Monthly Archive May, 2010 News Back May, 2010 News Title Publish Date Iron Ore Supply May Drop on Australian Tax, Citigroup Says- 31 May 10 May 31, 2010 Almost Like 2008- 31 May 10 May 31, 2010 Iron ore prices rebound as predicted on week opening- 31 May 10 May 31, 2010 Iron ore prices may increase by 25 percent in 2011- 31 May 10 May 31, 2010 Chinese steel mills likely to cut production in June- 31 May 10 May 31, 2010 Iran market trend- week 21 May 31, 2010 EU climate change policy back to realism May 31, 2010 Real estate policy beating down steel prices in China May 31, 2010 Rethinking needed for steel firms in Middle East May 31, 2010 Metalloinvest plans $320 million investment to build second mill in UAE - 30 May 10 May 30, 2010 Long products in South Europe suffering on weak demand- 30 May 10 May 30, 2010 European crisis effecting Indian economic scenario- 30 May 10 May 30, 2010 Production cuts for all steelmakers unlikely soon- 30 May 10 May 30, 2010 Spot iron ore slump may persist May 30, 2010 Too Much May 30, 2010 Frbiz analyzes the decline in iron ore prices in China May 27, 2010 International iron ore prices enter an ambiguous phase- 27 May 10 May 27, 2010 CR sheet market to fluctuate downhill in later period- 27 May 10 May 27, 2010 China may reduce export rebate rate for steel plates in July- 27 May 10 May 27, 2010 Hebei Steel and Shagang reduce EXW prices for steel- 27 May 10 May 27, 2010 Dubai to recycle concrete and steel from demolition sites May 27, 2010 80pct Chinese steel mills suspends iron ore purchase -26 May 10 May 26, 2010 Mobarakeh Steel’s HRC production rises by 63 percent- 26 May 10 May 26, 2010 Khorasan Steel’s semi-finished output increases by 19 percent- 26 May 10 May 26, 2010 UAE steel prices likely to drop further- 25 May 10 May 25, 2010 Tokyo Steel cut scrap purchase price- 25 May 10 May 25, 2010 Experts call steel price revision a necessary outcome- 25 May 10 May 25, 2010 Monday Market Monitor - EU - WEEK 20 - Buyers in wait and watch mode May 25, 2010 Resource super profit tax - Putting Chinese investment on hold- 25 May 10 May 25, 2010 Monday Market Monitor - Iron Ore - WEEK 20 - Dip before resurgence- 25 May 10 May 25, 2010 AISI urges administration to press China for economic reforms May 25, 2010 Steel import offers into EU continue downward march- 24 May 10 May 24, 2010 Effect of fall in steel prices on iron ore market- 24 May 10 May 24, 2010 Russian steel mills follow Ukrainians in HRC price slide- 24 May 10 May 24, 2010 Russia may limit coking coal exports to avoid domestic shortage- 24 May 10 May 24, 2010 Saudi Arab plans internal rail network in Makkah- 24 May 10 May 24, 2010 Turkish buyers eying below USD 300 for scrap- 24 May 10 May 24, 2010 European buyers expect billets to slide to USD 450 FOB Black Sea- 24 May 10 May 24, 2010 Iron Ore Prices May 24, 2010 LME STEEL-Billet futures hit 15-wk low, physical mkt eases- 24 May 10 May 24, 2010 Iron ore price negotiations - Prospects for Q3- 24 May 10 May 24, 2010 China Steel Industry Forecast for 2010 May 24, 2010 Iran market trend in week 20 May 23, 2010 Indian iron ore FOB sliding to USD 120 FOB before resurgence- 23 May 10 May 23, 2010 Indian steel ministry calls for hiking export duty on iron ore again- 23 May 10 May 23, 2010 Rio reaches benchmark iron ore deal- 23 May 10 May 23, 2010 Rashnikov Waits for a New Recession in Steel Industry- 23 May 10 May 23, 2010 Tokyo Steel leaves selling prices unchanged for all steel items- 23 May 10 May 23, 2010 Ukraine’s Ilyich faces lack of orders and shortage of working capital - 23 May 10 May 23, 2010 Steel market at Black Sea in precarious state- 23 May 10 May 23, 2010 Taiwanese rebar market stays calm this week- 22 May 10 May 22, 2010 Iron ore price negotiations - China loses pricing power May 22, 2010 Iron Ore Prices May Rise 30% to 50% From July, China Steel Says- 20 May 10 May 20, 2010 CISA: Steel prices to see only minor fluctuations in coming period- 20 May 10 May 20, 2010 Iron ore price negotiations - To back fire if China cools - 20 May 10 May 20, 2010 Chinese steam coal prices rise as summer stockpiling begins- 20 May 10 May 20, 2010 BHPB CEO sees iron ore at USD 120 in worst case scenario- 19 May 10 May 19, 2010 Monday Market Monitor - CIS - WEEK 19 - Marching South- 19 May 10 May 19, 2010 Flats continue to weaken in South Europe- 19 May 10 May 19, 2010 Southeast Asia’s billet import market quiet - 19 May 10 May 19, 2010 Chinese long product prices plummet amidst glut- 19 May 10 May 19, 2010 Mobarake Steel will produce more than 5 million tones per year- 18 May 10 May 18, 2010 Iron ore output surge in Jalalabad- 18 May 10 May 18, 2010 Iron ore price negotiations - Further hikes in H2 could harm steelmakers- 18 May 10 May 18, 2010 Iron ore spot prices plummet by 5pct amidst fear of glut- 18 May 10 May 18, 2010 Iron ore price negotiations - Chinese may follow Platts index- 18 May 10 May 18, 2010 Steel prices to come down in June- 18 May 10 May 18, 2010 BHPB bid for Rio - Under tax shadows- 18 May 10 May 18, 2010 Import iron ore prices decline to China- 18 May 10 May 18, 2010 Australian super profits tax will surely affect miners May 18, 2010 Iron ore price negotiations - Chinese outlook May 18, 2010 Iran market trend in week 19 May 16, 2010 Iron ore price negotiation - Chinese view point- 16 May 10 May 16, 2010 Far East: high domestic prices for scrap in Japan keep export offers from falling-16 May 10 May 16, 2010 ArcelorMittal to Increase Steel Prices on ‘Overwhelming’ Costs-16 May 10 May 16, 2010 Do China Steel Exports (and US Imports) Drive Iron Ore Price Increases? May 16, 2010 Iron ore price negotiations - 32pct jump seen in next quarter- 15 May 10 May 15, 2010 Iron Ore Swap Market Participation Doubles, Credit Suisse Says - 15 May 10 May 15, 2010 CIS billet exporters keep lowering prices- 15 May 10 May 15, 2010 Ukrainian exporters cut plate prices- 15 May 10 May 15, 2010 Iron ore duty may go up- 13 May 10 May 13, 2010 Chinese steel makers to continue investing in Australia-13 May 10 May 13, 2010 ArcelorMittal plans switch to quarterly steel pricing-13 May 10 May 13, 2010 Slump in export prices for Chinese flats coming soon?- 13 May 10 May 13, 2010 Iron ore stockpiles at China major ports increase- 13 May 10 May 13, 2010 China''s battle for iron ore May 13, 2010 American scrap price goes up slightly -12 May 10 May 13, 2010 Japan settles HRC export price at USD 850 CNF -12 May 10 May 13, 2010 Iron ore may slide to below USD 150 in H2 - Macquarie -12 May 10 May 13, 2010 CIS mills have to cut export prices for billet following Turkish and European suppliers May 11, 2010 China''''s Industrial Policy Is Bigger Concern Than Yuan, U.S. Executives Say May 11, 2010 Monday Market Monitor - CIS - WEEK 18 - Flats following longs- 11 May 10 May 11, 2010 Monday Market Monitor - EU - WEEK 18 – Incertitude- 11 May 10 May 11, 2010 India likely to export 100 million tonne of iron ore in 2010-11 –10 May 10 May 10, 2010 Iron-ore to stay ''''very tight'''' – Vale- 10 May 10 May 10, 2010 LME: square billet prices move in both directions - 10 May 10 May 10, 2010 Turkey: billet suppliers reduce prices slightly- 10 May 10 May 10, 2010 Global overview - Week 18 May 10, 2010 Turkish exporters of longs cut prices slightly - 10 May 10 May 10, 2010 What is an iron ore swap contract May 9, 2010 Largest iron ore pelletizing plant opens in the Middle East- 09 May 10 May 9, 2010 Iron Ore May Slide to Below $150 a Ton on China, Macquarie Says- 09 May 10 May 9, 2010 China steel price may regain their upward path- 09 May 10 May 9, 2010 Steel scrap recycling may ease Chinese dependence on iron ore imports- 09 May 10 May 9, 2010 Signals of weakening in flats emanating from Europe- 09 May 10 May 9, 2010 Chinese billet price down by CNY 300 in a week- 09 May 10 May 9, 2010 Hyundai Steel hikes H beam export price by USD 30- 09 May 10 May 9, 2010 China: domestic coke prices grow on stable demand and higher costs- 08 May 10 May 8, 2010 Bahrain launches tender for social housing project- 08 May 10 May 8, 2010 Steel Recovery Seen Taking At Least Three Years May 8, 2010 USA: suppliers of flats try to avoid further price decrease- 08 May 10 May 8, 2010 Russian steel mills urged for quarterly supply contracts-06 May 10 May 6, 2010 Power shortage may hit central and South East China-06 May 10 May 6, 2010 Chinese mills to buy 5 billion tonnes iron ore mine in Russia-06 May 10 May 6, 2010 Supply of coking coal remains fragile -06 May 10 May 6, 2010 Saudi Arabian steel mills fix rebar prices for May-06 May 10 May 6, 2010 Rebars prices crash in Egypt-06 May 10 May 6, 2010 Shanghai HRC market to continue correcting in May -06 May 10 May 6, 2010 Macroeconomic indicators - Asian economies at risk of overheating May 6, 2010 Iron ore spot prices expected to resurrect soon- 05 Apr 10 May 5, 2010 CR Prices to remain firm in China propped by demand- 05 Apr 10 May 5, 2010 Rebar prices decline in Oman- 05 Apr 10 May 5, 2010 Rebar prices decline in Pakistan- 05 Apr 10 May 5, 2010 Steel prices drop to stable levels- 05 Apr 10 May 5, 2010 No scarcity of steel in the Saudi Arabian market- 05 Apr 10 May 5, 2010 Beating retreat- 05 Apr 10 May 5, 2010 Iron Ore will not Cost $200 per ton… for a While May 5, 2010 Temporary Retreat May 5, 2010 Monday Market Monitor - CIS - WEEK 17 - Billets marching South- 04 May 10 May 4, 2010 Monday Market Monitor - Middle East - WEEK 17 - Double whammy- 04 May 10 May 4, 2010 Alumina on track to follow iron ore and coal new pricing system- 04 May 10 May 4, 2010 Boom changes into lull in Saudi Arabian flats market- 04 May 10 May 4, 2010 Turkish producers of longs hardly able to stop export price fall- 03 May 10 May 3, 2010 Indian steel prices to dip sharply in coming times- 03 May 10 May 3, 2010 10 projects for Karbala municipality worth ID14b - 03 May 10 May 3, 2010 Steel Futures in Shanghai Head for Biggest Drop in Three Months - 03 May 10 May 3, 2010 Weekly Global overview ( Metal expert) - 03 May 10 May 3, 2010 Chinese imported iron ore stocks at ports increase to 68 million tonnes- 03 May 10 May 3, 2010 Iron ore price negotiations - Chinese lessons- 03 May 10 May 3, 2010 ArcelorMittal sees global steel demand rising by 10pct in 2010-03 May 10 May 3, 2010 First signs of breach in the flat product prices in Europe appearing- 03 May 10 May 3, 2010 Steel Inventories increasing on high prices in China- 03 May 10 May 3, 2010 Iran market trend in week 17 May 2, 2010 Mittal Says Rise In Ore Price Will Cause Steel ''''Volatility'''' May 2, 2010 LME merges steel billet contracts - 02 May 10 May 2, 2010 Russia rolled steel consumption in Q1 up by 24pct YoY- 02 May 10 May 2, 2010 Iran to open copper wire factory in Belarus- 02 May 10 May 2, 2010 China Coal & Coke Holdings: Coal Price to Drop in Q2- 02 May 10 May 2, 2010 Dilemma in Iron ore spot market keeps prices stable May 2, 2010 Aluminum use expected to grow in auto industry - 02 May 10 May 2, 2010 CR price scenario in Europe- 02 May 10 May 2, 2010 Price increase in Chinese steel market stops in April- 02 May 10 May 2, 2010 New Concept, New Pattern, New Challenge May 1, 2010 Far East: scrap prices fall slightly May 1, 2010 CIS mills try to keep export prices for billet at $600/t fob- 01 May 10 May 1, 2010 USA: suppliers of flats have to reduce increases- 01 May 10 May 1, 2010 Steel prices to remain high- 01 May 10 May 1, 2010 International coal prices on the increase this week - 01 May 10 May 1, 2010 Iron ore prices unlikely to rise further - 01 May 10 May 1, 2010 Nasco plans to build steel billet plant in Dammam- 01 May 10 May 1, 2010 EU steel market on track for muted recovery – EUROFER- 29 Apr 10 May 1, 2010 Spot iron ore prices expected to rise- 29 Apr 10 May 1, 2010 Another Attempt May 1, 2010