December 2016

2017 OUTLOOK: Turkish flat steel sector has mixed expectations for 2017

Growth in the flat steel sector in Turkey is expected to continue in 2017, but market participants have different opinions about prospects for the longer term.

2017 OUTLOOK: UK steel benefits from low sterling, high materials costs

The year of 2016 presented the UK with significant economic and political challenges, but some participants in the UK steel industry are entering 2017 in good shape.

Turkish flat steel exports up 46% in November

Turkey exported 287,282 tonnes of finished flat steel in November 2016, according to the latest figures available from the Turkish Statistical Institute (TUIK).

Turkish flat steel imports down by 17% in November

Turkey imported 606,378 tonnes of flat steel in November 2016, down by 17.29% from the 733,105 tonnes that came into the country a year earlier, according to the Turkish Statistical Institute (TUIK).

NLMK to cut pig iron exports next year

Russia’s largest steelmaker, Novolipetsk Steel (NLMK), will reduce its pig iron export volumes from January 2017 due to its own growing need for raw materials, Metal Bulletin has learnt from the company spokeswoman.

Bahrain’s Uniroll to restart rebar production in January

Bahrain steelmaker Universal Rolling (Uniroll) will restart production of rebar in January 2017, the company told Metal Bulletin on Wednesday December 28.

Egypt starts anti-dumping investigation into rebar, wire rod

Egypt’s Ministry of Industry & Trade started an anti-dumping investigation into rebar and wire rod imports from Ukraine, Turkey and China last week, Metal Bulletin has learnt.

NLMK appoints new ceo of long products division

Russia’s largest steelmaker, Novolipetsk Steel (NLMK), has appointed Dmitry Stopkevich the new ceo of its long products division, the company announced on Wednesday December 28.

INTERVIEW: GCC steel import duties must rise soon, Jindal Shadeed ceo says

The import duties imposed on rebar brought into the Gulf Co-operation Council (GCC) region must, and soon will be, increased to at least 10% from the current 5%, according to Naushad Ansari, ceo of Jindal Shadeed Iron & Steel.

CSC's November earnings rise sharply year-on-year

Consolidated operating income for November at Taiwanese steelmaker China Steel Corp (CSC) was NT$2.41 billion ($74.63 million), according to a results statement released on Friday December 23.