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H-beam export prices drop sharply; competition intensifies among Asian countries

The Japanese mills which enjoyed the monopoly of large H-beam exports are reportedly facing stiff competition from Korean and Taiwanese mills. The export prices in June for these products were $800 CFR. However, the launch of these products by Taiwanese ...

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Brazil’s Vale plans to double iron ore exports to China in 5 years

Brazilian mining company Vale SA plans to double its iron ore exports to China within five years, Jose Carlos Martins, the company’s head of ferrous metals, told reporters on Thursday. Rio de Janeiro-based Vale is the largest producer and exporter of iron ...

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KOSA:Rising thick steel plate imports from China harms domestic industry

According to Korean Iron and Steel Association (KOSA), the rapid rise in imports of thick steel plates from China has damaged the already suffering domestic steel makers in the country. The imports from China accounted for over 60% of the ...

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Japan’s stainless steel exports up 12% in March ’14, says MoF dat

Japan’s stainless steel exports up 12% in March ’14, says MoF dat

According to latest data released by the Japanese Ministry of Finance (MoF), the country’s stainless steel exports increased during the month of March this year. Japan’s total stainless steel exports during the month amounted to 104,957 tons, up 11.6% from ...

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