Nucor Corporation announced Wednesday guidance for its third quarter ending October 4, 2014, expecting results to be in the range of $0.70 to $0.75 per diluted share, which represents an increase from both the third quarter of 2013 and ...
Tags: Nucor, Structural steel
Australian steelmaker BlueScope Steel has announced that its subsidiary jointly owned with US-based multinational corporation Cargill, North Star BlueScope Steel (NSBSS), has concluded a detailed scoping and development study for a ...
Tags: Australian, BlueScope Steel, Metallurgy, Mineral
Egypt's largest steelmaker Ezz Steel has announced its financial results for 2013, reporting a net profit of EGP 134 million ($18.8 million), significantly increasing compared to EGP 8 million in the previous year. The company's sales ...
Tags: Ezz Steel, steelmaker
Local news reported Tuesday that the Douglas County, Wisconsin Board of Supervisors approved an agreement with the city of Superior that will begin the process for Reston, Virginia-based International Metallics Corporation (IMC) to build an ...
Nucor Corporation (NYSE: NUE) announced the successful start-up of production at our direct reduced iron (DRI) facility in St. James Parish, Louisiana. Production of DRI began on Tuesday, December 24, and has continued at planned ramp-up ...
Tags: steel, metallurgy
Nucor Corporation announced Friday the successful start-up of production at its direct reduced iron (DRI) facility in St. James Parish, Louisiana. Production of DRI began on Tuesday, December 24, and has continued at planned ramp-up levels ...
Nucor Corporation announced Tuesday guidance for its fourth quarter ending December 31, 2013. Nucor expects fourth quarter results to be in the range of $0.35 to $0.40 per diluted share.This range represents a decrease from both third ...
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net profit of EGP 302 million ($43.8 million), compared to a net profit of EGP 82 million in the corresponding ...
Nucor Corporation announced Thursday consolidated net earnings of $147.6 million, or $0.46 per diluted share, for the third quarter of 2013, compared to net earnings of $85.1 million, or $0.27 per diluted share, in the second quarter of ...
Tags: Metallurgy, Mineral, Energy
The collapse of an iron ore pellet storage dome (not an explosion, as local news initially reported) at Nucor's St. James Parish, Louisiana DRI plant on Wednesday will delay the start-up of the $750 million facility until the end of the ...
Reportedly, Nucor expected that its third-quarter earnings would rise from the level in a year ago, driven by improved demand and supply disruption of its competitors. The company expected that its earnings would be a 35~40 cents a share, ...
Tags: Construction, steel
It’s reported that Austria-based Voestalpine has commissioned Austrian plant maker Siemens and US-based technology provider Midrex to build a direct reduced iron (DRI) plant in Texas. The designed annual capacity of the DRI plant is ...
Austria-based steelmaker voestalpine has announced that it has signed a supply agreement with Siemens Industry Inc. and its consortium partner Midrex Technologies Inc. for the construction of the new direct reduction iron (DRI) plant to be ...
Tags: Mineral, Siemens, steelmaker
Sundeep Rao, director of Oman-based Sohar Steel, which produces rebars, coated rebars and weld mesh, has answered SteelOrbis' questions regarding the market outlook and Sohar Steel's operations. What is the situation regarding Sohar ...
Tags: Metallurgy, Mineral, Energy, steel
Egypt's largest steel producer EZZ Steel has denied media reports suggesting that the company is planning a capital increase to finance its direct reduced iron (DRI) project in Suez, underscoring that the project will continue to receive ...
Tags: EZZ Steel, steel producer, Suez DRI plant