Iron ore miners have new price competition: Chinese scrap ...
Steel mills in some 28 cities in northern China will have to cut production from Nov. 15 to March 15 next year. MINING Staff Writer | October …
What exactly is Mill Scale and what is done about it
2005. A. Mill scale consists primarily of magnetite, Fe 3 O 4, of characteristic blue-gray "steely" color. An extremely thin outer film of hematite, Fe 2 O 3, is invisible to the naked eye. The inner portion of the magnetite contains fine metal grains and sometimes, residual black FeO (see below), which contribute to the roughness of descaled metal.
Virus hits shipping, spreading global economic strain
In addition to importing raw materials -- Chinese factories consume nearly 40 percent of metals produced in the world -- the factory slowdown has forced the world's largest shipper to brace for ...
Reliance Steel and Aluminum - RS | Market Realist
The May inventory report for steel shipments paints a gloomy picture of the steel industry. In May, service center steel shipments fell 12.6% year-over-year. By Mohit Oberoi, CFA Jun. 24 2015 ...
Chinese Junk Could Sink The Profits Of Big Iron Ore Miners
Over the next 10 years years scrap use in Chinese steel making is expected to rise to approach Japan's share, perhaps reaching 30% of overall steel mill feedstock by the year 2030.
13 Major Iron and Steel Plants of India - Your Article Library
In the year 1997-98, this plant produced 32.14 lakh tonnes of hot metal, 25.4 lakh tonnes of liquid steel, 22.5 lakh tonnes of saleable steel and 7.7 lakh tonnes of pig iron. It is a major export oriented steel plant and takes full advantage of its coastal location.
EUROPE HRC: Prices stable on lack of trading activity ...
EUROPE HRC: Prices stable on lack of trading activity; sentiment gloomy. Domestic prices for hot-rolled coil in Northern Europe and Italy remained fairly stable on Thursday October 14 due to limited trading activity, sources have told Fastmarkets. European mills have been trading reduced volumes of coil and mainly holding back from making big ...
Gloomy picture for paint highlights depth of supply chain ...
Gloomy picture for paint highlights depth of supply chain crisis. Malcolm Carr's key raw material costs have skyrocketed like never before as a global supply chain crisis has shaken his business. Car's Tuscan-based company shines on superyachts — and the cost of his most important ingredient, paint, has skyrocketed.
COerInG THe raW MaTerIal InPUTS TO STeelMaKInG
Turkish steel mill buys Italian scrap at heavy discount 5 Billet market Gloomy global picture drags down ... weekly total was near the low this year of 1.79 million st reached in the first week of February, according to the Washington- ... Chinese imports (CFR North China port), $/dmt 140.50 Daily -1.70 …
Chinese iron and steel industry - Latest business news ...
China's overseas steel orders slumped in April, and the situation will worsen further this month because of the gloomy global economy, analysts said. Chinese steel mills slide back to losses in Q1 ...
U.S. manufacturers grapple with steel shortages, soaring ...
Steel is in short supply in the United States and prices are surging. Unfilled orders for steel in the last quarter were at the highest level in five years, while inventories were near a 3-1/2-year low, according to data from the Census Bureau. The benchmark price for hot-rolled steel hit $1,176/ton this month, its highest level in at least 13 ...
Gloomy picture for paint highlights depth of supply chain ...
Gloomy picture for paint highlights depth of supply chain crisis ... The global supply chain crunch has caused the cost of everything from paint and steel to energy and cereal prices to soar ...
While You Were Sleeping: 5 stories you might have missed ...
A few hundred metres from the huge furnaces of the Chinese-owned Smedrevo steel mill in central Serbia, the village of Radinac is covered in …
Chinese cities put tax heat on steel mills | Financial Times
Chinese mills, which produce nearly ... Mr Zhang painted a gloomy picture for the steel industry this year. "2013 demand [for steel] will be better than last year but challenges still cannot be ...
Iron Ore Gloom Deepens as China Property Woes Threaten ...
The steel supply-chain is showing plenty signs of slackness. Output from major Chinese mills shrank nearly 20% toward the end of October. Iron ore inventories are at their highest since April 2019, and mill margins are under pressure as steel prices slide. Futures for rebar -- a key product used in construction -- are at their lowest since last ...
Our Outlook for Basic Materials Stocks | Morningstar
Chinese crude steel output growth has slowed in recent months. After growing 21% year to date through June, steel output fell 2% year over year in July and 1% in August, according to China's ...
BHP walks away from mining mega-merger | BHP | The Guardian
There was jubilation less than six months ago when Rio Tinto achieved a 96% increase in iron ore prices in negotiations with Chinese steel mills. But, as talks start for 2009 settlements, there is ...
Gloomy future for VN steel industry - News VietNamNet
A report of the ministry said that in January 2016, Vietnam churned out 364,500 tons of raw steel, a decrease of 7.1 percent compared with the …
Iron-ore gloom deepens as China property woes threaten demand
The steel supply-chain is showing plenty signs of slackness. Output from major Chinese mills shrank nearly 20% toward the end of October. Iron …
From metals to soybeans: China's energy crisis unleashes ...
From metals to soybeans: China's energy crisis unleashes turmoil in commodities Premium Production of metals from aluminum to steel has been spluttering for months as power curbs have intensified ...
Japanese agree to 65% Iron Ore Price Gain
Steel mills had argued that an increasingly gloomy global economic picture justified limiting the additional amount they would pay for iron ore. ... Chinese mills last year signed the deal for the ...
Black Lives Matter News & Videos - ABC News
Follow the latest Black Lives Matter news stories and headlines. Get breaking news alerts when you download the ABC News App and subscribe to Black Lives Matter notifications.
FOCUS: Oversupplied Chinese FeCr market faces new ...
Fastmarkets assessed the price of ferro-chrome spot 6-8% C, basis 50% Cr, ddp China at a 44-month low of 5,600-5,800 yuan ($803-832) on December 27 after major Chinese stainless steel mills slashed their tender prices for January delivery against a backdrop of persistent market oversupply.
Gloomy future for VN steel industry - News VietNamNet
A report of the ministry said that in January 2016, Vietnam churned out 364,500 tons of raw steel, a decrease of 7.1 percent compared with the same period last year.
China needs a Lehman-level meltdown to crash its steel mills
China needs a Lehman-level meltdown to crash its steel mills. Premium. China consumes half the world's steel, and its property sector alone …
Coronavirus hits global shipping | Dry Bulk
Coronavirus hits global shipping. Sea freight transport, the lifeblood of trade and a bellwether of the global economy, has been blown off course by the COVID-19 outbreak, sparking general alarm. Figures provided by cargo ship traffic paint a gloomy picture. The Baltic Dry Index (BDI) reflects the daily price of moving goods such as coal, rice ...
Steel loses its shine - and could slide further
The mills that took part in the survey have an aggregate 20pc share of the Chinese steel market. Steel prices have been on the slide this year – and Davy concludes that they have further to fall ...
China | Stone Crusher used for Ore Beneficiation Process Plant
Spot iron ore prices in China, the world's biggest market, were steady on Thursday as activity began to pick up following the New Year break, but traders said the outlook remained gloomy. In the absence of new policies from Beijing to stimulate steel demand, mills will not buy until they really have to, said. a Shanghai-based trader.
LINE Dictionary : English-Thai, Chinese-English, English ...
LINE Dictionary is providing free dictionary and free translator. English -Thai Dictionary, Chinese -English Dictionary, English -Chinese Dictionary, and translate. Word search, examples, expressions, synonyms, antonyms, idioms etc..