Finland-based stainless steel producer Outokumpu has announced its financial results for the third quarter of 2013, stating that it expects no major improvement in the market demand for the rest of the year and that overall visibility ...
Tags: stainless steel, Mineral
Finland-based stainless steel producer Outokumpu has announced that it will introduce the daily alloy surcharge pricing model for distributors in Europe, instead of the current monthly pricing model. The daily alloy surcharge will cover new ...
Tags: stainless steel, Daily Alloy
The Spanish stainless steel producer Acerinox S.A. reported a net loss of €8.8 million in the third quarter, narrowing down from the net loss of €31.5 million in the same quarter of 2012, while its net sales came to €967 ...
Tags: stainless steel, Acerinox
Brazil-based steel producer Gerdau SA has reported its financial results for the third quarter and the first nine months of the current year. In the third quarter, the net profit of the company was R$642 million ($292 million), up 57.4 ...
Tags: steel, Metallurgy, Mineral
Guangxi Province-based Chinese steelmaker Liuzhou Iron and Steel Co. announced that in the first three quarters of the current year its operating revenue amounted to RMB 27.6 billion ($4.51 billion), up 2.83 percent, while it recorded a net ...
Tags: steel, Metallurgy, Mineral
Due to the prolonged downturn in demand, the Europe's second-largest steel producer Tata Steel might cut around 500 jobs to restructure the part of its British business that supplies the construction and engineering industries. This mainly ...
Tags: steel, Construction
German steelmaker ThyssenKrupp Steel Europe has announced that blast furnace No. 9 at its Duisburg-Hamborn facility has been put back into operation again. The blast furnace was taken out of service in the spring of 2012 for relining and ...
Tags: steel, Metallurgy, Mineral
Henan Province-based Chinese steel producer Anyang Iron and Steel Group Co. has announced that in the first three quarters of the current year its operating revenue amounted to RMB 19.38 billion ($3.246 billion), up 21.91 percent year on ...
Tags: Metallurgy, Mineral, Steel
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced its financial results for the first three quarters of the current year. Accordingly, in the given period Ansteel achieved a net profit of RMB ...
Tags: steel, Metallurgy, Mineral
It's reported that Taigang Stainless, the largest stainless steel producer in China announced to leave its list prices for all stainless steel products unchanged for November. After the announcement, its list prices for 304 grades cold ...
Tags: Stainless, steel, Construction
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has announced that in the January-September period this year its operating revenue amounted to RMB 14.011 billion ...
Tags: steelmaker, Iron and Steel
Beijing-based Chinese steel producer Shougang Group has announced that in the first three quarters of the current year its operating revenue amounted to RMB 7.001 billion ($1.14 billion), down 11.05 percent year on year. Meanwhile, the ...
Tags: Shougang Group, steel
The country's largest flat-rolled alloy steel producer, Wuhan Iron and Steel (Group) Corp, said Sunday that it will respond in a proactive manner to an anti-dumping investigation launched Friday by the US Commerce Department. Xinhua News ...
Tags: Steel Firm, US Probe
"2013 has been a good year although not as good as expected, because of the difficulties in the European steel markets and the extra cost in some projects in North Africa and the Middle East" stated Gianpietro Benedetti, chairman and CEO of ...
Tags: Metallurgy, Mineral, Energy
On October 22, Sichuan Province-based Chinese state-owned steel producer Panzhihua Iron and Steel (Pangang Group) announced that in the current year up to October 15 its vanadium steel plant subsidiary, Pangang Vanadium Steel Co., produced ...
Tags: Metallurgy, Mineral, steel