Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has stated that in October this year it plans to ship around 427,000 mt of hot rolled steel products, down two percent compared to September, including 261,000 mt of material to ...
Tags: Hot Rolled Product, steel
China's Ministry of Commerce (MOC) has announced that during the week ending September 29 the average finished steel price in China declined by 0.3 percent week on week. In particular, in the given week average prices of 12 mm rebar, 80 ...
Tags: Finished Steel, Mineral
A successful hot run test has lately been carried out on the round billet continuous casting machine No. 1 of Anhui Province-based Chinese steel pipe producer Wuhu Xinxing Pipes Co., a wholly-owned subsidiary of Chinese pipe maker Xinxing ...
Tags: Pipes, Casting Machine
On October 9, major Chinese steelmaker Hebei Iron and Steel Group announced that its Hebei-based subsidiary Wuyang Iron and Steel Co. (Wuyang Steel) recently delivered 1,215 mt of 80 mm thick Q354GJB-Z25 steel plate to Shanghai for use in ...
On October 9, Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that it plans to issue short-term bonds worth RMB 2.5 billion ($408 million) on October 15. The bonds, which are the first short-term ...
Tags: Baogang, Short-Term Bonds
Indian steelmaker Tata Steel has announced its sales results for the second quarter and the first half ended September 30 of the financial year 2013-14. The total domestic sales of Tata Steel in the second quarter increased by 18 percent to ...
Tags: Crude Steel, steelmaker
Shanxi Province-based Chinese steelmaker Taiyuan Iron and Steel Co. (TISCO) has announced that in the January-August period this year its overall investments in major projects in Shanxi amounted to RMB 7.822 billion ($1.28 billion), ...
Tags: steelmaker, Iron and Steel
Chinese steel producer Chongqing Iron and Steel (Group) Co. has announced that in September this year its subsidiary Chongqing Iron and Steel Co. (Chongqing Steel) produced 429,700 mt of finished steel, up 42 percent year on year. In the ...
Tags: Finished Steel
As of October 7, inventory of iron ore at 25 major Chinese ports amounted to 73.27 million mt, indicating an decrease of just 58,000 mt or 0.08 percent week on week, as announced by China's Xinhua News Agency. As of the given date, the ...
Tags: Iron Ore, Chinese Ports
Power generators are cheapest yet bet the best source of power. Be it home, office, or industry generators are largely used to ensure the incessant supply of electricity. They play crucial role in keeping the supply of power on when there ...
The top executive of one of the world's biggest mining drilling companies said he believes the industry has bottomed out, but that he doesn't expect a return to peak cycle levels soon. Moreover, there has been "a fundamental shift in what ...
Tags: mining drilling, Metallurgy
Cummins has announced the ISV5.0, a new 5-liter V8 diesel engine designed to power pickup-and-delivery vehicles, stepvans, other light- and medium-duty trucks, school buses, and motorhomes. Development of the engine, which won't reach ...
On September 26th, Fortune magazine released the results of assessment for 2013 Most Esteemed Chinese Companies. Ranked 15th , Baosteel is the only listed enterprise in iron and steel industry. Beginning in 2006, Fortune magazine focused ...
Tags: Baosteel, Fortune Magazine
Pakistan's iron and steel scrap imports amounted to 180,125 mt in August this year, increasing 15 percent compared to July and up seven percent year on year, according to data released by the Pakistan Federal Bureau of Statistics (PFBS). ...
Tags: Scrap Imports, Mineral
The collapse of an iron ore pellet storage dome (not an explosion, as local news initially reported) at Nucor's St. James Parish, Louisiana DRI plant on Wednesday will delay the start-up of the $750 million facility until the end of the ...