Reportedly, Taiwan’s Yieh Phui Enterprise, a leading coated steel business in Taiwan, has planned to improve its current cold rolling mill annual production capacity to 1 million at its China plant which as Yieh Phui (China) ...
Tags: coated steel, Taiwan, cold rolling mill, company news
ThyssenKrupp has completed the combination of its stainless steel business Inoxum with the Finnish company Outokumpu. With closing of the deal ThyssenKrupp will receive EUR 1 billion in cash from Outokumpu for Inoxum. In addition ...
Tags: ThyssenKrupp, stainless steel, German, Finland, combination, Inoxum
BusinessDesk reported that Fletcher Building,the country's biggest listed company,is to sell its CSP Coating galvanised steel unit to Hamilton based Perry Group as it looks to replace some of its treated metal products with imports. Perry ...
Indian steel making company, Tata Steel, has announced initiatives that will provide long term advances to its clients in the lifting and excavating sectors in the UK. The relighting of Blast Furnace No 4 at Port Talbot, a new high ...
Tags: TATA Steel, TATA, Steel, excavating sectors, heavy gauge decoiler
Reuters reported that German steel production will return to modest growth next year as companies rebuild stocks and demand from the automotive and engineering sectors picks up, a trade group forecast on Tuesday. Europe's steel industry ...
Tags: steel production, steel industry, crude steel output, steel business
Brazilian Ananda Metais , service center and sections fabricator , announced that the company was not positive to see the market demand improvement in 2013, especially for the currency exchange issue to lift of the US dollar and also due to ...
Tags: Brazilian Ananda Metais, steel products, currency exchange, market demand
The Australian reported that Arrium is considering expansions that could grow a key minerals processing business by more than 20% over the next 5 years through plants in Canada, Brazil and Peru. Mr Andrew Roberts consumables boss of ...
Reportedly, the South Korean steel giant Posco has upgraded for its long-term growth prospects and has become the world's third largest steelmaker. The company's third quarter 2012 financial result is better than Zacks Consensus Estimate ...
Tags: Posco, Third Largest Steelmaker, fast growing, steel
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
After the Kurri Kurri community was devastated by the closure of the local aluminium smelter, plans are afoot to bring a new manufacturing business to the town. Industrial Building Services plans to relocate from Tomago to the Hunter ...
Tags: steel business, steel, aluminium smelter, steel fabrication
Menmedia reported that a steel business is targeting growth after receiving a GBP 700,000 finance package from Yorkshire Bank. Radcliffe based Steel Dynamics was founded in September to supply stainless steel, duplex and nickel alloys to ...
Tags: Steel Dynamics, steel, stainless steel, nickel alloys
According to report, Austrian steel group Voestalpine said it has acquired Toronto-based Sturdell Industries to expand the special steel business in North America. Voestalpine also has one steelmaking plant in Rochester in NY and the ...
Tags: steel, steel business, steelmaking plant
Timken Co the bearings maker that trades at the lowest earnings multiple among its peers, is costing shareholders the chance to recoup USD 1.3 billion in market value lost this year by not spinning off its steel unit. Ralph Whitworth's ...
Tags: business owners, gas bearing, stock market news, steel scrap buyers
Reuters reported that ThyssenKrupp chief executive Mr Heinrich Hiesinger wants to examine all options regarding the future of its German steel business, including a spin off and a public flotation. German magazine citing supervisory board ...
Tags: stainless steel, carbon steel, steel mills
Visa Steel, which went into a corporate debt restructuring program 2 months ago, might try to bring in a strategic investor in its core long steel business. Mr Vishal Agarwal MD of Visa Steel said that "In the special steel business, we ...
Tags: Visa Steel, core long steel, steel business, raw material