August 2013

Pacific Coal reports first quarterly profit since 2011

Pacific Coal has reported earnings of C$3.1 million ($2.95 million) for the second quarter of 2013, according to a financial results statement published on Thursday August 29.

PRICING NOTICE: Metal Bulletin to revise normalisation ranges for 62%, 58% Fe iron ore indices

Metal Bulletin is proposing to make some adjustments to the normalisation ranges for the 62% Fe and 58% Fe iron ore indices.

EU market not ready to accept stainless sheet, bar price rises

Price rises announced by European domestic producers for stainless steel grades 304 and 316 sheet and bar have not yet been accepted by the market, sources told Metal Bulletin sister title Steel First on Friday August 30.

Evraz North America reports fall in H1 2013 steel sales

Evraz has reported a sharp fall in its North American steel sales revenue in the first half of the year, on slightly higher volumes.

US coil prices soften in Midwest

Coil product prices in the US Midwest fell slightly this week after a period of stability, with market participants adopting a range of outlooks for the rest of the year.

FEATURE: International scrap prices nudge higher in August on robust demand

The price of steel scrap edged higher across all the world’s key trading regions in August, on robust international demand.

Cliffs, USW ratify labour agreement for Bloom Lake iron ore mine

Cliffs Natural Resources and the United Steelworkers Union have ratified a three-year labour contract agreement for the company’s Bloom Lake Mine at Fermont, in Quebec, Canada.

WTO will study China’s anti-dumping duties on EU stainless tubes

The dispute settlement body of the World Trade Organisation (WTO) has agreed to establish a panel to study anti-dumping duties imposed by China on high-performance stainless steel seamless tubes from the EU.

US coil prices soften in Midwest

Coil product prices in the US Midwest fell slightly this week after a period of stability, with market participants adopting a range of outlooks for the rest of the year.

EU market not ready to accept stainless sheet, bar price rises

Price rises announced by European domestic producers for stainless steel grades 304 and 316 sheet and bar have not yet been accepted by the market, sources told Steel First on Friday August 30.