Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Co. (Ansteel) has announced in its final financial report for the first quarter this year that it achieved an operating revenue of RMB 18.399 billion ($3 billion) in the given ...
Tags: Ansteel, steelmaker
In its final financial report for the first quarter this year, Hunan Province-based Chinese steelmaker Hunan Valin Iron & Steel Co. (Hunan Valin Steel) has announced an operating revenue of RMB 14.077 billion ($2.3 billion), up 7.38 percent ...
Tags: Hunan Valin Steel, steelmaker
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2013-14 ended March 31. For the given period, Kobe Steel has reported a net profit of JPY 70.2 billion ($686.4 million), compared to a net loss ...
Tags: Steel, Metallurgy, Mineral, Construction
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China were unchanged week-on-week at Yuan 6,600-6,800/mt (81-83.5 cents/lb) delivered with 17% VAT on Wednesday as the market waited for May purchase prices from the ...
On April 22, Guangxi Province-based Chinese steelmaker Liuzhou Iron and Steel Co. (Liuzhou Steel) announced that in 2013, its operating revenue amounted to RMB 36.849 billion ($6.011 billion), down 1.15 percent, while it recorded a net ...
Tags: Liuzhou Steel, Iron, Steel
The seaborne iron ore market reversed losses Thursday, as an influx of buying activity suddenly emerged in the spot market. Platts assessed the 62% Fe Iron Ore Index at $116.25/dry mt CFR North China Thursday, up $1.50/dmt from Wednesday. ...
Tags: Iron Ore, Interest Resurfaces, spot market
Colombian exports of ferronickel, a processed metal used in the manufacture of stainless steel, totaled 10,516 mt in February, up 46.3% from the 7,187 mt shipped in February 2013. The month's export volume, however, was down 18.1% from ...
Tags: ferronickel, stainless steel, Cerro Matoso
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that in 2013 its Gansu-based subsidiary Hongxing Steel recorded a net loss of RMB 2.338 billion ($383.28 million), as compared with a net profit of ...
Tags: Steel, Iron, Hongxing Steel
ArcelorMittal Brasil, Brazilian subsidiary of global steelmaker ArcelorMittal, has announced its financial results for 2013, indicating that the surplus of global steel production capacity is over 570 million mt, which still presents risks ...
Tags: Steel, Metallurgy, Mineral
China's Jinling Mining hiked its iron ore concentrate production in 2013 to 1.23 million mt, up 6.9% year on year in 2013, the Shenzhen-listed company said in its financial report released Tuesday. Jinling, one of the few Chinese iron ore ...
Tags: Jinling Mining, iron ore mining
During Investor Day 2014 held in London on Monday, March 10, ArcelorMittal CEO Lakshmi Mittal said that the current political turmoil in the CIS is likely to impact steel demand in the region, with regional demand growth expected to at ...
Tags: Steel, Core, Metallurgy, Mineral, Energy
China's iron ore import prices are likely to come under pressure in March, as the expected increase in domestic steel output is unlikely to offset the impact of persistent iron ore oversupply in China, the China Iron & Steel Association ...
Tags: Iron Ore, Steel Demand
The transaction prices of L8 and L10 steelmaking pig iron in northern China's Hebei province stood at Yuan 2,460-2,510 ($400-408) /mt on March 3, down 1.6% from Yuan 2,500-2,550/mt on January 28, with the widely expected post-holiday ...
Tags: Pig Iron, Steel Market
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that in 2013 its Gansu-based subsidiary Hongxing Steel recorded an estimated net loss of RMB 2.35 billion ($385.2 million), as compared with a net ...
Tags: Hongxing Steel, Mineral, steelmaker
Finland-based steelmaker Ruukki has issued its financial results for the fourth quarter and the full year of 2013, reporting an operating profit of €8 million in the fourth quarter, compared to an operating loss of €34 million in ...
Tags: steelmaker, Ruukki