In its financial results according to US GAAP (Generally Accepted Accounting Principles) for 2013, Russian steelmaker NLMK Group's net profit decreased by 68 percent compared to the previous year to $189 million due to reduced profits from ...
Tags: steelmaker, NLMK Group, EBITDA
Speaking at the 4th Global Coking Coal Resource & Market Summit 2014 held in Taiyuan, Wang Yingsheng, director of market research at the China Iron and Steel Association (CISA), stated that in the current year China's steel consumption will ...
Tags: Steel, Metallurgy, Mineral, Iron
Swiss-headquartered iron ore miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced its financial results for 2013. In the given period, Ferrexpo's net profit increased by 20.6 percent to $263.7 million ...
Turkey's leading steel pipe producer Borusan Mannesmann Boru has announced its financial results for 2013, posting a net profit of TRY 36.7 million ($16.6 million), down nine percent compared to the previous year. In 2013, Borusan ...
Tags: steel pipe, Mineral
Turkish rebar producer Izmir Demir elik Sanayi A. (IDC) has announced its financial results for 2013, stating that the challenges regarding the supply and demand balance continued in the last quarter of 2013 due to overcapacity. IDC pointed ...
Tags: rebar producer, Mineral
On February 28, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in the current year it expects to produce 12 million mt of pig iron, 12.45 million mt of crude steel and 11.66 million mt of ...
Tags: Baogang, Crude Steel
Brazil-based miner Vale has announced its financial results for the fourth quarter and the full year of 2013, reporting a net loss of $6.45 billion, compared to a net loss of $2.61 billion in the same quarter of the previous year, as a ...
France-based pipe manufacturer Vallourec has announced its financial results for the fourth quarter and the full year of 2013, while also stating that for 2014 it expects a stable to moderate increase in sales and EBITDA. According to ...
Tags: Mineral, Vallourec's sales
Russian steelmaker Severstal has announced its financial results for the fourth quarter and the full year of 2013. Accordingly, in the fourth quarter Severstal registered a net loss of $74 million compared to a net profit of $157 million in ...
Tags: steelmaker, Severstal, Mineral
Australian iron ore development company BC Iron has announced its fiscal results for the first half ending December 31 of the financial year 2013-14, posting a net profit of A$70.3 million, significantly increasing compared to A$7.7 million ...
Australian iron ore miner Atlas Iron Limited has announced its financial results for the first half ending on December 31 of the financial year 2013-14. According to the results, in the given period Atlas recorded a net profit of A$74 ...
Tags: Iron, net profit, iron ore shipments
Finnish mining and metal manufacturing equipment provider Outotec has issued its financial results for the fourth quarter and the full year 2013. Accordingly, in the fourth quarter the operating profit of Outotec decreased to €25.4 ...
Tags: Finnish mining, Mineral
UAE-based steel producer Emirates Steel Industries (ESI) has announced its financial results for 2013, stating that its sales revenues amounted to AED 6.5 billion ($ 1.8 billion), almost eight percent higher than 2012, despite sluggish ...
Tags: steel producer, steel
Turkish integrated long steel producer Kardemir Karabuk Demir Celik Sanayi ve Ticaret A.S. (Kardemir) has announced its financial results for 2013, posting a net profit of TRY 100 million ($45.7 million), falling by 48.5 percent compared to ...
Tags: integrated long steel, Mineral
On February 18, Hubei Province-based Chinese steelmaker Daye Special Steel Co. announced its results for 2013, stating that its operating revenues for the year amounted to RMB 7.44 billion ($1.23 billion), decreasing by 8.43 percent, while ...
Tags: Daye Special Steel, steelmaker