Monthly Archive May, 2011 News Back May, 2011 News Title Publish Date Export prices for CIS billet peak at Azov-Black Sea and Caspian ports- 31 May 11 May 31, 2011 Export quotations for CIS plate about to drop- 31 May 11 May 31, 2011 Turkish longs exporters plan another increase-31 May 11 May 31, 2011 CIS export market for finished longs quiet so far -31 May 11 May 31, 2011 China Steel’s Demand May Rise as Much 25% by 2015, Producers’ Group Says-31 May 11 May 31, 2011 Tokyo Steel cut scrap prices further-31 May 11 May 31, 2011 Macroeconomic indicators - Global economic recovery on track May 30, 2011 Global long product steel prices set to decline- 30 May 11 May 30, 2011 Russian scrap prices up by stock replenishing- 30 May 11 May 30, 2011 New opportunity for Australian iron ore exports to China- 30 May 11 May 30, 2011 Structural changes in iron ore market May 30, 2011 Iron ore deals contribute nearly 40pct of global metals M&A during Q1 – PwC- 30 May 11 May 30, 2011 Macroeconomic indicators - India amongst major emerging economies to dominate growth by 2025 – 30 May 11 May 30, 2011 High inventories favor decline in iron ore prices in China- 30 May 11 May 30, 2011 CIS steel mills raise HR steel export quotes- 30 May 11 May 30, 2011 Iran Steel Market Trend in week 21 May 29, 2011 Japanese crude steel output to drop in 2011-12- 29 May 11 May 29, 2011 Analysts see Chinese steel output falling as power cuts loom- 28 May 11 May 28, 2011 Heavy Investment in Real Estate to Boost Steel Industry in the UAE- 28 May 11 May 28, 2011 Demand for H-beam remains poor in Asia- 26 May 11 May 26, 2011 Iron Ore-Spot prices stagnant as Chinese traders stay quiet- 26 May 11 May 26, 2011 It is a good time to invest in coal- 26 May 11 May 26, 2011 US raw steel production moves up again- 25 May 11 May 25, 2011 CIS square billet exports: accents change often- 24 May 11 May 24, 2011 Iraqi customers refuse to buy rebar at current prices - 24 May 11 May 24, 2011 CIS: exporters still satisfied with demand for flats - 24 May 11 May 24, 2011 CIS: slab exporters hold prices - 24 May 11 May 24, 2011 CIS longs exporters get opportunity to raise prices - 24 May 11 May 24, 2011 Looming Iron Ore Market ‘Bubble’ Will Force Down Prices, Baosteel Says May 23, 2011 North European steel prices continue to slide in May- 23 May 11 May 23, 2011 Iran steel market trend in week 20 May 22, 2011 Iron Ore-Prices steady as buyers wait, quality issues raised- 22 May 11 May 22, 2011 India shipping industry to gain from Japan earthquake- 22 May 11 May 22, 2011 Iron Ore-Key indexes at 6-week low on thin Chinese buying- 21 May 11 May 21, 2011 Japan starts recycling metal scraps from earthquake- 21 May 11 May 21, 2011 Rio Tinto exports one billionth mt of iron ore to China- 21 May 11 May 21, 2011 Macroeconomic indicators - IMF warns EU debt crisis may still spread to core May 19, 2011 US raw steel production moves up slightly- 19 May 11 May 19, 2011 Iron Ore-Spot prices steady, market seen extending lull- 19 May 11 May 19, 2011 Gulf region, Middle East biggest importers of Turkish steel- 19 May 11 May 19, 2011 Power shortage in China may not reduce oversupply of steel- 18 May 11 May 19, 2011 Japanese earthquake - Tokyo Steel cuts prices for June shipment- 18 May 11 May 19, 2011 CIS flats exporters keep trying to lift prices - 18 May 11 May 19, 2011 CIS finished longs exporters keep pushing offers up - 18 May 11 May 19, 2011 Japanese Q1 imports of coal and iron ore- 18 May 11 May 19, 2011 Japanese earthquake - Japan steelmakers bullish in output plans- 18 May 11 May 19, 2011 CIS: export prices for square billet, June production - 17 May 11 May 17, 2011 CIS square billet exports: optimistic tone changes into pessimistic mood - 17 May 11 May 17, 2011 Chinese imported iron ore stockpiles rise in week ending May 13- 17 May 11 May 17, 2011 EU - WEEK 19 - Hope for recovery fizzles out- 17 May 11 May 17, 2011 Chinese iron ore buyers and Indian sellers in tug of war- 16 May 11 May 16, 2011 Iran Steel Market Trend in week 19 May 15, 2011 Iron Ore-Shanghai rebar rises 1.4 pct as commodities rebound- 15 May 11 May 15, 2011 Ukrainian crude steel production to increase in June- 15 May 11 May 15, 2011 MMX sees iron ore prices as high as USD 200 per tonne- 15 May 11 May 15, 2011 CISA sees Chinese steel output to be dented by power cuts- 15 May 11 May 15, 2011 Global steel market remains sluggish on weak demand – Report May 15, 2011 Japanese government foresees crude steel output fall by 2.8% q-o-q in Q2- 14 May 11 May 14, 2011 Chinese flat product export levels plummet on Black Sea retort- 14 May 11 May 14, 2011 High coal prices lead to increased power shortages in China- 14 May 11 May 14, 2011 Japanese steel plate demand to slow in April to June period- 12 May 11 May 12, 2011 Analyst sees Brazilian steel imports falling 50pct in 2011- 12 May 11 May 12, 2011 China’s April Iron Ore Imports Drop 11% on Rising Prices- 12 May 11 May 12, 2011 US raw steel production edges up 0.7 percent- 11 May 11 May 11, 2011 Iron Ore-Offers slip in thin buying, rebar falls- 11 May 11 May 11, 2011 China imported iron ore market weak, but set for correction- 11 May 11 May 11, 2011 CIS flats suppliers take chance to reverse downward trend - 11 May 11 May 11, 2011 CIS longs exporters support Turkish suppliers in upward policy - 11 May 11 May 11, 2011 CIS billet exports: prices continue bull run - 11 May 11 May 11, 2011 EU - WEEK 18 - Prices on up trend- 11 May 11 May 11, 2011 MENA unrest - May probably boost other economies May 10, 2011 Baosteel forecasts China 2011 steel capacity to rise by 40 mln T- 10 May 11 May 10, 2011 Macroeconomic indicators - Iraqi economy improves but still long way to go- 10 May 11 May 10, 2011 MENA unrest - Many building projects on hold- 10 May 11 May 10, 2011 China imported iron ore stocks inch up in week to May 6- 10 May 11 May 10, 2011 Turkish longs market in bullish mood - 10 May 11 May 10, 2011 Chinese export growth rate may slide to single digit levels- 10 May 11 May 10, 2011 LME approves Bilbao as steel billet delivery point- 10 May 11 May 10, 2011 Vale begins iron ore pelletizing production in Oman- 09 May 11 May 9, 2011 Turkish HDG prices to move upwards on firming HRC- 09 May 11 May 9, 2011 BHP Billiton, Vale to invest $3.5bn for iron ore plant expansion in Brazil- 09 May 11 May 9, 2011 Turkish longs market in bullish mood - 09 May 11 May 9, 2011 Production Control: a Big Job for China Steel Industry – 09 May 11 May 9, 2011 Iraq: prices for import rebar unacceptable for Iraqi steel traders – 09 May 11 May 9, 2011 Iran Steel Market Trend in week 18 May 8, 2011 Scrap market roundup from MEPS- 05 May 11 May 5, 2011 Iron Ore-Shanghai rebar hits 2-month top on firm demand view- 05 May 11 May 5, 2011 Iron ore stockpiles fall slightly at China''''s ports- 05 May 11 May 5, 2011 Turkish longs exporters lift prices despite low demand - 05 May 11 May 5, 2011 US raw steel production drops 2.9 percent- 04 Apr 11 May 4, 2011 U.S. Steel Demand Expected to Rise 14% in 2011- 04 Apr 11 May 4, 2011 UAE buyers lose interest in import longs- 04 Apr 11 May 4, 2011 CIS longs exporters plan to raise prices for June output - 04 Apr 11 May 4, 2011 CIS billet exporters try to get the most of current uptrend - 04 Apr 11 May 4, 2011 Turkey to see record high exports this year- 04 Apr 11 May 4, 2011 Japanese earthquake - Japanese steel exports dropped by almost 3pct YoY in March- 04 Apr 11 May 4, 2011 Chinese steel industry in face of high cost and low profit – CISA- 04 Apr 11 May 4, 2011 CIS - WEEK 17 - Ukrainian HR slides further before May break- 04 Apr 11 May 4, 2011 Ukrainian coke exports up by 39pct in Q1- 04 Apr 11 May 4, 2011 Ukraine ferrous scrap exports decline by 28pct in Q1- 03 May 11 May 3, 2011 Baosteel warns of end to iron ore investment frenzy- 03 May 11 May 3, 2011 Monday Market Monitor - China - WEEK 17 - Measured gains- 03 May 11 May 3, 2011 Iran Steel Market Trend in Week 17 May 1, 2011 Mixed pricing sentiment transpires in the BRIC countries- 01 May 11 May 1, 2011 Iron Ore-Spot prices flat, Chinese buyers cautious; indexes rise- 01 May 11 May 1, 2011