Bloomberg reported that steel reinforcement bar futures posted the biggest weekly climb in more than two years on expectations a strengthening Chinese economy will boost demand. Rebar for May delivery rose 1.7% to close at CNY 3,656 (USD ...
Tags: steel reinforcement bar, steel, urbanization projects, metric tonne
PTI reported that after a massive crackdown on illegal mining, Odisha is working on ways to provide long term iron ore linkages to steel firms located in the state through the state run Odisha Mining Corporation. According to officials, ...
Tags: Odisham, steel company, steel ore
Himalayan News Service reported that Nepal based Hulas Steel Industries has launched the second Continuous Galvanising Line and Color Coating Line. In view of increased demand for roofing sheets as well as rising awareness among consumers ...
Tags: Hulas Steel, continuous galvanising line, color coating line
It's reported that Chinese steel industry will see a recovery from the fourth quarter of 2012 through the next year after posting huge losses of RMB 5.5 billion in the first three quarters of this year. According to Mr. Liu Zhenjiang, the ...
Tags: Chinese steel industry, medium-sized steel companies, steel industry
Xinhua reported that China's steel industry will face better situations in the fourth quarter and in 2013 after posting whopping losses in the first three quarters. Mr Liu Zhenjiang vice president of the China Iron and Steel Association ...
Tags: China's steel industry, steel industry, recovery, steel market
According to report, Nippon Steel and Sumitomo Metal Corp., the world’s second largest steelmaker after Nippon Steel’s purchase of Sumitomo Metal last month, said it estimated the recurring profit, the pretax and before special ...
Tags: Nippon Steel and Sumitomo, profit, steel price, Japanese steel market
PTI reported that seeking immediate intervention of Steel Ministry, steel producers from Karnataka said they may have to shut their shops due to shortage of iron ore and its higher prices. As per report, there are 37 units which are ...
Tags: Ore Crisis, steel, steel market, Indian steel
The Austrian refractories company plans to expand in Russia. In Europe, the first factories will be shut down in two years. In the long term, the main production will not take place in Europe anymore, RHI´s CEO Franz Struzl explains. ...
Tags: market view, RHI
Taipei, Oct.19, 2012 (CENS)--Despite the steel industry's gloomy performance recently, 840 steel companies in Taiwan, including the China Steel Corp. (CSC), Yieh Phui Enterprise Co., and Chun Yuan Steel Co., plan to add nearly 3,000 ...
Tags: steel industry, CSC, steel and screw maker, machine operators
Steel demand worldwide is growing slower than forecast, eroding profit at producers including ArcelorMittal and Tata Steel Ltd. (TATA) and forcing investors to revise their 2012 outlook for the $430 billion industry. Global use of the alloy ...
Tags: Market View, steel, raw material
John Foster began his steel industry career at J&L Steel,where he became acquainted with the full range of steel products,from flat rolled to pipe to longs.He later worked at CF&I Steel,serving as General Manager of the bar,rod,wire and ...
Tags: steel industry, J and L Steel, CF and I Steel, US