Gerdau S.A. reported Wednesday that shipments of steel products reached 4.5 million mt in the second quarter of 2014, a reduction of 2.4 percent when compared to Q2 2013. Net Sales reached R$10.4 billion in Q2 2014, an increase of 5.7 ...
Tags: Steel Products, Mineral
According to the preliminary data released by Statistics South Africa (SSA), in June this year South Africa's manufacturing output increased by 0.5 percent compared to the same month of 2013. The main reasons for the increase included the ...
Tags: Mineral, Metallurgy, Iron steel
According to the data released by Ukrainian association of metal producers Metallurgprom, in June this year Ukraine exported $451.276 million worth of semi-finished steel products, while imports of these products totaled $5.332 million in ...
Tags: Steel Products, Mineral, steel
According to its financial results according to US GAAP (Generally Accepted Accounting Principles) for the second quarter and the first half of 2014, Russian steelmaker NLMK registered a net profit of $158 million in the second quarter, ...
Tags: NLMK
International credit rating agency Fitch Ratings has affirmed Brazil steelmaker Gerdau’s rating at BBB-, with a stable perspective, it said recently. The rating is based on Gerdau’s “position as the leading ...
Tags: Brazil, Fitch Ratings, Metallurgy, Mineral
In June of the current year, steel product orders, including specialty steels, booked by domestic sectors in Japan amounted to 4.83 million metric tons, up 4.84 percent compared to June 2013 and up 1.46 percent compared to May, according to ...
Tags: steel product, steel, Mineral
Oskol Metallurgical Plant (OEMK), a subsidiary of the Russian iron ore and steel producing company Metalloinvest Holding (Metalloinvest), has announced that in the January-June period this year it shipped 1.5 million mt of rolled steel ...
Tags: OEMK, Rolled Steel, Metallurgy, Mineral
South Africa's primary carbon and alloy steel product imports (excluding semi-finished steel, stainless steel and drawn wire) amounted to 67,293 mt in May this year, increasing by 39.6 percent compared to April, but down 48.5 percent from ...
Tags: South Africa, carbon and alloy steel, Metallurgy, Mineral
Swedish speciality steel producer SSAB has announced that the European Commision has approved its merger with Finland-based steelmaker Ruukki. The offer period for the merger is scheduled to expire on July 22. The Commission had concerns ...
Tags: SSAB, Ruukki, Metallurgy, Mineral
In the January-July period this year, Ukraine-based Azovstal, a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, saw a 13.6 percent decrease in its crude steel production to 2.308 million mt and a 16.8 ...
Tags: steel production, steel, Mineral
Indonesia-based steelmaker PT Krakatau Steel (Persero) Tbk (PT KS) has announced that it has signed an agreement with its subsidiary PT Krakatau Engineering and German plantmaker SMS Siemag for the construction of a 1.5 million mt hot strip ...
Tags: agreement, hot strip, Metallurgy, Mineral
In July this year, Germany's crude steel output decreased by 3.1 percent month on month to 3.45 million metric tons, rising by 1.5 percent compared to July 2013, according to the information provided by the German steel federation ...
Tags: Crude Steel, Steel
According to the preliminary data released by Statistics South Africa (SSA), in May this year South Africa's manufacturing output decreased by 3.7 percent compared to the same month of 2013. The main reasons for the decrease included the ...
Tags: Manufacturing, Decrease, Metallurgy, Mineral
Kocaeli-based Turkish steel wire and rope producer Celik Halat ve Tel Sanayii Inc. has announced its financial results for the second quarter and the first half of the current year. In the second quarter, the company posted a net profit ...
Tags: Celik Halat ve Tel Sanayii, financial results, announce
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the first quarter ended June 30 of the fiscal year 2014-15. For the given period, Kobe Steel has reported a net profit of JPY 22.9 billion ($222.3 million), ...
Tags: steelmaker, Kobe Steel, steel