Monthly Archive March, 2009 News Back March, 2009 News Title Publish Date China to raise export rebate for steel from April 1st 2009 Mar 29, 2009 Rio Tinto"s iron ore chief expects prices to fall Mar 25, 2009 Russia"s exports may dive by 45% Mar 25, 2009 Chinese steelmakers facing hard times Mar 25, 2009 U.S. scrap market expects more price falls Mar 25, 2009 Posco"s production losses may hit 1 million tons in Q3 Mar 25, 2009 Turkish billet exports plunge in February Mar 18, 2009 Indian steel makers best positioned globally Mar 18, 2009 U.S. steel prices fall slowly in February Mar 18, 2009 Export rebates likely to increase in China Mar 17, 2009 Macroeconomic indicators - World economy to contract by 1% Mar 17, 2009 Saudi Arabia considers to cancel steel export ban Mar 17, 2009 Global iron ore export up by 7% in 2008 Mar 17, 2009 China"s steel stock hit highest level in March Mar 17, 2009 Demand for rebar in Middle East drops Mar 17, 2009 Section steel depreciated in its value in Turkey Mar 16, 2009 China steel industry eyes competitiveness fall - UBS Securities Mar 16, 2009 Ukraine’s steel output to drop this year Mar 16, 2009 Indian iron ore price sink by another 14% Mar 16, 2009 Miners and steelmakers in war over ore prices Mar 16, 2009 Ukrainian coal production down 10.5% in 2 months Mar 16, 2009 Iron ore price negotiation - ANZ sees 40% fall Mar 14, 2009 Brazil iron ore output could fall by 30% in 2009 Mar 14, 2009 Iron ore price negotiations - Present conditions favoring buyers Mar 14, 2009 Japanese billet export price hits first drop in 2 months Mar 14, 2009 No sign of financial crisis in India - RBI Mar 14, 2009 CIS pig iron export prices slip amid lull in buying Mar 14, 2009 Russian oil export duty to drop on April Mar 12, 2009 Billet and slab import prices continue slide in Italy Mar 12, 2009 Erdemir sees no recovery in demand Mar 12, 2009 China witnesses lower HRC import price Mar 12, 2009 Afghanistan"s copper deposits may hold key to future Mar 11, 2009 Egyptian steel producers demand duties on rebar import Mar 11, 2009 Turkey to cut rebar prices Mar 11, 2009 Thailand"s steel prices continue to dip Mar 11, 2009 World Bank says global economy will shrink in 2009 Mar 11, 2009 World"s biggest banks to meet in London: Report Mar 11, 2009 CIS slashes billet price to Iran Mar 10, 2009 Turkey to cut rebar prices Mar 10, 2009 Chinese plate export prices remain weak Mar 10, 2009 Slowdown signs - Indian exports fall by 13% in February Mar 10, 2009 Iron ore price negotiations - Benchmark system may end Mar 9, 2009 Malaysia to build USD 1.6 billion stainless steel plant Mar 9, 2009 Chinese SBQ plate market heavily over supplied Mar 9, 2009 HR prices crash by USD 50 at Black Sea this week Mar 8, 2009 China: Scrap prices on reducing trend Mar 8, 2009 Taiwan"s import price of billet drops to C&F US$350/ton Mar 8, 2009 US slabs buyers waiting for drop in prices to USD 300 CFR levels Mar 8, 2009 CIS rebar price fall likely to continue Mar 8, 2009 Production pruning - US steel mills operating at 41% capacity Mar 7, 2009 Chinese steel prices drop below costs Mar 7, 2009 Italy’s steel output to plunge sharply in Q1, 2009 Mar 7, 2009 Steel Demand Continues To Slide Mar 7, 2009 Iron ore price negotiations - Miners plan to delay talks Mar 7, 2009 Iron ore price negotiations - Chinese want 50% cut Mar 7, 2009 Ukrainian steel production to drop to 30 million tonnes in 2009 Mar 5, 2009 East Asian HR market on downward trend Mar 5, 2009 Russia can become scrap importer Mar 5, 2009 US scrap market on downward trend Mar 5, 2009 Tokyo Steel cuts scrap purchase prices by JPY 1,000 a tonne Mar 5, 2009 Ukraine to impose extra 13% import tariff on certain products Mar 5, 2009 Turkey"s section steel prices fall Mar 4, 2009 Indian exports in January dip by 16% YoY Mar 4, 2009 Iron ore price negotiations - Expert predicts 25% fall Mar 4, 2009 U.S. billet prices continue to fall Mar 4, 2009 Russia offer lower billet prices Mar 4, 2009 Turkish buyers return to scrap market Mar 4, 2009 Iron ore price gap between spot and contract widens to 30% Mar 3, 2009 FOB Black Sea billet prices under severe pressure from buyers Mar 3, 2009 Middle East (WEEK 9) - Slide continues Mar 3, 2009 HR prices in EU getting closure to short term forecast Mar 3, 2009 MEA demand for steel could drop by 35% Mar 3, 2009 Egypt’s rebar mills face big challenge Mar 3, 2009 Iron ore price negotiations - EU and Japanese should lead Mar 2, 2009 HDG fell further in USA Mar 2, 2009 Iron ore price negotiations - Analysts see 30% cut Mar 1, 2009 FOB Black Sea billet prices under severe pressure from buyers Mar 1, 2009 Posco to further cut output by 30% Mar 1, 2009 Eurofer calls for strict steel trade laws on China’s steel exports Mar 1, 2009 Turkey cuts rebar export prices Mar 1, 2009 Steel and cement manufacturers of UA demanded duty on imports Mar 1, 2009