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Mechel Has Announced The Appointment of a New Managing Director of Izhstal OAO

Dec 25, 2012

Mechel has announced the appointment of a new Managing Director of Izhstal OAO(Izhstal),part of Mechel Group. Mr Anatoly Shchetinin,55,who was appointed the new Managing Director of Izhstal OAO,replaces Mr Konstantin Kretov,who headed the ...

Tags: Mechel, Shchetinin, Managing Director, Izhstal OAO

Salzgitter AG Has Today Launched Its New CR Portal

Dec 25, 2012

Salzgitter AG has today launched its new CR portal which provides detailed information on the issue of sustainability within the Group. Key topics are environment and energy, as well as employees and society. The commitment and the progress ...

Tags: Salzgitter AG, environment and energy

Reportedly Turkish Mills Have Become Perceptibly Confident Hiking Rebar Offers

Dec 25, 2012

Coming close on the heels of chipping of scrap market about a week ago on subdued Turkish buying off late some activity is noticeable. Reportedly Turkish mills have become perceptibly confident hiking rebar offers by USD 10 per tonne to ...

Tags: Turkish mills, rebar, scrap collection, scrap market

German Steel Production Will Return to Modest Growth Next Year

Dec 25, 2012

Reuters reported that German steel production will return to modest growth next year as companies rebuild stocks and demand from the automotive and engineering sectors picks up, a trade group forecast on Tuesday. Europe's steel industry ...

Tags: steel production, steel industry, crude steel output, steel business

Mechel Announces The Disposal of 100% of The Shares of Toplofikatsia Rousse EAD

Dec 25, 2012

Mechel OAO one of the leading Russian mining and metals companies, announces the disposal of 100% of the shares of Toplofikatsia Rousse EAD (TPP Rousse, Bulgaria). Mechel OAO announces that it has signed an agreement for the disposal of ...

Tags: Mechel OAO, metallurgical coal producer, Toplofikatsia Rousse EAD

Toledo Mining Corporation Plc Announced The Appointments of Mr Isidro Consunji

Dec 25, 2012

Toledo Mining Corporation plc announced the appointments of Mr Isidro Consunji and Mr Robert Jenkins as non-executive directors. Mr Isidro Consunji, President of DMCI Holdings Inc. the parent company of DMCI Mining Corporation has agreed ...

Tags: Toledo Mining Corporation plc, DMCI, Robert Jenkins, DMCI Mining

SMS Received an Order From Austria-Based Stainless Steel Producer Stahl Judenburg

Dec 24, 2012

German plantmaker SMS Meer has announced that it has received an order from Austria-based stainless steel producer Stahl Judenburg for the supply of a second bright steel center. The new bright steel center will be able to process bars ...

Tags: German plantmaker SMS Meer, bright steel center, smooth steel

Nucor Expected Lower Margin of Bar and Plate in The Fourth Quarter

Dec 24, 2012

It is reported that Nucor expected lower margin of bar and plate in the fourth quarter due to the cumulative impact of high import levels and global economic situation uncertainty in the given period of time. However, the company will ...

Tags: Nucor expected lower margin of bar and plate, Nucor, outstanding shares

Change Is on 18th December as Compared to 17th December 12

Dec 24, 2012

Pig Iron Z18-22 Foundry Change is on 18th December as compared to 17th December 12 Change is per tonne USD:CNY = 6.298 To know exact prevailing steel prices in China on daily basis, subscribe to services of SteelHome by ...

Tags: Pig Iron, Z18-22, steel prices, Foundry

Videocon Is Unlikely to Go Ahead with Its INR 20,000 Crore Steel and Power Plant Project

Dec 24, 2012

Business Standard reported that the Videocon group said that it is unlikely to go ahead with its INR 20,000 crore steel and power plant project at Jamuria. Videocon MD Mr Rajkumar N Dhoot said on the sidelines of an industry event "We ...

Tags: Videocon group, Rajkumar N Dhoot, steel and power plant project, MoU

Shares in Ferrum Crescent Jumped 10%

Dec 24, 2012

Shares in Ferrum Crescent jumped 10% as it released an operational summary of its activities in 2012. However, these include a new joint ore reserve committee compliant resource at Moonlight Iron Ore Project of 307.8 million tonnes at ...

Tags: Ferrum Crescent, operational summary, 2012, resource

a West Midlands Steel Company Has Been Ordered to Pay More Than GBP 146,000

Dec 22, 2012

A West Midlands steel company has been ordered to pay more than GBP 146,000 in fines and costs after one of its employees was crushed to death by a 15 tonne crane. Mr Wilfred Williams 57 of Tividale, Warley, was carrying out maintenance ...

Tags: steel, fined, employee's death, crane, crushed

Sharemarket Ended The Week on a Low Note as Investors Took Fright

Dec 22, 2012

THE sharemarket ended the week on a low note as investors took fright after US budget talks on the fiscal cliff fell into disarray. The benchmark S&P/ASX 200 closed down 10.5 points,or 0.2 per cent,at 4623.6,reversing gains that had seen ...

Tags: fiscal cliff, Australian companies, US

German Business Sentiment Climbed for The Second Month Running in December

Dec 21, 2012

Reuters reported that German business sentiment climbed for the second month running in December as confidence in the outlook surged more than at any time in the last 2 and 1/2 years, boosting hopes Europe's largest economy will bounce back ...

Tags: business sentiment, climbed, largest economy, business climate index

Nicholl Group Completed Restructure of Its Manufacturing Network From Germany to UK

Dec 21, 2012

Aluminium tray maker The Nicholl Group has completed a restructure of its manufacturing network that has involved moving production to the UK from a German facility The business has ended production at its subsidiary Bachmann’s site ...

Tags: Nicholl Group, manufacturing network, Aluminium tray