Mexico's Industrias Lenox said that the company planned to invest US$200 million for upgrading its steel plant in the municipality of Linares, in the northeastern state of Nuevo Leon. The new steel project has already been started and ...
Tags: steel project, steel, steel plant
On January 17, Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of Chinese steel giant Baosteel Group, issued its financial results for 2012, indicating a net profit of RMB 155 million ($25 million), down ...
Tags: Bayi Steel, Nanjiang Steel, steelmaker
Reportedly, China’s Baosteel and Korean auto components maker GNS Automotive planned to launch new auto sheet plant located in Hwaseong city, south of Korea’s industrial hub of Incheon. Meanwhile, the two companies have already ...
Tags: China, Baosteel, Korea, GNS Automotive, JV
Reportedly, BlueScope Steel planned to cut its steel production capacity including output of cold rolled, metallic coated and painted sheet at its Western Port works plant. The company said that its coated steel production is likely ...
According to the 12th five-year plan period (2011-15) development objectives for the metallurgical industry in Chengdu in China’s Sichuan Province released by the Economic and Information Commission of Chengdu on January 6, seven ...
Tags: metallurgical industry, small steel producing, annual outputs, China
Dr.Veysel Yayan,the Secretary General of Turkish Iron and Steel Producers Association has shared his views regarding the steel industry and the price trends in the market locally and globally. The high performance of Turkish steel ...
Tags: Turkey, steel production demand, Turkish steel industry, steel prices
Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel (Group) Co. (TISCO) has announced that in 2012 it achieved a record annual finished steel output amounting to 10.15 million mt, up 2.52 percent year on year, including 3.1 ...
Tags: Chinese steelmaker, Metallurgy, Steel Output
Business Standard reported that Indian steel mill’s dependence on pellets as a raw material is set to increase by at least 13% points in the next two years, due to shortage of high grade iron ore in India. Data compiled by OreTeam ...
Tags: India, steel mill, pellets, raw material
As per a PTI report, Odisha has already achieved steel production capacity of 12.66 million tonne per annum and may reach 77.16 million tonne per annum after commissioning of projects for which 49 MoUs have been signed with corporates. Mr ...
Tags: steel production capacity, Odisha Steel and Mines, integrated steel
Mr Beni Prasad Verma the minister of Steel said that during 2011-12, consumption of finished steel in the country was 70.92 million tonne as against production of 73.42 million tonne. As such, there is no gap between demand and supply of ...
Tags: steel scrap buyers, stainless steel, buy steel pipe, steel tubes
Turkey's exports of steel and steel products including such specific materials as pipe amounted to USD 14.32 billion in the first 11 months of this year an increase of 3.09% over the same period a year ago suggesting an end of 2012 target ...
Tags: steel, steel products, specific materials pipe, Turkish steel
Times of India reported that the Abhijeet Group has managed to complete the commissioning of the first phase of its steel plant along with a captive power plant at Saraikela in Kharsawan district. The plant in the first phase will have a ...
Tags: Abhijeet Group, Steel Plant, steel, power plant
Han-Steel Announced in recent that it had succeed in smelting a kind of variety steel ML35. During the smelting and pouring process, craftsmanship got stable controlled and the surface of casting blank reached quality requirements. Steel ...
Tags: Market View, Fasteners
China's stainless steel manufacturers will enter the summer maintenance period. In the next few weeks, nickel prices would face pressure. However, given the domestic stainless steel production capacity expansion will boost the market demand ...
Tags: stainless steel