Reportedly, London-based Stemcor has announced that its trading unit WSK Stahlhandels in Germany, an importer of steel pipe products, will be dissolved and closed on June 30, 2013 - effect from close of business of the day. The closure ...
Tags: Pipe Trading Unit, Mineral
Reportedly, ArcelorMittal Dosfasco based in Ontario Canada has decided to close down its 62-year-old coke plant No.1 in March 2015 due to higher maintenance costs. 100 employees will be affected from the shutdown but the company ...
Tags: Arcelormittal Dofasco, Mineral, Coke Plant
According to the data provided by the Turkish Statistical Institute (TUIK), following the 40.9 percent month-on-month increase recorded in April, in May this year Turkey's stainless flat steel imports rose by 10.7 percent compared to the ...
Tags: Stainless Flat Steel, Mineral
The euro zone manufacturing sector moved a step closer to stabilization at the end of the second quarter, with rates of contraction in output and new orders continuing to ease. Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) ...
Evraz, the top steelmaker in Russia is considering slashing working days to 4 days a week at parts of its ZSMK plant which is one of Russia's largest mills. The sluggish demands for steel together with the approaching slow summer season are ...
Tags: Metallurgy, Mineral, Energy, steel
Russia's gas giant Gazprom does not expect its 2013 retroactive payments to European clients to be significantly above the Rb23 billion ($699 million) level reached in the first quarter of the year, Mikhail Rosseyev, the company's deputy ...
Tags: Chemicals, gas, Metallurgy, Mineral, Energy
Austria-based industry giant Siemens Industry Inc. announced today, July 1, that it has completed the acquisition of Service Guide Inc., an Ohio-based company that has provided repair and refurbishing services for steel and aluminum mills. ...
Tags: Siemens, Steel Mills
In April this year, the seasonal and working-day adjusted turnover index in France's manufacturing industry increased by 0.3 percent month on month, due to a strong rise in exports, according to France's National Institute of Statistics and ...
According to data released by the US Census Bureau, the US’s imports of cut-to-length plates totaled 61,313 tons in May, slumping from 114,141 tons from April and decreasing from 112,118 tons in the same month of 2012. In May, ...
Tags: Plate Imports, Mineral
It is reported that Brazilian distributors reduced its outlook of growth of flat steel sales in 2013 from 6% to 2.5%. According the distributors association INDA, the domestic sale of flat steel in this May dropped 9.4% compared to the ...
Tags: Steel Distributors, Steel Sales
According to data of the Brazilian foreign trade ministry (MDIC), Brazil’s imports of stainless steel flat products totaled 29,655 tons in May, slumping by 33.18% from a month ago but rising by 2.17% year on year. In May, China ...
Tags: Stainless Flats, Mineral
The Mediterranean gasoline July cargo swap has risen to a premium to the July Eurobob barge swap, as lack of availability of prompt cargoes in the Mediterranean supports the market, trading sources said Wednesday. The bullish ...
Tags: Metallurgy, Mineral, Energy, Chemicals
One of the longest-running energy infrastructure sagas in recent history has finally reached its conclusion after the BP-led consortium that operates the giant Shah Deniz field offshore Azerbaijan snubbed the Nabucco West pipeline in favor ...
It’s reported that Taiwan’s steel pipe makers will adjust prices for July on June 27th after Chung Hung Steel, one of the major upstream raw material suppliers in Taiwan released price policy for July. Chung Hung Steel will ...
Tags: steel pipe, Cut Prices
Yieh Phui, one of the major coating steel manufacturers in Asia market, said about 75% of its current sales revenue came from oversea market which mainly used US dollars for most business. Due to the depreciated New Taiwanese Dollar ...