Russian mining and steel group Mechel has announced that successful hot testing has been held at the complex of Chelyabinsk Metallurgical Plant's universal rolling mill. During hot testing, the mill produced its first batch of structural ...
Tags: Mechel, Rolling Mill
In April this year, Turkey's total steel product exports amounted to 1.66 million metric tons, falling 17 percent month on month and up 1.1 percent compared to the same month of the previous year, with a total revenue of $1.25 billion, ...
Tags: Steel Exports, Mineral
In the week ended May 3, a falling trend was mostly observed in the London Metal Exchange (LME) billet market, after the stable trend recorded in the previous week. Previously, strong declines had been recorded in the market since ...
Tags: LME Billet, Mineral
In the week ended April 26, a mostly stable trend was observed in the London Metal Exchange (LME) billet market, after the falling prices recorded in the previous week. Strong declines had been recorded in the market since mid-March. The ...
Tags: LME Billet Market, Mineral
Ugur Dalbeler, CEO of Colakoglu Metalurji, one of Turkey's leading steel producers, has assessed the market situation after the decline seen in scrap prices, stating that in the last six months Turkish steel producers have been working with ...
Tags: Dalbeler, Scrap Prices
Ukraine's largest pipe manufacturer Interpipe started producing steel billets in 2012, a new achievement on its way to vertical integration. Duncan Pell, Interpipe's sales director for the Middle East and North Africa, explained Interpipe's ...
Tags: Duncan Pell, Interpipe
Reportedly, Ecuador's steel longs producer Andec is scheduling to double its current output. The mill new 220,000 tpy electric arc furnace already started to produce. In June or July, a new billet casting machine will be commissioned. The ...
Tags: Metallurgy, Mineral, Energy
In the week ended April 19, prices resumed their overall downtrend in the London Metal Exchange (LME) billet market, after the rise observed in the 3-month and 15-month prices in the previous week. Strong falls have been recorded in the ...
Tags: Metallurgy, Mineral, Energy
Ukrainian steel pipe and wheel producer Interpipe has announced that its new electric furnace-based steelmaking complex Dneprostal (Interpipe Steel) produced approximately 110,000 mt of steel in March this year in line with the scheduled ...
Tags: Interpipe Steel, Mineral
In the week ended April 12, 3-month and 15-month prices switched to an uptrend in the London Metal Exchange (LME) billet market, after the strong falls recorded in the overall market in the previous three weeks. The following prices were ...
Tags: LME Billet, Mineral
According to a statement released by the Turkish Iron and Steel Producers' Association (DCUD), in the first quarter of the current year Turkey's crude steel output amounted to 8.5 million mt, down 5.9 percent year on year. In this period, ...
Tags: Steel Output, Mineral, Crude Steel Output
According to the data provided by the Turkish Statistical Institute (TUIK), in February this year Turkey's steel billet exports amounted to 195,595 metric tons decreasing by 27.3 percent compared to the previous month and down 3.1 percent ...
Tags: Billet Exports, Mineral
In the week ended April 5, prices indicated another significant decrease in the London Metal Exchange (LME) billet market, after the strong falls recorded in the previous two weeks. The following prices were recorded in LME billet contract ...
Tags: LME Billet Market, LME Billet
Shanghai-based Chinese steel giant Baosteel announced on March 29 that in 2012, its annual operating revenue reached RMB 191.136 billion ($30.73 billion), down by 14.1 percent compared to RMB 222.505 billion ($35.77 billion) recorded in ...
Tags: Baosteel, Net Profit, Mineral
Turkish rebar producer Izmir Demir Çelik Sanayi A.Ş. (IDC) has announced its financial results for 2012, stating that in 2013 it expects demand to be positively affected by the start of the construction season in April, the ...
Tags: IDC Optimistic, Steel Demand