Turkey has increased its import duty for stainless steel cold rolled flat products from two percent to eight percent, effective immediately, for all countries except the European Union and South Korea with which Turkey has signed free trade ...
Tags: Stainless CRC, stainless steel cold rolled flat, Metallurgy, Mineral
It’s reported that the Korean steel giant Posco launched its financial result for the third quarter of this year. In the third quarter of this year, Posco’s net profits totaled KRW564 billion, falling by 22% year on year. In the ...
Tags: Posco, Lower Revenues
Reportedly, Korea’s steel giant Posco launched its financial result for the third quarter of this year. In the third quarter of this year, Posco’s sales of finished steel products totaled 8.3 million tons, falling by 7% year on ...
Tags: Posco, Finished Steel Products
Xinjiang-based Chinese steelmaker Bayi Iron and Steel Co. (Bayi Steel), a subsidiary of Chinese steel giant Baosteel Group, has issued its financial results for the first three quarters of 2013, indicating a operating revenue of RMB 18.395 ...
Tags: steelmaker, Bayi Steel
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
Baosteel Special Steel Business Unit has signed a strategic cooperation agreement with Xi'an, Shaanxi Province-based Xi'an Sunward Aerospace Material Co., as announced by Chinese steel giant Baosteel Group on October 23. Both sides will use ...
Tags: baosteel, steel, Construction, Metallurgy, Mineral
Baosteel Special Steel Business Unit has signed a strategic cooperation agreement with Cangzhou, Hebei Province-based Chinese company Hongrun Heavy Industries Group, as announced by Chinese steel giant Baosteel Group. Accordingly, ...
Tags: Metallurgy, Mineral, Energy, Steel
Reportedly, the Korean steel giant Posco is going to finalize the price negotiation with the major buyers for the third-quarter hot rolled coil (HRC) prices. It's said that Posco has sought to hike HRC prices by around KRW30, 000/ton due to ...
Tags: Construction, HRC, steel
Global steel giant ArcelorMittal has announced that its Tailored Blanks units has opened a new production facility in Senica, Slovakia, capable of producing 4 million laser-welded blanks (LWBs) per year, to meet growing demand for steel for ...
Tags: Metallurgy, Mineral, Energy, steel
In the first nine months of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 4.7639 million mt, down 0.06 percent year on year, as announced by the ...
Tags: Metallurgy, Mineral, Energy
Korean steel giant Posco and the largest carbon steelmaker in Taiwan China Steel Corp. (CSC) have both hiked the prices for steel flat products to Japan by US$50~US$70/ton for the fourth quarter. The price rise is mainly to reflect higher ...
Tags: Steel Flats
It's reported that the Korean steel giant Posco held an opening ceremony for Posco- Italy Processing Center (Posco-ITPC) in Verona, northern Italy on October 10th. Posco expected that the new stainless cold rolled coil (CRC) processing ...
Tags: steel, Construction
Giant tires remanufactured by Shenhua Group have safely run for 16,700 km, filling the blank in the mining-used all-steel giant radial tire retreading and remanufacturing technology. This technology tallies with the formulation, process ...
Tags: Giant Tires, Auto Parts
On September 25, Dai Zhihao, general manager of Chinese steel giant Baosteel, forecast at an annual industry conference in the eastern Chinese coastal city of Qingdao that China's annual steel consumption will peak at 825 million mt in 2018 ...
Tags: Steel Industry, Steel Consumption
The global steel giant ArcelorMittal said that it has initiated its new continuous annealing line at Saint-Chély d'Apcher site in France. It’s learned that the new continuous annealing line is designed to develop new high ...
Tags: steel, Construction