Turkey-based plantmaker CVS Technologies has announced that it has signed a contract with the South African steelmaker Cape Town Iron and Steel Company (CISCO) to upgrade its existing meltshop and rolling mill located in Cape Town. CVS ...
Tags: Steelmaking Mill, CVS Technologies
Finland-based stainless steelmaker Outokumpu has announced that the negotiations regarding its industrial plan have been successfully concluded with employee representatives and unions in Germany. The industrial plan was originally ...
Tags: Steel, stainless, Metallurgy, Mineral
Finland-based stainless steel producer Outokumpu has announced that the closure of its Krefeld meltshop in Germany has been completed according to a plan announced in January 2012. The last day of operations at the meltshop was December 6, ...
Tags: stainless steel, metallurgy
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
Russian steel mill, Rostov Steelworks (REMZ) announced that it will shut down its melt shop for maintenance around ten days in November. Traders said that it will have no allocation for export during the maintenance. The mill produces about ...
Tags: steel, Construction
Turkish plantmaker CVS Makina has announced that the six-strand high-speed billet caster of Russia-based AEMZ Company has produced its first billets. The billet caster was supplied by CVS Makina within the scope of AEMZ Company's turnkey ...
Tags: Mineral, CVS Makina
Transdanube Industries SRL might complete its Romanian rebar mini-mill in 2016. The total investment was US$295 million and the project will be financed from several investors. It’s learned that the financing should be ...
Turkey's largest steelmaking group Eregli Demir ve Celik Fabrikalari TAS (Erdemir) has announced its financial results for the first quarter of 2013. In the first quarter, the net profit of the company amounted to TRY 228.25 million ...
Tags: steelmaking, TAS, steel
According to the latest ‘Bi-Monthly Stainless Steel Report May 2013' issued by Germany-based service centre Damstahl, in the first two months of the current year European stainless crude steel production amounted approximately to 1.4 ...
Tags: Damstahl, Stainless Steel Output
Finland-based stainless steel producer Outokumpu has announced that it expects to reduce up to 2,500 jobs globally between 2013 and 2017, as part of its intention to significantly reduce its operating expenses and return the company to ...
Tags: Metallurgy, Mineral, Energy
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
Reportedly, Taiwan's Walsin Lihwa has announced that the company has begun hot run of its annual production capacity by 350,000~400,000 tons of stainless strip annealing and pickling plant in Taichung in central Taiwan. Meanwhile, the ...
Tags: Metallurgy, Mineral, Energy, stainless strip
Austria-based plantmaker Siemens Metals Technologies has announced that it has completed the modernization of two long steel rolling mills belonging to the German steelmaker BGH Edelstahlwerke GmbH. The plantmaker has upgraded the wire ...
Tags: long steel, steelmaker
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
Swiss plantmaker SMS Concast AG has announced that it will supply the first electric arc furnace to the Egypt-based long steel producer El Marakby Steel. The new furnace with an annual capacity of 350,000 mt will broaden El Marakby's ...
Tags: long steel, long steel producer