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SAIL Regulations : Indian Steel Product Prices Increase


Steel Authority of India (SAIL) has made a policy to increase the sales price of a certain steel products. Increase the price of steel products 1.500/ton Rs. Steel products such increases, Hot Rolled (HR) and Cold Rolled (CR).

Nickel, Lead Rise to Records; Copper at 7-Month High on China


Nickel and lead rose to records and copper advanced to the highest in seven months in London on rising demand from China, the world’s largest consumer of all industrial metals.
Nickel use in China will grow 29 percent this year as the country’s stainless-steel industry expands, Macquarie Bank Ltd. said last week. China’s imports of copper [...]

AK Steel Forecast 1Q Shipments Flat With 4Q, Increased Prices and Higher Raw Material Costs


AK Steel Holding Corp. said Tuesday it expects steel shipments in the first quarter to be flat with the fourth quarter but forecast a modest rise in prices.
AK Steel shipped 1.5 million tons of steel in the fourth quarter at an average selling price of $1,041 per ton. The company expects prices to rise between [...]