Blog Posts
Global Primary Aluminum Production Remains Flat for September 2019
The September 2019 Global Primary Aluminum Production numbers have remained unchanged from August 2019. With Q3 results being released from all countries except Asia (estimates), p
Excel Recycling shredder license restored
A Superior Court ruling on October 3, 2019, has ordered the license reinstatement of Excel Recycling, located in Freetown Massachusetts. After receiving complaints fro
Softening Prices, Excess Inventory Impact Nucor’s Earnings
A softening market for plate and sheet steel products and excess inventory affected Q3 bottom line of Nucor Corporation. The company announced net earnings of $275mn, or $.90 per s
Scrap exports from Russia can be even less than quota
Russian scrap exporters complain that around 30pc of quota cannot be used. They refer to the fact that some companies, which received quotas, don’t exist anymore or don’t expor
Proposed Kadapa steel plant to receive ore from NMDC
National Mineral Development Corporation (NMDC) will supply iron ore for the proposed steel plant in Kadapa district, Andhra Pradesh. The state expects investments of Rs2 lakh
Refined lead production rises by 9pc in Sept
Refined lead production in September was up 9pc at 1,051,800mt compared to 973,200mt in the same month prior year. Consumption of refined led was up 12pc to 1,112,200mt compared to
Plans to revive construction to aid steel demand
India approves measures for reviving the construction sector, which will indirectly increase the demand of long steel products like rebar, rail and structures, wires, pipes over th
Scrap import regulation halts trade in Indonesia
The government of Indonesia has placed a temporary suspension on all scrap imports with an inspection date after 22 November as the government finalizes and step in to implement th
SAIL may seek new partners for auto steel JV
SAIL and ArcelorMittal had signed a joint venture (JV) agreement for a high-grade cold-rolled automotive steel in 2017. For the past two years, SAIL is waiting for a response
