The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the first half ended September 30 of the financial year 2013-14, posting a net profit of JPY 115.6 billion ...
Tags: steel, Metallurgy, Mineral
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. (Baosteel) has announced that in the January-September period of the current year its operating revenue amounted to RMB 142.264 billion ($23.322 billion), down 2.42 percent year ...
Reportedly, Chung Hung Steel, one of the major carbon steelmakers in Taiwan announced to remain its domestic prices for hot rolled coils (HRC) and cold rolled coils (CRC) unchanged for November due to stable market condition. After the ...
Tags: Construction, steel, Coil
Stockpiles of iron ore at 25 major ports in China continued to grow last week, marking the third consecutive week of growth, according to a Tuesday report by Xinhua News Agency. Inventories of imported iron ore stood at 76.53 million ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
voestalpine AG plans to build 15 new plants with an investment of EUR 450 million in China by 2020, which include a special profile plant in neighbouring Shanghai, an automotive steel plant in Qinhuangdao and the second rail steel plant ...
Tags: steel, Construction
Reportedly, SSAB Americas announced to raise its heavy plate prices further by US$20/short ton, supported by strong demand. It's learned that SSAB Americas' received orders increased after the company announced to hike its heavy plate ...
Tags: Construction, Decoration, Heavy Plate
The China Iron and Steel Association (CISA) has announced that in mid-October (Oct. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7117 million mt, down 2.97 ...
Tags: Metallurgy, Mineral, Energy, steel
It's reported that the Taiwanese stainless steel mills including Yieh United Steel Corp. (Yusco) and Tang Eng have planned to raise its list prices by around NT$1,000/ton for November, driven by higher nickel prices. However, market ...
Tags: Stainless, taiwan, Construction
Russkaya Stal (Russian Steel), a non-pro?t association of Russian domestic steelmakers, has reported that its main member enterprises produced 4.36 million metric tons of finished steel in September this year, down four percent from August ...
Tags: Metallurgy, Mineral, Energy, steel
In a move to overhaul an inefficient industrial sector, Libya is considering the sale of Misrata-based steel plant Libyan Iron and Steel Co (LISCO), along with eight other state-owned companies from various sectors, Libyan Industry Minister ...
Tags: Metallurgy, Mineral, Energy
According to report, Russian major steelmakers, members of the umbrella organization Russian Steel, said in the statement that they have kept cutting output and sales on “continuing world financial crisis. Steelmaker members include ...
Tags: Steelmakers
Spot prices for high carbon ferrochrome and charge chrome imported into China remained steady this week with trade activities remaining muted as buyers stayed on the sidelines ahead of the settlement of November bid prices by Chinese major ...
It's reported that the Northern European steelmakers have sought to raise hot rolled coil (HRC) prices to €460~€470/ton for the first quarter of 2014. In fact, the production lines of the German steelmakers and some manufacturers ...
Tags: steel, HRC, Construction
Currently, the Korean steelmakers Posoc and Hyundai Steel have both cut its export prices of hot rolled coils (HRC) to US$560/ton FOB from US$570~US$580/ton FOB in September, affected by decreased HRC export prices offered by Chinese ...
Tags: Construction, steel
The China Iron and Steel Association (CISA) has announced that in early-October(Oct. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.7641 million mt, down 1.34 ...
Tags: Metallurgy, Mineral, Energy, Crude Steel