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Taiwan's standard metal export orders down 1.2 percent in January-July

According to the stats launched by the Taiwan Ministry of Economic Matters, in July this year Taiwan's fundamental steel and also basic steel product export orders amounted to $2.56 billion, decreasing by 24.8 percent compared to July 2021 a...


Turkish car sales lower 6.7 percent in January-July

In July this year, Turkey's electric motor vehicle sales amounted to 55,324 systems, increasing by 11.2 percent year on year, according to the month-to-month statistics released by the Turkish Automotive Manufacturers' Association (OSD). In...


Negotiations underway for sale of Tosyalı steel plant in Montenegro

The Montenegro federal government has actually allowed to state-owned electrical power circulation firm Elektroprivreda Crne Gore (EPCG) to start settlements with the Turkish steelmaker Tosyalı Holding for the purchase of the latter's Monte...


China imports 50,600 mt of scrap in July

China imported 50,600 mt of scrap in July, up 126.97 percent month on month, while down 45.68 percent year on year, according to the Chinese custom-mades authorities. Specifically, 41,200 mt as well as 6,400 mt of scrap have been imported fr...


Brazilian steel institute introduces market report for 2021

The Brazilian steel institute (IABr), has actually issued its 2021 version of the Brazilian Steel Market Report, having details on the activity of the steel industry in the country. In completed data, IABr reported unrefined steel production...


India's JSW Steel and NSHL New Zealand ink pact for scrap shredding JV

India's JSW Steel Limited has actually inked a pact with nNational Steel Holdings Limited (NSHL), New Zealand to establish scrap shredding center in India, a company declaration said on Tuesday, August 23." JSW Steel Limited has gotten in in...


United States cool finished bar imports up 1.8 percent in June

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Fushun Unique Steel's web profit down 57.5 percent in H1

Liaoning Province-based Chinese steelmaker Fushun Unique Steel (Special Steel) introduced that in the initial fifty percent this year it registered an operating income of RMB 3.815 billion ($0.56 billion), up 1.24 percent year on year, while...


Sangang Minguang's net revenue down 83.26 percent for H1

Fujian Province-based Chinese steelmaker Fujian Sangang Minguang Co. (Sangang Minguang) provided its monetary record for the very first six months this year, specifying that its operating earnings totaled up to RMB 26.641 billion ($3.9 billi...


Russia's TMK improves EAF efficiency at PNTZ

Russian steel pipeline producer TMK has actually revealed that its Pervouralsk Novotrubny Plant (PNTZ) has actually introduced new innovations in the steelmaking procedure as component of its initiatives to enhance functional efficiency.The...