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China​ share of global Steel output may rise if it treated as a market economy for purposes of antidumping laws

A report released today concludes that treating China as a market economy in antidumping investigations would “severely damage the NAFTA steel industries and NAFTA economies.” The study, comprised of three economic analyses, was conducted by leading economists from Capital Trade ...

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Global Steel market may reach $1.3 trillion in 2015

The world market for steel will reach $1.3 trillion in 2015, with production levels to reach 1,694.73 million tonnes whilst consumption will reach 1,545.50 million tonnes, according to a report by Visiongain. The market has been declining over the past ...

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Steel market conditions remain weak across the Nordic region

Steel market conditions have weakened across the Nordic region, according to MEPS International. Lacklustre demand and low raw material costs has led to softening hot rolled coil price. Supply is plentiful. Demand for commodity plate is steady at a moderate ...

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Iran steel market trend in week 10th – Billet

Billet market experienced a stable week with size 150 mm in import market being offered at IRR 13.55 to IRR 13.65 million per MT on truck in Anzali including 8% VAT. Domestic production for the same size in retail market ...

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EUROFER monthly steel market update: December

The latest economic surveys show that following a weakening trend in Q3 most indicators stabilised lately. Geopolitical concerns appear to have ebbed away to some extent in recent months. EUROFER foresees for 2015 continued but slow growth, although the outlook ...

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Steel Market Seen Among Worst-Affected by Russian Rate Increase

The steel market and companies with big debts such as pipemaker OAO TMK (TRMK) stand to lose the most in the Russian mining and metals industry from the central bank’s surprise rate decision. “The news is bad for everyone to some extent, ...

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Nucor’s Outperformance In A Challenging Steel Market Makes It A Good Investment

Companies in the steel market have been struggling, but Nucor (NUE) recently outpaced the challenges and came out with strong results in the third quarter. The solid growth in the earnings reveal the strong position of the company in the market.  Making ...

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Hunan Valin to enter new businesses amid steel market weakness

Hunan Valin Iron & Steel Group Company., the Chinese partner of ArcelorMittal, is seeking to enter the power and financial services businesses as demand for and prices of the alloy slump. Mr Li Jianguo, GM of the Changsha, Hunan province ...

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Chinese Boron Added Steel & Rebates: What Does it Mean?

There have been a number of articles written recently regarding the possible elimination of the rebate for boron added steels out of China. In this article, which was originally published in our Steel Market Update November 4, 2014 newsletter, we ...

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The lack of dynamism continues to characterize steel market in Latin America

The lack of dynamism continues to characterize the steel market in Latin America during the first 8 months of 2014; regional crude steel production increased 2% and finished steel output displayed a 1% drop vs same period of 2013. Meanwhile, ...

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