December 2012

2012 REVIEW: Difficult conditions east of the Brandenburg gate

The Polish language has a word, written as “ciezki,” which can mean either heavy or difficult.

Wisco's 2012 earnings saved by non-steel interests

China's Wuhan Iron & Steel (Wisco) expects to report a net profit of 1.7 billion yuan ($269 million) this year, avoiding a loss only thanks to its investments outside the steel industry, it said.

Wisco's 2012 earnings saved by non-steel interests

China's Wuhan Iron & Steel (Wisco) expects to report a net profit of 1.7 billion yuan ($269 million) this year, avoiding a loss only thanks to its investments outside the steel industry, it said.

China’s CRC export offers up on exw price increases

China’s cold rolled coil export offers rose further on Tuesday December 25 after several major producers pushed up ex-works prices.

China’s CRC export offers up on exw price increases

China’s cold rolled coil export offers rose further on Tuesday December 25 after several major producers pushed up ex-works prices.

China’s spot HRC prices firm as supply remain tight

China’s hot rolled coil prices moved higher as market participants reported continued tight supply.

CHINA STEEL WRAP: Flats extend gains, longs slide further

China’s spot steel market continued to see mixed fortunes on Monday December 24 as flats saw further gains, while longs retreated.

China’s spot HRC prices up on further exw price hikes

China’s hot rolled coil prices gained further today on the support of more price hikes by steelmakers.

Indian plate export prices increase slightly

Indian plate export prices have increased slightly, with Steel Authority of India (Sail) pushing its export price up to $515-520 per tonne fob, against $510-515 per tonne about three weeks ago.