It's reported that Korean steel giant Posco has announced to cancel its INR 32,000 crore integrated steel plant project in Karnataka due to protract delay in acquisition of land and no potential market favor at current position. Meanwhile, ...
Tags: Construction, Packaging
It's reported that the Chinese steel giant Baosteel released its price policy for August. The company decided to remain its list prices for steel flat products including hot rolled, cold rolled and galvanized steel products unchanged for ...
It’s reported that the Korean steel giant Posco will remain its prices for austenitic stainless hot rolled coils (HRC) and cold rolled coils (CRC) unchanged for July. Posco stated that the nickel prices have fallen substantially ...
Tags: Korean Posco, Stainless Steel
It's reported that Korean steel giant Posco has resumed its operations at the mini-mill at its Gwangyang works after 6-day maintenance during June 14th through June 19th. It's learned that the maintenance was mainly to upgrade facility to ...
Tags: Construction, Decoration, steel
It's reported that Indian steel giant Tata Steel announced that it has inked a long-term contracts with France-based aircraft manufacturers Safran Group to supply aerospace steels. Under the agreement, Tata Steel will supply aerospace ...
Tags: Steel, Construction, Metallurgy, Mineral, Energy
Reportedly, Russian steel giant Mechel released its consolidate financial results for the first quarter of this year. Mechel posted a net loss of US$321 million for the first quarter of this year, slumping from a net profit of US$218 ...
Tags: Construction&Decoration, Russian, steel
It's reported that the Korean steel giant Posco announced to fire its No.1 blast furnace at its Gwangyang works in Korean after the company has completed the plant upgrading for more than 3 months on Friday. After the upgraded project, ...
Tags: Construction, steel
Posco, the Korean steel giant Posco announced to leave it list prices for austenitic hot rolled coils (HRC) and cold rolled coils (CRC) unchanged for June. The Korean steel giant expected that the unchanged prices will help to ...
Global steel giant ArcelorMittal has announced that its South African unit ArcelorMittal South Africa is supplying China's Sinohydro Corporation with reinforcing steel from its Newcastle plant for a number of hydroelectric projects across ...
Tags: rebar, longs, Zambia, Africa, ArcelorMittal, steelmaking, Istanbul
It’s reported that the Korean steel giant Posco announced that it has commissioned Posco Thailand Steel Processing (Pos-TSPC), a new service center for stainless cold rolled products in eastern Thailand on May 28th. The new ...
Tags: Thailand, Posco, Stainless Coil
It’s reported that Baosteel Stainless and Ningbo Baoxin Stainless Steel, the two subsidiaries of the Chinese steel giant Baosteel Group released its export prices for May recently. It’s learned that Baosteel Stainless ...
Tags: Baosteel, Construction, Prices
Global steel giant ArcelorMittal has announced that its Ukrainian subsidiary ArcelorMittal Kryvyi Rih has finished the overhaul of its blast furnace No. 7 in just 26 days. During this period, the blast furnace in question was idle for four ...
Tags: ArcelorMittal, steel, blast furnace
Reportedly, Chinese steel giant Baosteel announced to cut its export prices for austenitic stainless steel coils by US$100/ton, effective from May 10th. After the adjustment, its exports prices for 304 grade hot rolled coils with ...
Tags: Stainless Steel, Steel, Construction
In the January-April period of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 2.088 million mt, up two percent year on year, as announced by the ...
Tags: crude steel, Mineral
Indian steel giant Tata Steel has announced that it expects to register an impairment charge of $1.6 billion for the financial year ended March 31, 2013, as a result of its review for the period in question. The company attributed the ...
Tags: Tata Steel, Mineral