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Feb/3/2012
Latest news from SBB
Scrap prices dip in Taiwan on weaker market for rebar
Chinese plate export prices remain firm after holidays
S. Europe service centres on hold for April/May bookings
Brazilian iron ore exports fall 50% to start 2012
CIS billet exports liven up as traders get booking
Turkish billet market active as mills set out March offers
US import licenses jump for rebar, heavy structurals
Flat Products
North America
Nucor: plate prices flat through March, except heat-treat
Severstal NA boosts annual output, sales prices
Asia
China’s HRC exports drop 15% in December
Korea's Hyundai begins 2m t/y HRC expansion
SBB Special Report: Miglanis acquire stake in Lloyds Steel
Europe
EU coil imports still low, volumes could pick up
Turkey's Tosyali and Japan's Toyo Kohan plan new sheet plant
South America
Beltrame's Argentinean plate mill to start in May
Africa
Egyptian sheet market expects import offer increase
Middle East
UAE sheet trade picks up, sentiment improves
Long Products
Asia
Kyoei Steel holds rebar prices ahead of cost hikes
East Chinese rebar prices stable amid slow market
Billet prices in Northern China hold firm
Europe
NW Europe sections prices at the ‘top of the market’
S. Europe rebar prices to Algeria down by €10-15/t
Spanish rebar prices hold on resilient mill offers
Middle East
Iranian longs producer's IPO fails to find buyer
Tubes & Pipes
North America
Structural tubing stockists keeping buying patterns tight
Line pipe imports appear to be surging in US market
Asia
China’s welded pipe exports surge by 32% on linepipe demand
Europe
Workers temporarily halt tube production at Condesa Belgium
Stainless & Specialty Steels
North America
DOC delays prelim results in Indian stainless bar review
Asia
Tang Eng lifts home and export stainless prices for February
Posco raises electrical sheet processing capacity in India
Europe
UK stainless sheet market absorbs price increases
German stainless bar producer invests in Portuguese mill
Stainless and aluminium distributor expands in N & S Germany
Scrap & Raw Materials
North America
Urgency forcing Magnetation to look at new sites for plant
Asia
BHPB to cut Australia nickel mining operations
Chinese domestic iron ore prices stable in quiet market
Chinese FeSi export prices rise $20/t, market offers divided
Chinese mills resume scrap purchase in sluggish market
CRM's first Tonkolili ore shipment to reach China this month
Europe
Turkish local scrap prices continue downward trend
Swedish scrap prices fall €22.50/t in February
UK's Lord & Midgley to install shredder in Hull
TK, Saar partners & GMH form German raw materials union
US scrap sale indicates softer Turkish import market
CIS
Russian scrap exports are 'set to plunge' this year
Kazakhstan's iron ore and ferroalloy output steady in 2011
South America
Brazilian pig iron firm aims to up 2012 output by 11%
Africa
Beacon Hill has more than 8mt of coking coal at Moatize
Australasia
BHPB to progress outer harbour port development
IronClad inks offtake deal with HK investor
Cashmere Iron awarded capacity at Esperance port
Lower prices to squeeze Chinese domestic iron ore: Fitch
World
Roskill says manganese prices could rise 20% over 5 years
Glencore makes move to buy Xstrata
Corporate & Industry
North America
Houston port steel tonnage up 58% in 2011
US imports up 35% to 2.44m t in January
US imports of OCTG, cut plate and CRC surge in January
Mexico's Ahmsa contracts for Siemens furnace upgrade
Asia
Sail eyes 60m t/y output by 2020 including overseas ventures
CIS
Evraz mulls Latin America and SE Asia acquisitions
Kazakhstan increased crude steel output by 12% y-o-y in 2011
South America
Strong iron ore shipments push up profits at Chile's CAP
Brazil's Gerdau is looking for a mining partner
Middle East
Tube City opens Dubai trading office to follow mill accord
World
Upstream M&A to become more prevalent in metals industry
Metals, steel lead in global M&A activities: PwC
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