Therefore, we don't expect the market to improve quickly,' he said. 'It could remain weak at least throughout this year or this fiscal year (to March 31, 2024). Nippon's Mori said the outlook could be bleaker than that. Steel demand will not improve until September, when weather is more favourable for construction and a raft of economic stimulus measures in place since late last year filter through to the property market, an East China-based steel producer said. Only a third of the country's mills are currently operating at a profit, according to Mysteel, and shares in global miners plunged this week as iron ore prices fell on China's weak demand. The resultant sluggish demand is increasing pressure on steel mills ahead of the summer months of June-August, when construction in China typically slows as high temperatures and heavy rain in the south hinder outdoor activity. prices, market data and e-commerce services. To see the different subscription packages and subscribe directly, please click here. India steel prices, news, price analysis derived from global business transactions. Steel price today India is available to you any minute of the day as long as you are connected to the internet. To check if your company is already a member, please click here. SteelOrbis is giving you the chance to assess the prices on a regular basis along with Indian news in the steel market. Leverage the efficiency of online trade tools. In addition, the manufacturing sector also unexpectedly contracted last month. Access to verified buyers&sellers of steel industry participants. Demand (for houses) may contract further,' analysts at Sinolink Securities said in a note on Wednesday. steel industry SteelOrbis is a unique e-marketplace and market intelligence provider that offers up-to-date news on the steel industry and steel trading. Approximately 25 fresh news articles on topics most prominently affecting the steel industry at large can be viewed on the steel news pages everyday in four different languages. The SteelOrbis service includes news, daily price reports derived from actual. SteelOrbis offers the latest independent steel news coverage compiled by its worldwide steel industry network. Follow latest analyses, prices, news and developments related to Turkey on SteelOrbis. 'The impact of stimulus measures on the property sector is not as good as it was before. news on the steel industry and steel trading from a single source. You can find latest developments and all news related to Turkey on SteelOrbis. This conference serves as an ideal platform to foster new business partnerships and collaborations with key players in the long steel industry, including producers, traders, raw material suppliers, and technology and machinery companies.īirim Makina is thrilled to be part of this prestigious event and looks forward to connecting with industry peers, sharing expertise, and contributing to the success of the SteelOrbis Fall 2023 Conference & 89th IREPAS Meeting.įor more information about the conference and registration, please visit. Participants will also have the chance to learn about the plans of major producers and traders and engage in discussions on global economic issues. Meanwhile, in the first nine months of this year, new passenger car registrations moved up by 14.

The SteelOrbis Fall 2023 Conference & 89th IREPAS Meeting is a unique opportunity to gain insights into the global market situation, plan strategies, and stay up-to-date on supply and demand dynamics and steel price levels. In September this year, new passenger car registrations in Germany remained unchanged at 224,500 units compared to the same month of 2022, according to the data released by the German Association of the Automotive Industry (VDA). This event is renowned as the number one gathering for long steel products, offering unparalleled networking opportunities and informative presentations on the latest market developments. The SteelOrbis and IREPAS Conference brings together industry leaders, steel producers, raw material suppliers, traders, end-users, and technology and machinery companies in a captivating setting overlooking the magnificent Bosphorus. Their product range includes presses, shears, crushers, and fixed and mobile scrap cranes. The company's focus is on delivering high-quality solutions for efficient and sustainable metal processing.

We are actively seeking new opportunities and are eager to connect with industry professionals.īirim Makina specializes in producing machinery for metal recycling, including balers, cranes, shredders, chip processing machines, scrap cleaning devices, briquetters, and shears.

The conference will take place at the prestigious Swissôtel The Bosphorus in Istanbul from September 17th to 19th.īirim Makina is excited to be part of this significant event and will have a booth at the entrance of the conference hall, ready to answer any questions and meet new people and customers. Sponsorship of the SteelOrbis Conference & IREPASīirim Makina is proud to announce its sponsorship of the upcoming SteelOrbis Fall 2023 Conference & 89th IREPAS Meeting, which will commemorate the 40th anniversary of IREPAS, the world's leading long steel market conference.

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