The South East Asia Iron and Steel Institute (SEAISI) said today, October 28, that the ASEAN (Association of Southeast Asian Nations) region is a significant net importer of steel products, pointing out that the region is not ...
Tags: Steel Plant, Mineral
On October 27, construction work commenced on a new stainless steel industrial park in Lanzhou New Area in China's Gansu Province, as announced by local media in Lanzhou. Investment in the project is expected to total RMB 3 billion ($0.49 ...
Tags: Stainless Steel, Mineral
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji's finished steel output decreased by 14 percent quarter on quarter to 144,000 mt in the third quarter of the current ...
Tags: MMK Metalurji, Finished Steel
Nucor Corporation announced Thursday consolidated net earnings of $147.6 million, or $0.46 per diluted share, for the third quarter of 2013, compared to net earnings of $85.1 million, or $0.27 per diluted share, in the second quarter of ...
Tags: Metallurgy, Mineral, Energy
Steel Dynamics, Inc. announced Wednesday third quarter net income of $57 million, or $0.25 per diluted share, on net sales of $1.9 billion, compared to Q3 2012 net income of$13 million, or $0.06 per diluted share, on net sales of $1.7 ...
Tags: Metallurgy, Mineral, Energy, steel
It is reported that China's Angang Steel Co and Japan's Kobe Steel is partnering to build a new steel plant in China to supply the auto industry. The investment is said to be around US$287 million aiming at the growing demand for automotive ...
Tags: steel, Construction
Hyundai Steel, the second largest steel maker in Korea said on Thursday that it plans to merge with Hyundai Hysco Co's auto steel sheet making division. The merge is to cut costs and improve profitability said Hyundai Steel. The Board of ...
Tags: Steel, Construction
Kobe Steel, Ltd. and China's Angang Steel Company Limited, a leading subsidiary of Anshan Iron & Steel Group Complex signed a joint venture agreement today, October 17, in Anshan, Liaoning province, to establish a joint venture in China to ...
Tags: Metallurgy, Mineral, steel, CR Auto Sheet
On October 15, China's Ministry of Commerce (MOC) announced that during last week (Oct. 7-13) the overall average finished steel price in China was unchanged week on week. In the given week, average prices of 0.5 mm non-grain-oriented ...
Tags: Finished Steel, steel, Metallurgy, Mineral
China Steel Sumikin Vietnam Joint Stock Company (CSVC), joint-ventured by Nippon Steel, Sumitomo Metal Corporation, and China Steel Corporation, will start its commercial operation next month. This new sheet mill was an investment of about ...
Tags: steel, Construction
Japanese steelmaker Nippon Steel & Sumitomo Metal Corporation (NSSMC) has announced that China Steel Sumikin Vietnam Joint Stock Company, its steel sheet joint venture with the Taiwan-based steel producer China Steel Corporation, will start ...
Tags: steelmaker, Steel Sheet
US flat-rolled prices may be slowly inching up as a result of the increases announced last week, though at least some market sources said their primary effect has been to stall late-year price erosion. "It's tightened the range back up, ...
Tags: Construction, steel, Steel Sheet
Last week's flat-rolled price hikes appear to be having difficulty gaining traction, particularly in the southern US, buyers said Thursday. "Nothing has changed," said one service center executive in the South. "I don't know, it's going ...
Tags: Steel Sheet, flat-rolled price
Turkey-based MMK Metalurji, a subsidiary of Russian steelmaker MMK, has announced that during the first nine months of the current year its domestic galvanized steel sheet sales increased by 33 percent, while its domestic color coated steel ...
Tags: Galvanized Sheet
Earth is well endowed with heavy source of metals that can be used for various types of requirements. There are various types of metals that are having their unique use at certain phase. Iron, aluminium, magnesium and several others are the ...