Monthly Archive June, 2011 News Back June, 2011 News Title Publish Date Iron Ore-Spot prices at three-month lows, outlook bleak- 29 Jun 11 Jun 29, 2011 Japanese Steel Exports Fall 3.6 Percent in May MoM- 28 Jun 11 Jun 28, 2011 Turkish longs market still in bearish mood- 28 Jun 11 Jun 28, 2011 CIS longs exporters have to follow downward trend - 28 Jun 11 Jun 28, 2011 CIS billet exporters play by the rules of bearish market - 28 Jun 11 Jun 28, 2011 CIS flats exporters keep cutting prices when making deals - 28 Jun 11 Jun 28, 2011 Turkish steelmakers knock scrap prices down - 28 Jun 11 Jun 28, 2011 Turkish longs exporters keep stepping back on poor demand - 28 Jun 11 Jun 28, 2011 Market Monitor - EU - WEEK 25 - Flats crash in South Europe- 28 Jun 11 Jun 28, 2011 Global HRC prices have a bumpy ride in Quarter 2- 27 Jun 11 Jun 27, 2011 Rio Tinto moves towards monthly pricing for iron ore contracts- 27 Jun 11 Jun 27, 2011 Hapless present pins hopes on future revival of steel industry in China- 27 Jun 11 Jun 27, 2011 Weak dollar to spur US coal exports - 27 Jun 11 Jun 27, 2011 China to cut import VAT to boost coal import- 27 Jun 11 Jun 27, 2011 Steelmaker Nucor CEO warns of raw material hoarding- 26 Jun 11 Jun 26, 2011 Macroeconomic indicators - Euro crisis could spread - Mr Juncker- 26 Jun 11 Jun 26, 2011 Steel makers accept USD 315 per tonne for coking coal for Q3- 26 Jun 11 Jun 26, 2011 Black Sea billet demand shrinks- 26 Jun 11 Jun 26, 2011 Iran Steel Market Trend in week 25 Jun 26, 2011 Iron Ore-Spot prices fall for third day, Vale reroutes cargo- 25 Jun 11 Jun 25, 2011 European steelmakers struggle to reach pre recession production- 25 Jun 11 Jun 25, 2011 EU Steel sheet and strip prices continue to decline in June- 25 Jun 11 Jun 25, 2011 US raw steel production reaches nearly two-month high- 22 Jun 11 Jun 22, 2011 Kuwaiti group seeks investment in Basra- 22 Jun 11 Jun 22, 2011 Black Sea billet demand weakens ahead of Ramadan- 22 Jun 11 Jun 22, 2011 Iron Ore-China steel futures fall to 3-month lows - 22 Jun 11 Jun 22, 2011 Steel prices are somewhat stable this year - 22 Jun 11 Jun 22, 2011 Market Monitor - Iron Ore - WEEK 24 – Flickering- 21 Jun 11 Jun 21, 2011 Russia’s scrap exports soar by 196.2% y-o-y in first four months- 21 Jun 11 Jun 21, 2011 Market Monitor - China - WEEK 24 - Dragon down on knees- 21 Jun 11 Jun 21, 2011 Market Monitor - EU - WEEK 24 - Uneventful period- 21 Jun 11 Jun 21, 2011 European steel mills plan to hike section steel prices- 21 Jun 11 Jun 21, 2011 CIS export longs market keeps getting weaker - 21 Jun 11 Jun 21, 2011 Turkish longs exporters have no choice but to cut prices - 21 Jun 11 Jun 21, 2011 Prices of CIS flats exporters start sliding - 21 Jun 11 Jun 21, 2011 CIS exporters of square billet prefer to wait and see instead of yielding to buyer pressure - 21 Jun 11 Jun 21, 2011 Iraqi stockists refrain from purchases ahead of price decline - 21 Jun 11 Jun 21, 2011 Japanese mills propose slight price increase for wire rods for next quarter- 21 Jun 11 Jun 21, 2011 Middle Eastern market festivity might be short lived- 20 Jun 11 Jun 20, 2011 Japanese steelmakers to raise prices for automakers- 20 Jun 11 Jun 20, 2011 Middle East supply demand imbalance forecast to grow- 20 Jun 11 Jun 20, 2011 WTO to rule against Chinese restrictions on raw material exports- 20 Jun 11 Jun 20, 2011 South Korean billet exports rise by 145 percent in Jan-May- 20 Jun 11 Jun 20, 2011 Iran Steel Market Trend in week 24 Jun 19, 2011 Vale to stick to quarterly iron ore pricing- 19 Jun 11 Jun 19, 2011 Rio Tinto to offer portfolio of iron ore pricing- 19 Jun 11 Jun 19, 2011 LME expands billet delivery to Ravenna, Italy- 19 Jun 11 Jun 19, 2011 Iron ore prices flicker before extinguishing- 19 Jun 11 Jun 19, 2011 Ukrainian flat products unable to cut ice in Mediterranean market- 19 Jun 11 Jun 19, 2011 Black Sea billet prices resist decline- 19 Jun 11 Jun 19, 2011 Iron ore prices might correct as the Chinese mills cool their heels- 18 Jun 11 Jun 18, 2011 Iron Ore-Spot offers rise $2, sustained gains unlikely- 15 June 11 Jun 15, 2011 Turkish longs exporters refuse to back down - 15 June 11 Jun 15, 2011 Japan and South Korea set Q2 CR price around USD 800 per tonne- 15 June 11 Jun 15, 2011 Indian miners expect 10-15 percent fall in iron ore prices in next two months- 15 June 11 Jun 15, 2011 CIS export market for square billet at turning point - 15 June 11 Jun 15, 2011 More CIS flats exporters continue raising prices - 15 June 11 Jun 15, 2011 CIS longs exporters raise prices too fast - 15 June 11 Jun 15, 2011 US raw steel production rises again- 15 June 11 Jun 15, 2011 Iron Ore-Indexes rise, but swaps fall on likely steel cuts- 14 June 11 Jun 14, 2011 Germany’s May crude steel production increases slightly by 1.1% y-o-y- 14 June 11 Jun 14, 2011 Africa may turn major iron-ore exporter after 2020- 13 June 11 Jun 13, 2011 Pellet production rise in Jalal Abad Jun 13, 2011 Macroeconomic indicators - Transformation of China important to world – 13 June 11 Jun 13, 2011 Chinese imported iron ore stocks rise 1pct WoW– 13 June 11 Jun 13, 2011 Steel billet prices at Black Sea start correcting - 13 June 11 Jun 13, 2011 Flat steel: HRC, CRC markets recover in May, set for further gains- 13 June 11 Jun 13, 2011 Iran Steel Market Trend in week 23 Jun 12, 2011 Ukraine’s average daily steel output continues to fall in May- 12 June 11 Jun 12, 2011 Iron Ore-Key indexes rise for 3rd day, gains seen capped- 12 June 11 Jun 12, 2011 Ukrainian crude steel production to increase slightly in July- 12 June 11 Jun 12, 2011 Port Hedland May iron ore shipments jump 15pct- 12 June 11 Jun 12, 2011 Renewed recession engulfs Mediterranean countries- 12 June 11 Jun 12, 2011 JFE believed to have settled coking coal with Anglo for USD 315- 12 June 11 Jun 12, 2011 Ukraine’s metallurgical coal exports soar by 72.6% y-o-y in first four months- 11 June 11 Jun 11, 2011 Iron ore prices rise as Chinese steel mills restock- 11 June 11 Jun 11, 2011 Turkish hot rolled steel exports surge strongly in Jan-May- 11 June 11 Jun 11, 2011 Turkish steel scrap imports in 4months up by 5pct YoY- 11 June 11 Jun 11, 2011 Political impasse threatens construction sector Jun 9, 2011 Steel scrap prices soar on rising demand from US mills- 09 June 11 Jun 9, 2011 Iron Ore-Spot prices steady, sentiment upbeat- 09 June 11 Jun 9, 2011 CIS billet exporters remain optimistic - 08 June 11 Jun 8, 2011 CIS slabs supply limited - 08 June 11 Jun 8, 2011 Rush buying in Turkish longs market allows suppliers to dictate prices - 08 June 11 Jun 8, 2011 CIS: export prices for square billet - 08 June 11 Jun 8, 2011 Rebar prices soar in South European market- 08 June 11 Jun 8, 2011 US raw steel production climbs 1.6 percent- 08 June 11 Jun 8, 2011 Iran Steel Market Trend in Week 22 Jun 7, 2011 Vale sees strong China iron demand, shares rising- 02 June 11 Jun 2, 2011 US raw steel production drops 1.1 percent- 02 June 11 Jun 2, 2011 Iron Ore Under Pressure for Next 3 Months- 02 June 11 Jun 2, 2011 Black Sea region billet steady on healthy demand- 02 June 11 Jun 2, 2011 China sees spike in iron ore spending- 01 June 11 Jun 1, 2011 Shanghai steel futures running for two years- 01 June 11 Jun 1, 2011 Italy’s steel imports up 25 percent year on year in Q1- 01 June 11 Jun 1, 2011 Rising prices in LME billet market- 01 June 11 Jun 1, 2011 Iron Ore-Indexes at 2-month lows, Q3 contract seen flat- 01 June 11 Jun 1, 2011