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Home  /  Forum  /  Arcelor Mittal  /  Nieuws en info hier plaatsen (deel 4)

Aandeel ArcelorMittal AEX:MT.NL, LU1598757687

Laatste koers (eur) Verschil Volume
20,850   +0,220   (+1,07%) Dagrange 20,650 - 20,890 1.925.764   Gem. (3M) 2,8M

Nieuws en info hier plaatsen (deel 4)

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35.173 Posts
Pagina: «« 1 ... 115 116 117 118 119 ... 1759 »» | Laatste | Omlaag ↓
  1. forum rang 10 voda 25 juli 2014 13:23
    Atlas Iron eyes record production

    Business Spectator reported that Atlas Iron will ramp up the production of higher grade iron ore products and reduce its capital expenditure in the coming year as it looks to counteract the impact of a falling iron ore price.

    The miner said today it shipped 10.9 million tonnes in fiscal 2014, but has set its full year guidance for fiscal 2015 at between 12.2 million tonnes and 12.8 million tonnes, representing an increase of between 12% and 17% and a record for the company.

    Atlas said that in light of changing demands in the iron ore market it plans to increase the higher grade 'standard fines proportion of overall production to 12 million tonnes to 12.2 million tonnes, while production of value fines is being targeted at 0.2 million tonne to 0.6 million tonnes. Should market conditions improve for the value fines product, there is the potential for increased production opportunities.

    Atlas Iron is one of the most exposed junior miners on the ASX, with a breakeven price of USD 82 a tonne. In June the iron ore price dropped to as low as USD 89 a tonne and so far this year lost more than 30%.

    Overnight, benchmark iron ore for immediate delivery to the port of Tianjin in China was trading at USD 94.50 per tonne, down from USD 95.40 in the previous session.

    In conjunction with higher production, Atlas said it was targeting significantly lower all in cash costs compared to unaudited results achieved for fiscal 2014. It also flagged a material decrease in amortisation and depreciation expense guidance to USD 12 per WMT to USD 15 per WMT.

    Source – Business Spectator
  2. forum rang 10 voda 25 juli 2014 13:28
    Mexico extends dumping duty on Chinese steel

    According to a notice in the nation's Official Gazette, Mexico has decided to extend anti dumping duties on certain steel exports from China.

    Mexico's current anti dumping duty of USD 0.50 per kilogram on welded steel link chain from China will be maintained for a further five years from July 18th 2014.

    The Ministry of Economy originally imposed the duty at a rate of USD 0.72 per kilogram in 2003. Following a review, in 2010 the rate was lowered to USD 0.50 per kilogram. A review of the duty was requested by steel companies Deacero and Industrial de Alambres.

    Source – Tax News
  3. forum rang 10 voda 25 juli 2014 13:29
    Iran steel output soars to 8 million tonnes in 6 months

    According to the World Steel Association, Iran’s steel production in the first six months of 2014 reached 7,982 tonnes showing an eight-percent rise compared to the same period last year.

    The growth comes despite the US led sanctions imposed on Iranian industries, preventing Iranian producers from importing needed equipment and raw material.

    Back in 2013, the country’s annual steel production also increased 6.6% compared to that of 2012, reaching 15.4 21 million tonnes.

    Iran became self sufficient in steel production in 2009. A year earlier, the Islamic Republic produced 7.5 million tonnes of Direct Reduced Iron. The country produces 13% of global DRI production and 41% of total Middle East DRI production.

    The country plans to increase its annual steel output to 55 million tonnes by the end of the 2015 as part of a sweeping national development plan.

    Source – Tasnim News
  4. forum rang 10 voda 25 juli 2014 13:30
    Russia sees Mechel debt restructuring as best option - Mr Putin aide

    Reuters reported that the Kremlin would prefer to restructure the debt of struggling Russian miner Mechel through the state development Vnesheconombank, or VEB, rather than let the company go bust.

    Mr Andrei Belousov top economic aide of president Mr Vladimir Putin said that the coal to steel group has debts of USD 8.6 billion and employs 70,000 people. Restructuring would be less painful than bankruptcy in terms of the interests of the country and the company itself.

    Russia has been nursing its oligarch owned conglomerates through a prolonged downturn in the commodities cycle, seeking to avoid a wave of defaults that would lead to mass job losses at a time when the economy is at near standstill.

    Hit by weak prices for its products, Mechel is in critical need of further financial support. It has already undergone several debt restructurings but the head of VEB said this month he recommended avoiding further bailout schemes as they would be loss making.

    Mr Belousov said that VEB would likely face no significant risks if it were to help bail out Mechel. I understand VEB's concerns, but I would not say categorically that VEB will suffer any damage or additional risks. The government would come up with a plan to save Mechel within a week.

    Source - Reuters
  5. forum rang 10 voda 25 juli 2014 13:33
    Nickel deficit narrows as China increases pig iron output

    SCMP reported that Sumitomo Metal Mining, Japan's top nickel producer, cut its 2014 forecast for the metal's global deficit by 43% as China produces more than expected volumes of nickel pig iron, a cheaper alternative.

    Mr Hiroshi Sueta, the Tokyo based general manager of nickel sales and raw materials said that “Demand will exceed supply by 17,000 tonnes, down from the company's April estimate for a 30,000 tonne deficit. The market last year was in a 109,000 tonne surplus.”

    Nickel is up 37% this year, the most among the six main metals on the London Metal Exchange, as Indonesia, the biggest producer from mines, barred unprocessed ore exports in January.

    Mr Sueta said that "The pace of the drop of ore inventories in China was slower than we had expected earlier because of a jump in imports from the Philippines. Nickel pig iron is a low quality alternative for refined nickel in the production of stainless steel.”


    He said that China's stockpiles of nickel ore, which is used to make nickel pig iron, have dropped this year to slightly more than 20 million tonnes from 25 million tonnes at the end of 2013. The company earlier forecast that China's nickel pig iron output would begin falling this summer as inventories declined following Indonesia's ore export ban.

    Sumitomo Metal raised its 2014 estimates of China's nickel pig iron production to 430,000 tonnes, about 2% higher than its forecast in April. China produced 450,000 tonnes in 2013.

    Source – SCMP
  8. forum rang 10 voda 28 juli 2014 15:07
    US preliminary steel imports decrease 11pct in June - AISI

    The American Iron and Steel Institute announced that the US imported a total of 3,586,000 net tonnes of steel in June, including 2,706,000 net tonnes of finished steel (down 11.1% and 8.0%, respectively, vs. May final data). Year to date total and finished steel imports are 21,082,000 and 15,552,000 net tonnes respectively, up 34% and 26% respectively, vs.

    2013. Annualized total and finished steel imports in 2014 would be 42.2 and 31.1 million NT, up 31% and 25% respectively vs. 2013. Finished steel import market share was an estimated 27% in June and is estimated at 27% YTD.

    Key finished steel products with a significant import increase in June compared to May are cold rolled sheets (up 26%), cut lengths plates (up 26%) and tin plate (up 14%). Major products with significant YTD import increases vs. the same period last year include wire rods (up 100%), plates in coils (up 69%), cold rolled sheets (up 67%), sheets and strip galvanized hot dipped (up 51%), sheets and strip all other metallic coatings (up 48%), hot rolled sheets (42%), cut lengths plates (up 37%), mechanical tubing (34%), oil country goods (up 28%), heavy structural shapes (up 25%), reinforcing bars (up 15%) and tin plate (up 15%).

    In June, the largest volumes of finished steel imports from offshore were all from Asia and Europe. They were from South Korea (457,000 NT, down 22% vs. May final), China (230,000 NT, down 25%), Turkey (189,000 NT, up 25%), Japan (138,000 NT, down 5%) and Germany (102,000 NT, down 3%). For six months
    of 2014, the largest offshore suppliers were South Korea (2,609,000 NT, up 49%), China (1,518,000 NT, up 69%), Japan (990,000 NT, up 3%), Turkey (951,000 NT, up 29%) and Russia (596,000 NT, up 344%). Below are charts on estimated steel import market share in recent months and on finished steel imports from offshore by country.

    Source – Strategic research Institute
  9. forum rang 10 voda 28 juli 2014 15:08
    US auto sales seen rising 9pct in July 2014 - JD Power-LMC

    Automotive industry consultants JD Power and LMC Automotive said that US auto sales in July will be the strongest for the month since 2006, and rise 9% from last year.

    The consultancies said that for the fifth consecutive month, the seasonally adjusted annualized sales rate will top 16 million new vehicles, at 16.6 million.

    LMC raised its full year 2014 forecast for new auto sales to 16.3 million, from 16.2 million.

    US auto sales were 15.6 million vehicles last year.

    Mr Jeff Schuster, head of forecasting at LMC, said that the auto industry recovery continued to outpace that of the larger US economy.

    Mr John Humphrey senior vice president at JD Power said that consumers were expected to spend about USD 36 billion on new vehicles in July.

    Industry consultant Edmunds.com agreed that US auto sales would reach their highest for July in 8 years, and forecast an annualized sales rate for the month of 16.8 million vehicles.

    Source - Reuters
  10. forum rang 10 voda 28 juli 2014 15:09
    China's copper and iron ore imports fall for second month

    Business Recorder reported that China's imports of copper and iron ore fell for a second month in June as factors including unfavourable prices, economic uncertainties and tighter credit weighed on sentiment, but overall demand remained healthy.

    Despite a slowing economy, China's import demand for commodities has generally confounded expectations of a decline. For the H1, crude imports were up 10% on a year ago, copper imports up 26% and iron ore up 19%. The resilience has been partly driven by Beijing's pledge to boost infrastructure investment, such as the rebuilding of shanty towns and rail construction, to stabilise growth. Demand for financing, where companies use imports as a way to access cheap loans, has also boosted orders.

    Mr Ivan Szpakowski analyst of Citi Research said that “Looking ahead, traders and analysts said demand for copper imports appeared the most fragile due to an ongoing probe into a alleged metal financing fraud that has prompted banks to cut back on credit to private Chinese traders. Financing activity is the key variable going forward.”

    Analyst said that "The trend of metals financing activity shifting to locations outside of China has accelerated over the past month as financing in Chinese bonded warehouses has become more difficult."

    Other economic data showed that China's trade performance improved in June but still missed market forecasts, reinforcing expectations that Beijing will have to unveil more stimulus measures to stabilise the economy and meet its 2014 growth target.

    Copper imports fell 7.9% in June from a month earlier to 350,000 tonnes, the lowest level since April 2013, as Chinese banks reduced lending for metals imports following a probe into an alleged metals fraud at Qingdao port.

    Traders said that trading of copper stocks in China's bonded zones came to a virtual halt and banks froze lending for metals imports when news of the alleged fraud came to light in early June. Even now, banks are very cautious in giving letters of credit for copper imports.

    Source – Reuters
  11. forum rang 10 voda 29 juli 2014 11:32
    'Aperam verbetert resultaat'

    DINSDAG 29 JULI 2014, 11:10 uur | 98 keer gelezen

    AMSTERDAM (AFN) - Roestvrijstaalfabrikant Aperam heeft in het tweede kwartaal waarschijnlijk een hoger bedrijfsresultaat (ebitda) behaald dan in het voorgaande kwartaal. Dat blijkt uit een rondgang onder analisten door persbureau Bloomberg. Aperam komt donderdag nabeurs met cijfers.
    De consensus van analisten voor de ebitda ligt op 146,4 miljoen dollar. Aperam heeft bij de publicatie van de cijfers over het eerste kwartaal aangegeven voor het tweede kwartaal een hogere ebitda te verwachten dan in de voorgaande periode. In het eerste kwartaal kwam het resultaat uit op 129 miljoen dollar.

    De omzet wordt in doorsnee geraamd op 1,5 miljard dollar.

  12. forum rang 10 voda 29 juli 2014 13:10
    Steelworkers strike against job cuts at ThyssenKrupp stainless steel plant at Terni

    Reuters reported that hundreds of workers downed tools on Monday at Italy's largest stainless steel plant in Terni in opposition to a restructuring plan, under which about 550 jobs would be cut and production halved.

    Italian union FIOM said the strike started on Monday and that more protests would take place until the government intervenes to mediate with management of the Acciai Speciali Terni plant, owned by German steel group ThyssenKrupp and push for a revision of the plan for the site in central Italy.

    FIOM national secretary for the steel sector, Mr Rosario Rappa, said “The situation is more dramatic and uncertain than ever. Once again we are in a difficult situation. It's not a plan that guarantees a future for the plant."

    ThyssenKrupp earlier this month presented the plan to cut about a fifth of the Terni staff and EUR 100 million in annual costs.

    AST is one of the most modern stainless steel plants in Europe, yet has been posting losses for several years, which ThyssenKrupp blames mostly on the poor state of the market and structural oversupply. Failure to meet the cost-saving target would result in the closure in 2016 of one of the two furnaces at the site, each of which produces up to 600,000 tonnes of stainless steel a year.

    ThyssenKrupp had to take back Terni from Outokumpu earlier this year as the Finnish company struggled to refinance.

    Source – Strategic research Institute
  13. forum rang 10 voda 29 juli 2014 13:12
    EUROFER - The EU Steel Market - Overview Steel Using Sectors

    EUROFER in recently released “Development of the main steel using sectors – EUROFER forecast July 2014” said that

    1. Q1-2014 activity rebounded
    2. Framework conditions improving
    3. Steady rise foreseen in 2014-15

    The latest figures on activity of the EU’s steel using sectors in the first quarter of 2014 confirm that output increased more robustly than previously anticipated. The SWIP index now shows a rise of 6% compared with the same period of 2013. The upward revision basically boils down to a better performance of the construction and the automotive sector in Germany, Italy, Spain, Poland and some smaller EU markets.

    The Q1 growth rate is clearly flattered by the weak activity level in the first quarter of 2013. Nevertheless, after correction for this base year effect, underlying sector strength appears to have been somewhat more solid than expected.

    The forecast for the remaining quarters of this year signals that activity will steadily increase further, with growth projected at around 2.5% y-o-y.

    A key factor in this growth scenario is the expected rebound of EU invest- ment following underinvestment in the recent past. Especially investment in machinery and equipment is seen picking up, but also construction investment will rebound moderately. Exports will remain supportive thanks to global growth gaining some strength. Framework conditions such as consumer and business sentiment levels, access to financing, fiscal pressure look set to see a gradual further improvement over the coming quarters.

    Source – Strategic research Institute
  14. forum rang 10 voda 29 juli 2014 13:13
    Moody's to upgrade ratings of TATA Steel and British arm

    PTI reported that Moody's Investors Service has put TATA Steel's corporate family rating of Ba3 and British arm's corporate family rating of B3 on review for upgrade, following the successful sale of unrated debt worth USD 1.5 billion last week.

    The international rating agency also said it will be upgrading other ratings of the Group such as TATA Steel UK's probability of default rating of B3-PD and the B3/LGD 3 (49%) rating of its term loan facility.

    The review upgrade has been triggered by the issuance of USD 1.5 billion worth bonds by ABJA Investment, guaranteed by TATA Steel and rapid progress made on the refinancing of British unit's senior facilities agreement.

    Moody's Asia VP for corporate finance group Mr Alan Greene and its Managing Director Mr Philipp L Lotter said that "On the back of improving sentiment in Europe and India, Tata Steel has been able to make swift progress on the refinancing of its European assets and opportunistically tap global markets to lock in cheaper funding for the group."

    They said that “The review will focus on assessing the terms and conditions of the refinancing and its implications for the links between Tata Steel Britain and its parent, as well as the operational profiles of both the British arm and TATA Steel.”

    They noted that the UK arm has improved the cost profile of its plants and generated five consecutive quarters of positive Ebitda despite a fragile recovery in European demand.

    However, the agency has warned that while it expects TATA Steel UK to maintain positive Ebitda in FY 2015, with Ebitda per tonne at USD 40 per tonne and reduce its reliance on the cash support from its parent, it is unclear how it can sustainably return to positive cash flow and pay back the debt. The Group as a whole has close.

    Mr Greene said that "TATA Steel's Ba3 rating has been held back by TATA Steel UK's weak performance in recent years. With the British arm now on a better footing both operationally, and financially, the strength of the parent can better benefit the Group."

    Source – Press Trust of India
  15. forum rang 10 voda 29 juli 2014 13:13
    EUROFER updates on steel imports into EU in 2014

    Highlights
    1. EU imports rose 3% in Q1 2014
    2. April to May data signal imports remaining at a high level
    3. Sharp rise quarto plate and rebar
    4. Imports to remain on a rising trend in 2014 and 2015.

    Following the 3% YoY rise in Q1 2014, steel imports into the EU continued to rise in May and April. Customs data for EU28 third country imports show a 20% YoY rise in total imports and even a 28% Yoy increase in finished products imports in April of this year. Surveillance 2 data for May indicate a rise of 27% YoY of finished product imports.

    While the first quarter had seen flat product imports stabilising around the year earlier level and a marked increase in long product imports, data available for the Q2 of this year signal that not only the YoY rise in long products accelerated to 44% in April and even 69% YoY in May, but that also flat product imports rose 24% in April and 28% YoY in May.

    Underlying data at the product level signal that while most flat product imports were on rising trend in April and May, particularly quarto plate imports continued to rise substantially. Meanwhile, imports of all long products were significantly higher than in the same period of last year, but the overall rise so far this year is dominated by rebar. This reflects sharply risen imports from Turkey as well as high tonnages from China arriving in the UK.

    With regards to the main countries of origin, the situation is fairly similar as seen in recent past with Ukraine and the Russian Federation dominating semis imports, whereas China, Russia, Ukraine and India are the main flat product exporters and Turkey and China the most important long product exporters.

    Total imports in 2014 are forecast to increase rather sharply, attracted by improving demand fundamentals in the EU and the relative strength of the Euro. This trend is expected to continue in 2015.

    Source – Strategic research Institute
  16. forum rang 10 voda 29 juli 2014 13:15
    Australian iron ore price dip to hit miners earnings

    SMH reported that Australia's iron ore miners will report higher profits next month, thanks to 12 months of brutal cost cutting and a huge increase in export volumes, which have more than offset lower export prices.

    But the trend for higher exports to outpace price declines is set to reverse soon. The new financial year is expected to herald the start of an earnings decline for the nation's iron ore industry that could run for several years.

    While the methods that have delivered better profitability in 2014 will be deployed again Australian miners are expected to raise iron ore exports by 12% in 2014 to 2015 most are tipping bigger declines in iron ore prices, with consensus suggesting the benchmark price will be between 15% and 20% lower.

    The lower profits are likely to be most pronounced at single sector iron ore miners such as Fortescue, Atlas and BC Iron, whose net profits after tax are tipped to fall by between 30% and 50% in fiscal 2015. That's despite plans to raise export volumes by more than 25% at Fortescue and 17% at Atlas.

    BHP Billiton and Rio Tinto produce several commodities but both rely on iron ore for more than half their earnings and the iron ore divisions of both are also tipped to suffer a slide in earnings over the next three years.

    The outlook is rosiest at Rio, where the falls are expected to be slight, and halted by a strong improvement in earnings towards the end of the decade when iron ore shipments are tipped to explode towards 360 million tonnes a year.

    The federal government's commodities forecaster, the Bureau of Resources and Energy Economics, in a recent outlook paper on the sector, said the volume of iron ore exports had risen by about 21% in 2013 to 2014 from the year before, while the value of iron ore exports rose by 30%.

    But in the 2015 financial year, the forecaster expects a 12% rise in export volumes to provide just a 3.1% rise in export value. The trade off for investors of a low iron ore price is the fall in capital spending, particularly at BC Iron, Atlas and Fortescue.

    Mr Stuart Howe analyst of Bell Potter said that the expected trend for declining profits should not scare investors away from certain picks in the iron ore sector. You might see profits falling away on falling commodity price outlooks, but dividends could hold up or in fact increase.

    Mr Howe said that BC Iron is particularly known for its strong dividends, while all other iron ore miners have also hinted at better dividends in the near future. The likes of Fortescue should be able to increase dividends as capital spending falls and they get debt under control, so that's something for retail investors.

    He said that "BHP and Rio will be shielded to some extent by their more diversified businesses, enabling progressive dividend growth."

    Source – SMH
  17. forum rang 10 voda 29 juli 2014 13:15
    Over 900 young people to begin their apprenticeship with ThyssenKrupp

    Over 900 young people will begin their apprenticeship with ThyssenKrupp on August 1st or September 1st 2014. It takes the total number of apprenticeship places in the Group in Germany to around 3,400, slightly higher than in 2013.

    Mr Oliver Burkhard, CHRO of ThyssenKrupp AG said that “We are delighted that so many young people have chosen ThyssenKrupp as their apprenticeship provider. Well-trained skilled workers are the basis for innovation and progress. The dual system of vocational education and training is a key success factor for the industrial group. From office clerk to chemical laboratory worker to materials tester to machinist, ThyssenKrupp offers well over 50 different apprenticeship occupations in Germany.”

    Mr Burkhard said that “The apprenticeship training rate has been steady at 5.6% for many years. Of the young people who finished their apprenticeships in 2013, 73% were retained. Most of ThyssenKrupp’s apprenticeship places continue to be in North Rhine-Westphalia, where over 60% of the Group’s apprentices complete their 3 year programs with various subsidiaries. In this way the Group is also meeting its responsibility for the region.”

    ThyssenKrupp has around 161,000 employees in just under 80 countries working with passion and expertise to develop solutions for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2012 to 2013 ThyssenKrupp generated sales of around EUR 39 billion.

    Innovations and technical progress are key factors in managing global growth and using finite resources in a sustainable way. With our engineering expertise in the areas of Mechanical, Plant" and Material we enable our customers to gain an edge in the global market and manufacture innovative products in a cost and resource efficient way.

    Source – Strategic research Institute
  18. forum rang 10 voda 29 juli 2014 13:17
    Big 3 iron ore miners in volume and price sweet spot

    Reuters reported that one thing has become clear from the latest production reports from the big three iron ore miners: They appear intent on ensuring their dominance by boosting low cost output.

    BHP Billiton mined a record 225 million tonnes of the steelmaking ingredient in the year to end June, beating its own forecast by 4%.

    BHP said in its latest production report that it expects to increase output further, to 245 million tonnes in the 2014 to 2015 financial year.

    Fellow Anglo Australian miner Rio Tinto boosted output 23% in the Q2 from the same period last year to 75.7 million tonnes. It also is forecasting higher annual output, with the quarterly report released on July 16 pointing to 2014 production of 295 million tonnes up 11% from 266 million in 2013.

    The world's biggest iron ore miner, Brazil's Vale , also had record output in the Q2 posting a 12.6% gain to 79.45 million tonnes. The company is planning to boost its annual output to 450 million tonnes by 2018 from 306 million last year.

    The three global iron ore giants have effectively gambled that they can continue to boost production and grab bigger slices of global demand, given that they can withstand lower prices due to their low cost mines and economies of scale.

    So far it seems to be a winning strategy as they don't appear to be battling to sell their output, and they are still likely to report strong profit growth as they reap the benefit of massive cost cutting programmes over the previous two years.

    The miners are apparently in a sweet spot. Staying there depends on iron ore prices not falling too much, which in turn is largely dependent on developments in China, buyer of about two-thirds of seaborne iron ore.

    Spot Asian iron ore has fallen nearly 30 percent this year, but at the July 25 closing price of USD 94.30 a tonne it was 6% higher than the mid June low of USD 89.

    Revelations that iron ore is being used as a financing tool in China have also stoked concerns that inflated inventories could be sold quickly as fears mount in the wake of a scandal involving the use of a single cargo for multiple credit deals.

    However, the outlook for iron ore demand has improved recently with the HSBC and MarkitFlash Manufacturing Purchasing Managers' Index rising to an 18 month high, suggesting the Chinese economy is rebounding.

    Source - Reuters
  19. forum rang 10 voda 29 juli 2014 13:18
    Turkish iron ore imports up in first 5 months

    According to statistics released by the Turkish Statistical Institute, Turkey’s iron ore imports totaled 3.36 million tonnes during the first five months of this year up by 0.15% in comparison to the same period of 2013.

    Among them, Brazil was the largest iron ore exporter to Turkey with 1.19 million tonnes down by 3.54%; Finland was the second largest one with 823,718 tonnes up by 22.62% both compared to the figures in the same period of last year.

    In May, the country’s imports of iron ore totaled 634,168 tonnes down by 18.27 compared to the previous month.

    Source - www.yieh.com
  20. forum rang 10 voda 29 juli 2014 13:19
    Japan's steel exports drop in June

    According to data released by Japan Iron & Steel Federation, Japan’s exports of common steel products dropped to 3.58 million tonnes in June down by 2.1% compared to the same month of last year.

    The total export revenue generated by steel products amounted to JPY 332.9 billion down by 0.4% on the prior comparable period.

    Steel exports to Asia dropped by 4.8% to 2.75 million tonnes YoY while shipments to China totaled 512,000 tonnes up by 5% on year. Japan’s steel exports to the US increased by 18.5% to 205,000 tonnes.

    Source - www.yieh.com
35.173 Posts
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