Most domestic steelmakers are seeing an improvement in their third-quarter performance. Fifteen of the 20 listed steel companies that issued third quarter reports made profits, as opposed to last year, when up to 90 percent of the steel ...
Tags: Steel Industry, Steelmakers
The country's largest flat-rolled alloy steel producer, Wuhan Iron and Steel (Group) Corp, said Sunday that it will respond in a proactive manner to an anti-dumping investigation launched Friday by the US Commerce Department. Xinhua News ...
Tags: Steel Firm, US Probe
It is reported that China's Angang Steel Co and Japan's Kobe Steel is partnering to build a new steel plant in China to supply the auto industry. The investment is said to be around US$287 million aiming at the growing demand for automotive ...
Tags: steel, Construction
According to the National Confederation of Industry (CNI) reported that Brazil planned to increase its investment in transportation and energy infrastructure in next 10 years from 2013-2022. The country needs to implement more ...
It’s reported that many china steel makers are still facing difficult time and are expected to lower factory prices for major steel products. Although China has a lot of ongoing infrastructure construction projects, the steel prices ...
Tags: Steel Industry, Steel
Yieh United Steel Corp. (Yusco) and Tang Eng, the two largest stainless steel producers in Taiwan have hiked its stainless steel prices for this January, driven by higher nickel prices. Moreover, it’s said that the two stainless ...
Tags: stainless steel, Taiwan, steel prices
Environmental reviews of TransCanada's controversial Keystone XL pipeline have so far ignored the pollution potential of petroleum coke, a byproduct of the diluted bitumen that would get carried by the system, a group opposed to fossil ...
Tags: pipeline, petroleum coke, fossil fuels
According to report, Peru sees its economy will continue to grow about 6.1 percent this year on expansion of mining and construction activities. The GDP of the country grew 6.3% in 2012. The expansion of two sectors is related to domestic ...
Tags: mining, construction, steel market
Reuters reported the fire damage of French Aperam, the third largest stainless steel maker in Europe, will benefit Outokumpu and other European producers and lead the EU stainless steel prices to rise. This fire in its Gueugnon plant ...
Tags: French Aperam, stainless steel, stainless steel prices, cold rolled coils
Business Standard reported that the All OdishaF Steel ederation, an association of secondary and finished steel makers, has urged the ministerial panel on raw material supply to address issues pertaining to pricing and availability of ...
Tags: Iron Ore, Iron Ore price, Odisha Steel Federation, steel market
Business Standard reported that iron ore consumption in domestic steel units went up in December after the Odisha government asked the miners to set aside half of their mineral production for local industries. In December, local crusher ...
Tags: iron ore consumption, iron ore, mineral production, local industries
PTI reported that country's major steel makers are set to add around 24 million tonnes per annum capacity through brown field expansions by 2017-18 involving investments to the tune of INR 0.1 million. According to a Steel Ministry data, ...
Tags: steel makers, steel, Steel Authority, steel capacity
FIMI has pitched for a drastic reduction in export duty on low grade iron ore to 5%from the present 30%,the current rate has rendered shipments unviable. Mr RK Sharma secretary general,Federation of Indian Mineral Industries said that"We ...
Tags: FIMI, iron ore fines, Federation of Indian Mineral Industries
It is reported that China Hanlong is looking for state run businesses in China to co develop the USD 4.7 billion flagship Mbalam iron ore project located in Africa that is owned by Sundance Resources. Several super large state run ...
Tags: China Hanlong, state run businesses, Mbalam iron ore project, financing
It’s reported that the Taiwanese stainless steel makers are going to release list prices for next January this week. Market participants forecasted that the Taiwanese stainless steel producers might hike the domestic prices by ...
Tags: stainless steel, steel price, steel market, steel, Taiwan