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Economic steel sector headlines and reports


Study Says Brazil's Economy Is on Brink of A Depression
Tue, 21 May 2019 10:35:00 GMT
Brazil is in the midst of the slowest economic ... the report The depression after the recession. Steel industry - Folhapress According to the document, economic crises should be judged not
https://www1.folha.uol.com.br/internacional/en/business/2019/05/study-says-brazils-economy-is-on-brink-of-a-depression.shtml&c=16522808491210936582&mkt=en-gb


Yearlong slide in steel prices continue
Tue, 21 May 2019 08:30:00 GMT
Steel prices have slid for the better part of a year, and they might be reaching the point where service centers feel compelled to more aggressively support the mills announced price hikes, which really havent had an
https://www.thefabricator.com/blog/yearlong-slide-in-steel-prices-continue


NCLAT reserves order on ArcelorMittal takeover of Essar Steel
Tue, 21 May 2019 00:00:00 GMT
Senior advocate Harish Salve had contended that during the resolution period, Essar Steel had a profit of Rs 3,500 crore and the company is already providing Rs 2,500 crore as working
https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/nclat-reserves-order-on-arcelormittal-takeover-of-essar-steel/articleshow/69429487.cms


China set to pick new head for state-owned enterprise regulator ...
Sun, 19 May 2019 20:35:00 GMT
In the past three years he oversaw the reform of the ownership structures of state enterprises, several mergers and tried to reduce overcapacity in the steel and coal sector ... and business
https://sg.news.yahoo.com/china-set-pick-head-state-140009728.html&c=6068814018364098217&mkt=en-gb


How China could compel the US to agree to a trade deal
Sat, 18 May 2019 06:27:00 GMT
Fujian Jinhua is particularly interesting because it is one ... less in profit last year and is planning mass layoffs in the wake of a 25 percent tariff on steel and 10 percent on aluminum. For the
http://www.arabnews.com/node/1498861&c=12307109393544731990&mkt=en-gb


Dalian iron ore hits record high on expectation of firm demand
Fri, 17 May 2019 01:16:00 GMT
Tangshan government has ordered steel mills to step up production curbs to an average of 30% in May from around 20% in April. Strong iron ore prices were also supported by tight supply concerns in the
https://www.reuters.com/article/us-asia-ironore-idUSKCN1SN0OJ&c=14185489593785577071&mkt=en-gb


Iron ore miners surge on record China steel production
Fri, 17 May 2019 00:00:00 GMT
Iron ore prices have marched higher again and pushed Rio Tinto shares through the landmark $100 level, after reports of low iron ore inventories in
https://www.smh.com.au/business/companies/iron-ore-miners-surge-on-record-china-steel-production-20190517-p51ogk.html


Weakness in EU steel safeguard and poor market conditions threaten ...
Thu, 16 May 2019 22:22:00 GMT
Pared with supply volatility for iron ore in the wake of the Vale/Brumadinho dam disaster in Brazil, alongside high and volatile scrap and coking coal prices, the European steel industry is
https://steelguru.com/steel/weakness-in-eu-steel-safeguard-and-poor-market-conditions-threaten-sector-eurofer/540358&c=1080835979850184906&mkt=en-gb


Hadeed SABIC announces Q1 results
Wed, 15 May 2019 23:00:00 GMT
Saudi Arabian Hadeed Saudi Iron & Steel Company SABIC has reported financial results for January-March 2019. In January-March 2019, the company posted an operating profit of SAR 47 million versus
https://steelguru.com/steel/hadeed-sabic-announces-q1-results/540295&c=11463746952133905395&mkt=en-gb


Tata Steel will continue to explore various business options ...
Wed, 15 May 2019 00:00:00 GMT
The company's aim is to make European business stronger for which it will continue to explore various business options including merger, Tata Steel Managing Director T V Narendran
https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/tata-steel-will-continue-to-explore-various-business-options-in-europe-t-v-narendran/articleshow/69337806.cms


Woman who served Brazils poorest to be canonized
Tue, 14 May 2019 08:42:00 GMT
Prices for Brazilian oil, iron ore, and soya also dropped ... pilgrims gathered outside the cathedral in praying the Angelus before heading to the citys Casa Circondariale di San Vittore prison,
https://www.catholicworldreport.com/2019/05/14/woman-who-served-brazils-poorest-to-be-canonized/&c=17710061731058480690&mkt=en-gb


'Tata Steel's India performance to largely offset Thyssen JV'
Tue, 14 May 2019 00:00:00 GMT
Tata Steel Group CFO Koushik Chatterjee spoke to ET about the impact of the stalled joint venture in Europe and on Tata Steel's more profitable operations in
https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jv-failure-wont-impact-tata-steels-india-plans-koushik-chatterjee/articleshow/69319634.cms


SEAISI Press Release
Tue, 14 May 2019 00:00:00 GMT
Nippon Steel Recorded Tremendous Surge in Profits During Fiscal 2018
http://www.seaisi.org/news_details.php?nid=8666


SEAISI Press Release
Tue, 14 May 2019 00:00:00 GMT
Steel prices at multi-month high amid uncertainty over US-China trade talks
http://www.seaisi.org/news_details.php?nid=8663


Back on the menu: Chinese steel mills regain taste for high-grade ...
Mon, 13 May 2019 15:56:00 GMT
Steel firms had been forced to slash input costs through switching ... in early 2019 sparked by a catastrophic tailings dam failure at a Vale SA mine in Brazil also fuelled that switch. But as
http://www.mining.com/web/back-menu-chinese-steel-mills-regain-taste-high-grade-iron-ore/&c=9496168345506222822&mkt=en-gb


Number of news reports: 15




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