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Iran’s steel mills asking higher import tariffs

It is reported that Iran’s steel mills are urging the government to raise import tariffs by up to 40% on flat steel products to offset cheaper imports from China. The government has increased import duties by 20% from 10%, but ...

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Major Steel mills in Eastern China cut scrap purchasing prices

The steel mills in Eastern China region have announced further cut in scrap purchasing prices, mainly on account of lower rebar prices. This is the second round of cut announced by mills in the region over the past one week. ...

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Taiwan Feng Hsin keeps rebar, section steel and scrap prices Unchanged

Major Taiwanese long steel product manufacturer-Feng Hsin Iron and Steel Co. has decided to leave its rebar prices unchanged for the week commencing June 1st, 2015. Also, the base prices of section steel will remain flat during the week. The ...

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Ghana government urged to review ban on scrap metal exports

The Forum for National Equity-a prominent civil society organization has called upon the Ghana government to lift the outright ban on scrap metal exports from the country. The Forum demanded urgent action by the government as the policy action has ...

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Taiwanese Feng Hsin cuts rebar prices

Major Taiwanese long steel product manufacturer-Feng Hsin Iron and Steel Co. has decided to reduce its rebar prices for the week commencing January 19th, 2015. However, the prices of section steel and scrap purchasing prices will remain unchanged during the ...

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Esmark makes only valid bid for Serbian steel mill

The commission in charge of the privatisation said last week that US based flat-rolled steel processor and distributor Esmark is set to take over Serbia’s loss-making Zelezara Smederevo steel mill after submitting the only valid bid. Mr Bojan Bojkovic, the ...

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Say goodbye to ‘made in China’

These are not the best of times to be one of China’s massive, state-owned steel mills. The domestic economy is slowing, competition is increasing, and there’s widespread disgust and impatience with the smog pouring out of their stacks. In short, ...

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Scrap blast in Sher Steel Mill in Pakistan kills one

The News PK citing official sources reported that a man was killed and another sustained injuries in a blast in a scrap godown at Sher Steel Mills in Dargai area in Malakand in Pakistan. The sources said that one Wahidullah ...

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Angola is close to becoming self-sufficient in steel

A steel mill with capacity to produce 500,000 tons of steel per year is due to start operating in 2015 in Luanda, the Minister of Industry, Bernarda Gonçalves Martins said recently in Luanda. As well as this plant, two others, ...

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Taiwan-based Feng Hsin keeps rebar prices unchanged

Major Taiwanese long steel product manufacturer-Feng Hsin Iron and Steel Co. has decided to maintain its rebar prices for the week commencing December 8th. Also, the prices of section steel and scrap purchasing prices too will remain unchanged during the ...

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