Feng Hsin, one of the major electric furnace mills and steel long products makers in Taiwan has announced to hike its rebar and scrap purchasing price for this week. Stimulated by the rise in international scrap price, Feng Hsin decided to ...
Tags: Feng Hsin, Rebar Prices
Latin American steelmaker Ternium has reported a net profit of $136 million in the third quarter of 2013, rising from a net profit of $134.4 million in the corresponding quarter of the previous year. In the first nine months, Ternium's net ...
It's reported that the Chinese steelmaker Tangshan Steel, a subsidiary of Hebei Iron and Steel Group said that its exports of steel long products totaled 528,900 tons in January-October period, hitting a record high. Meanwhile, the domestic ...
Tags: Construction, Decoration, steel
Due to the prolonged downturn in demand, the Europe's second-largest steel producer Tata Steel might cut around 500 jobs to restructure the part of its British business that supplies the construction and engineering industries. This mainly ...
Tags: steel, Construction
During the opening ceremony of the Arab Steel Summit held in Dubai on October 26-28, Ezz Steel marketing director George Matta said he believes that both Ezz Steel and Egypt have come through the worst times and that the country is on the ...
Tags: Steel, Metallurgy, Mineral
Tata Steel's long products business announced today, October 29, that it is planning to take some restructuring measures to strengthen its competitiveness, which will affect management and administrative functions at sites in Scunthorpe, ...
Tags: Steel, Metallurgy, Mineral, Energy
It’s reported that Korean steelmaker Hyundai Steel said that its output of finished flat and long products dropped by 6% from a quarter ago in the third quarter of this year, due to facility maintenance and sluggish demand in summer. ...
Tags: Hyundai Steel, steelmaker
It’s reported that Ezz Steel, the largest integrated steelmaker reported its financial result for the first half of this year. The company posted a net profit of EGP302 million of the first half of this year, in comparison of a net ...
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net profit of EGP 302 million ($43.8 million), compared to a net profit of EGP 82 million in the corresponding ...
According to data released by the Italian steel producers association Federacciai, the country's steel exports made to the non-European countries totaled 3.546 million tons in January-August, falling by 9.2% year on year. In the given ...
Tags: steel, Construction, Decoration, Steel Flats
According to report, BlueScope Steel announced on Monday that it planned to acquire Arrium’s OneSteel division for sheet and coil procession and distribution businesses. BlueScope would pay AUD23.1 million and it is expected that it ...
ArcelorMittal, the world's largest steel company, made it in public that it is going to trade about 7% of its stock ownership for about 233,169,183 in Ere?li Demir ve ?elik Fabrikalar? T.A.?. or Erdemir, the largest steel producer in Turkey ...
Tags: Steel, Construction, Decoration, Steel Mill
It's reported that ArcelorMittal South America expected that its shipments of steel long products would increase by 5%~6% in 2013, in comparison of 5.3 million tons in 2012. Augusto Espechit de Almeida, ArcelorMittal's president of long ...
Tags: Construction, Decoration
According to Latin America Steel Association Alacero's data, China exported 13.9 million tons of finished steel to the world in the second quarter of this year, which is 10% more than the first quarter and 8% more than the same period last ...
Tags: steel, Construction
According to the data from Mexico's steel cnamber Canacero, the steel long products' consumption in June dropped 11% from May to 543,254 tons. The total long product consumption from January to June was 3.48 million tons, also falling by ...
Tags: steel, Construction