Japan’s Uniqlo about leasing space before this year’s opening of the country’s biggest shopping mall. Now, as deadly battles rage in the ...

Ahram reported that Egypt’s steel producers raised the monthly rebar prices in the domestic market by 4.2% in August. Mr Mohamed Hanafi director of the Metallurgical Industries Chamber said that retail prices of locally produced steel rebars have jumped to ...

Kobe Steel Limited and China’s Angang Steel Company Limited, a leading subsidiary of Anshan Iron & Steel Group Complex, established JV called Kobelco Angang Auto Steel Company Limited in China on August 1 to produce and sell advanced cold rolled ...

UC Rusal is considering selling about USD 1 billion worth of non core assets, including its foil business in Russia. BCS financial group analysts said that other assets that could be sold include stakes in the Alscon aluminium smelter in ...

Indonesia has no plans to wind back a seven month old ban on exports of unprocessed nickel ore and bauxite that has led to billions of dollars in planned investments in smelters. Indonesia previously the world’s top exporter of nickel ...

According to the statistics, Japan exported 1.017 million tonnes of HRC of in June up by 10.4% and 4.6% on last June and this May respectively. The average export price of HRC in June stood at USD 576.8 per tonne ...