According to the American Iron and Steel Institute, in the week ending March 1, 2014, US domestic raw steel production was 1,861,000 net tons while the capability utilization rate was 77.4 percent. Production was 1,875,000 net tons in the ...
ArcelorMittal to supply clad steel plate for UAE's largest oilfield Luxembourg-based ArcelorMittal has announced that its Industeel site in Le Creusot, France, will provide 5,400 mt of clad steel plates for the Zakum oilfield, the largest ...
Tags: Clad Steel Plate
On March 5, Chinese Premier Li Keqiang delivered his government work report during the opening meeting of the second session of the 12th National People's Congress (NPC) in Beijing, stating that in 2014 China's GDP is expected to grow by ...
Tags: Steel Capacity, Mineral
In the January-February period of this year, total shipment volumes by Russian railway monopoly Russian Railways (RZD) - including ferrous metals, coal, oil, fertilizers and timber - increased by 0.3 percent year on year, according to the ...
Tags: Ferrous Metal, Russian Railways
According to local media, Mexican authorities raided 11 iron ore yards at the Port of Lazaro Cardenas—one of the country’s largest seaports—after revelations that drug cartels had been exporting ore to China. Over ...
US raw steel production picked up 1.6% week on week as steelmaking in the Great Lakes bounced up 4.4%, American Iron and Steel Institute data released Tuesday showed. In the week ended March 1, US mills produced 1.861 million st of raw ...
According to a report by international credit rating agency Moody's, iron ore operations will support the profitability of vertically integrated CIS-based steelmakers, despite growing price risks on slowing demand from China and a supply ...
Tags: Steelmakers, Mineral
In January this year, China exported 248,114 mt of stainless flat steel, up 19 percent compared to 208,340 mt in December and up 70 percent year on year. The growth is mainly attributed to the strong demand from Asian markets as well as low ...
Tags: Stainless Steel, Mineral
According to a report released Monday by Statistics Canada, the Canadian Industrial Product Price Index (IPPI) rose 1.4 percent in January, after advancing 0.6 percent in December. This was the third consecutive increase and the largest ...
Tags: Raw Material, Industrial Material
Major Chinese steelmaker Baosteel has announced that it has signed a cooperation agreement with Netherlands-based Nedschroef Group, a leading global producer of fasteners. Accordingly, Baosteel's high-strength cold forging steel will be ...
Tags: Baosteel, steelmaker
The US Census Bureau of the Department of Commerce announced Monday that construction spending during January 2014 was estimated at a seasonally adjusted annual rate of $943.1 billion, 0.1 percent (±1.5 percent) above the revised ...
Tags: Spending Edges, Mineral
In the first two months of the current year, Turkey's steel exports totaled 3.07 million mt, down four percent year on year, while the value of these exports decreased by 2.7 percent year on year to $2.3 billion, according to the data ...
Tags: Steel Exports, Mineral
Alpha Natural Resources, Inc. (Alpha), one of the nation's largest coal companies, Alpha Appalachian Holdings (formerly Massey Energy), and 66 subsidiaries have agreed to spend an estimated $200 million to install and operate wastewater ...
Tags: Coal, Certification, EPA
Turkish rebar producer Izmir Demir elik Sanayi A. (IDC) has announced its financial results for 2013, stating that the challenges regarding the supply and demand balance continued in the last quarter of 2013 due to overcapacity. IDC pointed ...
Tags: rebar producer, Mineral
Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that in February this year it sold one million steel wheel rims, rising by 31 percent year on year. In the given month, the company's wheel rim exports increased to ...
Tags: Steel Wheel, Mineral