Steel News https://www.scrapregister.com/rss/suppliers Global SCRAP REGISTER en-us 2017-12-16T06:56:52+01:00 tranzmedia.com Scrapregister.com https://www.scrapregister.com//images/web/logo.png https://www.scrapregister.com/ Chinese Crude Steel output declines 8.6 percent m/m in November https://www.scrapregister.com/>uploads/news/2017/12/5011766331513331404 https://www.scrapregister.com/news/43803/chinese-crude-steel-output-declines-8.6-percent-mm-in-november https://www.scrapregister.com/news/43803/chinese-crude-steel-output-declines-8.6-percent-mm-in-november Chinese crude steel output has declined 8.6 percent month on month to 66.15 million metric tons during the month of November this year, but up 2.2 percent as compared to last year, according to the latest data released by the National Bureau of Statistics. MEPS gives positive outlook for EU Steel prices in 2018 https://www.scrapregister.com/>uploads/news/2017/12/14550371371513255124 https://www.scrapregister.com/news/43798/meps-gives-positive-outlook-for-eu-steel-prices-in-2018 https://www.scrapregister.com/news/43798/meps-gives-positive-outlook-for-eu-steel-prices-in-2018 A negative price adjustment is, however, anticipated in the final year of the decade as raw material costs come under negative pressure. European HRC Steel imports plunge during Jan-Oct https://www.scrapregister.com/>uploads/news/2017/12/569970691513147809 https://www.scrapregister.com/news/43786/european-hrc-steel-imports-plunge-during-jan-oct https://www.scrapregister.com/news/43786/european-hrc-steel-imports-plunge-during-jan-oct European Union hot-rolled coils imports has plunged by 9.5 percent year-on-year to 5.73 million tons during the first ten months of this year, according to latest data released by the European Commission. US October Steel shipments advance 12.8% y/y https://www.scrapregister.com/>uploads/news/2017/12/1220942281513080104 https://www.scrapregister.com/news/43781/us-october-steel-shipments-advance-12.8-yy https://www.scrapregister.com/news/43781/us-october-steel-shipments-advance-12.8-yy United States mills has shipped 7,710,777 net tons of steel during the month of October this year, an increase of 12.8 percent from the 6,832,801 net tons shipped in October 2016, according to the latest figures released by the American Iron and Steel Institute (AISI). Why Indian Steel demand slow to realise its growth potential? https://www.scrapregister.com/>uploads/news/2017/12/20827546311513069840 https://www.scrapregister.com/news/43779/why-indian-steel-demand-slow-to-realise-its-growth-potential https://www.scrapregister.com/news/43779/why-indian-steel-demand-slow-to-realise-its-growth-potential An important takeaway from this debate is that India has been making steady, if not impressive, progress in its reform efforts and the process may even gather pace with every Indian state competing to improve their business and investment environment. US domestic Raw Steel production increases 7.8% to 1,720,000 net tons https://www.scrapregister.com/>uploads/news/2017/12/17570623521513069416 https://www.scrapregister.com/news/43778/us-domestic-raw-steel-production-increases-7.8-to-1720000-net-tons https://www.scrapregister.com/news/43778/us-domestic-raw-steel-production-increases-7.8-to-1720000-net-tons United States domestic raw steel production has increased by 7.8 percent to 1,720,000 net tons in the week ended on December 2, 2017, while the capability utilization rate was 73.8 percent, according to the latest figures released by the American Iron and Steel Institute (AISI). US domestic Raw Steel increases 7.8 percent: AISI https://www.scrapregister.com/>uploads/news/2017/12/15534236281512460124 https://www.scrapregister.com/news/43739/us-domestic-raw-steel-increases-7.8-percent-aisi https://www.scrapregister.com/news/43739/us-domestic-raw-steel-increases-7.8-percent-aisi United States domestic raw steel production was 1,720,000 net tons in the week ended on December 2, while the capability utilization rate was 73.8 percent, according to the latest data released by the American Iron and Steel Institute (AISI). US domestic Raw Steel production increases 7% to 1,703,000 net tons https://www.scrapregister.com/>uploads/news/2017/12/12993182151512383923 https://www.scrapregister.com/news/43732/us-domestic-raw-steel-production-increases-7-to-1703000-net-tons https://www.scrapregister.com/news/43732/us-domestic-raw-steel-production-increases-7-to-1703000-net-tons United States domestic raw steel production was 1,703,000 net tons in the week ended on November 25, while the capability utilization rate was 73.0 percent, according to the data released by the American Iron and Steel Institute (AISI). India Stainless Steel output likely to reach 4 MT in 2018 https://www.scrapregister.com/>uploads/news/2017/12/11741683131512126482 https://www.scrapregister.com/news/43725/india-stainless-steel-output-likely-to-reach-4-mt-in-2018 https://www.scrapregister.com/news/43725/india-stainless-steel-output-likely-to-reach-4-mt-in-2018 Indian stainless steel output continues to expand at a rate of 8 to 9 percent, year-on-years. It is expected to reach 4 million tonnes, in 2018. This growth is supported by increasing domestic demand from the automotive sector, as well as house-building and infrastructure. North America HRC Steel price likely to advance in December https://www.scrapregister.com/>uploads/news/2017/11/3729017581512041701 https://www.scrapregister.com/news/43716/north-america-hrc-steel-price-likely-to-advance-in-december https://www.scrapregister.com/news/43716/north-america-hrc-steel-price-likely-to-advance-in-december The upturn for hot rolled coil is forecast to be greater than that for cold rolled and galvanised material. MEPS anticipates that long product selling figures will be steady until the end of the year. Delivery lead times from local steelmakers are relatively short.