Trends - Steel production - Business Recorder

Steel production

Tokyo Steel holds product prices unchanged in Feb

TOKYO: Tokyo Steel Manufacturing Co Ltd, Japan’s top electric-arc furnace steelmaker, said on Monday it will hold...

Published 18 Jan, 2022 04:20am

Markets

China aims to cut energy intensity for steel production

BEIJING: China aims to cut energy consumption of steel by 2%, and to lower carbon emissions in the aluminium sector...

Published 31 Dec, 2021 06:50am

BR Research

Steel: Breaking the bubble

Is it really demand? To be specific, is it really housing demand? Steel prices have been spiralling and many have...

Published 24 Dec, 2021 08:01am

Markets

China steel prices hit one-week highs on upbeat industrial output data

MANILA: Chinese steel futures jumped on Wednesday to their highest in a week, after data showed industrial output in...

Published 16 Dec, 2021 04:00am

Markets

China coking coal futures leap on demand optimism

BEIJING: Chinese coking coal futures surged more than 8% on Wednesday, boosted by improving sentiment in the ...

Published 25 Nov, 2021 03:53am

Markets

China ferrous futures drift lower

BEIJING/MANILA: Futures for Chinese ferrous raw materials tumbled on Monday, undermined by big drop in steel...

Published 16 Nov, 2021 04:26am

Markets

China coking coal futures track spot prices higher, jump over 14pc

BEIJING/MANILA: Chinese coking coal futures rose for the first time in six trading sessions on Wednesday, surging...

Published 04 Nov, 2021 04:32am

Markets

Iron ore prices soar on China pre-holiday buying

MANILA: Iron ore futures rose on Thursday to their highest levels in three weeks on hopes of a recovery in Chinese...

Published 01 Oct, 2021 04:07am

Markets

Dalian iron ore off 1-week high as supply outlook improves

MANILA: Dalian iron ore edged higher in a choppy Wednesday session, while the Singapore benchmark slumped 3%,...

Published 26 Aug, 2021 04:52am

Markets

Dalian ferrous raw materials dive on demand concerns

BEIJING: Chinese coking coal and coke futures fell to a one-month low on Thursday and iron ore prices tumbled more...

Published 09 Jul, 2021 04:25am

Business & Finance

Brazil steelmaker Gerdau reports $460mn profit on higher metal prices

While profit grew more than 10 fold due and revenue grew 77%, steel production fell 1% and steel sales grew only 15% to 3 million tonnes.
Gerdau said there were positive trends at its Brazil unit, with revenue more than doubling compared to a year ago and displacing the North America unit, which in the first quarter of 2020 was the company's largest by revenue.

Published 05 May, 2021 06:41pm

Markets

Asia Iron ore slips as China steel prices fall

MANILA: Asia’s iron ore benchmarks slipped on Friday as steel futures in Shanghai stretched their losses, but the...

Published 10 Apr, 2021 04:34am

Markets

Iron ore slips as China steel prices fall, but set for weekly gains

"The fundamentals are still positive for steel prices," Sinosteel Futures analysts said in a note, citing robust downstream domestic demand.

Published 09 Apr, 2021 11:19am

Business & Finance

Japan's 2020 crude steel output drops 16pc amid COVID-19 crisis

Steel production for the October to December quarter slid 7.0% from a year earlier to 21.99 million tonnes.
Output in December fell 3.3% year on year to 7.53 million tonnes, the tenth straight monthly decline, though it rose 3.6% from November.

Published 22 Jan, 2021 07:15pm

Gainers
Losers
Leaders

Stock	Price
Sindh Modaraba / Jun 28 Sindh Modaraba(SINDM)	8.27 ▲ 0.97 (13.29%)
F.Treet Manuf / Jun 28 First Treet Manufacturing Modaraba(FTMM)	10.50 ▲ 0.77 (7.91%)
AEL Textile / Jun 28 AEL Textile Limited(AEL)	15.05 ▲ 1.05 (7.50%)
K.S.B.Pumps / Jun 28 KSB Pumps Company Limited(KSBP)	114.43 ▲ 7.98 (7.50%)
Sanofi-Aventis / Jun 28 Sanofi-Aventis Pakistan Limited(SAPL)	924.50 ▲ 64.50 (7.50%)
Shahtaj Textile / Jun 28 Shahtaj Textile Limited(STJT)	94.77 ▲ 6.61 (7.50%)
Shams Textile / Jun 28 Shams Textile Mills Limited(STML)	46.20 ▲ 3.21 (7.47%)
Zahid Jee Tex. / Jun 28 Zahidjee Textile Mills Limited(ZAHID)	22.73 ▲ 1.58 (7.47%)
Bata (Pak) / Jun 28 Bata Pakistan Limited(BATA)	2290.00 ▲ 157.10 (7.37%)
Shahtaj Sugar / Jun 28 Shahtaj Sugar Mills Limited(SHJS)	53.00 ▲ 3.50 (7.07%)

Stock	Price
Oilboy Engergy (R) / Jun 28 Oilboy Engergy Limited (R)(OBOYR1)	0.06 ▲ -0.53 (-89.83%)
Cordoba Logistics / Jun 28 Cordoba Logistics & Ventures Limited(CLVL)	11.50 ▲ -3.12 (-21.34%)
Hira Textile / Jun 28 Hira Textile Mills Limited(HIRAT)	2.25 ▲ -0.41 (-15.41%)
Punjab Mod / Jun 28 First Punjab Modaraba(FPJM)	1.63 ▲ -0.29 (-15.10%)
Unicap Modaraba / Jun 28 Unicap Modaraba(UCAPM)	1.69 ▲ -0.29 (-14.65%)
PICIC Ins.Ltd. / Jun 28 PICIC Insurance Limited(PIL)	0.80 ▲ -0.11 (-12.09%)
Prud Mod.1st / Jun 28 First Prudential Modaraba(PMI)	1.56 ▲ -0.19 (-10.86%)
Ashfaq Textile / Jun 28 Ashfaq Textile Mills Limited(ASHT)	8.00 ▲ -0.95 (-10.61%)
Nazir Cotton Mills / Jun 28 Nazir Cotton Mills Limited(NCML)	5.00 ▲ -0.59 (-10.55%)
Bilal Fibres / Jun 28 Bilal Fibres Limited(BILF)	2.05 ▲ -0.22 (-9.69%)

Stock	Volume
K-Electric Ltd. / Jun 28 K-Electric Limited(KEL)	27,400,000 ▼ 0.00
Oilboy Engergy (R) / Jun 28 Oilboy Engergy Limited (R)(OBOYR1)	22,800,500 ▼ 0.00
WorldCall Telecom / Jun 28 Worldcall Telecom Limited(WTL)	16,981,500 ▼ 0.00
Unity Foods Ltd / Jun 28 Unity Foods Limited(UNITY)	16,568,997 ▼ 0.00
Cnergyico PK / Jun 28 Cnergyico PK Limited(CNERGY)	9,642,756 ▼ 0.00
Pak Refinery / Jun 28 Pakistan Refinery Limited(PRL)	9,086,182 ▼ 0.00
Hum Network / Jun 28 Hum Network Limited(HUMNL)	7,028,500 ▼ 0.00
G3 Technologies / Jun 28 G3 Technologies Limited(GTECH)	6,527,500 ▼ 0.00
TPL Corp Ltd / Jun 28 TPL Corp Limited(TPL)	5,864,000 ▼ 0.00
TPL Properties / Jun 28 TPL Properties Limited(TPLP)	5,792,481 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 27	207.50
USD PKR Interbank Buying / Jun 27	207.30
USD to Japanese Yen / Jun 27	135.25
USD to Swiss Franc / Jun 27	0.96
Pound Sterling to USD / Jun 27	1.23
Euro to USD / Jun 27	1.06
UK LIBOR % / Jun 27	1.58

Stock	Volume
S&P 500 / Jun 27	3900.11
India Sensex / Jun 27	53161.28
Tokyo Nikkei / Jun 27	26856.89
Nasdaq / Jun 27	11524.55
Hang Seng / Jun 27	22049.42
FTSE 100 / Jun 27	7258.32
Dow Jones / Jun 27	31438.26
Germany DAX 30 / Jun 27	13186.07
France CAC40 / Jun 27	6047.31

Item	Value
Crude Oil USD/Barrel / Jun 27	110.74
Karachi Cotton PKR/37.32 KG / Jun 27	18980.00
Gold 10 Grams PKR / Jun 27	122200.00
Gold Spot USD/Ounce / Jun 27	1823.38
Cotton US¢/pound / Jun 27	94.02

Steel production

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