December 2012

Turkey targets $55bn in steel exports by 2023

Turkish steel producers are aiming to reach $55 billion of exports in 2023.

Turkey's flat steel producers call for tougher import regime

Turkey's steel import regime should be revamped to support domestic producers of flat products, the Turkish Iron & Steel Producers Assn (DCUD) said.

Japan's steel output will rise only 0.2% in Q1 2013, Meti says

Japanese crude steel output in the first quarter next year is expected to only slightly bounce back after falling to its lowest level in six quarters in the final three months of 2012.

NOTE TO SUBSCRIBERS: Steel First Daily on January 1, 2

Due to public holidays at the start of 2013, we will not send out our daily email newsletter on January 1 or January 2. Normal service will resume on January 3.

Taiwan's China Steel to spend $78.3m on revamp of hot-strip mill

China Steel Corp said it will spend NT$2.27 billion ($78.3 million) on a five-year revamp of its No. 2 hot-strip mill.

2013 OUTLOOK: Auto, energy sectors will help Mexican steel industry

The outlook for the Mexican steel industry over the next few years is positive, but the industry will need to implement a new industrial policy in order to achieve its goals.

Sales at Japanese stockists fall in November

Sales among Japan's second-tier dealers dropped in November after two straight months of increases, on slowed demand.

Japan warns Indonesia on CRC anti-dumping threat

The Japan Iron & Steel Federation (JISF) has criticised the conclusions of an Indonesian anti-dumping investigation into cold rolled coil (CRC) imports as “unjust and extremely regrettable”.

East Coast shares start trading on AIM

Shares in Ukraine-focused metallurgical coal miner East Coal have started trading on London's Alternative Investment Market (AIM), the miner said in a statement on Friday December 28.

Outokumpu to reduce capacity as part of Inoxum merger

Finnish stainless steelmaker Outokumpu will reduce its capacity following the completion of its merger with ThyssenKrupp’s Inoxum, the company said on Friday December 28.