July 31, 2012 | Posted by Bureau
 The global economic slowdown, particularly the ongoing debt crisis in Europe and the lower rate of growth in China is having a significant impact on the bottomlines of major steel manufacturers around the globe. Nippon Steel’s April-to-June profit plunged to 9.3 billion yen from 57 billion yen a year earlier, the company said on Monday [...]
Categories: News | 
Tags: ArcelorMittal, carbon steel, global economic slowdown, JFE, Nippon Steel, POSCO, steel manufacturers, Sumitomo Metal Industries | 
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July 21, 2012 | Posted by Bureau
 Margins of major steel manufacturers in different parts of Asia are likely to be impacted by the slowdown in demand for steel in China and the consequent rise in exports to their countries. In the first half of 2012, Chinese steel exports stood at 27.26 mn tonnes, the highest comparative figure since 2008. Posco, the [...]
Categories: News | Tags: Asian steel manufacturer, Baoshan Iron & Steel, Chinese slowdown, Chinese steel exports, European crisis, hot-rolled coil, JFE, Nippon Steel, POSCO, SAIL, South Korean major, special steel, stainless steel assets, steelmakers, Tata Steel | No Comments »
