After being re-elected president of the National Chamber of Iron and Steel Industry (CANACERO), Alonso Ancira Elizondo, CEO of Altos Hornos de Mexico (AHMSA), said that the steel industry and the Mexican government can no longer ignore ...
Tags: steel imports, steel, Steel Industry
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its financial results for 2012. London Mining registered a net loss of $107.8 million in 2012, compared to a net loss of $60 million in 2011. The ...
Tags: London Mining, Mineral, steel sector
It is learned that China’s biggest steelmaker Baosteel expects a moderate increase of steel demand in China this year. According to the company’s general manager He Wenbo, the steel sector faced difficulties last year but this ...
Tags: China, Baosteel, steel market
According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in January this year Turkey's foreign trade deficit increased to $7.3 billion compared ...
Tags: Steel Export, Steel, steel sector
It’s reported that the Argentina Steel Chamber (CAA) predicted that the country’s steel consumption and demand might rise by at least 5% year on year in 2013. According to the forecast made by CAA, the country’s flat ...
Tags: steel demand, flat steel, steel
Reportedly EU ministers and European Commission call on ArcelorMittal to postpone planned capacity cuts until they confirm proposals to revive Europe’s steel sector, Industry Commissioner Antonio Tajani said on Tuesday. ...
Tags: ArcelorMittal, capacity cuts, steel sector
Capital Steel Buildings Australia has been placed in voluntary administration, adding to the woes of the Australian steel industry. The company based at Narellan, Western Sydney, is a manufacturer of cold rolled steel buildings. It also ...
The European Commission (EC) has held a roundtable meeting today, February 12, attended by representatives from 13 steel producing member states and the European Parliament, regarding the EC's plan to deliver an action plan by June to ...
Tags: EU, Steel Industry, Mineral
In January this year, the purchasing managers’ index (PMI) of China’s steel sector declined to 49.3 percent, down 6.2 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) ...
Tags: Chinese Steel Sector, PMI, Mineral
According to the provisional foreign trade statistics compiled by the Turkish Exporters' Association (TIM), in January this year Turkey's steel exports totaled $1.16 billion in value, decreasing by 4.9 percent year on year and down 7.8 ...
Tags: steel export, steel exports value, steel
According to the provisional foreign trade statistics compiled by the Turkish Statistical Institute (TUIK) and the Turkish Undersecretariat of Customs, in 2012 the country's iron and steel exports stood at $11.3 billion, while its exports ...
Tags: TUIK, iron and steel exports, 2012
Reuters reported that credit rating agency Moody’s downgraded ThyssenKrupp’s debt to “junk” status due to challenging market conditions and profit losses in its Brazil and US sites. ThyssenKrupp replied that its ...
Tags: Moody, Steel, Steel Americas
According to Colombia’s steel institution ANDI, the domestic steel production was down by 0.33% in 2012 compared to 2011, reached 1.63 million tons. On the other hand, the imported steel product was up by 6.6 % between January ...
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its operational results for the fourth quarter and the full year 2012. In the fourth quarter, at Marampa mine in Sierra Leone, London Mining ...
Tags: Mining, steel sector, metallurgical
China's Ministry of Industry and Information Technology (MIIT), the National Development and Reform Commission (NDRC) and the State-owned Assets Supervision and Administration (SASAC) have launched a merger and reorganization scheme for ...
Tags: steel sector, steel, cement