Finland-based steelmaker Ruukki has issued its financial results for the first quarter of the current year, stating that it expects demand for steel to pick up slightly in 2014. Nevertheless, demand growth will continue to be limited by ...
Tags: Steel Demand, Ruukki
German plantmaker SMS Siemag has announced that the Chinese steelmaker Angang Steel Company (Angang) has ordered a continuous hot dip galvanizing line. The line will be installed in a new plant near the city of Guangzhou in the province of ...
Tags: Angang Steel, Galvanizing Line
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Co. (Ansteel) has announced that on April 24 it will issue ultra-short-term bonds worth a total of RMB 3 billion ($489.4 million) for a term of 180 days. China Construction ...
Tags: Ansteel, Iron, steelmaker
On April 23, Liaoning Province-based Chinese steelmaker Benxi Iron and Steel (Group) Co. (Benxi Steel or Bengang) announced that in 2013 it registered an operating revenue of RMB 40.329 billion ($6.58 billion), down 0.62 percent year on ...
Tags: Benxi Steel, steelmaker, Iron and Steel
Japanese steelmaker Kobe Steel has announced that the company provided an exclusive license to FLSmidth Private Limited, enabling the Indian partner to market, design and construct iron ore pellet plants using Kobe Steel's pelletizing ...
Tags: Kobe Steel, Iron Ore
On April 22, Guangxi Province-based Chinese steelmaker Liuzhou Iron and Steel Co. (Liuzhou Steel) announced that in 2013, its operating revenue amounted to RMB 36.849 billion ($6.011 billion), down 1.15 percent, while it recorded a net ...
Tags: Liuzhou Steel, Iron, Steel
Russian steelmaker Novolipetsk Steel (NLMK) has announced its production and sales data for the first quarter of the current year. According to the company statement, NLMK's crude steel output in the first quarter decreased to 3.91 million ...
Tags: Crude Steel, steelmaker
According to Turkish Steel Exporters' Association (CIB), the US Department of Commerce (US DOC) has announced the preliminary results of the countervailing duty investigation against Turkish OCTG imports. The US DOC has imposed a ...
Tags: OCTG Imports, Steel
Japanese steelmaker Kobe Steel has announced that it has commissioned the new hot treatment plant at its Kakogawa works, aiming to improve the production system to increase sales of high-end steel products and improve cost competitiveness. ...
Tags: Kobe Steel, steelmaker
Italian steel producer Lucchini is expected to shut down its blast furnace in Piombino on Wednesday, April 23, after trying to postpone the inevitable end by halting production on Friday, April 18 and using limited raw materials, according ...
Tags: steel producer, Blast Furnace
Indian steelmaker JSW Steel has announced that it has acquired a further equity stake in Punjab-based Vallabh Tinplate Pvt Ltd (VTPL), raising its stake to 50 percent. As SteelOrbis previously reported, in early April JSW Steel completed ...
Tags: Metallurgy, Mineral, Energy, Tinplate
Turkey-based plantmaker CVS Technologies has announced that it has signed a contract with the South African steelmaker Cape Town Iron and Steel Company (CISCO) to upgrade its existing meltshop and rolling mill located in Cape Town. CVS ...
Tags: Steelmaking Mill, CVS Technologies
Russian steelmaker NLMK Group has announced? that it has started hot testing the second pulverized coal injection (PCI) unit in its blast furnace operations at the main production site in Lipetsk (Novolipetsk). The company has started ...
Tags: Metallurgy, Mineral, Steel
Henan Province-based Chinese steelmaker Zhongyuan Special Steel Co. has issued its preliminary financial results for the first quarter of the current year, indicating a net loss of RMB 10.6677 million ($1.74 million), with a loss per share ...
Tags: Special Steel, steelmaker
The seaborne iron ore market reversed losses Thursday, as an influx of buying activity suddenly emerged in the spot market. Platts assessed the 62% Fe Iron Ore Index at $116.25/dry mt CFR North China Thursday, up $1.50/dmt from Wednesday. ...
Tags: Iron Ore, Interest Resurfaces, spot market