Germany-based long steel producer Saarstahl has announced that it is investing €30 million in the complete modernization of its wire rod mill in Neunkirchen, aiming to secure market share in the premium quality sectors for customers in ...
Sajjan Jindal, the millionaire owner of Indian steel producer JSW Steel, has stated that he has offered less than $100 million to buy the steel complex of Italian steelmaker Lucchini in Piombino, Tuscany, Italy, while not wanting to take on ...
On the evening of Thursday, September 11, Italian steelmaker Lucchini informed SteelOrbis that it has received a new binding offer from Indian steel producer JSW Steel for its core assets in Piombino, Tuscany and is currently considering ...
Tags: JSW Steel
Germany-based long steel producer Saarstahl has announced that it is investing €46 million in the modernization of rolling mills, including €30 million for the rolling stand in V?lklingen and €16 million for the wire mill in ...
Tags: Metallurgy, Mineral, Steel, Rolling Mills
Global aluminum producer Alcoa has offered third-quarter term shipments at a $408/mt premium to London Metal Exchange cash, CIF Japan, Japanese buyers said Thursday. The premium is for primary aluminum ingot to be shipped to Japanese main ...
Tags: aluminum, Japanese market
Austria-based plantmaker Siemens Metals Technologies has announced that it has received an order from South Korean steelmaker Hyundai Steel for a continuous bloom casting machine, a large bar rolling mill and a small bar and wire rod mill ...
Canadian steelmaker Ivaco Rolling Mills announced Monday that it will receive a $7 million loan from the Ontario provincial government to modernize its steel billet and hot-rolled wire rod facility in L’Orignal, Ontario. Plans for ...
Tags: steel, Metallurgy, Mineral, wire rod
BASF is expanding its business in industrial coatings in the growth market of Africa. Since October 2013, the company has supplied coil coatings to Roofings Rolling Mills (RRM), located in Uganda. BASF and its technical service were also on ...
Tags: Coil Coatings, BASF
Alcoa has announced it will permanently close its Point Henry aluminium smelter and two rolling mills in Australia. The smelter and an adjacent rolling mill are located in Geelong, Victoria. The second mill and a recycling facility are ...
Tags: aluminium, Metallurgy, Mineral
Chung Hung Steel, one of the major carbon steel flat re-rolling mills in Taiwan, has announced to hike its new price for next January. The company will raise its new price by NT$300/ton for hot roll and cold roll coils and increased ...
Tags: steel, metallurgy
Quintain Steel, one of the major carbon steel wire rod re-rolling mills in Taiwan, has calculated its net operating loss from this January to November totaled NT$129 million, the number of loss has narrowed down a lot from 2012. The ...
Tags: steel, metallurgy
The carbon steel wire rod market in Taiwan is expected to rebound slowly after stock clearance. Most suppliers believe the market prices could be stable due to increasing sales volume from last week. At present, China Steel Corporation ...
POSCO Engineering & Construction (POSCO E&C) announced Tuesday that it signed a US$600 million contract for a steel mill project with Brazil-based Companhia Siderúrgica Suape (CSS) in its Songdo office in Incheon. The project is ...
Tags: POSCO E&C, sign, million, contract, Companhia Siderúrgica Suape
Chung Hung Steel, one of the major carbon steel re-rolling mills and welded pipe makers in Taiwan, has announced its December price on November 25th. Due to the weak local market demand, Chung Hung Steel has announced to keep its December ...
Tags: Taiwanese, Chung Hung Steel, December, price, flat
Power Steel Co. (PSCO), one of Taiwanese major re-rolling mills in small sizes rebar production said that the company has recently received one export order from Asian buyer with the order quantity to be more than 10,000 tons. According to ...
Tags: Power Steel, Export Market