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
The next gen of the Jindal family has just checked in at the corporate headquarters of the USD 10 billion power to ports JSW group. 22 year old Parth Jindal scion of the Jindal South West group, which controls India’s largest private ...
Tags: JSW, steel producer, steel, automotive steel, electrical steel
China Daily reported that Tangshan Iron and Steel Group Co plans to further expand its overseas businesses and manufacture more steel products for automobile use as part of its efforts to counter the slump in the Chinese steel industry. ...
Tags: Tangshan Iron and Steel Group, steel products, steel industry
Indonesian state steelmaker Krakatau Steel on Wednesday signed a joint venture agreement with Japanese company Nippon Steel & Sumitomo Metal Corporation to build a steel plant that will supply the domestic automotive industry. The joint ...
Tags: Krakatau Steel, Auto Industry
China Daily reported that if the lottery system allowing people to purchase automobiles in first-tier cities was expanded to all major cities across the country, it would be a big damper for the country's steel industry. China's steel ...
Tags: lottery system, automobile, steel industry, China
Angang,a large steel maker in the world in terms of crude steel output,announced CNY 18.6 billion investment plan to expand 7 existing mines,construct 3 new mines and update 2 tailings reservoirs in a hope to raise its iron ore independency ...
Tags: Angang, steel maker, analyst, iron ore
PTI cited a senior official of Steel Ministry as saying that the proposal to set up a steel plant jointly by state owned NMDC and Russia's Severstal has been put in cold storage as both the companies are not willing to lose management ...
Tags: PTI, NDMC, POSCO, JV company, Management Issue, steel maker, Severstal
Indian Express cited the steel ministry as saying that Tamil Nadu public sector SAIL will scale down operations unless the state waived the company's accumulated liabilities of INR 470 crore and re-validated its mining leases.The move to ...
Tags: Tamil Nadu, SAIL, SRCL, Steel
Reuters reported that South Africa is drawing up laws to force platinum and iron ore miners to sell "small amounts" of production to local processors at a discount to diversify its economy. Mr Lionel October director general of the ...
Tags: platinum, iron ore miners, domestic metal, South Africa
Biz Journal reported that lawyers for RG Steel LLC’s parent company are seeking to recoup millions of dollars in payments the steel maker made to its suppliers in the three months leading up to its Chapter 11 bankruptcy filing in May. ...
Tags: RG Steel, LLC, steel maker, bankruptcy
According to report, the Finnish stainless steelmaker Outokumpu and German-owned Inoxum will formally start operation as one company under the name of Octokumpu, effective January 1st, 2013. The new Outokumpu will become the world’s ...
Tags: stainless steelmaker, steelmaker, steel, stainless cold rolling
Reuters reported that Luxembourg based stainless steel maker Aperam is interested in buying the ThyssenKrupp Acciai Speciali Terni plant in Italy, the company said, joining what sources said was a list of possible bidders. Others ...
Tags: stainless steel maker, Aperam, ThyssenKrupp Acciai Speciali Terni
Yieh Hsing, one of the major stainless and carbon steel wire rod re-rolling mills in Taiwan, has announced its November sales revenue totaled NT$443 million, falling by 20.5% from a month ago. In fact, the company has ...
Tags: Yieh Hsing, stainless steel, carbon steel, Taiwan, sales revenue
PTI reported that at least a couple of Indian steel makers have raised the price of flat products by up to INR 1,500 per tonne since December 1st to align the domestic price with landed import costs, now hovering between INR 35,000 tonne to ...
Tags: steel, hot rolled coil, flat product, metal
When Encana Oil and Gas gets its new "gas for cash" drilling program underway, it will be producing fuel for a steel making company that boasts of making recycled steel products using significantly less energy than other steel manufacturing ...
Tags: oil&gas drilling, future natural gas, oil and gas job, steel scrap buyers