Speaking at the SteelOrbis 2014 Fall Conference & 71st IREPAS Meeting in Berlin, Kim Marti, international sales director of Spanish steel producer CELSA Group, said that the key risks to the global economy, such as geopolitical tensions ...
ArcelorMittal executives announced Thursday the company's plans to reopen its Harriman, Tennessee steel plant, which closed in 2011 due to poor market conditions. In a joint announcement with Tennessee Economic and Community Development ...
Tags: steel, metallurgy
It’s reported that Gerdau Long Steel North America said that it will raise prices for merchant bars and beams and wire rods by US$10/short tons and US$30/short ton respectively. The price rise for wire rod will become effective with ...
Tags: steel, metallurgy, price
Reportedly, Gerdau Long Steel North America announced to raise prices for rebars, beams and merchant bars by US$20/short ton. Gerdau said that it decided to hike prices is in order to response the competitive market conditions. Meanwhile, ...
According to local reports, Gerdau Long Steel North America will close its Joliet Township, Illinois merchant bar facility by the end of this year. About 110 workers will be affected. A company press release stated that the facility, ...
US steelmaker Nucor said late Tuesday that it is raising rebar prices by $10/st. The increase is half that announced Friday by competitor Gerdau Long Steel North America, raising questions in the market about whether the earlier increase ...
Tags: steelmaker, rebar, steel, ferrous shredded scrap, raw material
Indian steelmaker Tata Steel has announced its sales results for the second quarter and the first half ended September 30 of the financial year 2013-14. The total domestic sales of Tata Steel in the second quarter increased by 18 percent to ...
Tags: Crude Steel, steelmaker
Austria-based plantmaker Siemens Metals Technologies has announced that it has received an order from Saudi Arabia-based United Steel Industries LLC to construct a long product rolling mill in the United Arab Emirates. The plant will be ...
Tags: Siemens, Rolling Mill
According to the Economic and Steel Market Outlook 2013-2014/Q3 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in the first quarter of 2013 European Union (EU) steel exports increased by 11 percent year ...
Tags: Steel Exports, EUROFER
Russia-based Mechel has announced that it is selling its 100 percent stake in UK-based steel plant Invicta Merchant Bar and its debts to Mechel to privately-owned Helium Miracle 127 LLP for £1.1 million. Invicta Merchant Bar was ...
Tags: Steel Plant, Mechel
Indian steelmaker Tata Steel has announced its sales results for the first quarter ended June 30 of the financial year 2013-14. The total domestic sales of Tata Steel for the first quarter increased by 26 percent to 2.01 million mt, ...
Tags: Tata Steel, Crude Steel
Turin-based Italian steel company Tuxor, which is active in the export of construction steel (rebar, mesh, beams, merchant bar, sheet piles) and tubular products, has announced its financial results for 2012. In 2012, the company recorded ...
Ashland, Kentucky-based KES Acquisition Company d/b/a Kentucky Electric Steel (KES), a value-added manufacturer of Special Bar Quality (SBQ) and Merchant Bar Quality (MBQ) steel bar products and wholly-owned subsidiary of Optima Specialty ...
Tags: merchant bar, longs, USA, North America, investments, steelmaking, San Diego
According to report, Nucor will follow Gerdau’s long steel products price announced last week with price cut for rebars, most merchant bar, structural products and beams by $20/st, starting the second day of May. The company stated ...
Tags: Nucor, Long Product Prices
Oman-based steelmaker Al Jazeera Steel Products Company has announced that its board of directors has approved a proposal to increase rebar production by upgrading the existing merchant bar mill. This upgrade will allow an additional annual ...
Tags: Al Jazeera, Steel