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Daily Steel News
Courtesy of SteelOrbis
Brazil expects 5.8 percent increase in steel output for 2013
Steel output in Brazil will increase by 5.8 percent this year to 36.51 million tons, due mostly to the recovery of the domestic economy.
Korean plate receives zero percent AD margin from US DOC
On Friday, the US DOC announced the final results of its administrative review of the AD order on carbon quality steel plate from Korea.
US rig count holds steady as Canada’s edges higher
Baker Hughes reported Friday that for the week ending May 17, the US rig count was unchanged from the previous week at 1,769.
Coal trade on US Great Lakes registers another decline
The Lake Carriers’ Association said Friday that shipments of coal on the Great Lakes totaled 2.2 million tons in April, a virtual tie with a year ago.
EU-27 construction output down 1.1 percent in March from February
In March the seasonally-adjusted production of the construction sector in the European Union member states (EU-27) decrease by 1.1 percent m-o-m.