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In December 29th the domestic and abroad steel related information collection

Business agency inquiry of December 29th
Introduction: Korea preliminary Chinese H type steel dumping; India coil prices continue to steady the end of East Asia; weak H type steel market in November; Pakistan iron and steel imports grew 40.14%; Russia Xinyu open trade logistics office in Brazil; Turkey 1-10 month of color coated galvanized coil outlet drops compared to the same period 18.6%; 1-11 month crude steel output rose 2.9% in Sweden price low American operation; profile. Raw materials: Russian Metalloinvest and NLMK announced pellet contract renewal by the end of next year; transparent transactions under a 10 tonnes of iron ore.
The Asia
Foreign media: Korea preliminary Chinese H type steel dumping
According to Bloomberg News quoted the Korean media "economic news" reported that South Korea, South Korea initially identified Chinese H type steel dumping. Anti dumping tax rate would be set at around 17.69%-32.72% estimation.
India hot rolled coil prices continue steady
This week, India coil prices continue to stabilize, market liquidity is tight, the order quantity is limited. 3mm commodity volumes ex factory price for the 515-544 USD / ton.
At the end of H type steel market weakness in East Asia
Near the New Year holiday, East Asia H type steel market demand seasonal weakness, market trading was light, South Korea on Chinese H profiles of anti-dumping case verdict could make China H type steel export market one disaster after another.
In November, Pakistan iron and steel imports increased by 40.14%
According to Pakistan's National Bureau of Statistics (PFBS) data, in November this year, Pakistan iron and steel scrap imports for 176008 tons, a decline of 12%, grow 30.9% compared to the same period.
- Europe
The Russian Xinyu open trade logistics office in Brazil
Russia's new steel (NLMK) announced the opening of trade offices in Brazil, St Paul, set up a logistics offices in San Francesco, a move aimed at strengthening the position of Russia in Xinyu Iron and Steel Co. in Brazil and other South American market.
The Russian Metalloinvest and NLMK announced pellet contract renewal by the end of next year
The world's leading iron ore and hot briquetted iron (HBI) is one of the producers of Russian Metalloinvest claimed, with Russian Xingang (NLMK) signed a long-term supply contract will renew the pellet by December 31, 2015.
1-10 month Turkey color coated galvanized coil exports fell by 18.6% year on year
According to the Turkey Bureau of Statistics (TUIK) data, this year 1-10 month Turkey color coated galvanized coil (PPGI) exports amounted to 149431 tons, 18.6% year-on-year decline; realize export revenues of $150800000, 22.6% year-on-year decline.
1-11 month crude steel output rose 2.9% in Sweden
According to the Swedish Steel Manufacturers Association (Jernkontoret) data, in Sweden in November, crude steel production is 406000 tons, annulus comparing growth of 2.7%, year-on-year growth of 0.2%.
The America
Section prices low America operation
USA profile prices remain a low-cost operation, it is expected that in December the import volume will be seasonal decrease. Earlier this month USA steel mills announced structure profiles for USD 40 / ton (2 U. S. dollars / CWT), wide flange steel price from 41 U. S. dollars / CWT ($820 / ton) down to 39 U. s.dollars / CWT ($780 / CWT) (FOB plant).
- Australia
Transparent transactions under a 10 tonnes of iron ore
According to statistics, at present, China only from an Australian mining company BHP Billiton has imported 10 tonnes of iron ore, of which 9 tons are imported in recent 12 years, and the first 1 tonnes of spent nearly 30 years. Relatively rare supernormal growth of such.
(source: business agency)



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