Japan steel exports decreased by 19% in January

28 February 2019:

Japan steel exports decreased by 19% in January

(Asia Pacific): Japan’s steel exports in January 2019 decreased by 19.2% compared to January 2018, to 2.49 million tonnes. Exports also decreased by 13.7% month-on-month, according to the Japan Iron & Steel Federation.

 

India’s crude steel production decreased 2% in January

(Asia Pacific): Crude steel production in India was down by 2% year-on-year to 9.18 million tonnes in January, according to statistics released by the World Steel Association

 

Emirates Steel revenue increased by 15% in 2018

(Middle East): UAE’s sole integrated steel plant Emirates Steel’ revenue reached AED 7.5 billion in 2018 with an increase of 15% year-on-year. The company’s EBITDA also increased by 44 % to AED 1 billion.

 

Fives will supply two OTO tube mills to SSAB Europe

(Europe): SSAB Europe signed a contract with a French engineering company, Fives, to manufacture and supply two complete OTO mills for its Finland facility. The mills would be able to produce tubes with a diameter between 16mm to 130mm for automotive applications. The project will be completed in 2020.

 

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