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Turkish Integrated Steelmaker Erdemir Has Announced a Net Profit of TRY 344 Million

Aug 18, 2014

Turkish integrated steelmaker Erdemir has announced a net profit of TRY 344 million ($159.3 million) for the second quarter of the current year, increasing by nine percent year on year, while the company's sales revenues amounted to TRY ...

Tags: Turkey, Metallurgy, Energy

Arcelormittal Brasil Has Announced Its Financial Results for 2013

Apr 2, 2014

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

Taiwan-Based Dragon Steel Corporation Uses New Sinter Plant to Product

Jul 25, 2013

Austria-based plantmaker Siemens Metals Technologies has announced that the new sinter plant No. 2 supplied for Taiwan-based Dragon Steel Corporation recently commenced production. The new sinter plant was built as part of the steelmaker's ...

Tags: Sinter Plant, Dragon Steel

Nucor Corporation Reported Thursday Its Guidance for Q1 2013

Mar 18, 2013

Nucor Corporation reported Thursday its guidance for Q1 2013 (ended March 30, 2013). Nucor anticipates earnings to be in the range of $0.20 to $0.25 per diluted share, a substantial drop from Q1 2012 earnings of $0.46 per diluted share and ...

Tags: flat steel market, flat steel, steel market

Turkey Imported 950,490 Mt of Slab in 2012, More Than Sextuple

Feb 19, 2013

According to the customs statistics provided by the Turkish Statistical Institute (TUIK), Turkey imported 950,490 mt of slab in 2012, more than sextuple compared to the previous year. In 2012, Turkey's slab imports hit the highest level ...

Tags: slab imports, Steel Producer, Steel

Turkey's Slab Imports Rose on Month-on-Month Basis for The Third Consecutive Month

Jan 30, 2013

According to the customs statistics provided by the Turkish Statistical Institute (TUIK), Turkey's slab imports reached 165,210 metric tons in November last year, up 7.5 percent compared to the previous month, hitting the highest monthly ...

Tags: slab imports, slab, slab industry

Gerdau Planned to Begin The Production of Flat Steel in The First Quarter of 2013

Jan 28, 2013

Reportedly, Brazilian steelmaker Gerdau planned to begin the production of flat steel in the first quarter of 2013. However, there is no any further detail has offered so far. Meanwhile, the company has under testing run stage for flat ...

Tags: flat steel operation, steelmaker, flat steel

Turkey's Crude Steel Production Rose by 5.2 Percent Year on Year Reaching 35.9 Million Mt

Jan 18, 2013

According to a statement released by the Turkish Iron and Steel Producers' Association (DCUD), in 2012 Turkey's crude steel production rose by 5.2 percent year on year reaching 35.9 million mt. The DCUD said that Turkey's crude steel output ...

Tags: crude steel output, crude steel, Iron, Steel

Dmitry Nikolaenko,Sales Director and Member of The Executive Committee of Metinvest

Jan 5, 2013

Mr.Dmitry Nikolaenko,sales director and member of the executive committee of Metinvest,shared his thoughts with SteelOrbis about Metinvest's acquisition of Zaporizhstal,about Metinvest's services and on the Turkish flat steel market in ...

Tags: Metinvest, Zaporizhstal, flat steel

The Steel Market Has Been Playing Second Fiddle

Dec 26, 2012

In consonance with the economic undulations prevalent in much of the developed world the steel market has been playing second fiddle. With whole of 2012 washed off in guess work about turnaround in the economic crisis in Europe and USA ...

Tags: flat steel market, flat steel, steel, steel prices

Aspirations Are Soaring High About an Imminent Policy

Dec 26, 2012

Entering in the penultimate year before the general elections in 2014 aspirations are soaring high about an imminent policy push by the government to kindle growth and demand in economy. Even the year is expected to end on a dour note ...

Tags: penultimate year, economy, India, Steel

Turkey's Slab Imports Reached 153,699 Metric Tonne in October This Year

Dec 25, 2012

According to the customs statistics provided by the Turkish Statistical Institute, Turkey's slab imports reached 153,699 metric tonne in October this year, following the 106,138 metric tonne recorded in September and hitting the highest ...

Tags: slab, Turkey, Iron, Steel, billet

Analysts at Credit Suisse Group Cut The Recommendation on Preferred Shares

Dec 20, 2012

Analysts at Credit Suisse Group cut the recommendation on preferred shares of Brazilian steelmaker Usinas Siderúrgicas de Minas Gerais SA to "underperform" from "neutral," saying recent gains in the price of the stock are probably ...

Tags: Analysts at Credit Suisse Group, Brazilian steelmaker

December Has Generated Some Heat in The European Flat Steel Market

Dec 20, 2012

December has generated some heat in the European flat steel market with mill in major steel producing countries hiking price by EUR 10 per tonne to EUR 20 per tonne. Combination of supply driven and bid to eke out better price in Q1 2013 ...

Tags: steel market, major steel producing countries, hiking price

Yury Bodyaev Answered Our Questions and Explained The Company's New Business Structure

Oct 19, 2011

On March 11 this year,Russian steelmaker Magnitogorsk Iron and Steel Works(MMK)was reported to be considering the acquisition of all shares of the joint venture MMK-Atakas Metalurji San.Tic ve Liman Isletmeciligi A.S.(MMK-Atakas)which it ...

Tags: MMK, Russia, steelmaker, Turkish, Atakas Sirketler Grubu

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