Russia-based pipe producing company United Metallurgical Company (OMK) has stated that it plans to invest more that RUB 6.6 billion ($199.4 million) in 2014 to develop its subsidiary Vyksa Steel Works and its foundry-rolling complex. The ...
Tags: OMK, investment, metallurgy
The Association of American Railroads (AAR) reported Thursday increased US rail traffic for November 2013 over November 2012. Intermodal traffic in November totaled 1,007,549 containers and trailers, up 7.8 percent (73,004 units) compared ...
Tags: steel, metallurgy
On December 4, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in November this year its outputs of pig iron, crude steel and finished steel amounted to 805,800 mt, 859,700 mt and 800,900 mt ...
Tags: steel, metallurgy
Tenaris announced Wednesday an agreement to purchase, subject to regulatory approval, the remaining 50 percent interest in Socotherm Brasil from Socotherm Americas, a division of ShawCor. Socotherm Brasil operates a pipe coating facility ...
German-based plantmaker SMS Meer has announced that it will supply a premium quality finishing tube rolling mill for the global pipe and tube producer Tenaris' Bay City site in Texas, US. The first seamless tube plant to be set up by ...
Tags: steel, metallurgy, seamless
According to the data released by the Turkish Statistical Institute (TUIK), in October this year Turkey's season and calendar adjusted monthly industrial production index decreased by 3.1 percent compared to the previous month, while the ...
Tags: steel, metallurgy
ArcelorMittal was recognized by the US Department of Energy this week for its leadership in the Better Buildings, Better Plants Program, which supports the Obama administration's target to increase energy productivity in the US by 2030. ...
Tags: US, energy, Arcelormittal, energy productivity, energy efficiency
In November of the current year, China's finished steel exports amounted to 5.00 million mt, down 70,000 mt month on month and down 2.53 percent year on year, as announced by the Chinese customs authorities on December 8. In the ...
Tags: steel, metallurgy, export
On December 8, China's General Administration of Customs announced that in the first 11 months of the current year China's total foreign trade value amounted to $3.77049 trillion, up 7.7 percent year on year. China's total export value in ...
Tags: total foreign trade
On December 9, the China Iron and Steel Association (CISA) announced that in late November (Nov. 21-30) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.709 million mt, ...
Tags: steel, metallurgy, CISA
Anonymous sources have confirmed to SteelOrbis that representatives of the US rebar industry filed a "critical circumstances" allegation late Wednesday in the ongoing AD/CVD investigation of rebar from Turkey. The allegation, which claims ...
Tags: US, rebar, US rebar industry, Turkish rebar, critical circumstances
Chinese steel producer Hebei Iron and Steel Group has announced that in November this year the Yanshan iron ore mine of its subsidiary Hebei Iron and Steel Group Mining Co. achieved an average daily iron ore concentrate output volume of ...
Tags: steelmaker, metallurgy, iron
JSW Steel, one of the largest Indian steelmakers, has posted a 78 percent year-on-year increase in crude steel production for November of the current year, amounting to 1.07 million mt. According to the company's statement, in November ...
Tags: steelmaker, metallurgy
In November of the current year, China's producer price index (PPI) decreased by 1.4 percent year on year and was unchanged month on month, according to data released by China's National Bureau of Statistics (NBS). Meanwhile, in November ...
At the 75th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris on December 5-6, the participants discussed the slow growth prospects in the global steel market, exchanged views on the effect ...
Tags: steel, metallurgy, OECD