ArcelorMittal, the world’s biggest steelmaker, announced the temporarily shutdown of its steel plant and rolling mills in Warsaw due to weak demand. The steel giant last week has suspended facilities in Belgium and close two idled ...
Tags: steelmaker, steel plant, steel giant
Minmetals Development Co., China’s largest integrated steel trading and logistics services provider announced that its sales forecast report recently. According to its report, Minmetals Development expected that it may loss RMB ...
WISCO Logistics Co., logistics subsidiary of Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Co. (WISCO), plans to create the largest logistics center for steel trading in central China, as reported by Chinese media ...
Beijing-based Chinese integrated steel trading and logistics services provider Minmetals Development Co. Ltd has issued its financial results for 2012, indicating a net loss of RMB 350 million ($56 million), compared to a net profit of RMB ...
Tags: Minmetals, steel trading, steel market
Police have started investigating a case involving CNY 100 million of bank debt instruments tied to some troubled steel transactions, and one expert says the industry could face more similar problems. State owned trading enterprise Sinoma ...
Tags: steel transactions, steel, metal, steelmakers
Marubeni-Itochu Steel Inc announced that it has agreed to acquire the 59.12% stake that lead shareholder Ann Joo Resources Berhad holds in Malaysian metal press processor Anshin Precision Industries Sdn Bhd as well as the 8.69% share ...
Tags: auto industry, local procurement ratios, comprehensive services
Reportedly, the construction of Chinese Masteel's first steel trading center, Masteel Material Technology Company officially began on November 9th 2012 in Chongqing city.a The factory occupies 14103 square meters and is estimated to ...
Flat rolled steel trading in the United Arab Emirates is slow on account of reduced working hours during Ramadan. Some import offer prices to the country have decreased from late July. Steel Business Briefing is informed by sources that the ...
Tags: Flat rolled steel
John Foster began his steel industry career at J&L Steel,where he became acquainted with the full range of steel products,from flat rolled to pipe to longs.He later worked at CF&I Steel,serving as General Manager of the bar,rod,wire and ...
Tags: steel industry, J and L Steel, CF and I Steel, US