International credit rating agency Standard & Poor's Ratings (S&P) has announced that a potential sale by Indian steelmaker Tata Steel of its European long steel products business and associated distribution activities is credit positive ...
Tags: steelmaker, Tata Steel
German steelmaker ThyssenKrpp has announced that its blast furnace No. 2in Duisburg-Schwelgern, Europe's biggest blast furnace, is back in operation after three months of a halt in production to carry out necessary modernization work. The ...
Tags: Blast Furnace, Metallurgy
Russian steelmaker Novolipetsk Steel (NLMK) has announced its production and sales data for the third quarter of the current year. According to the company statement, NLMK's crude steel output in the third quarter increased to 4.131 million ...
Tags: Crude Steel, Crude Steel Output
Henan Province-based Chinese steelmaker Anyang Iron and Steel Co. (Anyang Steel) has announced that on October 16 it will issue short-term bonds worth a total of RMB 1 billion ($0.16 billion) for a term of 365 days. This will be the steel ...
Tags: Anyang Steel, Short-Term Bonds
Ukrainian steelmaker Ilyich Iron and Steel Works of Mariupol (Ilyich), a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has announced that in September it has commenced a large-scale general repair ...
Tags: Metallurgy, Mineral, Energy, Iron, Steel
Russian steelmaker NLMK has announced that it has upgraded air-blowing equipment used in blast furnace operations in Lipetsk. This upgrade will enable NLMK to reduce its environmental footprint and save approximately RUB 210 million ($5.3 ...
Tags: Metallurgy, Mineral, Energy, Steel
Finland-based stainless steelmaker Outokumpu has announced an update on its strategy, and also announced the expansion of its efficiency programs as well as the expected achievement of its €200 million synergy targets in 2015, two ...
Tags: Outokumpu, stainless steelmaker
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net loss of EGP 176 million ($24.6 million), compared to a net profit of EGP 302 million in the first half of 2013. ...
Tags: Ezz Steel, long steel
Indian steelmaker JSW Steel's joint managing director Seshagiri Rao has told CNBC TV18 that JSW Steel will import 10 million mt of iron ore this year, rising from the planned 6 million mt, "after having seen severe shortages in India and ...
International credit ratings agency Moody's has announced that it has changed the rating outlook on Australian steelmaker Bluescope Steel to positive from stable. At the same time, Moody's has affirmed Bluescope's Ba3 corporate family ...
Tags: steelmaker, Steel
Indian steelmaker Tata Steel has announced that it has opened a new finishing line at its IJmuiden steelworks in the Netherlands to strengthen the supply of high-value steels to the automotive sector and other markets. Tata Steel invested ...
Tags: Tata Steel, Automotive Steel
Mexican steelmaker Altos Hornos de Mexico (AHMSA) will provide steel for the new international airport planned for Mexico City, reported the Director General of the steel, Luis Zamudio Miechielsen. The construction of the new terminal on ...
Tags: Metallurgy, Mineral, Energy, Steel
Taiwan's largest steelmaker China Steel Corporation (CSC) has announced that in August this year its carbon steel sales volume amounted to 828,661 metric tons, rising 3.35 percent compared to July and accounting for 64 percent of domestic ...
Tags: Carbon Steel, steel
Mexican steelmaker Industrias CH (ICH) expects to increase its steel production in line with new energy reform and growth in the automotive sector. Sergio González, chief financial officer of the company, said that the installed ...
Sajjan Jindal, the millionaire owner of Indian steel producer JSW Steel, has stated that he has offered less than $100 million to buy the steel complex of Italian steelmaker Lucchini in Piombino, Tuscany, Italy, while not wanting to take on ...