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Iron and Steel News07/30/2010

Japan Major 4 Steels Report Profitable April-June Results
Japanese major 4 steel makers regained profitability at consolidated recurring profit for April-June due to recovering steel demand at home and abroad while they posted recurring loss for April-June 2009. However, higher raw materials cost was more than steel selling price increase. Nippon Steel reported the margin decreased by 3,000 yen per tonne. JFE Holdings and Sumitomo Metal Industries posted lower recurring profit than January-March period.
continuation


Today's Japan Metal Bulletin E-mail
Japan Major 4 Steels Report Profitable April-June Results
Mitsubishi Steel Commissions Semi-Finished Steel Production in Indonesia
Nisshin Steel to Expand ZAM Output Capacity by 20%
Japan Steel Import Increases by 80% for January-June
Flat Ferrous Scrap Price in Tokyo, Osaka

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Kobe Steel publishes factbook and sustainability report online

Japan Steel Scrap Composite Prices (Sangyo Press)
7/23/2010
Converted Price (TTS)
88.15 yen / US$
(in tonnes)
H219,800 Yen (-500)US$224.62 (-5.67)
New Cutting (Press)24,500 Yen (-300)US$277.94 (-3.40)

* Average of Tokyo, Osaka and Nagoya prices
* What is Japan Steel Scrap Composite Prices



Nonferrous Metal News07/30/2010

Daiki Aluminium Industry to Launch New Offshore Alloy Plants
Daiki Aluminium Industry announced on Thursday the firm establishes Indonesian plant and Philippine subsidiary. The Indonesian plant will start operation in April 2011. With the new plant with 2,500 tonnes of monthly output capacity, the firm has 4 offshore production bases. continuation



Today's Japan Metal Bulletin E-mail
Daiki Aluminium Industry to Launch New Offshore Alloy Plants
Osaka Titanium Restarts Some of Suspended Sponge Facilities
JCMA Advances Conductor Size-Up Project for High Efficient CO2 Emission

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LME Settlement Prices 07/29/2010 (Unit:US$)
Alumi2083.0
Copper7206.0
Lead2003.0
Nickel20385.0
Tin19550.0
Zinc1971.0






















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Metal News of the last 5 days
Iron and Steel News-Latest News
07/30/2010
Japan Major 4 Steels Report Profitable April-June Results

07/29/2010
Nippon Steel, BlueScope Steel to Develop New Coated Steel for Construction

07/28/2010
JFE Steel Invests in JSW Steel, Develops Indian Market

07/27/2010
Japan Steel Export Hits Record in 1H 2010

07/26/2010
Mitsui & Co. to Expand Steel Trading by 20% in Asia Pacific in F2015

Nonferrous Metal News - Latest News
07/30/2010
Daiki Aluminium Industry to Launch New Offshore Alloy Plants

07/29/2010
Higher Copper Price could Encourage Japan Scrap Liquidation

07/28/2010
China Secondary Al Alloy Makers Gain from LME Backwardation

07/27/2010
EMAL, Itochu Corp. Develops Japan Primary Al Market

07/26/2010
Japan Electric Wire Shipment Rises by 8.2% in January-June


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No reproduction or republication without written permission.