Valin ArcelorMittal Automotive Steel (VAMA) has forayed into the automotive manufacturing with the opening of a new advanced automotive steel plant in China with a total investment of CNY5.2bn ($832m) Located in the economic zone in Loudi ...
LASYS 2014 to see demo of high-power welding with online seam tracking; BMW-Mini already a fan. Laser positioning and deflection technology developer Scanlab and subsidiary Blackbird Robotics will be presenting their new robot-assisted 3D ...
Tags: Scan System, Laser-Robots
Despite weak fundamentals and largely negative sentiment, the futures and swaps markets recovered some ground through the day, leading to some support for ore prices. Platts assessed the 62% Fe Iron Ore Index up 50 cents from Monday at ...
Tags: steel rebar, ore prices
SSAB Americas announced price increases for as-rolled plate, cut-to-length plate and hot-rolled coils by a minimum of $30/st and a minimum increase of $50/st for normalized, quenched and tempered plate, according to a letter sent to ...
Tags: Steel Plate, SSAB Americas
US sheet steel deals are getting progressively tougher to find as producers find renewed confidence in their order books and their lead times, market sources said Thursday. One service center buyer said $670/st is the most common ...
Tags: Sheet Steel
Nova Bus, a North American subsidiary of Volvo Group, has won a vehicle supply contract worth $32.6m from the Canada-based transit authority, the Toronto Transit Commission (TTC). Under the contract, Nova Bus will supply 55 units of ...
Tags: Nova Bus, Volvo Group
On June 13, the Indian industry body ASSOCHAM called on the Indian Minister for Commerce and Industry Nirmala Sitharaman and submitted a memorandum, strongly suggesting the imposition of a 30 percent export duty on iron ore pellets in the ...
Tags: Iron Ore Pellets, steel capacity
According to the report released by Argentina's steel chamber, in May this year the country's crude steel production was down 0.6 percent month on month and increased by 7.6 percent year on year, amounting to 482,900 metric tons. Production ...
Tags: Crude Steel, hot rolled steel
In May this year, China's overall value-added industrial output increased by 8.8 percent year on year, as announced by China's National Bureau of Statistics (NBS) on June 13, with this growth rate 0.1 percentage points higher than that ...
Tags: Industrial Output, steel output
Russia-based steel pipe producer ChTPZ Group has stated that it has dispatched four pipes of 1,420 mm diameter with wall thickness of 21.7 mm, with external and internal anti-corrosion coating, made of MMK's sheet steel of K60 grade for the ...
Tags: Welding Pipes, Gas Pipeline
Norix Furniture introduced its new Hondo Nuevo line of contemporary lounge furniture at NeoCon 2014 on June 9-11 at the Merchandise Mart in Chicago. Norix Furniture's Hondo Nuevo line of furniture combines superior durability and style with ...
Tags: Furniture, Furnishing
Scrap market activity remained sluggish in eastern China over the week with prices mainly holding steady and unlikely to gain any upward momentum in the short term as the outlook for the finished steel market remains pessimistic, market ...
Tags: Ferrous Scrap, Heavy Scrap
China exported 8.07 million mt of finished steel in May this year, up 7.03 percent month on month, while it exported 33.94 million mt of finished steel in the January-May period of the year, rising by 33.6 percent year on year, according to ...
Tags: Finished Steel, iron ore
India's finished steel consumption totaled 12.62 million mt in the first two months of the current Indian fiscal year (started April 1, 2014), with a 0.5 percent year-on-year increase, according to provisional estimates released by the ...
In April of the current year, steel product orders, including specialty steels, booked by domestic sectors in Japan amounted to 4.89 million metric tons, up 4.09 percent compared to April 2013 and up 1.51 percent compared to March, ...
Tags: Steel Product, domestic sectors