Overcapacity and low prices are eating into steel companies' profits, an industry specialist said. Zhang Changfu, secretary-general of the China Iron and Steel Association, said on Sunday that the profits of China's steel companies in the ...
Tags: Steel Companies, Mineral
China Steel Precision Materials, the subsidiary company of Taiwan's China Steel Corp., expected they can win for the positive sales profit (before tax) by about RMB 1 million in whole 2013; CSPM was listed RMB 20 million loss in 2012. ...
Tags: steel, metallurgy
It’s reported that Evraz has added a new re-rolling mill, Evraz Caspian Stal in north Kazakhstan's Kostanay region. The mill's capacity is set to be 450,000 tons of bars. Evraz holds 65% shares while the balance 35% is owned by ...
Tags: rebar, metallurgy
Irvan K.Hakim, the president director of state-owned steel producer PT Krakatau Steel, said yesterday that the newly inaugurated integrated steel plant Krakatau-Posco will launch production in the beginning of 2014. Krakatau-Posco, a ...
Tags: steel, metallurgy
According to data released by Taiwan’s ministry of economic affairs, the country’s rebar output totaled 5.14 million tons in the January-November period, down by 1.3% in comparison of the figures in the same period of 2012. ...
Tags: steel, metallurgy, rebar
Because Taiwan's government may allow China's steel plates can free import to Taiwan without conditional, it pushed Taiwan's China Steel Corp. (CSC) has to think about new market strategy to secure its customers. CSBC Corp., one of the ...
Tags: steel, metallurgy
According to data released by the Japan Iron & Steel Federation (JISF), the country’s shipments of cold rolled (CR) sheets and strips totaled 5.45 million tons in the January-October period, down by 1.12% year on year. Among them, ...
Tags: steel, metallurgy
According to statistics released by the Argentine Iron &Steel Institute, the country’s output of steel products totaled 469,000 tons in November, soaring by 18.7% in comparison of 395,400 tons in the same month of 2012. In the ...
Tags: steel, metallurgy
The UK Food Standards Agency (FSA) has issued an alert on turkey butterflies from Severnside Provisions in Newport, South Wales, as they have been processed in an unapproved establishment. On 21 December, the agency alerted local ...
Tags: Food Standards, turkey butterflies
According to the data released by the Japan Ship Exporters' Association (JSEA), Japanese new ship export orders in November this year increased by 24.14 percent on tonnage basis compared to the previous month, amounting to 36 ships compared ...
Tags: shipbuilder
In November this year, Japan's iron and steel products exports amounted to 3.36 million metric tons, increasing by 2.56 percent year on year and up by 6.40 percent compared to October this year. Meanwhile, Japan's steel imports totaled ...
Tags: iron, steel, metallurgy
According to the American Iron and Steel Institute, in the week ending December 21, 2013, US domestic raw steel production was 1,733,000 net tons while the capability utilization rate was 72.3 percent. Production was 1,785,000 net tons in ...
Tags: iron, steel, metallurgy
Wichita Falls fire crews have responded to PPG several times this week to help deal with a major molten glass leak in which a contract worker was severely burned. Firefighters were first called out Tuesday morning. Officials say PPG is ...
Tags: glass, decoration
The Korean steel giant POSCO announced that it began operation of its first blast furnace in Indonesia in order to fulfill the surging steel demand in the Southeast Asian country. The blast furnace is a joint venture project with Krakatau ...
Tags: steel, metallurgy
China's rejection of US corn that contains an unapproved genetically modified strain is unlikely to cause major price fluctuations in the domestic or US markets, analysts said. Quarantine authorities in four provinces have rejected 12 ...
Tags: US corn, genetically modified strain, price fluctuations