Ukrainian mining and steel producing group Metinvest has announced that it is currently impossible to deliver square billet made by its subsidiary Yenakiieve Steel since the plant has been shut down due to damage caused to the electricity ...
Tags: Metinvest, Yenakiieve Steel
Chinese companies are increasing their interest in buying mining companies in Mexico, not just exploring sites, said Humberto Gutierrez-Olvera, president of the Mining Chamber of Mexico (Camimex) this week. Gutierrez-Olvera said Camimex ...
Tags: Mining, Mineral, Metallurgy
The Platts China spot alumina price ex-works Henan basis firmed another Yuan 20/mt ($3.24) Thursday to settle at Yuan 2,510/mt for 70:30 cash and credit payment terms, after rising Yuan 20/mt Wednesday from Yuan 2,470/mt Tuesday. Prices ...
Tags: Spot Alumina, Alumina, Metallurgy
Jiangsu Province-based Chinese steelmaker Shagang Co. has stated that in the first half of the current year it achieved an operating revenue of RMB 5.302 billion ($0.86 billion), up 2.75 percent year on year, while it recorded a net profit ...
Taiwan's industrial production index in July this year increased by 6.08 percent as compared to July 2013 and was up 4.03 percent month on month, according to the country's Ministry of Economic Affairs (MOEA). Meanwhile, Taiwan's seasonally ...
Tags: Taiwan, Production Index, Energy
In July this year, Thailand's total motor vehicle output (excluding motorcycles) amounted to 151,339 units, down 24.89 percent year on year, according to a report released by the Thailand Automotive Institute. On the other hand, Thailand's ...
Tags: Thailand, Vehicle, Metallurgy
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has stated that for the second half of the current year it foresees growth in the pipe market in Russia mainly due to higher consumption of large diameter (LD) ...
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Tuesday that the US imported a total of 3,833,000 net tons (NT) of steel in July, including 3,058,000 net tons (NT) of finished steel (up 6.1 ...
Tags: US Steel, Import Market, Metallurgy
In the January-July period of the current year, Georgia's total external trade turnover with Turkey, which is the top trading partner of the country, , including exports of $144.15 million, up 43.81 percent, and imports of $968.40 million, ...
Tags: Georgia, Exports, Metallurgy
As of August 25, inventory of iron ore at 33 major Chinese ports amounted to 109.34 million mt, up 0.54 million mt or 0.5 percent week on week, as announced by China's Xinhua News Agency on August 26. As of the same date, the Xinhua-China ...
Tags: Iron Ore Inventory, Chinese Ports, Energy
Aceros Carazo, a Costa Rica-based company dedicated to the import and marketing of steel industry equipment, announced this week that it has acquired Reimers Industrial, a 107-year-old distrubutor. With the acquisition of Reimers, Aceros ...
Tags: Aceros Carazo, Distributor, Energy
Brazil’s Votorantim posted BRL 6.8 billion ($2.9 billion) in net revenue in the second quarter of 2014, the company said on Monday. Votorantim reverted a BRL 307 million ($134.66 million) loss registered a year ago to BRL 514 ...
Tags: Votorantim, Revenue, Metallurgy
In August this year, the capacity utilization rate in the Turkish basic metal manufacturing industry was 76 percent, up from 74.6 percent recorded in July, while the capacity utilization rate in the Turkish basic metal manufacturing ...
Tags: Capacity Utilization Rate, Rise, Metallurgy
In its financial results according to international financial reporting standards (IFRS) for the second quarter of the current year, the net income of Russian pipemaker TMK totaled $60 million compared to a net loss of $16 million in the ...
Tags: TMK, Revenues, Metallurgy
NLMK Kaluga, a subsidiary of Russian steelmaker NLMK Group and producer of long steel products for construction, has stated that it has produced its one millionth metric ton of steel. NLMK Kaluga is a next-generation EAF mill, part of ...
Tags: NLMK Kaluga, Steel, Metallurgy