Speaking at SteelHome's 10th Steel Development Strategy Conference held in Shanghai over the weekend, Wu Wenzheng from SteelHome indicated that the overcapacity problem in China cannot be resolved in the short term, adding that many steel ...
Japanese steelmaker Kobe Steel has announced that it has commissioned the new hot treatment plant at its Kakogawa works, aiming to improve the production system to increase sales of high-end steel products and improve cost competitiveness. ...
Tags: Kobe Steel, steelmaker
Latin America's trade deficit with Turkey increased by 55 percent in 2013, mainly due to a drop in the revenues generated by raw material exports and ongoing high levels of finished steel imports from Turkey, according to Alacero, the Latin ...
Tags: trade deficit, finished steel
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that it has secured a one-year contract to supply iron ore concentrate to Russian pig iron and coking coal producer KOKS Group. Under ...
Tags: iron ore, pig iron, coking coal
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for 2013 according to International Financial Reporting Standards (IFRS). In 2013, MMK saw a net loss of $2.429 billion compared to a net ...
Tags: steel producer, Steel Works
On April 22, China's Ministry of Commerce (MOC) announced that during last week (Apr. 14-20) the overall average finished steel price in China declined by 0.1 percent compared to the previous week. In the given week, the average prices of ...
Tags: Finished Steel, hot rolled strip, round bar
Specialty metal and chemical products firm 5N Plus Inc of Montreal, QuÉbec, Canada has appointed Bertrand Lessard as chief operating officer, effective 28 April. 5N Plus provides specialty purified metals such as bismuth, gallium, ...
Tags: 5N Plus, Electrical, Electronics
In March this year, Japanese crude steel production was up 15.1 percent compared to the previous month, while it increased by 2.9 percent year on year, totaling 9.73 million mt, according to the data released by the Japan Iron and Steel ...
Tags: Crude Steel, Metallurgy, Mineral, Energy
The Supreme Court of India has lifted the iron ore mining ban in the Indian state of Goa, with an upper limit of 20 million mt per year, according to media reports. An expert panel is expected to submit a report within six weeks ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
The U.S. Environmental Protection Agency today ordered Molycorp Minerals, LLC, to pay a $27,300 penalty for improper management of hazardous waste at its San Bernardino County mine and mineral processing facility. The violations were ...
Tags: EPA, Certification
On April 18, the China Iron and Steel Association (CISA) announced that in early April (Apr. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.747 million mt, up ...
Tags: Crude Steel, Iron, Steel
According to a release from the Lake Carriers’ Association Thursday, massive, thick ice formations on the Great Lakes limited iron ore shipments in March to 1.1 million tons, a decrease of 43 percent compared to a year ago. Shipments ...
Tags: Iron Ore, steel production
Turkey-based plantmaker CVS Technologies has announced that it has signed a contract with the South African steelmaker Cape Town Iron and Steel Company (CISCO) to upgrade its existing meltshop and rolling mill located in Cape Town. CVS ...
Tags: Steelmaking Mill, CVS Technologies
Yang Jiasheng, chairman of the Metallurgical Mines' Association of China (MMAC), stated at SteelHome's 10th Steel Development Strategy Conference held in Shanghai at the weekend that China's demand for iron ore has entered a period of ...
Tags: Metallurgy, Mineral, Iron Ore
Russian steelmaker NLMK Group has announced? that it has started hot testing the second pulverized coal injection (PCI) unit in its blast furnace operations at the main production site in Lipetsk (Novolipetsk). The company has started ...
Tags: Metallurgy, Mineral, Steel