AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...
Tags: AK Steel, Furnace Outage
AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...
Tags: expenses pertaining, shipment, Metallurgy
AK Steel announced Wednesday that for the third quarter of 2014, the company expects shipments of approximately 1,350,000 tons, a decrease of approximately 3 percent from the 1,398,000 tons shipped in the second quarter of 2014. Shipments ...
Tags: AK Steel, Metallurgy
In its preliminary financial report for the first half of the current year, Hunan Province-based Chinese steelmaker Hunan Valin Iron & Steel Co. (Hunan Valin Steel) has announced that it expects to record a net profit of RMB 10-30 million ...
Tags: Valin Steel, Profit, Metallurgy, Mineral
In its preliminary financial report for the first half of the current year, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. has announced that it expects to record a net profit of RMB 0-10 million ($0-1.63 million) for the ...
Tags: China, Shougang Steel, Metallurgy, Mineral
United States Steel Corporation (US Steel) has reported a net loss of $122 million for the fourth quarter of 2013, compared to a net loss of $50 million in the same quarter of 2012. Adjusted net income for the fourth quarter of 2013 was $38 ...
Tags: Net Loss, US, Steel Corporation
AK Steel provided guidance for its fourth quarter of 2013 financial results Wednesday, saying it expects to realize net income of $0.02 to $0.06 per diluted share of common stock, excluding the effects of a potential non-cash income tax ...
Privately owned Shagang Group, China's biggest steel scrap consumer, expects to utilize 5.5 million mt of scrap this year -- or about 15,000 mt/day -- an increase of 500,000-800,000 mt, or about 13%, from last year, a company source said ...
Tags: steel, metallurgy
Japanese steelmaker Kobe Steel Ltd (Kobe) has posted a net income of JPY 44.17 billion ($452.97 million) in the first half of the current fiscal year which began on April 1, 2013, compared to a net loss of JPY 38.20 billion in the ...
Tags: steel, Metallurgy, Mineral
It's reported that China's major steelmaker Hebei Steel estimated that its net profits would be at RMB39.34~RMB118 million for the first half of this year, slumping by 70%~90% from the net profits in the same period of a year ago. Hebei ...
Tags: Metallurgy, Mineral, Energy, steel
India-based steelmaker Tata Steel is planning to begin production from one of its iron ore projects in Canada by the end of the current year, according to India's news agency Press Trust of India (PTI). This is expected to improve raw ...
Tags: Tata Steel, Iron Ore
Indian steel giant Tata Steel has announced that it expects to register an impairment charge of $1.6 billion for the financial year ended March 31, 2013, as a result of its review for the period in question. The company attributed the ...
Tags: Tata Steel, Mineral
West Chester, Ohio-based flat rolled steelmaker AK Steel Friday provided guidance for its Q1 2013 financial results. AK Steel expects to incur a net loss of between $0.09 and $0.13 per diluted share of common stock for Q1 2013, an ...
Tags: Metallurgy, Mineral, Energy, steel
Sichuan Province-based Chinese steelmaker Chengdu Iron and Steel, a subsidiary of Pangang Group, has announced its production and operating targets for 2013. Accordingly, Chengdu Steel expects to achieve an operating revenue of RMB 11.5 ...
Tags: Steel targets, steelmaker, Iron, Steel
On January 31, Hebei Province-based Chinese steelmaker Hebei Iron and Steel Co., Ltd issued its preliminary financial results for 2012. Accordingly, Hebei Steel has posted an estimated net profit of RMB 13.8-345.7 million ($2.2- 55 ...
Tags: Hebei Steel, steelmaker, steel prices