In the second quarter of the current year, Sinarsky Pipe Works, a subsidiary of Russia's largest pipe producer TMK, recorded a net loss of RUB 36 million ($0.996 million), against a net profit of RUB 2.4 million ($0.066 million) in the ...
Tags: Sinarsky Pipe Works, Loss, Energy
Members of the US steel threaded rod industry are appealing the final determinations of the US International Trade Commission (ITC) that imports of threaded rod from India and Thailand are not causing injury to the US industry. The ...
On August 20, Guangdong Province-based Chinese steel rolling and processing company SGIS Songshan Co., an affiliate of Guangdong-based Shaoguan Iron and Steel Co. (Shaogang), announced in its financial report for the first half of the ...
Tags: SGIS Songshan, Loss, Energy
In July this year, Turkey's crude steel output increased by one percent year on year but was down by 4.7 percent compared to June to 2.82 million metric tons, according to the Turkish Iron and Steel Producers' Association (TCUD). In the ...
Tags: Crude Steel, Mineral
On August 20, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. Ltd (Masteel) announced its results for the first half of the current year. Accordingly, Masteel's operating revenues for the period in question amounted to ...
Malaysia has initiated a safeguard investigation against hot rolled plate imports after the complaint filed by the domestic producer Ji Kang Dimensi Sdn Bhd, according to the country's official gazette on Monday, August 18. According to ...
According to the statistics released by the Turkish Statistical Institute (TUIK), in June this year new motor vehicle registrations in Turkey increased by 32.1 percent year on year to 74,593 units, down 10.1 percent on month-on-month basis. ...
India-based steelmaker JSW Steel has announced that it has entered into a definitive agreement with Welspun Maxsteel Limited (WMSL) in a deal worth around INR 10 billion ($165 million).According to the agreement, JSW Steel would acquire the ...
Australian iron ore miner Fortescue Metals Group has announced its financial results for the financial year 2013-14 ended on June 30. During the given period, Fortescue's net profit amounted to US$2.73 billion, rising 56 percent compared ...
Tags: Fortescue Metals Group, Results, Energy
According to first estimates released by Eurostat, the Statistical Office of the European Communities, in June this year the seasonally-adjusted production of the construction sector in the European Union member states (EU-28) decreased by ...
Tags: Statistical Office, Decrease, Energy
Australian mining company BHP Billiton has announced its financial results for the year ended June 30 this year. According to the company's financial statement, BHP Billiton has posted a net profit of US$13.83 billion for the financial ...
Tags: BHP Billiton, Financial Results, Energy
Global crude steel production in June this year increased by 1.7 percent year on year to 136.82 million metric tons, while a 0.2 percent decline was observed on month-on-month basis, according to the World Steel Association (worldsteel). In ...
According to the American Iron and Steel Institute, in the week ending August 16, 2014, US domestic raw steel production was 1,919,000 net tons while the capability utilization rate was 79.8 percent. Production was 1,858,000 net tons in the ...
Ternium Mexico signed an agreement Friday with the National Institute of Entrepreneurship (Inadem) to link together to micro, small and medium-sized Mexican companies in the value chain through the support of 40 million pesos (US$3.07 ...
Tags: Ternium Mexico, Agreement, Energy
As of August 18, inventory of iron ore at 33 major Chinese ports amounted to 108.8 million mt, down 0.47 million mt or 0.43 percent compared to the inventory level recorded on August 11, as announced by China's Xinhua News Agency on August ...
Tags: Chinese Ports, Down, Mineral