Sweden-based special steel producer Ovako has announced that the commercial court of Nanterre in France has made a decision regarding the bid concerning the assets of French engineering steel producer Ascometal in favor of the French ...
Tags: Bankrupt Ascometal
Brazil-based Gerdau Group has announced that it has presented a preliminary proposal for the acquisition of the French special steel producer Ascometal for €41.5 million. Ascometal has three steel plants located in Hagondange, Les ...
Tags: Gerdau Group, special steel
Sweden-based special steel producer Ovako has announced that in 2013 it registered a net loss of €21 million, widening from a net loss of €4 million in 2012, while the company's sales revenues amounted to €850 million, ...
Tags: Metallurgy, Mineral, Steel
A successful hot run test was carried out on January 14 on finishing units for the large-sized alloy steel bar line of Shandong-based Chinese steel producer Shouguang Juneng Special Steel Co., as announced by Beijing-based state-owned China ...
Tags: Special Steel, Finishing Units
Turkey-based special steel producer Yükselen ?elik A.?. has announced that it has acquired Istanbul-based Ramateks Metal Sanayi ve Ticaret A.?., part of Russian steelmaker Mechel. The acquired company operates in the special steel ...
Tags: Metallurgy, Mineral, Energy, Metal
Turkey's leading special steel producer and supplier Hascelik has announced that it has started operating its crack control line following four months of test production. According to Hascelik's statement, the finishing lines at TOSB ...
Tags: steel producer, Hascelik
Reportedly, Swedish-based special steel producer, Ovako, planned to increase its engineering steel production capacity in order to meet growing demand of spring steel and bearing steel. However, some of key customers have already begun ...
Tags: Steel, Metallurgy, Mineral, Energy
Swiss-based special steel producer and distributor Schmolz+Bickenbach has announced its financial results for the first quarter of 2013, reporting a net loss for the period. In the first quarter, Schmolz+Bickenbach registered a net loss ...
Tags: Schmolz+Bickenbach, Net Loss, Q1
South Russian special steel producer Red October announced that some parts of its modernization programs have completed and a centerless grinding and polishing machine has joined on the production line. The machine can improve product ...
The European Bank for Reconstruction and Development (EBRD) has announced it is supporting the efforts of Udine-based Italian special steel producer Acciaierie Bertoli Safau (ABS) to restart production at its steel plant in Sisak, Croatia ...
Reportedly, Swedish-based special steel producer, Ovako, announced to introduce its new hot-rolled ring mill at its Hofors works in Sweden. Meanwhile, the company has invested approximately €8million for targeting on larger dimensions ...
Tags: Metallurgy, Mineral, Energy, steel, special steel
Swiss-based special steel producer and distributor Schmolz+Bickenbach has announced its financial results for 2012, reporting a net loss for the period. In 2012, Schmolz+Bickenbach registered a net loss of €158 million, compared to a ...
On March 11, Zhejiang Province-based Chinese special steel producer Juili Special MaterialTechnology Co., formerly known as Jiuli Stainless Steel Pipe Co., issued its financial results for 2012. Accordingly, for 2012 Jiuli Special ...
Tags: steel producer, steel, Jiuli Special Material Technology
Brescia, Italy-based special steel producer Leali Group has been purchased by Geneva, Switzerland-based Klesch Group. The two companies inked a binding agreement on February 21, according to which the transaction will be completed by the ...
Tags: special steel, steel, special steel producer
On February 1, Zhejiang Province-based Chinese special steel producer Juili Special Material Technology Co., formerly known as Jiuli Stainless Steel Pipe Co., announced that it plans to invest RMB 6 million ($955,000) to establish a ...
Tags: Special Material, steel producer, Stainless Steel Pipe