Russian mining and steel group Mechel has announced its financial results for 2013. In the given period, Mechel saw an adjusted net loss of $734 million compared to a net profit of $305 million in 2012, while its sales revenues decreased by ...
Russian mining and steel producing company Evraz Group has announced its financial results for 2013, registering a net loss of $572 million, widening from a net loss of $425 million in 2012. The company's sales revenues decreased by 2.1 ...
Tags: Metallurgy, Mineral, Energy, steel
ArcelorMittal Brasil, Brazilian subsidiary of global steelmaker ArcelorMittal, has announced its financial results for 2013, indicating that the surplus of global steel production capacity is over 570 million mt, which still presents risks ...
Tags: Steel, Metallurgy, Mineral
Russian mining and steel group Mechel has announced its consolidated financial results for the first nine months of the current year. In the January-September period, Mechel saw an operating loss of $393 million compared to an operating ...
Tags: steel, metallurgy
Canton, Ohio-based The Timken Company reported Thursday third-quarter 2013 sales of $1.1 billion, a 7 percent decrease compared with the same period a year ago, primarily due to weaker demand from the company's broad end markets, partially ...
Tags: Steel Segment, economic growth
Industries Qatar, the parent company of Qatar Steel, has announced its financial results for the first nine months of the current year, reporting a consolidated net profit of QAR 6.3 billion ($1.73 billion), down 4.8 percent year on year. ...
Tags: Steel, Metallurgy, Mineral
Sao Paulo, Brazil-based iron ore mining company and flat rolled steel producer Companhia Siderurgica Nacional (CSN) has announced its financial results for the second quarter of 2013. In the second quarter, CSN registered a net income of ...
Tags: iron ore mining
Steelmaker Ternium reported Wednesday net income of $134.4 million for Q2 2013, down from $151.4 million in the previous quarter, but higher than the $115.4 million reported in Q2 2012. Steel shipments in Q2 2013 of 2.2 billion tons were ...
Tags: Ternium, Stable Sales
It’s reported that the US steelmaker Nucor announced its net earnings in the second quarter of this year totaled US$85.1 million, increasing slightly from a quarter ago but falling by 24% in comparison of net earnings of US$112.3 ...
Reportedly, Russian steel giant Mechel released its consolidate financial results for the first quarter of this year. Mechel posted a net loss of US$321 million for the first quarter of this year, slumping from a net profit of US$218 ...
Tags: Construction&Decoration, Russian, steel
In its financial results according to US GAAP (Generally Accepted Accounting Principles) for the first quarter of 2013, Russian steelmaker NLMK Group's net profit decreased by 78 percent compared to the first quarter of the previous year to ...
Japan’s Kobe Steel launched its financial result for the fiscal year 2012/13 ended on March 31st. The company posted a net loss of ¥27 billion for the fiscal year 2012/13, in comparison of a net loss of ¥14.24 billion in a ...
Tags: Kobe Steel, Mineral
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
The Russian steelmaker Magnitogorsk Iron and Steel Works (MMK) released its financial results for 2012, MMK posted a net loss of US$94 million for 2012, rising from a net loss of US$125 million in a year ago. In 2012, the company realized ...
Tags: steelmaker, Iron, Steel
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for 2012 according to International Financial Reporting Standards (IFRS). In 2012, MMK reported a net loss of $94 million compared to a net ...