Austria-based plantmaker Siemens Metals Technologies has announced that it has received an order from German-based Hüttenwerke Krupp Mannesmann GmbH (HKM) to modernize the continuous slab caster No. 1 in the Duisburg-Huckingen plant. ...
Tags: Siemens, plantmaker
Luxembourg-headquartered global stainless steel producer Aperam SA, which was spun off by ArcelorMittal and separately listed in 2011, has announced its financial results for the first quarter of 2013. In the first quarter, Aperam ...
Tags: Aperam Records, Mineral
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced that it is targeting cost cuts of $3 billion by the end of 2015. As of March this year, the company had achieved $200 million in cost improvements. According to ...
Tags: Arcelormittal, Mineral
The China Association of Automobile Manufacturers (CAAM) has stated that in April this year the aggregate automobile output in China totaled 1,899,400 vehicles, down 8.9 percent month on month but up 15.3 percent on year-on-year basis. In ...
Tags: Auto Output, Mineral
Chile's CAP SA recorded net earnings of $45.1 million in Q1 and earnings before interest, taxes, depreciation and amortization (EBITDA) of $137.2 million, down 46.4 percent and 31.5 percent, respectively from Q1 2012. The company said the ...
Tags: Earnings Drop, Mineral
On May 10, China's Ministry of Commerce (MOC) announced the initiation of an antidumping (AD) investigation of alloy seamless steel pipes imported from the EU, Japan and the United States. On March 22 this year, Inner Mongolia-based North ...
Tags: antidumping, Mineral
Kolkata Port Trust (KoPT), which operates two dock systems in eastern India, is planning to resume full-fledged shipbreaking activities after nearly three years, a senior port official said on Friday, May 10. According to A K Bagchi, ...
Tags: Shipbreaking Operations, Mineral
In April this year, Germany's crude steel output amounted to 3.56 million metric tons, decreasing 0.9 percent compared to the same month of the previous year, and down 6.6 percent month on month, according to the information provided by the ...
Tags: Hot Rolled Steel, Mineral
In March this year, the seasonally and working-day adjusted turnover in the German manufacturing industry rose by 1.7 percent compared to the previous month, following a revised month-on-month increase of 0.2 percent in February, according ...
Tags: German Motor Vehicle, Mineral
India's Central Board of Excise and Customs has imposed a 2.5 percent import duty on melting scrap and stainless steel scrap, according to notification published on May 8. India has not collected any duties from scrap imports until now. ...
Tags: Scrap Imports, Mineral
MAN Diesel & Turbo May 9 puts the PrimeServ, a new service center, into business in Shanghai, which is three times that of earlier center. The company has a plant in Changzhou, producing compressors, turbine motors, gear systems, ...
Tags: MAN Diesel, Diesel
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
Chung Hung Steel, one of the major re-rollers in Taiwan planned to triple its API pipe production capacity to 270,000 tons per year after commissioning a new Greenfield plant in central Taiwan this year. The official of Chung Hung Steel ...
Tags: Steel, Metallurgy, Mineral, Energy, taiwan
According to the statistics released by the US International Trade Commission (US ITC), in March this year US scrap exports amounted to 1.7 million metric tons, falling by 20.5 percent year on year and down 8.3 percent from the previous ...
Tags: Scrap Export, Mineral
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp. (WISCO) has officially opened its first seaport, Wugan port, in Zhoushan in China's Zhejiang Province, as reported by local media. WISCO contributed 51 percent of ...
Tags: Mineral, steelmaker