Reportedly, Ternium, a manufacturer of flat and long steel products and it is one of the leading steel companies in Latin America planned to invest approximately US$27 million for upgrading its currently production capacity of its ...
Tags: steel products, steel
In April this year, Ukrainian steel mill Dneprospetstal's output of crude steel decreased by 6.1 percent month on month to 25,976 mt, while its rolled metal production increased by 0.9 percent month on month to 17,460 mt, according to the ...
Tags: Crude Steel, Mineral
According to data released by the Korea Iron & Steel Association (KOSA), Korea’s output of heavy plates totaled 671,000 tons in March, decreasing by 4% month on month and slumping by 31% year on year. In the first quarter of this ...
Tags: Plate Production, Steel
JERSEY SHORE, Pa. - Steel manufacturer Jersey Shore Steel Co.'s sustainability initiatives have earned the company the 2013 Pennsylvania Governor's Award for Environmental Excellence. In addition, the company, a supplier to the mattress, ...
It is reported that Iranian President Mahmoud Ahmadinejad this week in the opening ceremony of the coke production facility of Isfahan's Mobarakeh Steel Mill, which is said to be Middle East's largest coke production plant with an annual ...
Tags: Steel, Metallurgy, Mineral, Energy
The European Commission (EC) may oblige Luxembourg-headquartered steelmaker Aperam, which is bidding to buy Outokumpu's Italian stainless steel plant in Terni, to sell other steel assets if it succeeds in the acquisition bid, a commission ...
Tags: Metallurgy, Mineral, Energy
Although not officially inaugurated, Deacero's new US$550 million 3M plant has started producing after the end of the probationary period. The new mill manufactures steel profiles--a new product for the company which has generated 600 new ...
Tags: Metallurgy, Mineral, Energy
Deacero, a reputable private owned Mexican steel company who offer various types of steel products has planned to build a new steel plant consisting rolling mill and steel mill (EAF) for production of steel. This project will be built ...
Tags: steel, Metallurgy, Mineral, Energy
Ukraine's largest pipe manufacturer Interpipe started producing steel billets in 2012, a new achievement on its way to vertical integration. Duncan Pell, Interpipe's sales director for the Middle East and North Africa, explained Interpipe's ...
Tags: Duncan Pell, Interpipe
It's reported that the city of Osceola has firmed to invest US$2 million in the Big River Steel mill and would be the latest government entity to kick in the project that is expected to create 525 permanent jobs and more than 200 temporary ...
Tags: steel, Metallurgy, Mineral, Energy
One of the two blast furnaces at Serbia's only steelmaker, Zelezara Smederevo, formerly US Steel Serbia, became operational on Monday, April 22, restoring the company's production after nine months, according to local media reports. ...
Tags: Serbia, One Blast Furnace
During Nucor Corporation's Q1 2013 conference call Thursday, President and CEO John Ferriola noted that the flat rolled steel market is poised for a difficult year. Ferriola said that the "amount of overcapacity is phenomenal right now," ...
Tags: Nucor, Sheet Market
In its quarterly earnings release Thursday, Nucor announced net earnings of $84.8 million for Q1 2013, compared to earnings of $145.1 million in Q1 2012 and net earnings of $136.9 million in Q4 2012. Nucor's consolidated net sales ...
Tags: Nucor, Lower Earnings
Fort Wayne, Indiana-based Steel Dynamics, Inc. announced late Wednesday Q1 2013 net income of $48 million on net sales of $1.8 billion. By comparison, prior year Q1 net income was $46 million on net sales of $2 billion and sequential Q4 ...
Tags: Steel Dynamics, Mineral
Finnish stainless steel producer Outokumpu has informed Italy's Ministry of Economic Developement that it has received three purchase offers for Terni-based Italian stainless mill Acciai Speciali Terni (AST), according to local Italian ...
Tags: Stainless Steel Mill, Metallurgy, Mineral, Energy