Monthly Archive September, 2010 News Back September, 2010 News Title Publish Date HSBC Announces First Chinese Currency Trade Transaction in Middle East Sep 30, 2010 UAE oil pipeline bypassing Hormuz Strait nearly finished- 30 Sep 10 Sep 30, 2010 Iron Ore-Swaps extend gains; China sees lower imports- 30 Sep 10 Sep 30, 2010 Hot Rolled Futures Has Strong Week – LME Steel Billet Points to Weak October Scrap Market- 30 Sep 10 Sep 30, 2010 CIS slab export price down - 30 Sep 10 Sep 30, 2010 Rio Tinto sees any iron ore demand slowdown on China power cut- 30 Sep 10 Sep 30, 2010 Iron ore market goes in premature hibernation- 30 Sep 10 Sep 30, 2010 INSIG sees seven percent increase in finished steel output – 29 Sep 10 Sep 29, 2010 Iron Ore-Swaps rise on hopes of demand recovery Sep 29, 2010 China should keep yuan stable, resist U.S. Sep 29, 2010 CIS’s mills to cut export prices of pig iron – 29 Sep 10 Sep 29, 2010 China - WEEK 38 - Down on vacation- 28 Sep 10 Sep 28, 2010 Mobarakeh Steel sees 17pct increase in HRC output- 28 Sep 10 Sep 28, 2010 Iron Ore - WEEK 38 - Further down- 28 Sep 10 Sep 28, 2010 Iron ore price in 2011 seen at USD 150 per tonne on higher demand- 28 Sep 10 Sep 28, 2010 CIS - WEEK 38 - Semis and longs under pressure- 28 Sep 10 Sep 28, 2010 Hormozgan Steel to start production in Novemeber- 27 Sep 10 Sep 27, 2010 Iran steel production rising- 27 Sep 10 Sep 27, 2010 Khuzestan Steel billet production on the rise- 27 Sep 10 Sep 27, 2010 800.000 tones billet be produced by INSIG- 27 Sep 10 Sep 27, 2010 Khorasan Steel’s rebar production edges up two percent - 26 Sep 10 Sep 26, 2010 Khouzestan Steel’s semi-finished steel output up 10 percent - 26 Sep 10 Sep 26, 2010 ThyssenKrupp stops all business with Iran- 26 Sep 10 Sep 26, 2010 Rio and Japanese mills agree to cut in iron ore price - 26 Sep 10 Sep 26, 2010 Russian Steel Production Falls Behind Indian Output, Group Says- 26 Sep 10 Sep 26, 2010 Steam coal trade picking up on demand from India and Europe- 26 Sep 10 Sep 26, 2010 Iran steel market trend in week 38 Sep 26, 2010 CIS billet suppliers cannot keep prices from falling - 23 Sep 10 Sep 23, 2010 HRC prices recede mysteriously in Europe- 23 Sep 10 Sep 23, 2010 China iron ore imports post biggest decline in August- 23 Sep 10 Sep 23, 2010 Spot iron ore prices expected to decline, backed by increased exports- 23 Sep 10 Sep 23, 2010 CRC prices rally at Black Sea amidst shortage- 23 Sep 10 Sep 23, 2010 Further crash in steel scrap hits long products in Italy- 22 Sep 10 Sep 22, 2010 Middle East - WEEK 37 - Revival is red herring- 22 Sep 10 Sep 22, 2010 Euro area construction output fell- 22 Sep 10 Sep 22, 2010 India to add 32pct steel capacity by 2011 - 21 Sep 10 Sep 21, 2010 Japanese scrap export price continues on upward trend- 21 Sep 10 Sep 21, 2010 CIS - WEEK 37 - Longs loose steam on billet reversal- 21 Sep 10 Sep 21, 2010 Taiwan steel prices to rise on cuts in Chinese production- 21 Sep 10 Sep 21, 2010 Chinese economy shows inner strength in data Sep 21, 2010 Nucor: Q3 slowdown in steel markets due to economic uncertainty – 20 Sep 10 Sep 20, 2010 Meltdown commences at the top– 20 Sep 10 Sep 20, 2010 Request for Increase Sep 20, 2010 Global scrap prices increase likely to reach its peak – Report Sep 20, 2010 Euro zone recovery will be slow - Bank of Luxembourg- 20 Sep 10 Sep 20, 2010 Iron ore price negotiations - Big 3 nervous on production cut- 20 Sep 10 Sep 20, 2010 Iran steel market trend in week 37 Sep 20, 2010 Chinese steel prices unlikely to see big rises – NDRC – 18 Sep 10 Sep 18, 2010 Update on rebar prices in Dubai and Egypt – 18 Sep 10 Sep 18, 2010 Indian iron ore miners cut output on low steel mill demand – 16 Sep 10 Sep 16, 2010 TMK believes 2011 will be even better than 2010 – 16 Sep 10 Sep 16, 2010 UPDATE 1-China''s Baosteel raises Oct steel prices – 15 Sep 10 Sep 15, 2010 Steel scrap prices in Russia grow by upto 50pct – 15 Sep 10 Sep 15, 2010 Middle East steel market awakes to a slow start post Ramadan – 15 Sep 10 Sep 15, 2010 Japanese plate demand to exceed 6 million tonnes in H2 – 15 Sep 10 Sep 15, 2010 Chinese auto industry facing over capacity – Report – 14 Sep 10 Sep 14, 2010 Monday Market Monitor - Middle East - WEEK 36- At critical juncture – 14 Sep 10 Sep 14, 2010 Billet and long products prices start to loose ground in Europe – 13 Sep 10 Sep 13, 2010 European flat product market warms up post vacation– 13 Sep 10 Sep 13, 2010 European flat steel market on the brink of autumn revival – 13 Sep 10 Sep 13, 2010 European flat steel market on the brink of autumn revival – 13 Sep 10 Sep 13, 2010 UAE four nuclear reactors to start in December – 13 Sep 10 Sep 13, 2010 CIS steel billet producers on roll with USD 600 FOB in sight-13 Sep 10 Sep 13, 2010 Iran steel market trend in week 36 Sep 12, 2010 Tabriz Atashin Nab Steel formally commissions rebar mill - 08 Sep 10 Sep 8, 2010 Ukraine’s crude steel output improves in August after three-month decline- 08 Sep 10 Sep 8, 2010 New iron deposit discovered in Brazil might be world’s largest - 08 Sep 10 Sep 8, 2010 September sees good start in upward trend in Chinese steel prices- 08 Sep 10 Sep 8, 2010 Aggressive production pruning sparkles Chinese steel prices- 08 Sep 10 Sep 8, 2010 Monday Market Monitor - China - WEEK 35 - On upward trend- 07 Sep 10 Sep 7, 2010 Chinese iron ore imports may total 650 million tonnes in 2010- 07 Sep 10 Sep 7, 2010 Coking coal prices in Q4 lower than forecast – Macquarie- 07 Sep 10 Sep 7, 2010 Monday Market Monitor - Iron Ore - WEEK 35 - Chinese mill cautious- 07 Sep 10 Sep 7, 2010 Middle East Waiting for Increase Sep 6, 2010 Are Iron Ore Prices Providing Signals on Steel Prices? - 06 Sep 10 Sep 6, 2010 EU debar makers announcement of major hike unlikely to stick- 06 Sep 10 Sep 6, 2010 HR prices at Black Sea increase further- 06 Sep 10 Sep 6, 2010 CIS steel billet makers hike prices on post Ramadan buying expectations- 06 Sep 10 Sep 6, 2010 China steel price falling into shocks- 06 Sep 10 Sep 6, 2010 Steel prices may rise in China in September on inventory decline- 06 Sep 10 Sep 6, 2010 Turkish steel mills restart scrap purchase after a pause- 05 Sep 10 Sep 5, 2010 Time for Optimism Sep 5, 2010 Saudi Arabia steel output in first 7 months 2010 up by 19pct- 05 Sep Sep 5, 2010 Baosteel says still in talks on Q4 ore price Sep 5, 2010 Raw Material Prices Fluctuations Sep 5, 2010