Reportedly, Altos Hornos de México (Ahmsa), the largest integrated steel plant in Mexico, plans to begin its Fénix project in late March with total investment around US$1.5 billion. The new project is based on to extend ...
Tags: integrated steel plant, integrated steel, liquid steel
United States Steel, the integrated steel producer in North America, announced the appointment of Burt Caldwell as general manager in charge of flat-rolled sales in Chicago. Mr Caldwell will replace Michael Meyers who is retiring to manage ...
Russia-based Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, has announced that it plans to invest US $1.3 billion in 2013 to support its growth and long-term competitive strategy. ...
Tags: Severstal, steel, steel related mining
The government of Algeria has decided to increase its control of local steel producer ArcelorMittal Annaba which was purchased by ArcelorMittal in 2001, according to domestic media reports. The Algerian government will pay $200 million ...
Tags: Algeria, Arcelormittal Annaba, Mineral
It is learned that UAE’s only integrated steel plant Emirates Steel is to produce 40mm rebar the match growing demand for steel in the region. The company’s CEO Saeed G Al Romaithi said that they are happy with the adding of new ...
Tags: Emirates Steel, Product Rebar, Mineral
Russia-based Severstal, one of the world's leading vertically integrated steel and steel-related mining companies, has stated that it has signed a number of further long-term contracts with Russian and CIS-based automotive companies. So far ...
Tags: Severstal, steel, automotive companies
South Korean steelmaker Pohang Iron and Steel Co. (POSCO) has announced that in the fourth quarter of 2012 its net profit decreased by 45 percent to KRW 561 billion ($518 million), compared to the same quarter of the previous year. The ...
Tags: steelmaker, net profit, steel industry
Minmetals Development Co., China’s largest integrated steel trading and logistics services provider announced that its sales forecast report recently. According to its report, Minmetals Development expected that it may loss RMB ...
Beijing-based Chinese integrated steel trading and logistics services provider Minmetals Development Co. Ltd has issued its financial results for 2012, indicating a net loss of RMB 350 million ($56 million), compared to a net profit of RMB ...
Tags: Minmetals, steel trading, steel market
Sergei Kuznetsov has been CEO of both Severstal International and Severstal North America since July 2009.He joined Severstal in 2002 to head the business planning group created to acquire foreign assets and develop international ...
Tags: US, HDG price, steel price, automotive market
Steel Authority of India Limited has undertaken expansion and modernization of its integrated steel plants at Bhilai, Bokaro, Rourkela, Durgapur, Burnpur and Salem. In the current phase, the crude steel capacity is being enhanced from ...
Tags: Steel Authority, PSUs, India, expansion, modernization, steel plants
Business Standard reported that the Comptroller and Auditor General of India has rapped the Karnataka government for its failure to initiate any time-bound action plan to monitor the implementation of the Karnataka Mineral Policy 2008. ...
Tags: mining, Mineral, minerals extracted, iron ore fines, iron ore
Massive modernization and expansion plans have already been launched in Steel Authority of India Limited and Rashtriya Ispat Nigam Limited for increasing the steel making capacity from 12.4 million tonne to 20.2 million tonne and from 3.0 ...
Tags: Steel Authority of India Limited, Rashtriya Ispat Nigam Limited
JFE Holding Inc has delayed a decision to build a USD 3.6 billion integrated steel plant in Vietnam,saying it is worried that the poorly developed market could hinder its operations. JFE had said earlier it would defer a decision on the ...
Mr.Dmitry Nikolaenko,sales director and member of the executive committee of Metinvest,shared his thoughts with SteelOrbis about Metinvest's acquisition of Zaporizhstal,about Metinvest's services and on the Turkish flat steel market in ...
Tags: Metinvest, Zaporizhstal, flat steel