It is learned that ArcelorMittal will resume its project to expand its long steel production in Brazil; the investment will cost around US$352 million. According to the company’s president in America, Jefferson De Paula, this ...
Tags: Steel, Brazil, ArcelorMittal
It’s reported that the Brazilian steelmakers may fail to raise prices for steel flat products due to weak steel prices in international market and low-priced imports into the Brazilian market. In the first quarter of ...
Tags: Steelmakers, Prices, Brazilian
It is reported that China's Sinohydro Corporation, the world’s largest hydropower construction company is going to get the supply of more than 120,000 tons of reinforcing steel rebar from Newcastle plant of ArcelorMittal South Africa ...
Tags: hydropower construction, Energy
Global steel giant ArcelorMittal has announced that its South African unit ArcelorMittal South Africa is supplying China's Sinohydro Corporation with reinforcing steel from its Newcastle plant for a number of hydroelectric projects across ...
Tags: rebar, longs, Zambia, Africa, ArcelorMittal, steelmaking, Istanbul
Ukraine's interagency commission for distribution of quotas for coking coal imports in 2013 has officially posted the recommended distribution of the quotas for the June-August period of the current year, which was determined at a meeting ...
Tags: Coking Coal, Ukraine
It’s reported that Russian NLMK’s hot-testing products of the new 1.5 million tons per year electric arc furnace will come out this week. The mill is expected to complete tests on the EAF soon and the associated the ...
Tags: hot-testing products, Mineral
Severstal North America announced Monday that effective June 1, Ronald Kostyo is appointed Vice President and General Manager, Severstal Dearborn; effective June 10, Madhu Ranade is appointed Vice President and General Manager, Severstal ...
Global steel giant ArcelorMittal has announced that its Ukrainian subsidiary ArcelorMittal Kryvyi Rih has finished the overhaul of its blast furnace No. 7 in just 26 days. During this period, the blast furnace in question was idle for four ...
Tags: ArcelorMittal, steel, blast furnace
ArcelorMittal Temirtau, the largest metallurgical enterprise in Kazakhstan, has stated that in May it plans to ship around 100,000-105,000 mt of hot rolled flat steel, up 15-16 percent compared to April. Meanwhile, in the January-April ...
Tags: Metallurgy, Flat Steel, Steel Shipments
In the January-April period of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 2.088 million mt, up two percent year on year, as announced by the ...
Tags: crude steel, Mineral
The world’s top steelmaker ArcelorMittal said today that its first-quarter EBITDA was US$1.565 billion, which is 26% lower than the same period of 2012, but it sees positive core profit trends for the coming months. The company ...
Tags: ArcelorMittal, steelmaker, steel
Reportedly, ArcelorMittla Flat Carbon Americas (FCA) posts US$4.9 billion for the first quarter sales, rising by 3.8% from US$4.7 billion in a quarter ago, driven by higher selling prices in South America and Mexico. In the first quarter of ...
Tags: ArcelorMittal, Flat Carbon
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the first quarter of the current year, reporting a net loss of ZAR 275 million ($30.2 million) compared to a net profit of ZAR 279 million ...
Tags: Arcelormittal, Vanderbijlpark Fire
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