Trade

MMK increases steel shipments to shipbuilders

  MMK – OJSC Magnitogorsk Iron and Steel Works (“MMK” or “the Company”) supplied 78 ths tonnes of metal products to shipbuilders in 2014, which represents a 37.2% growth y-o-y. MMK has a successful and long-standing track record with the shipbuilding industry. The Company supplies up to half of all ...

Read More »

US steel exports decline by 5 percent in 2014

According to AIIS Statement 6 February 2015. Steel exports fell slightly from November to December, capping off a 5 percent decline for the year. The 2.6 percent drop for the last month of 2014 largely resulted from decreases in exports to the United States’ North American Free Trade Agreement (NAFTA) ...

Read More »

Inauguration of Teluk Rubiah Maritime Terminal : Vale

  According to Vale,With a capacity of handling 30 million metric tons of iron ore per year, TRMT will serve as a strategic distribution hub to the customers in Asia. Until November, TRMT had already unloaded eight Valemaxes and loaded nine Capesizes and one Panamax successfully. On 7th November 2014, ...

Read More »