Usinas, the Brazilian steelmaker, is going to increase its steel prices for distributors by 12% next month. The new price adjustment will apply to some steel products and ranges from 6% to 12%. The policy of price up is expected to ...
Tags: steelmaker, steel, steel prices
Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA (Usiminas) reported loss in the fourth quarter as weak market demand draw down the performance of strong sales and massive turnaround in operations. Usiminas posted a ...
Tags: Usiminas, operation earnings, loss
Reportedly, Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA (Usiminas) planned to stop the operation in Cubatão facility and it will not affect the company’s business. Currently, Usiminas has eight ...
Tags: steelmaker, Usinas, steel
Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) and various entities affiliated with CSN have filed a lawsuit against Tenaris SA's Brazilian subsidiary Confab Industrial SA and various subsidiaries of Ternium SA. The ...
Tags: steelmaker, CSN, steel industry
Reportedly, Brazilian steelmaker Gerdau planned to begin the production of flat steel in the first quarter of 2013. However, there is no any further detail has offered so far. Meanwhile, the company has under testing run stage for flat ...
Tags: flat steel operation, steelmaker, flat steel
Colombian Minas Paz del Río (PDR), a subsidiary of Brazilian steelmaker Votorantim Siderurgia, plans to make investments to increase met coal output. The company extended two contracts with Colombia's mining and energy ministry and ...
Tags: PDR, steelmaker, Votorantim Siderurgia, coal
Analysts at Credit Suisse Group cut the recommendation on preferred shares of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA to "underperform" from "neutral," saying recent gains in the price of the stock are probably ...