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New Zealand-Based Steel & Tube Holdings Ltd Has Agreed to Acquire Tsial on April 14, 2014

Apr 10, 2014

Indian steelmaker Tata Steel has announced that New Zealand-based Steel & Tube Holdings Ltd has agreed to acquire Tata Steel International Australasia Ltd (TSIAL) on April 14, 2014 for a cash consideration of NZ$27.5 million (23,8 million ...

Tags: Steel, Tube, Steel Subsidiary

TSDE New Slitting Factory in Germany Construction Work Is Going to Be Completed

Oct 17, 2013

Tata Steel Distribution Europe (TSDE) new slitting factory in Germany construction work is going to be completed. The new facility will start to run in January, 2013. It will increase the TSDE's capacity by about 120,000-130,000 tons per ...

Tags: Construction, Decoration, steel

Klockner & Co Has Announced to Develop Its Kloeckner Metals Brasil

Jul 12, 2013

German largest steel distribution group Klockner & Co has announced to develop its Kloeckner Metals Brasil, which is a subsidiary of global steel and metal distributor Kl?ckner & Co, SA for new CTL project. The new project will include ...

Tags: steel, Construction

Bri-Chem Corp. Said Thursday That During Q1 2013, Net Earnings Were $1.8 Million

May 16, 2013

Alberta-based Bri-Chem Corp. said Thursday that during Q1 2013, net earnings were $1.8 million compared to net earnings of $2.9 million for 2012, a decrease of 36.6 percent. Bri-Chem is wholesale distributor and manufacturer of oil and gas ...

Tags: Pipe Market, steel pipe

Eurofer Indicated:The Stronger Euro Will Limit Any Further Growth Potential of Exports

Apr 11, 2013

According to the 2012 review of the steel market published by the European Steel Association (EUROFER), crude steel production in the European Union amounted to 168 million mt in the given year, down five percent compared to 2011. Similar ...

Tags: Steel Exports, Mineral

New Silicon Steel Distribution Center of WISCO Was Built in India

Apr 9, 2013

On April 8, Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Co. Ltd (WISCO), a listed subsidiary of Wuhan Iron and Steel (Group) Corp., announced that it is establishing a joint venture with Tebian Electric Apparatus Stock ...

Tags: WISCO, Silicon Steel Distribution

Ralph Seeks His Views on How to Solve Overcapacity in The European Steel Market

Apr 5, 2013

During the International Steel Trade Day organized by STSG-Eurometal in Milan on April 4, SteelOrbis interviewed Ralph Oppenheimer, chairman of Stemcor and STSG (Eurometal's Steel Trade Study Group), seeking his views on how the problem of ...

Tags: Ralph Oppenheimer, Steel Overcapacity Issue, Mineral

EUROFER States That The EU Steel Market Is Expected to Continue to Slow Down in The Q1

Feb 6, 2013

The European Steel Association (EUROFER) has stated that the EU steel market is expected to continue to slow down in the first quarter of the current year, despite several economic indicators edging up since November 2012. "We do expect a ...

Tags: Steel, steel market, steel industry

Brazilian Steel Distribution Companies Sold 4.35 Million Mt,Increasing 5 Percent

Jan 29, 2013

Sindisider, the Brazilian steel distributors' association, and Inda, Brazil's National Institute for Distribution of Steel, have released a report together stating that Brazilian steel distribution companies sold 4.35 million mt of flat ...

Tags: Sindisider, steel, steel distribution

Brazilian Steel Distribution Companies Sold 4.04 Million Tonne of Flat Products

Jan 6, 2013

Sindisider,the Brazilian steel distributors'association,released a report stating that Brazilian steel distribution companies sold 4.04 million tonne of flat products in the January-November period of 2012,1.9%higher compared to January to ...

Tags: Sindisider, Brazilian steel distribution companies, flat steel

PMI For China's Steel Distribution Sector Dropped to 45.2 Percent in November

Dec 13, 2012

Global Times reported that the purchase management index (PMI) for China's steel distribution sector dropped 5.1 percentage points month-on-month to 45.2 percent in November, which indicates that steel prices may decline further in the ...

Tags: purchase management index, Global Times, steel, Beijing Lange Steel

Steel Market in China Got a Jerk with Slight Improvement

Dec 11, 2012

Steel market in China got a jerk with slight improvement.More than the quantum it was the temperament which was encouraging.In the backdrop of healthy growth in manufacturing activity for the first time in 13 months in November,according to ...

Tags: steel market, PMI, HSBC, economic stability

Q2 1012 Apparent Consumption Down More Than 12% YoY

Dec 7, 2012

Q2 1012 apparent consumption down more than 12% YoY Stocks reduced further Demand seen falling almost 9% in 2012 Market to remain depressed well into 2013 Timid recovery in H2 2013 In Q2 2012, EU apparent steel consumption fell by ...

Tags: EUROFER, steel consumption, steel market

Masteel Material Technology Company Officially Began on November 9th 2012 in Chongqing

Nov 30, 2012

Reportedly, the construction of Chinese Masteel's first steel trading center, Masteel Material Technology Company officially began on November 9th 2012 in Chongqing city.a The factory occupies 14103 square meters and is estimated to ...

Tags: Steel, construction material, Chinese Steel Company

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