Reportedly, Chinese Baosteel Stainless announced to cut domestic prices for austenitic stainless steel prices by RMB700~RMB900/ton for June to reflect lower raw material prices. Baosteel Stainless decided to cut its list prices for 304 ...
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for July and August. Industry sources predicted that CSC would cut its list prices for steel wires and bars for July and August due to ...
Tags: CSC, Construction, Steel Wires, Bars
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to release its list prices for electric furnace (EF) Al-killed wire rods for June. Industry sources predicted that CSC might cut its list prices for EF Al-killed wire ...
Tags: CSC, Wire Rod Prices
Basque region, Spain-based seamless stainless steel pipe producer Tubacex has announced its financial results for the first quarter of the current year. Net profit totaled €3.53 million in the given quarter, tripling the net profit ...
Tags: Basque region, Net Profit
Reportedly, the Taiwanese steel pipe makers are going to release price policy for May. Industry sources said that the Taiwanese steel pipe makers might cut prices by NT$700~NT$800/ton for May in order to reflect lower raw material prices. ...
Tags: Steel Pipe, Steel
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2012-13 ended March 31. For the given period, Kobe Steel reported a net loss of JPY 27 billion ($275.7 million), compared to a net loss of JPY ...
Tags: Kobe Steel, Net Loss
On April 25, Henan Province-based Chinese steelmaker Anyang Iron and Steel Group Co. issued its financial results for the first quarter of this year. In the given period, Anyang Steel achieved an operating revenue of RMB 4.907 billion ...
Tags: Anyang Steel, Net Loss
It's reported that the Chinese Benxi Steel announced that its net profits slumped by 91% from a year ago to RMB69.38 million in 2012. The company stated that high raw material prices and sluggish demand caused its net profits slump last ...
Tags: steel, Metallurgy, Mineral, Energy
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile, Rieter Group
It’s reported that the major steelmakers in the US, including Nucor, Commercial Metals Company and Gerdau North America recently announced to cut prices for section steel products by US$20/short ton. It’s known that the ...
Tags: Steelmakers, Steel Products
Mohawk Industries, Inc. today announced that it has completed the acquisition of the Marazzi Group for approximately $1.5 billion with a combination of cash and equity giving Mohawk the leading position in worldwide ceramic tile. The ...
Tags: Construction, ceramic tile
In March this year, the purchasing managers’ index (PMI) of China’s steel sector decreased to 44.6 percent, sharply down 14.3 percentage points compared to the previous month, as announced by the China Steel Logistics Committee ...
Tags: Chinese Steel Sector, PMI, Mineral
On March 26, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel (Masteel) announced that in 2012 its operating revenue totaled RMB 74.4 billion ($11.96 billion), down by 14.33 percent year on year, while it recorded a net loss ...
Tags: Masteel, Net Loss, steelmaker
Reportedly, the Chinese steelmaker Hangzhou Steel posted a net loss of RMB379 million for 2012, in comparison of a net profit of RMB299.8 million in a year ago. In 2012, the company realized operating revenue of RMB17.133 billion, slumping ...
Tags: Steel, Metallurgy, Mineral, Energy
Quintain Steel, one of the major wire rod producers in Taiwan, announced to leave its list prices for all its wire rod products unchanged on March 25th. Affected by China Steel Corp. (CSC)’s unchanged price policy, Quintain Steel also ...
Tags: Taiwanese Quintain Steel, Mineral, Wire Rod