India-headquartered steel giant Tata Steel Group has issued its group financial results including Tata Steel Europe for the fourth quarter and the full financial year ended March 31. Tata Steel Group's net profit doubled to INR 10.36 ...
Tags: Tata Steel, blast furnace
Japanese steelmaker Kobe Steel has announced its plans to reline blast furnace No. 3 at its Kakogawa works in western Japan. The company will shut down the blast furnace from the end of September 2016 for a 90-day period to undertake the ...
Tags: Kobe Steel, steelmaker
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the first quarter of the current year, reporting a net profit of ZAR 322 million ($31.1 million), compared to a net loss of ZAR 275 million ...
Tags: steel producer, ArcelorMittal
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, the global long steel products market is still characterized by uncertainty amid the adverse effects of ...
Tags: Long Steel Demand, steel products
Brazil-based steel producer Gerdau SA has reported its financial results for the first quarter this year, posting a net profit of R$440 million ($197.3 million), rising from R$160 million in the corresponding quarter of 2013, mainly ...
Tags: steel producer, iron ore
Altos Hornos de México (AHMSA) successfully completed the reconstruction in one of their blast furnaces this week, with an investment of US$7.6 million. The project interconnects the systems hot and cold air, gas collection and ...
Tags: Blast Furnace, AHMSA
AK Steel reported Tuesday a net loss of $86.1 million, or $0.63 per diluted share of common stock, for the first quarter of 2014, compared to a net loss of $9.9 million, or $0.07 per diluted share, for the first quarter of 2013 and net ...
Tags: AK Steel, blast furnace
In the first quarter of this year, world pig iron production amounted to 295,680 million mt, rising by 2.12 percent compared to the same period of 2013, according to the preliminary data covering 38 countries accounting for approximately 99 ...
Tags: Pig Iron, blast furnace
Italian steel producer Lucchini is expected to shut down its blast furnace in Piombino on Wednesday, April 23, after trying to postpone the inevitable end by halting production on Friday, April 18 and using limited raw materials, according ...
Tags: steel producer, Blast Furnace
Russian steelmaker NLMK Group has announced? that it has started hot testing the second pulverized coal injection (PCI) unit in its blast furnace operations at the main production site in Lipetsk (Novolipetsk). The company has started ...
Tags: Metallurgy, Mineral, Steel
US investment bank Goldman Sachs said Wednesday it has upgraded its three-month and six-month nickel price forecasts on the back of the Indonesian ban on nickel ore exports. The bank notes that following a fragmented Indonesian election ...
Tags: Goldman Sachs, Nickel
In the first quarter of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 1.4073 million mt, down 12.7 percent year on year, as announced by the ...
Tags: Crude Steel, Steel
Finland-based steelmaker Ruukki has announced that it will replace the blast furnace oil injection system at its Raahe steel plant with a new pulverized coal injection (PCI) system to improve steelmaking cost efficiency by reducing raw ...
Tags: Ruukki, steelmaker
Indian steelmaker Tata Steel has announced that its crude steel output for the financial year 2013-14 ending March 31 amounted to 9.15 million mt, increasing by 12.55 percent year on year. The company's liquid pig iron output in the given ...
Tags: Tata Steel, Crude Steel, steel output
Russian pipe producing company United Metallurgical Company (OMK) has announced that its Russia-based Chusovoy Steel Works (ChSW) stopped producing steel through its open-hearth furnaces on March 31. The halt of the last open-hearth furnace ...
Tags: Metallurgy, Mineral, Steel, pipe