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India Containerized Shredded Scrap import prices gain; Plastic Scrap prices show mixed trend
India containerized shredded scrap import average prices gained during the week ended August 19, while India's major plastic scrap prices on Scrap Register Price Index showed a mixed trend. ...
Chinese steel product exports dropped 29% in February, says customs data
BEIJING (Scrap Monster): As per the latest export data released by the General Administration of Chinese Customs, the country’s exports of steel products slumped during the month of February from the previous month. However, the exports in February went higher...
New POSCO CEO to shun major steel investments, shed non-core assets
Seoul: Posco’s new chief executive officer (CEO) said the steel maker will shy away from expanding manufacturing capacity for the time being, and raise cash by selling non-core assets and by listing some affiliates—a marked break with the strategy set...
ArcelorMittal to invest $15 mn in Brazil for special steel
The world's largest steel-maker ArcelorMittal is investing USD 15 million at its Brazil facility to produce specialised high strength steel for automotive industry by next year....
US weekly raw steel output declined during week ended March 8th
NEW YORK (Scrap Monster): As per the statistics released by the American Iron and Steel Institute (AISI), the raw steel production in the country dropped during the week ended March 8th....
US Jan steel shipments up 3.4% from Dec, down 3.8% over the year: AISI
WASHINGTON (Scrap Monster): The most recent report released by the American Iron and Steel Institute (AISI)- the association of North American steel producers indicates that the US steel mill shipments increased by 3.4% in January 2014 over the previous month....
