Sindisider,the Brazilian steel distributors'association,released a report stating that Brazilian steel distribution companies sold 4.04 million tonne of flat products in the January-November period of 2012,1.9%higher compared to January to ...
Tags: Sindisider, Brazilian steel distribution companies, flat steel
According to Turkey’s Official Gazette, import duties on certain flat steel products have been increased effective as of December 31, 2012. According to the statement, the zero percent import duty rate on flat strip and flat rods ...
Tags: Turkey, Official Gazette, flat steel products, 2012
In the week from December 24 to December 30, on the Orbis Steel Index the scrap indexes continued to increase. In the given week, the Turkish rebar index maintained its upward movement. The Turkish HDG index continued to move sideways, ...
Tags: Orbis Steel Index, scrap indexes, Turkish rebar index, Turkish HDG index
According to an expert estimate made by the Russian Special Steel and Alloys Consumers and Suppliers Association,in the January to September period of this year Russia's stainless steel product output decreased by 11.6%compared to the same ...
Tags: Russian, Stainless steel, RSSACSA, SpetsStal
Moody's Investors Service on Tuesday placed Alcoa Inc's Baa3 senior unsecured and Prime-3 short term rating under review for downgrade, reflecting the headwinds facing the company due to the decline in aluminum prices. The outlook was ...
Tags: Moody, Investors Service, aluminum price, aluminum
December 19, 2012 - Caterpillar says it will develop a turnkey power plant utilizing 10 Cat G16CM34 natural gas gensets for Alberta Newsprint Co. (ANC) in Whitecourt. The gensets will provide the company with 65MW of total output capacity, ...
Tags: 10 Cat G16CM34 natural gas gensets, Mike Putzke, power plant, Caterpillar
The Associated Press reported that Aleris is closing its aluminum recycling facility in Pleasants County next year. Aleris spokesman Mr Jason Saragian tells the Parkersburg News and Sentinel that the facility in Bens Run wasn't meeting ...
Tags: Close, Aleris, aluminum recycling, aluminum, steel
Business News Americas reported that Brazilian crude steel production increased 2.4% to 2.8 million tonnes in November, and slipped 1.4% to 32.1Mt in the first 11 months of the year According to a statement released by the association ...
Tags: crude steel, production, rolled products
Brazil's Ministry of International Trade and Industry has announced that it has terminated its antidumping duty investigation regarding flat rolled product imports from the Russian Federation. The investigation regarding flat rolled ...
Shandong Nanshan Aluminium Company Limited has awarded SMS Siemag, Germany, a contract for the supply of a 1+5 hot rolling mill for aluminum alloys. Shandong Nanshan Aluminium is part of the Nanshan Group located in Longkou, China. The hot ...
BR reported that the Federal Board of Revenue is planning to impose sales tax on the import of iron and steel scrap. Sources said that that the FBR has proposed imposition of 5% sales tax on the value of imported iron and steel scrap or ...
Tags: iron and steel, Iron and Steel Scrap, electricity bill
MMK Metalurji finished products output in 9 months 2012 was 748,000 tonnes up 2.7x YoY. Production in Q3 2012 totalled 211,000 tonnes. Revenue from the Turkish steel segment for 9 months 2012 was USD 637 million up 117% YoY. Revenue in Q3 ...
Steel tools maker Top-Eastern Drills Co Ltd opened on Wednesday a new plant in Dalian, Liaoning province. With a total investment of CNY 3.5 billion (USD 562.1 million), the newly built Dalian Top Eastern Industrial Park covers an area of ...
Tags: Top-Eastern Drills, steel tools maker, precise high speed steel tools
Global producer of aluminum rolled products Novelis has completed the sale of three European aluminum foil and packaging plants to American Industrial Acquisition's (AIAC) unit Eurofoil. The transaction includes foil rolling operations in ...
Tags: aluminum rolled products, aluminum foil, packaging plants
Business Standard reported that export of galvanized steel from Kolkata port has been hit by a sudden move of the customs authorities in Kolkata to impose 20% export duty on the commodity. A spokesperson of Engineering Export Promotion ...
Tags: Galvanized steel, non alloy steel, flat rolled products