Pricing power seen returning to steel producers

Pricing power seen returning to steel producers

After about two years, pricing power seems to have returned to steel companies. Now, primary steel producers are preparing to raise prices for this month. On Wednesday, NMDC announced a rise of Rs 250-300 a tonne in domestic iron ore prices. “Taking the total domestic demand-supply environment into ...

Read More »

High-strength steel: Strong enough for car crashes, light enough for fuel efficiency

High-strength steel: Strong enough for car crashes, light enough for fuel efficiency

Automakers face two major challenges when they build vehicles. Cars must be strong enough to protect occupants in a crash, but they must also be as lightweight as possible to meet stringent fuel-economy standards. One product that addresses both issues ...

Read More »

Great Lakes steel production hits highest level in six months

Raw steel production in the country’s Great Lakes region hit a new high for the year after reaching 693,000 tons last week. Overall U.S. output rose by 1 percent in the week that ended Saturday, according to an American Iron ...

Read More »

Austenitic stainless steel price hikes driven by higher nickel costs

The upward trend in nickel values, which has been in place since the beginning of 2014, has contributed to a substantial increase in stainless steel prices in May. Following the very rapid rise in nickel figures during the past month, ...

Read More »

Plentiful supply keeps EU steel prices in check

Trading volumes of flat products have been slow since Meps’ April research due to a number of Easter and Labour Day holidays in Western Europe. Only minor price changes have been noted. However, overcapacity, negative sentiment and increasing third country ...

Read More »

Steel price hine in U.S. heightens import threat from China

US flat product producers have successfully implemented at least a proportion of their latest round of proposed increases. However, the upward movements now appear to have stalled. Local supply is slowly returning to normal and the recent hikes, together with expanding ...

Read More »

Zhejiang Yaang Pipe Industry Co., Limited, Manufactuer of super duplex stainless steel flanges, Stainless Steel Pipe Fittings, Stainless Steel Pipe

  Established in 2008, Zhejiang Yaang Pipe Industry Co., Limited is a professional organizer and one–stop–shop supplier for special steel, duplex steel, duplex stainless steel flanges, super duplex stainless steel flanges, stainless steel flanges, Stainless Steel Pipes, stainless steel elbow, tee, reducer, flanges, stainless steel gaskets, pipe fittings, steel pipesand tubes, Fasteners, Valves, Sanitary Services etc. in China. We ...

Read More »

China steel output continues to rise, prices fall

BEIJING, June 2 (Xinhua) — China steel output continues to rise and prices of steel products including super duplex stainless steel flanges, Stainless Steel Flanges, Stainless Steel Pipe Fittings, Stainless Steel Pipe have kept falling, underlining difficulties to ease overcapacity in the ...

Read More »

Saudi Arabia Steel Industry Outlook 2018

Saudi Arabia’s steel demand has made the country one of the largest consumer in the GCC region. The country also accounts for significant number of construction activities in the Middle-East region. Over the past decade, steel consumption in the kingdom ...

Read More »

U.S. Steel will idle McKeesport plant

NEW YORK —U.S. Steel said Monday that it will stop work at two tubular steel manufacturing facilities, and said it filed a complaint about unfair competition from foreign companies. The company said it will idle facilities indefinitely in McKeesport, Pennsylvania, ...

Read More »
Scroll To Top