On August 20, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. Ltd (Masteel) announced its results for the first half of the current year. Accordingly, Masteel's operating revenues for the period in question amounted to ...
India-based steelmaker JSW Steel has announced that it has entered into a definitive agreement with Welspun Maxsteel Limited (WMSL) in a deal worth around INR 10 billion ($165 million).According to the agreement, JSW Steel would acquire the ...
UAE-based steelmaker Emirates Steel has announced that it is now focusing on high-margin, high-strength value-added products amid better demand prospects and mega expansion plans in the pipeline within the Middle East region. Emirates ...
Tags: Emirates Steel, products, Mineral
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first quarter of the current year, reporting a net loss of EGP 19 million ($2.65 million), compared to a net profit of EGP 202 million in the first quarter of ...
Tags: Ezz, Loss, Metallurgy
Taiwan's largest steelmaker China Steel Corporation (CSC) has announced that in July this year its carbon steel sales volume amounted to 801,789 metric tons, decreasing by a slight margin compared to June and accounting for 65 percent of ...
Tags: CSC, Sales, Metallurgy
Germany-based steelmaker ThyssenKrupp has announced its financial results for the third quarter ended June 30 of the financial year 2013-14, stating that it has achieved or slightly exceeded all operating and strategic targets for the third ...
Tags: ThyssenKrupp, Mineral, Energy
Turkish integrated steelmaker Erdemir has announced a net profit of TRY 344 million ($159.3 million) for the second quarter of the current year, increasing by nine percent year on year, while the company's sales revenues amounted to TRY ...
Tags: Turkey, Metallurgy, Energy
Germany-based steelmaker Salzgitter Group has announced its financial results for the second quarter and the first half of the current year, stating that the company closed the first half with a significant year-on-year improvement in its ...
Tags: Salzgitter, Financial, Mineral, Energy
In its financial report for the first half of the current year issued on August 12, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. announced that it recorded a net profit of RMB 9.3602 million ($1.5 million) for the given ...
Russian steelmaker Severstal has announced that its Cherepovets Steel Mill has completed its project for automation of the management system for cold rolled steel annealing, which enables it to improve the energy efficiency of the process. ...
Tags: Severstal, Metallurgy, Mineral
Brazil steelmaker Companhia Siderurgica Nacional (CSN) has confirmed it is interested in acquiring US-based Gallatin Steel, according to a CSN executive. "We've tried to enter in the Severstal deal and we didn't succeed. We're looking at ...
Tags: CSN, Metallurgy, Mineral
Russian steelmaker Severstal has announced that it has entered into separate definitive transaction agreements to sell its Severstal Columbus and Severstal Dearborn subsidiaries, collectively known as Severstal North America, to US ...
Global credit rating agency Standard & Poor's Ratings Services has announced that it has revised the outlook on India-based steelmaker Tata Steel to stable from negative, while affirming its 'BB' long-term corporate credit rating on Tata ...
Tags: Tata, improve, Metallurgy, Mineral
German steelmaker ThyssenKrupp has announced that it has decided to shut down one of the two electric arc furnaces at Acciai Speciali Terni (AST), its stainless steel plant in Italy, in 2015-2016 to focus on cold rolled products. ...
Tags: ThyssenKrupp, shut down, Metallurgy, Mineral
Russian steelmaker Severstal has announced that its wholly-owned subsidiary 7027940 Canada Limited has entered into a definitive agreement with Corsa Coal Corp., a Canadian public company, for the sale of PBS Coals Inc., a metallurgical ...
Tags: Severstal, agreement, Metallurgy, Mineral