Monthly Archive April, 2009 News Back April, 2009 News Title Publish Date Iron ore and steel imports rally depresses Chinese market Apr 30, 2009 Rebar price hikes in CIS and Turkey Apr 30, 2009 Brazilian domestic steel price under sever pressure Apr 30, 2009 Ukraine mills to fail in fulfilling billet orders Apr 30, 2009 Turkish section steel prices volatile Apr 30, 2009 Vale’s iron ore output drops by 37% Apr 30, 2009 German steel buyers returning on cautious note Apr 29, 2009 CIS’s billet price not competitive in Iranian market Apr 29, 2009 U.S. scrap export prices up slightly in April Apr 29, 2009 Global steel demand may be down by 15% this year Apr 29, 2009 North Africa buys more rebar Apr 29, 2009 Rays of recovery - BlueScope sees signs of Chinese upturn Apr 29, 2009 Experts expect permanent cut at ArcelorMittal Apr 28, 2009 3 steel plants in Saudi Arabia up for sale Apr 28, 2009 Monday Market Monitor - CIS (WEEK 17) - Longs strengthening Apr 28, 2009 China CRC export price export increase Apr 28, 2009 China HRC export price recover Apr 28, 2009 China rebars and wire rod export price witness fluctuation Apr 28, 2009 China steel makers, iron ore suppliers in stand-off in price talks Apr 27, 2009 Merrill Lynch sees Brazilian 2009 steel prices down by 25% Apr 27, 2009 India may impose 15% import tax on HR product Apr 27, 2009 Iran''s rebar imports decrease Apr 27, 2009 Japanese H2 scrap average prices up Apr 27, 2009 Ukraine to supply construction steel for Iraq Apr 27, 2009 Iron ore price negotiations - Vale makes payments flexible Apr 26, 2009 Steel billet up on N Africa demand but rally seen short lived Apr 26, 2009 Turkey lifts rebar export price Apr 23, 2009 HR prices in China blips by 6% on week opening Apr 23, 2009 CR price up in Shanghai Apr 23, 2009 European rebar price hikes Apr 23, 2009 Tokyo Steel hikes rebar price Apr 23, 2009 CISA advises steelmakers how to survive Apr 22, 2009 Chinese steel prices falling Apr 22, 2009 CIS domestic rebar price goes up by $50/ton Apr 22, 2009 Recession reports - IMF sees unusually long period Apr 22, 2009 Egypt cancels protective taxes on steel sheets Apr 21, 2009 Chinese HRC export price fluctuate Apr 21, 2009 Steel prices to stay low on overcapacity - Baoshan Steel Apr 21, 2009 Vietnamese steelmakers raise steel prices Apr 21, 2009 Iron ore price negotiations - Forecasts revised down Apr 21, 2009 India mulling 15% duty on HR steel imports - Report Apr 20, 2009 Chinese steel mills lose more in March - CISA Apr 20, 2009 Japan and South Korea slash CRC price to take China market Apr 20, 2009 Recession reports - JFE Steel sees demand recovering in 3 to 5 years Apr 20, 2009 Scrap exports declined in Ukraine Apr 20, 2009 NMDC may stop export in case ore prices fall further by 40% Apr 19, 2009 Ukrainian mills slash domestic CR price Apr 19, 2009 CIS rebar prices soar Apr 19, 2009 Iron ore price likely to drop by 30% at least Apr 19, 2009 Steel mills in South East expect iron ore price to fall by 44~45% Apr 19, 2009 HRC demand in Latin America weakens Apr 19, 2009 GCC urged to act against cheap steel imports Apr 18, 2009 Qatar Steel to start new rebar mill next month Apr 18, 2009 Turkish flat prices keep skidding Apr 16, 2009 GCC urged to act against cheap steel imports Apr 16, 2009 Qatar Steel to start new rebar mill next month Apr 16, 2009 Chinese traders optimistic on steel market despite limited export Apr 16, 2009 Egypt to cut import tariffs on flat steel Apr 16, 2009 European rebar prices rebound Apr 16, 2009 Indian Steel prices - week opens on a positive note Apr 15, 2009 Emirates Steel sees UAE demand down 40% Apr 15, 2009 Japanese rebar demand may hit 32 year low in 2009 Apr 15, 2009 Steel capacity surplus not to ease up in two years Apr 15, 2009 ArcelorMittal cuts production further Apr 15, 2009 China''s steel exports down in March Apr 14, 2009 Chinese rebar and wire rod export price remain quiet Apr 14, 2009 Chinese HDG export price remain weak Apr 14, 2009 Chinese CRC export price to drop further Apr 14, 2009 Chinese HRC export price remain quiet Apr 14, 2009 South Korea HRC import prices soften Apr 14, 2009 China''s HR coil market sinks to a second bottom Apr 13, 2009 Turkish mills to decrease production due to shortage of scrap Apr 13, 2009 China''s CRC and HDG returns to European market Apr 13, 2009 Brazilian mills run at 47.5% of capacity in first two months Apr 13, 2009 U.S. wire rod price continues to go down Apr 13, 2009 Iron ore price negotiation - POSCO seeks 50% cut Apr 12, 2009 Turkey''''s scrap prices stand stable Apr 12, 2009 Steelmakers struggling to make payments to suppliers Apr 12, 2009 Japanese ferrous scrap export price rises at monthly tender Apr 12, 2009 Chinese steel prices decline decelerates Apr 12, 2009 Iron ore price negotiation - CISA refuses 20% cut proposal Apr 11, 2009 Chinese iron ore imports hit record 51 million tonnes Apr 11, 2009 Recovery observed in Russian markets Apr 11, 2009 Steel traders predict bleak pricing scenario Apr 11, 2009 Indian iron ore exports seen down by 15 to 20% in 2009-10 Apr 9, 2009 China to halt 70% iron ore output on falling price Apr 9, 2009 Australia expected to export less iron ore Apr 9, 2009 Saudi Arabia"s flat market remains calm on weak demand Apr 9, 2009 Unstable balance in scrap market Apr 9, 2009 What would fall in global iron ore prices mean? Apr 8, 2009 Goldman Sachs sees Europe to lag behind in economic growth Apr 8, 2009 European steel stock gains on positive Merrill note Apr 8, 2009 Canada lifts AD duty on HR steel plate from SA and Russia Apr 8, 2009 Global steel consumption to shrink by 17% in 2009 - Deutsche Bank Apr 8, 2009 China’s HRC prices drop again Apr 8, 2009 SEAISI sees steel prices decline to continue Apr 7, 2009 Turkish rebar prices rebound Apr 7, 2009 UAE steel prices continue to fluctuate Apr 7, 2009 China CRC export prices drop further Apr 6, 2009 Chinese HRC export price further decrease Apr 6, 2009 Billet prices from CIS to the MEA increase by USD 20 Apr 6, 2009 Japanese mills offer low HRC price to Philippines Apr 6, 2009 Middle East Steel prices dips under pressure of cheap imports Apr 5, 2009 Indian iron ore FOB spot price slide by 35% in last 49 days Apr 5, 2009 Iron ore price negotiations - Forecasts revised down Apr 5, 2009 Iron ore price negotiations - Oversupply may lead to discounts - Mysteel Apr 5, 2009 Belorussia to cancel export duty Apr 5, 2009 Global billet prices up Apr 5, 2009