International credit ratings agency Fitch Ratings has affirmed the credit rating of the Indian steel giant Tata Steel Limited at BB+, while the outlook remains negative. The negative outlook continues to reflect Fitch's expectations of ...
Tags: Fitch Affirms, Tata Steel
ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, has stated that in April it plans to ship around 255,000-260,000 mt of rebar, almost unchanged compared to March, including shipments of 25,000-30,000 mt of ...
It’s reported that Indian steel giant Tata Steel announced that its sales results for the fiscal year 2012/13 ended on March 31t and the fourth quarter. In the fiscal year 2012/13, the company’s domestic sales rose by 13 ...
Tags: Tata Steel, Mineral
Neville Power, CEO of Australia's third-largest iron ore producer Fortescue Metals Group, stated at the 2013 Boao Forum that the company is studying the feasibility of an initial public offering in Shanghai or Hong Kong for Hong Kong-based ...
Tags: Fortescue Mulls, JV Project, Baosteel
Neville Power, CEO of Australia's third-largest iron ore producer Fortescue Metals Group, stated at the 2013 Boao Forum that the company is studying the feasibility of an initial public offering in Shanghai or Hong Kong for Hong Kong-based ...
Tags: Fortescue Mulls, JV Project, Baosteel
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
Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of Chinese steel giant Baosteel Group, has issued its final financial results for 2012, indicating a net profit of RMB 154 million ($25 million), down ...
Tags: Steel, Metallurgy, Mineral, Energy
Chinese steel giant Angang Steel Co. (Ansteel) announced on April 2nd that it turned profitable in the first quarter this year with net profit expected to reach RMB 550 million. Ansteel dedicated its reform in the management and ...
Tags: Metallurgy, Ansteel, profit
Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of Chinese steel giant Baosteel Group, has successfully completed ignition and test runs at its Nanjiang iron and steel production base project, as ...
Tags: Steel, Metallurgy, Mineral, Energy, xinjiang
On March 25, Shanghai-based Chinese steel giant Baosteel announced that it has signed a contract for long-term supply of steel scrap from Shanghai-based CSSC Logistics Co., a wholly-owned subsidiary of China State Shipbuilding Co. (CSSC). ...
Tags: Baosteel, steel giant, steel
On March 27, Beijing-based Chinese steel giant Shougang Group announced that in the January-February period of the current year its subsidiary Shougang Tonggang Mining Co. produced 435,300 mt of iron ore, equivalent to 100.87 percent of the ...
Tags: Tonggang Mining, Iron Ore, Mineral
ArcelorMittal, the world leading steel producer has researched and showed great interests to supply new invented high strength steels to promote fuel reduction for automotive industry by 2025. The steel giant determined this new researched ...
The Korean steel giant Posco planned to establish two new continuous galvanizing lines in Thailand and Indonesia in order to expand its autosheet market share in the two countries. According to the official of Posco, the company planned to ...
Tags: Posco, Metallurgy, Mineral
The steel giant ArcelorMittal predicted that the CIS's steel demand would remain strong till 2018. Besides, it's expected that the CIS's steel consumption would reach 72 million tons, calculating according to the annual growth rate of 4.2%. ...
Tags: Construction, Metallurgy, Mineral, Energy, steel
Brazil-based ArcelorMittal Vega, part of the global steel giant ArcelorMittal, has announced that it has completed a $10 million investment to install new post-treatment technology on its galvanizing line No. 1. The new technology ...
Tags: Metallurgy, Mineral, Energy, steel