Monthly Archive December, 2009 News Back December, 2009 News Title Publish Date CISA warns steel makers to face low pricing scenario – 31 Dec 09 Dec 31, 2009 Firm scrap and iron ore prices underpin Black Sea billet trade – 31 Dec 09 Dec 31, 2009 Macroeconomic indicators - US economy seen fragile – 31 Dec 09 Dec 31, 2009 Kingdom’s steel production to rise 50%, says official - 31 Dec 09 Dec 31, 2009 Monday Market Monitor - India (WEEK 53) - How much is too much – 30 Dec 09 Dec 30, 2009 Hurdles ahead for Iran to become steel major – 30 Dec 09 Dec 30, 2009 Credit Suisse recommends buying steelmakers next year – 30 Dec 09 Dec 30, 2009 Steel price rise: Cost pressures – 30 Dec 09 Dec 30, 2009 Scrap Supports Middle East Market– 30 Dec 09 Dec 30, 2009 China may compete with Japan for metallurgical coke supplies – 30 Dec 09 Dec 30, 2009 Vale to work at full production capacity in 2010 – 30 Dec 09 Dec 30, 2009 Long product market players in India facing dilemma – 29 Dec 09 Dec 29, 2009 Commerce Ministry: Chinese trade to face tough times in 2010 - 29 Dec 09 Dec 29, 2009 China to push for more consumption in home appliances and automobile sectors - 29 Dec 09 Dec 29, 2009 Monday Market Monitor - Middle East (WEEK 53) – Deadlocked - 29 Dec 09 Dec 29, 2009 Khouzestan steel raises export price for billet - 29 Dec 09 Dec 29, 2009 Monday Market Monitor - Scrap (WEEK 53) - Marching north - 29 Dec 09 Dec 29, 2009 China to establish rare metal reserve system in 2010 - 29 Dec 09 Dec 29, 2009 Iron ore spot prices reach record high this week - 29 Dec 09 Dec 29, 2009 Chinese flat steel prices set to dazzle in New Year - 29 Dec 09 Dec 29, 2009 Turkey’s steel mills to buy billet from CIS – 28 Dec 09 Dec 28, 2009 Indian iron ore price to up – 28 Dec 09 Dec 28, 2009 FIMI sees 5pct increase in spot export prices Indian iron ore – 28 Dec 09 Dec 28, 2009 Mobarakeh steel exports in last 9 months up by 40pct – 28 Dec 09 Dec 28, 2009 Scrap metal generation expected to fall significantly – Report – 28 Dec 09 Dec 28, 2009 Steel prices rise in China will affect the raw materials price – 28 Dec 09 Dec 28, 2009 Chinese steel traders increasing inventory to combat winter storages – 28 Dec 09 Dec 28, 2009 - European steel industry disappointed by Copenhagen deal – 24 Dec 09 Dec 24, 2009 Christmas Is A Merry Holiday – 24 Dec 09 Dec 24, 2009 Iron ore price negotiations - High spot prices fuelling great hike – 23 Dec 09 Dec 23, 2009 JFE to raise steel export prices in Asia by up to 15pct – 23 Dec 09 Dec 23, 2009 Fitch: CIS steel industry expected to stabilize in 2010 – 23 Dec 09 Dec 23, 2009 Alcoa, Saudi Arabia to invest $11B in venture – 23 Dec 09 Dec 23, 2009 FE Editorial : Not all prices are rising at 20% – 23 Dec 09 Dec 23, 2009 Monday Market Monitor - China (WEEK 51) - Intransigence continues - – 23 Dec 09 Dec 23, 2009 Monday Market Monitor - Scrap (WEEK 51) - Halloween lights – 23 Dec 09 Dec 23, 2009 Taiwan''s seamless tubes statistic in November- 22 Dec 09 Dec 22, 2009 ThyssenKrupp CEO warn of new market bubbles – 22 Dec 09 Dec 22, 2009 US steel scrap prices on upward trend – 21 Dec 09 Dec 21, 2009 Steel prices on the brink of transition in India – 21 Dec 09 Dec 21, 2009 MEA rebar producers face cramped elbow room – 21 Dec 09 Dec 21, 2009 China calls for opposition to BHP, Rio merger- 21 Dec 09 Dec 21, 2009 Fitch Ratings sees steel rebounding in next 18 months – 21 Dec 09 Dec 21, 2009 IRAN MARKET TREND IN WEEK 50 Dec 20, 2009 Where Scrap Will Go in 2010 ? Dec 20, 2009 Iron ore price surges to new annual high – 20 Dec 09 Dec 20, 2009 LME plans to create first global steel futures – 20 Dec 09 Dec 20, 2009 China’s Coking Coal Shortage to Spur Demand Fight – 20 Dec 09 Dec 20, 2009 Europe lifts scrap steel export price to Turkey – 20 Dec 09 Dec 20, 2009 Vale expects higher iron ore prices next year – 20 Dec 09 Dec 20, 2009 Steel prices set to go up next month – 20 Dec 09 Dec 20, 2009 ANALYSIS - Raw material bottlenecks to buoy steel prices – 20 Dec 09 Dec 20, 2009 Scrap Will Not Be Cheap – 17 Dec 09 Dec 17, 2009 Brazil to become biggest iron ore exporter – 17 Dec 09 Dec 17, 2009 Iron ore price negotiations - Macquarie and JPMorgan hike forecast – 17 Dec 09 Dec 17, 2009 Brazil steel distributors inventories are dangerously low – Report – 17 Dec 09 Dec 17, 2009 Chinese flat product capacity needs to be curbed – CISA – 17 Dec 09 Dec 17, 2009 BHPB bid for Rio - CISA in talks with Vale to throw spanner - 15 Dec 09 Dec 15, 2009 Erdemir to cut carbon steel flat product prices for January 2010 - 15 Dec 09 Dec 15, 2009 Japanese steel mills settle CR exports prices to Asian clients - 15 Dec 09 Dec 15, 2009 Monday Market Monitor - Iron Ore (WEEK 50) – Stagnant- 15 Dec 09 Dec 15, 2009 German researchers develop new method using EMPT to cut steel -14 Dec 09 Dec 14, 2009 Rays of recovery - OECD sees steel market recovering -14 Dec 09 Dec 14, 2009 Construction of subway and rail transit line take place across China -14 Dec 09 Dec 14, 2009 Recession reports - International investment collapses in 2009 – OECD - 14 Dec 09 Dec 14, 2009 Macroeconomic indicators - China seeing V shaped recovery - 14 Dec 09 Dec 14, 2009 JFE Steel to hike export price for January to March period – 13 Dec 09 Dec 13, 2009 Chinese domestic HR price to pick up in H1 of 2010 - Mr Zhang – 12 Dec 09 Dec 12, 2009 China to shut down steel mills with capacity under 1 million tons – 12 Dec 09 Dec 12, 2009 Iron ore price negotiations - China readies guns – 12 Dec 09 Dec 12, 2009 Indonesia could change coal pricing policy – 10 Dec 09 Dec 10, 2009 India needs to import 29 million tonne steam coal in 2009-10 – 10 Dec 09 Dec 10, 2009 Iron ore stockpiles at China major ports – 08 Dec 09 Dec 9, 2009 MMK ink five year coking coal supply agreement – 08 Dec 09 Dec 9, 2009 Egyptian steel companies cut back production – 08 Dec 09 Dec 9, 2009 China’s Ministry of Land and Resources to curb land supply – 08 Dec 09 Dec 9, 2009 Strong dollar to hurt mining profits -Mr Barnet – 08 Dec 09 Dec 9, 2009 Vietnam domestic steel prices continue on upward trends – 08 Dec 09 Dec 9, 2009 European scrap prices hold steady – 08 Dec 09 Dec 9, 2009 Wuhan Steel to pay $400 million for MMX stake – 08 Dec 09 Dec 9, 2009 China may add 50 million tonne steel capacity in 2010 – 08 Dec 09 Dec 8, 2009 Iron ore price negotiations - UBS sees 20pct hike in 2010 - 07 Dec 09 Dec 7, 2009 Ohio Lawmakers Say Chinese Trade Practices Hurting U.S. Steel Industry – 03 Dec 09 Dec 7, 2009 IRAN MARKET TREND IN WEEK 47 Dec 3, 2009 Construction starts on new 10 Mt/y Australian iron-ore mine - 02 Dec 09 Dec 2, 2009 Turkish 2010 iron and exports to reach USD 6 billion - 02 Dec 09 Dec 2, 2009 Chinese steel demand to increase in near future - CISA - 02 Dec 09 Dec 2, 2009 China has biggest nuclear power capacity under construction - 02 Dec 09 Dec 2, 2009 Downward pressure continues on steel prices in the developing nations - 01 Dec 09 Dec 1, 2009 Small scale steel mills will have to shut down - 01 Dec 09 Dec 1, 2009