Hyundai Steel reports higher net profit for Q2 amid increased sales volumes Hyundai Steel (Hyundai) [1] , the South Korean steelmaker, has released its financial results for the second quarter of this year. During this period, the company achieved a net profit of KRW 293.5 bi...
South Africa's H1 Base Metal Export Value Surges by 14.5% Based on data released by the South African Revenue Service (SARS) [1] , South Africa's exports of base metals and articles thereof in June this year reached a total value of ZAR 19.78 billion ($1.10...
US steel exports up 20.2 percent in June Based on preliminary census data from the US Department of Commerce, US monthly steel imports witnessed a significant increase in June 2023, rising by 20.2 percent compared to May, reaching a total of...
US cold finished bar exports up 5.2 percent in May Based on the export data from the US Department of Commerce [1] , US exports of cold finished bar in May 2023 amounted to 12,488 metric tons (mt), showing an increase of 5.2 percent from the previous...
US raw steel production up 1.5 percent week-on-week As of the week ending on July 22, 2023, the None [1] American Iron and Steel Institute (AISI) reported that US domestic raw steel production reached 1,741,000 net tons, with a capability utilization ...
US tin plate exports up 3.1 percent in May Based on the export data provided by the US Department of Commerce [1] , US tin plate exports in May 2023 amounted to 8,372 metric tons, showing a 3.1 percent increase from April but a 0.3 percent de...
US structural pipe and tube imports up 24.3 percent in May Based on the final census data from the US Department of Commerce [1] , it was reported that US imports of structural pipe and tube experienced significant growth in May 2023. The total imports reach...
Crude steel production increases again in Argentina According to Acero Argentino , the steel association of Argentina, crude steel production in June amounted to 463,600 metric tons, surpassing the 446,900 metric tons produced in May. In terms of speci...
Mexican Steel Market: Record-High Imports in May In May, the value of steel product imports in Mexico reached a new record high of $3.25 billion, representing a 12.5 percent increase compared to the previous year. This information is based on an ana...
US HRC exports up 40.4 percent in May In a recent report released by the US Department of Commerce [1] , it has been revealed that the United States witnessed a substantial surge in the export of hot rolled sheet in May 2023. The data sh...
US CRC imports up 85.2 percent in May Based on preliminary census data from the US Department of Commerce [1] , US imports of cold rolled sheet in May 2023 amounted to 128,463 metric tons, showing a substantial increase of 85.2% compared...
Blastr Green Steel and Cargill Partner to Accelerate Decarbonization of Steel Value Chain Blastr Green Steel [1] , a leading developer of ultra-low CO2 steel products, and Cargill [2] , a significant player in the global ferrous supply chain, have signed a strategic framework agreement to...
