On April 2, Liaoning Province-based Chinese steelmaker Angang Steel Co. (Ansteel) announced that its net profit for the first quarter this year is expected to reach RMB 550 million ($88.42 million). In 2012 and 2011, Ansteel recorded ...
Tags: Metallurgy, Mineral, Energy, steel, Ansteel
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group announced that as of March 24, its Yanshan iron ore mine , produced 375,600 mt of iron ore concentrate in January-March period of the current year, exceeding the target for ...
Tags: Iron Ore, Mineral, Metallurgy
In the week from March 25 to March 31, the scrap indexes started to move downwards on the Orbis Steel Index. In the given week, the Turkish rebar index slightly decreased. The Turkish flat rolled products indexes have not shown any changes ...
Tags: Scrap, Steel Index, Mineral
Mr. Sanjay Mehta, Chief Executive Officer of Al Nasser Industrial Enterprises LLC, the biggest trading company in the UAE, evaluated the current situation in the UAE rebar market for SteelOrbis. What can you tell us about the current ...
Tags: rebar market, SteelOrbis, rebar
Sundeep Rao, director of Oman-based Sohar Steel, which produces rebars, coated rebars and weld mesh, has answered SteelOrbis' questions regarding the market outlook and Sohar Steel's operations. What is the situation regarding Sohar ...
Tags: Metallurgy, Mineral, Energy, steel
Gujarat NRE Coking Coal (GNCCL), the Australian subsidiary of India-based Gujarat NRE, has announced that India-based Jindal Steel & Power Limited (JSPL) has increased its shareholding in the company to 31.5 percent from 29 percent as of ...
Tags: Coking Coal, coal, Metallurgy, Mineral, Energy
The European Steel Association (EUROFER) has welcomed the European Commission's (EC) 2030 framework for climate and energy policies, stating that a reliable long-term policy framework is important for investment decisions in the industry. ...
Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced that NS BlueScope Coated Products, its coated products joint venture with Australia-based steel producer BlueScope Steel Limited, has been launched. BlueScope stated ...
Tags: NSSMC, Bluescope, BlueScope Coated Products
At the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting held on March 3-5 in Doha, Gianpiero Repole, commercial director of Liberty Group assessed the current situation in long steel markets and shared his opinions regarding the ...
Tags: steel, minerals, steel industry
According to the customs statistics provided by the Turkish Statistical Institute (TUIK), Turkey's slab imports amounted to 178,248 metric tons in January this year, falling 13 percent compared to the previous month, after four consecutive ...
Tags: Slab Imports, Slab, Slab Industry
London-listed Bellzone Mining has provided an update on the anticipated production and shipment volumes from the Forécariah joint venture in the Republic of Guinea, West Africa. Bellzone expects to produce and export 800,000 mt to ...
Tags: Bellzone Mining, Mineral, Metallurgy, ForéCariah JV
Italy's flat steel output amounted to 918,000 mt in January this year, down 28.8 percent year on year, according to the latest figures provided by Italian steel producers association Federacciai. January was the sixth consecutive month in ...
Tags: Flat Steel Output, Flat Steel, Steel Output
In the week from March 18 to March 24, the scrap indexes switched to sideways movement on the Orbis Steel Index. In the given week, the Turkish rebar index started to move upwards. The flat rolled products indexes showed both downward and ...
Tags: Orbis Steel Index, rebar index, rebar
On Wednesday, Brazil's Vale lifted the force majeure on a number of its coal sales contracts in Mozambique. On February 15, 2013, Vale declared force majeure following heavy rainfall since early February in Tete, Mozambique, creating ...
Tags: coal sales, coal, Vale
Gujarat NRE Coking Coal (GNCCL), the Australian subsidiary of India-based Gujarat NRE, has announced that India-based Jindal Steel & Power Limited (JSPL) has increased its shareholding in the company to 29 percent as of March 22. JSPL also ...
Tags: Metallurgy, Mineral, Energy, Coking Coal