Analysts: Discontinuity 'Surprises' Steel Market

July 2005
Metal Center News;Jul2005, Vol. 45 Issue 8, p4
Trade Publication
The article presents information related to the steel market. In early 2003, the global steel industry entered an age of discontinuity. Since then, the pattern of events has been inconsistent with those of the prior years. In mid-2003, the industry entered an age of steelmakers' metallics, which culminated in 2004 with extraordinary increases in steel prices and in early 2003 with the massive increase in iron ore and coking coal prices. Global steel demand in 2005 will be higher than in 2004, although the year-to-year gain will be less than in 2004. Steel scrap prices have fallen enormously since November 2004.


Related Articles

  • Iron ore at the crossroads.  // Engineering & Mining Journal (00958948);Jul96, Vol. 197 Issue 7, p105 

    Reports on the production of the iron and steel industries. Iron ore production; Raw steel output; Mine operating costs for iron ore; Steel consumption outlook.

  • Increase in China's iron ore imports expected to slow.  // Mining Engineering;Jun2006, Vol. 58 Issue 6, p16 

    Reports on the state of the market for iron and steel in China. Expected increase in imports of iron ore; Iron ore output from Chinese operations in 2006; Expected production of steel in 2006.

  • Preliminary Investigation into Utilization of Wastes from Iron and Steel Industries in Nigeria as Fine Aggregate Replacement in Concrete Application. A., Akinbinu V. // Proceedings of the International Conference on Waste Technology ;2010, p611 

    A major environmental concern in the iron and steel industry in Nigeria is associated with the management of the industrial wastes generated in their different processes since it is becoming increasingly difficult for safe disposal of these huge volumes. The solid waste generated includes iron...

  • AN IRON GRIP. Skotnicki, Tom // BRW;3/16/2006, Vol. 28 Issue 10, p25 

    The article reports on the possibility for global iron ore producers to increase ion ore contract prices by more or less 10 percent. China is sensitive to the issue on iron ore prices. It has complained for being locked out in the negotiations with big Japanese mills. Analysts predict that the...

  • Minerals and energy commodities: Iron ore and steel.  // Australian Commodity Statistics;2009, p281 

    The article presents several statistics related to Australian and world production of steel and iron ore from 1965 to 2009 including Australian exports, imports, and disposal, and world iron ore prices and steel production.

  • Study on deep reduction of oolitic hematite assisted with microwave radiation. Zhihong Ma; Jinzhu Zhang; Wei Li; Jing Chen // Advanced Materials Research;2014, Vol. 941, p2574 

    The oolitic hematite will be a potential source of raw iron ore for the Chinese iron and steel industry. Up to now, the oolitic hematite have hardly been utilized effectively by any single traditional technology. The deep reduction assisted with microwave radiation may be a practical technology...

  • India at the crossroads.  // Revue de Métallurgie;Nov2010, Vol. 107 Issue 10/11, p415 

    India, which produced nearly 67 Mt steel in 2010, aims to produce, in the near future, more than 100 Mt/year and to become, after China, the second largest steelmaker worldwide. To do this, India benefits from large iron ore reserves, especially of high-grade hematites, which presently...

  • Chinese Steel Enterprises' Strategies under the Pricing Model of Iron Ore in the World. Jiaqing Li; Lihui Sun // International Journal of Business & Management;May2010, Vol. 5 Issue 5, p211 

    With the global non-renewable resources' shortage and prices rising, Chinese steel enterprises' production costs continue to grow. On the background of the global iron ore negotiation, the article analyzes the steel enterprise's vulnerable position in the iron ore negotiations and the...

  • Iron ore miners at a crossroads. Ingram, Tess // Australian Financial Review (0404-2018);8/24/2015, p18 

    The article focuses on the challenging market for iron ore miners as volatile iron ore price has declined over the past 18 months to as low as 44 dollars a tonne in July, 2014 before recovering to current levels of around 55 dollars a tonne.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics