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Industry Views
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Warren Has Successfully Renovated Its Existing Rail Siding
Feb 15, 2013Warren, Ohio-based Warren Steel Holdings, a producer and supplier of high-quality carbon and alloy steel continuously cast products, has successfully renovated its existing rail siding and introduced several key new pieces of analytical ...
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CEMTAS Announces Its Financial Results for 2012, Reporting a Net Profit of Try 8.5 Million
Feb 15, 2013Bursa-based Turkish steelmaker Cemtas Celik Makina Sanayi ve Ticaret A.S (Cemtas) has announced its financial results for 2012, reporting a net profit of TRY 8.5 million ($4.8 million), down 64.2 percent year on year. In 2012, total sales ...
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Russia Registered 2.8 Percent Decrease in Rolled Steel Product Output to 4.4 Million Mt
Feb 15, 2013According to the State Statistics Committee of Russia (Russtat), in January of the current year Russia registered a 2.8 percent decrease in its rolled steel product output to 4.4 million mt, a 5.8 percent decrease in its crude steel output ...
Tags: Russia, Production Results, Mineral
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Russel Metals Reported That Q4 2012 Earnings Totaled $20 Million or $0.34 Per Share
Feb 15, 2013North American metals distribution company Russel Metals reported that Q4 2012 earnings totaled $20 million or $0.34 per share on revenues of $766 million, compared to 2011 Q4 earnings per share of $0.47 on revenues of $712 million. ...
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SMA Supports Plant Operators Even Better in Monitoring Decentralized Large-Scale PV Power
Feb 15, 2013SMA Solar Technology AG (SMA) now supports plant operators even better in monitoring and control of decentralized large-scale PV power plants: Along with the highly efficient SMA string inverters, the new SMA Cluster Controller, which is ...
Tags: SMA, New Product News, solar industry
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New Green Milk Bottle Is Created by Nampak Plastics
Feb 15, 2013Nampak Plastics has created the new four-pint high density polyethylene (HDPE) milk bottle Infini, which weighs in at just 32g. According to the UK-based plastic milk bottles producer, the bottle is currently undergoing trials with a ...
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Developing New Pet Container for Beverages
Feb 15, 2013Plastic packaging producer Amcor Rigid Plastics has developed the new 64oz hot fill polyethylene terephthalate (PET) bottle for juices and teas. The new lightest stock container uses novel design, tooling and process technologies to cut ...
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South Korea's Total Car Output Increased by 23.3 Percent Year on Year
Feb 14, 2013In January this year, South Korea's total car output increased by 23.3 percent year on year and was up 2.2 percent compared to December 2012, totaling 410,612 units, according to a report released by the Korean Ministry of Knowledge Economy ...
Tags: South Korea, Car Output, Mineral
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Essar Steel Algoma Reported Wednesday Net Loss of $25.1 Million for The Three Month Period
Feb 14, 2013Sault Ste. Marie, Ontario-based flat rolled steelmaker Essar Steel Algoma Inc. reported Wednesday a net loss of $25.1 million for the three month period ending December 31, 2012 (fiscal Q3). The results for Q3 reflect the impact of lower ...
Tags: Essar Steel, Mineral, Metallurgy
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Indicating That The Country's Steel Exports Increased by 1.5 Percent in Terms of Tonnage
Feb 14, 2013During the panel discussion at the SteelOrbis Market Talks Meeting held in Gaziantep in southeastern Turkey on February 13, Namik Kemal, chairman of the Turkish Steel Exporters' Association (CIB),discussed Turkey's steel export figures for ...
Tags: panel discussion, Revenue, Mineral
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In The First 11 Months of 2012 European Stainless Crude Steel Production
Feb 14, 2013According to the latest ‘Stainless Steel Briefing February 2013' report issued by Germany-based service centre Damstahl, in the first 11 months of 2012 European stainless crude steel production amounted to 7 million mt, falling one ...
Tags: Stainless Steel Output, Europe, Mineral
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In Q4 GDP Decreased by 0.6 Percent in The Euro Area and by 0.5 Percent in The EU-27
Feb 14, 2013According to the flash estimates released by Eurostat, the statistical office of the European Union, during the fourth quarter of 2012 gross domestic product (GDP) decreased by 0.6 percent in the euro area and by 0.5 percent in the EU-27, ...
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Cliffs Recorded a Net Loss Attributable to Cliffs' Common Shareholders of $899 Million
Feb 14, 2013Cleveland, Ohio-based Cliffs Natural Resources Inc. reported Tuesday that for the full year 2012, Cliffs recorded a net loss attributable to Cliffs' common shareholders of $899 million, or $6.32 per diluted share, compared with net income ...
Tags: Mineral, Cliffs Natural Resources, Report
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Bulent Saygili Said That Toscelik's Flat Steel Project Roduces to Meet The Own Needs
Feb 14, 2013During the panel discussion at the SteelOrbis Market Talks Meeting held in Gaziantep in southeastern Turkey on February 13, Turkish steelmaker Toscelik's foreign trade and corporate sales director Bulent Saygili said that Toscelik's flat ...
Tags: Flat Steel, Price Trend, Long Product Trend
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Rio Tinto Has Announced Its Financial Results for The Full Year of 2012
Feb 14, 2013Australian iron ore giant Rio Tinto has announced its financial results for the full year of 2012, registering a net loss due to lower average prices for the year. Rio Tinto posted a net loss of US$3 billion in the given year, compared to ...
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