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December, 2008 News

Title	Publish Date
Chinese steelmakers post CNY 12.8 billion loss in November	12/31/2008
Chinese welded steel pipe prices hold up	12/30/2008
Indian coal prices to keep stable	12/30/2008
Billet price up in Turkey, Ukraine, Russia	12/30/2008
Iron ore price rebound maybe short lived – Analysts	12/29/2008
Al Tawariqi Steel Mills to start production in Pakistan in 2009	12/29/2008
China steel firm set to raise prices	12/29/2008
More US companies expect higher prices - The Steel Index	12/29/2008
Chinese CR export market remains dull amid Ukrainian imports	12/29/2008
Korean November scrap imports down by 41% YoY	12/29/2008
US calls for using US made steel for infrastructure investments	12/28/2008
Production pruning - Brazilian November crude steel down by 20% MoM	12/28/2008
Posco eyes steel project in Indonesia	12/28/2008
JFE cutting 26% off production in H2	12/28/2008
China settles ship plate prices with Korea	12/28/2008
India"s iron ore shipments to China up in November	12/28/2008
50pc of Property Developers Put Plans on Hold	12/27/2008
Caspian Stal to build new mill in Aktau	12/27/2008
China may scrap steel export licensing regime – Reports	12/27/2008
Iron ore stocks drop at China"s main ports	12/27/2008
Low shipping cost makes China"s steel flat competitive in Germany	12/27/2008
PSM does not plan to cut prices further – Report	12/27/2008
Chinese steel mills raise HRC prices for January delivery	12/25/2008
Syrian HRC stocks at high level	12/25/2008
Recession reports - 2009 will be a really bad year – IMF	12/25/2008
Deutsche Bank sees US HRC prices to drop further in 2009	12/25/2008
French crude steel production drops in November	12/25/2008
Russia cancels tariff on steel for auto industry	12/25/2008
Chinese steel export estimated to be 62 million tonnes in 2009	12/24/2008
Turkey’s flat demand declines	12/24/2008
European and Middle East flat markets remain weak	12/24/2008
Taiwan’s billet prices rebound	12/24/2008
Why should govt fear steel imports?	12/23/2008
Tokyo Steel cuts scrap purchase prices by JPY 500 at 4 works	12/23/2008
Al-Ghurair Iron & Steel seeking protection from government	12/23/2008
American medium plate market weakens	12/23/2008
China may have its way in fixing ore prices –Analyst	12/23/2008
Scrap exported from US to China increases by 20 %	12/23/2008
Dull Steel demand to stay in 2009 – Experts	12/22/2008
China to inject CNY 30 billion into major economic development district	12/22/2008
British Rio Tinto abandoned US$10 billion Saudi joint venture	12/22/2008
Japanese ferrous scrap drops around Tokyo and Osaka	12/22/2008
China to import 424 million tonnes of iron ore in 2009 – Macquarie	12/21/2008
Toyota looks for a reduction in the steel prices by 30%	12/21/2008
Demand of rebar expected to decline by 30 percent	12/21/2008
Turkey to become net export country of flat product in the next five years	12/21/2008
November world crude steel output dips by 19% YoY	12/20/2008
Iron ore price negotiations - May fall by 25% to 40%	12/16/2008
China home appliance production slows	12/16/2008
20,000 Turkish workers in Russia lose jobs	12/16/2008
Production pruning - Tokyo Steel eyes 50% production cut	12/16/2008
Japanese general steel orders dropped sharply	12/16/2008
Exports of scrap metal by Philippine dropped	12/15/2008
Macroeconomic indicators - Falling industrial production is serious concern	12/15/2008
Recession reports - Mr Krugman sees it beyond 2011	12/15/2008
Slowdown signs - Dutch construction to shrink in next 3 years	12/15/2008
Indian Railways may reduce freight charges for iron ore export	12/15/2008
Iran to order 3 new supertankers to boost fleet	12/15/2008
China may buy steel for reserves, aid exports	12/14/2008
Vietnam steel consumption may fall by 14% in 2008	12/14/2008
Rio Tinto to delay $6 billion iron ore project	12/14/2008
Rio Tinto to cut 14,000 jobs	12/14/2008
Turkish mills urged to deepen production cuts	12/14/2008
Taiwanese rebar prices fall further	12/14/2008
Ukrainian steel makers stop imports of coke	12/13/2008
Turkish steel exports facing difficulties	12/13/2008
No buyer for slabs even at USD 350 a tonne FOB level	12/13/2008
GCC steel demand increased to 20 million tonnes last year	12/13/2008
Indian domestic steel prices continue to decline	12/13/2008
Chinese steel prices ascend	12/13/2008
Recession reports - US weekly raw steel production dips by 44% YoY	12/11/2008
China may ask iron ore price cut by 82%	12/11/2008
Corus stops buying steel scrap due to low orders	12/11/2008
Chinese steel prices to recover in 2009 – Analyst	12/11/2008
Recession reports - Collapse of US auto industry may cost major job loses	12/11/2008
Japanese steelmakers deepen production cut	12/11/2008
UAE Steel trade losses hit AED3 billion – Report	12/10/2008
Building materials get cheaper	12/10/2008
Indian domestic steel prices to come down by up to INR 1,000	12/10/2008
World economy shifted from West to East	12/10/2008
More steel traders in Korea collapse	12/8/2008
Merrill Lynch sees BHPB cut ore output by 25% in 2009	12/8/2008
Saint Petersburg plans to halt scrap exports	12/8/2008
Turkish steel exporters optimistic about GCC market	12/8/2008
China to hold the annual coal conference this month	12/7/2008
Makkah Istanbul railway to boost Saudi-Turkish ties	12/7/2008
Recession reports - Indian exports fall as demand dampens	12/7/2008
Poland flat-rolled steel market weakens	12/7/2008
Spot iron prices rose in China	12/7/2008
Scrap prices likely on upward trend in 2009: Ameristeel exec	12/7/2008
Coal price may remain weak for a long time	12/6/2008
Recession reports - Global metal demand to drop	12/6/2008
Steel companies likely to cut prices	12/6/2008
China"s real estate market declining	12/6/2008
Russian steel demand to fall in H1 of 2009 - Severstal	12/4/2008
Recession reports - Nippon Steel to cancel iron ore and coking coal shipments	12/4/2008
ArcelorMittal VP sees good times coming back	12/4/2008
Chinese domestic steel prices turning to stability	12/4/2008
Chinese HRC prices rebound	12/4/2008
Flat-rolled steel prices remain stable in South Europe, Middle East	12/4/2008
Analysis of iron ore concentrate market of Tangshan	12/3/2008
Flat product index in Middle East crash by 200 points over the weekend	12/3/2008
Recession reports - 20% of world capsizes fleet idle	12/3/2008
China’s huge investment to spur steel demand for 10 million tons	12/3/2008
Recession reports - Shipping sector doom music for Alang breakers	12/3/2008
LME base metal price slide on last Friday	12/3/2008
Chinese HRC export price further rebound	12/2/2008
Recession reports - ITA warns of global economic crisis on Gulf	12/2/2008
Indian steel ministry to push for higher import duty	12/2/2008
EU raises rebar export price	12/2/2008
Coal prices to slump in 2009	12/1/2008
Turkish scrap buyers wait for lower prices	12/1/2008
Indian iron ore exporters in trouble as Chinese LCs bounce	12/1/2008
Hyundai makes second steel price cut in 1 month	12/1/2008
Russian scrap exports decline during first 9th months	12/1/2008
World iron ore price drop looms despite output cuts	12/1/2008