Mexican integrated steelmaker Altos Hornos de México (Ahmsa) has indicated that it has started the construction of a new plate line at its Monclova site with an estimated investment of $80 million. The new plate line will have an ...
Tags: steelmaker, steel, Metallurgy
United States Steel Corporation (US Steel) has reported a net loss of $122 million for the fourth quarter of 2013, compared to a net loss of $50 million in the same quarter of 2012. Adjusted net income for the fourth quarter of 2013 was $38 ...
Tags: Net Loss, US, Steel Corporation
In the week ending January 18, 2014, US domestic raw steel production was 1,836,000 net tons while the capability utilization rate was 76.6 percent. Production was 1,832,000 net tons in the week ending January 18, 2013, while the capability ...
Global steelmaking and mining giant Evraz Group S.A. has announced that its crude steel output amounted to 3.989 million mt in the fourth quarter of 2013, up 0.7 percent quarter on quarter. In the fourth quarter last year, the crude steel ...
Tags: steelmaking, mining giant
Electrolytic manganese metal prices remained stable for two consecutive weeks as a fall in spot supply balanced waning demand from international buyers. Platts assessed 99.7% manganese at $2,170-2,220/mt FOB China Thursday, unchanged from ...
Tags: Electrolytic manganese, Manganese
For the first time in its production history, Altos Hornos de Mexico (AHMSA) exceeded the annual level of 4 million tons of crude steel and finished 2013 with a total volume of 4.155 million tons--7 percent more than the 2012 total. The ...
Tags: Steel Production, Mineral
India's Steel Ministry and Canada's Ministry of Natural Resources have signed a letter of intent for cooperation in the iron and steel industry, according to India's Press Information Bureau. Under the cooperation agreement, both ...
Tags: Steel Ministry, Ministry of Natural Resources, cooperation
German steelmaker ThyssenKrupp has announced that it has initiated a project to convert carbon from steel mill gasses into valuable chemicals. The electricity for this project is to come from renewable sources. ThyssenKrupp said that the ...
Tags: ThyssenKrupp, steel mill gasses, convert, carbon, valuable chemicals
International credit rating agency Moody's has confirmed South Korea-based Hyundai Steel Co Ltd's Baa3 rating with a negative outlook. Moody's stated that the rating confirmation primarily reflects the positive impact that the merger ...
Tags: steel, metallurgy
Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel, has announced that it has commissioned its steel melt shop-2 continuous caster complex. The new caster complex will enable ...
Tags: steel, metallurgy
BlueScope today announced plans to expand its Taharoa, New Zealand, iron sands export operations through the introduction of a third shipping vessel in FY2016. BlueScope will charter a purpose built 175,000 tonne slurry loading vessel and ...
Tags: BlueScope, iron sands, ship loading equipment, expansion
Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), also known as Vizag Steel, has announced that it has achieved another significant milestone as its blast furnace No. 3 has produced in excess of its ...
Tags: steel, metallurgy
At the 75th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held recently in Paris, Alacero, the Latin American steel association, said the current situation in the steel industry is becoming critical ...
Tags: steel, metallurgy
Wildcat Silver Corporation (TSX: WS) ("Wildcat") announces positive results from its pre-feasibility study for its Hermosa project located in Santa Cruz County, Arizona. The pre-feasibility study includes the contribution from the projects' ...
Tags: metallurgy, metal
At the 75th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris on December 5-6, the participants discussed the slow growth prospects in the global steel market, exchanged views on the effect ...
Tags: steel, metallurgy, OECD