According to the American Iron and Steel Institute, in the week ending March 1, 2014, US domestic raw steel production was 1,861,000 net tons while the capability utilization rate was 77.4 percent. Production was 1,875,000 net tons in the ...
ArcelorMittal to supply clad steel plate for UAE's largest oilfield Luxembourg-based ArcelorMittal has announced that its Industeel site in Le Creusot, France, will provide 5,400 mt of clad steel plates for the Zakum oilfield, the largest ...
Tags: Clad Steel Plate
On March 5, Chinese Premier Li Keqiang delivered his government work report during the opening meeting of the second session of the 12th National People's Congress (NPC) in Beijing, stating that in 2014 China's GDP is expected to grow by ...
Tags: Steel Capacity, Mineral
In the January-February period of this year, total shipment volumes by Russian railway monopoly Russian Railways (RZD) - including ferrous metals, coal, oil, fertilizers and timber - increased by 0.3 percent year on year, according to the ...
Tags: Ferrous Metal, Russian Railways
The profitability of steelmakers based in China's Hebei Province remained low in 2013, with 16 percent of key steel companies in the province suffering losses, according to media reports citing the recent 2014 board meeting of the Hebei ...
Tags: steelmakers, steel industry
The Indian government has been caught between the conflicting demands of iron ore miners and steel producers regarding the recently imposed five percent export duty on iron ore pellets, a government official said on Wednesday, March 5. As ...
Tags: Iron Ore, Export Duty
American automaker General Motors (GM) is set to invest $14m in the installation of a progressive press at the Parma Metal Center in Ohio. The press will be used for both die tryout and regular parts production. It is expected to start ...
Tags: General Motors, Metal Center
New Luxe Kitchen Bench Drains feature 100% stainless steel construction and are fabricated as decorative linear countertop insert drains for stylish, modern kitchens. Luxe Kitchen Bench Drains are available in a myriad of standard ...
Tags: Kitchens countertop, countertop, Construction, Decoration
US raw steel production picked up 1.6% week on week as steelmaking in the Great Lakes bounced up 4.4%, American Iron and Steel Institute data released Tuesday showed. In the week ended March 1, US mills produced 1.861 million st of raw ...
According to a report by international credit rating agency Moody's, iron ore operations will support the profitability of vertically integrated CIS-based steelmakers, despite growing price risks on slowing demand from China and a supply ...
Tags: Steelmakers, Mineral
Alacero, the Latin American steel association, has reported that in 2013 China's finished steel exports to Latin America increased by 17 percent year on year to 5.3 million metric tons, while Latin America exported just 42,000 metric tons ...
Tags: Finished Steel, Mineral
In January this year, China exported 248,114 mt of stainless flat steel, up 19 percent compared to 208,340 mt in December and up 70 percent year on year. The growth is mainly attributed to the strong demand from Asian markets as well as low ...
Tags: Stainless Steel, Mineral
Major Chinese steelmaker Baosteel has announced that it has signed a cooperation agreement with Netherlands-based Nedschroef Group, a leading global producer of fasteners. Accordingly, Baosteel's high-strength cold forging steel will be ...
Tags: Baosteel, steelmaker
In the first two months of the current year, Turkey's steel exports totaled 3.07 million mt, down four percent year on year, while the value of these exports decreased by 2.7 percent year on year to $2.3 billion, according to the data ...
Tags: Steel Exports, Mineral
Turkish rebar producer Izmir Demir elik Sanayi A. (IDC) has announced its financial results for 2013, stating that the challenges regarding the supply and demand balance continued in the last quarter of 2013 due to overcapacity. IDC pointed ...
Tags: rebar producer, Mineral