[Ferro-Alloys.com] TMK, Russia's largest maker of steel pipes, said first-quarter shipments fell 3 percent year-on-year to 1.02 million tonnes and forecast a marginal decrease in shipments for 2014.

World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 141 million tonnes (Mt) in March 2014, an increase of 2.7% compared to March 2013.

China’s Power Generation and Steel Production Increase in March

India has now turned out to be the net steel exporter in 2013-1 4 after a gap of six years and is likely to maintain the momentum in 2014-1 5, as producers are looking to dock more overseas shipment to tide over subdued domestic consumption.

steel

Nippon Steel & Sumitomo Metal Corporation (“NSSMC”, head office: Chiyoda-ku, Tokyo; Chairman & CEO: Shoji MUNEOKA) and Mitsui & Co., Ltd. (“Mitsui”, head office: Chiyoda-ku, Tokyo; President & CEO: Masami IIJIMA) are pleased to announce that Robe River Iro...

Tata Steel announced quarterly profit in the quarter ended 31 December due to the increasing demand of its steel products in Europe, which is the company’s largest market.

Tata Steel Ltd (TISC.NS) posted a smaller-than-expected third quarter profit on Tuesday partly due to high costs in its main European market which squeezed margins.