Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. (Masteel) has announced that it plans to sell some non-steel assets to its parent company Maanshan Iron and Steel Group for the purpose of optimizing asset structure, ...
Tags: Non-Steel Assets, Mineral
On Tuesday, a number of US mills filed antidumping/countervailing duty against the majority of oil country tubular goods (OCTG) imports from the majority of supplying countries. Although a case has been generally expected for some time now, ...
Tags: Mineral, steel, antidumping
It is learned that two new steel companies in Ghana is expected to start operations by the end of next month. The new mills are Jordanian-owned Rider Steel and Lebanese-owned United Steel Limited, their production capacity are 5,000 tons ...
Tags: Construction, Metallurgy, Mineral, Energy
Russkaya Stal (Russian Steel), a non-pro t association of Russian domestic steelmakers, has reported that its main member enterprises produced 4.48 million metric tons of finished steel in April this year, down 4.4 percent from March and ...
Tags: Steel Output, Mineral
According to data released by China’s Ministry of Industry and Information Technology (MIIT), the steel enterprises in the Chinese Hebei provinces realized the aggregate gross profits of RMB9.02 billion in the first quarter of this ...
Tags: Hebei Steel, Steel
Reportedly, Ternium, a manufacturer of flat and long steel products and it is one of the leading steel companies in Latin America planned to invest approximately US$27 million for upgrading its currently production capacity of its ...
Tags: steel products, steel
Steel is an alloy of iron with different metals like nickel, manganese, chromium and numerous others. It is unquestionably the most widely utilized metal amalgam encompassing the globe because of the fact that it is utilized for the ...
Tags: steel, Manufacturing, Processing Machinery
Shougang, one of the largest steel companies in China announced to cut its prices for steel flat products for May. The company decided to cut its prices for hot rolled coils (HRC) by RMB150/ton, making its prices for Q235 HRC with thickness ...
Tags: steel, Metallurgy, Mineral, Energy
It is learned that Spain´s crude steel output in 2012 was 13.6 million tons, down by 12% from the previous year. According to the country´s Steel Companies Union (UNESID), this output number represents a consecutive year of ...
Tags: Steel Production, Steel
France-based pipe manufacturer Vallourec has stated that it is maintaining its commitment to sustainable development, indicating that in 2012 it achieved a 12 percent increase in energy efficiency compared to 2008. Vallourec saw a big ...
Tags: Metallurgy, Mineral, Energy, steel pipe
It is learned that the current hot rolled coil price from local steelmakers is around 6%~9% lower than imported Chinese steel, which is contrary to the historical trend of a premium over international prices. According to vice president of ...
Tags: Metallurgy, Mineral, Energy, steel
According to the annual reports of 12 public steel companies in China, 5 steel company's annual loss together had reached RMB11.454 billion (US$1.85 billion). The 5 steel companies are Angang, Magang, Anyang Steel, ST Shaogang and Chongqing ...
Tags: Metallurgy, Mineral, Energy, steel
Recently, Baosteel Co.,Ltd. and China Shipbuilding Industry Package Logistics Co., Ltd. sign scrap supply long-term agreement, creating precedent for Baosteel and waste production companies' establishment of scrap direct supply mode. This ...
Tags: Baosteel, steel, steel industry
Reportedly, ThyssenKrupp released bids in for its steel mills in Brazil and the United States. Heinrich Hiesinger, the CEO of ThyssenKrupp has declined to comment on the prices. The deadline for final bids was in February. The ...
Tags: steel mills, steel companies, steel
Shougang, one of the largest steel companies in China informed its trade agents to raise the prices of hot rolled and cold rolled coils by RMB180/ton and RMB180~RMB250/ton respectively for March. Also, the company decided to increase ...