The Spanish stainless steel producer Acerinox S.A. has reported a net profit of €76.1 million in the first half of the current year, increasing by 373 percent compared to the same period of 2013, while its net sales came to €2.17 ...
Tags: stainless steel, Acerinox S.A., steel
According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 87 percent of total world DRI production in 2013 amounted to 4.72 ...
Tags: DRI production, amounte, June
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji's finished steel output decreased by 3.5 percent year on year to 334,000 mt in the first half of this year. In the ...
Tags: MMK Metalurji's Finished Steel Output, Decreased, Russian
Finland-based stainless steel producer Outokumpu has announced its financial results for the second quarter of the current year, indicating that stainless steel demand continued to recover and base prices increased moderately in both Europe ...
Tags: Outokumpu, Announce, Financial Results
Mexico's Ministry of Economy has announced that it has decided to initiate an administrative review of the countervailing duty (CVD) on imports of welded carbon steel connections from China. In June this year, the Mexican steel producer ...
Tags: Mexico's Ministry of Economy, announce, Administrative Review
The basic elements of beauty packaging – color, shape, materials and dispensing systems – are in constant motion, changing to meet the demands of fashion and function. What remains consistent is the feeling consumers have of ...
Tags: Packaging, Printing, Luxury Packaging
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has announced that its Hubei-based subsidiary Echeng Iron and Steel Co. has won a tender to supply 20,000 mt of steel plates for boiler and pressure vessles ...
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced that its Omani plant TMK Gulf International Pipe Industry (TMK GIPI) recently received an order for 18,400 mt of OCTG (threaded and coupled casing ...
Tags: TMK, Gulf International Pipe Industry, Order
Mexico was the country that contributed most to the growth in consumption of rolled steel in Latin America in the first five months of this year, reveal data from the Latin American Steel Association (Alacero). According to figures from ...
In the week from July 21 to July 27, on the Orbis Steel Index the Turkish scrap index moved upwards, while the US (East Coast) HMS I/II scrap export index switched to sideways movement. In the given week, the Turkish rebar index continued ...
Tags: Orbis Steel Index, Turkish.Move
Russian steelmaker Severstal has announced that it has commissioned the Balakovo long product mill project in the Saratov Region. The cutting-edge mill, which will produce long products for the construction industry, represents Severstal's ...
Tags: Severstal, Announce, Balakovo Long Product Mill Project
Ukrainian mining and steel producing group Metinvest has announced that military action in Avdiivka and Yasinovataya in Donetsk region has disrupted the company's supply chain, threatening the finished steel output at its Azovstal and ...
Tags: Metinvest, announce, military action
In the January-June period of the current year, China's crude steel output amounted to 411.91 million mt, up three percent year on year, as announced by China's National Development and Reform Commission (NDRC) on July 28. The growth rate ...
Tags: crude steel output, increase, China
The US Department of Commerce (DOC) announced Monday the final results of its administrative review of stainless steel bar from India. The review originally covered three Indian producers/exporters – Ambica Steels Limited; Mukand, ...
Tags: DOC, announce, final results
AK Steel announced Tuesday its financial results for Q2 2014, reporting a net loss of $17.1 million, compared to a net loss of $40.4 million for Q2 2013 and a net loss of $86.1 million for Q1 2014. Net sales for the second quarter of 2014 ...
Tags: AK Steel, blast furnace