Global steel giant ArcelorMittal has announced that it is investing around $15 million in the production of advanced high strength steel at its Vega do Sul flat steel rolling mill in the state of Santa Catarina in southern Brazil. The ...
Tags: steel, coating, automotive
At the AJM Global Iron Ore and Steel Forecast conference held in Perth on March 11, Australian miner BHP Billiton outlined how its focus on productivity and capital efficient debottlenecking in its iron ore business is delivering value. ...
Tags: BHP Billiton, Iron Ore
According to the American Iron and Steel Institute, in the week ending March 8, 2014, US domestic raw steel production was 1,840,000 net tons while the capability utilization rate was 76.5 percent. Production was 1,827,000 net tons in the ...
Tags: Raw Steel Production, Mineral
On March 11, the China Iron and Steel Association (CISA) announced that in late February (Feb. 21-28) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.8041 million mt, ...
Tags: Daily Crude Steel, Mineral
In 2013, European stainless crude steel production decreased by four percent to 7.45 million metric tons, with German production decreased by 17 percent, Sweden's production fell two percent and Slovenia's production up 11 percent, all ...
Tags: Stainless Crude Steel, Mineral
China's iron ore import prices are likely to come under pressure in March, as the expected increase in domestic steel output is unlikely to offset the impact of persistent iron ore oversupply in China, the China Iron & Steel Association ...
Tags: Iron Ore, Steel Demand
According to the American Iron and Steel Institute, in the week ending March 1, 2014, US domestic raw steel production was 1,861,000 net tons while the capability utilization rate was 77.4 percent. Production was 1,875,000 net tons in the ...
On March 5, Chinese Premier Li Keqiang delivered his government work report during the opening meeting of the second session of the 12th National People's Congress (NPC) in Beijing, stating that in 2014 China's GDP is expected to grow by ...
Tags: Steel Capacity, Mineral
The Indian government has been caught between the conflicting demands of iron ore miners and steel producers regarding the recently imposed five percent export duty on iron ore pellets, a government official said on Wednesday, March 5. As ...
Tags: Iron Ore, Export Duty
US raw steel production picked up 1.6% week on week as steelmaking in the Great Lakes bounced up 4.4%, American Iron and Steel Institute data released Tuesday showed. In the week ended March 1, US mills produced 1.861 million st of raw ...
In January this year, Japan's industrial production increased by four percent from December and rose by 10.6 percent from January 2013, according to the preliminary indices of the Industrial Production report published by Japan's Ministry ...
Tags: Iron and Steel, Mineral
Hunan Province-based Chinese steelmaker Hunan Valin Iron & Steel Co. (Hunan Valin Steel) has announced that in 2013 its net profit amounted to RMB 106 million ($17.26 million), compared to a net loss of RMB 3.254 billion in 2012. Valin ...
Tags: Valin Steel, Mineral
According to the preliminary report released by the South East Asia Iron and Steel Institute (SEAISI), in 2013 apparent steel consumption in ASEAN countries increased by 8-10 percent year on year. Meanwhile, in the given year the region's ...
Tags: Steel Consumption, Mineral
On February 27, the China Iron and Steel Association (CISA) announced that in mid-February (Feb. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.6888 million mt, ...
Tags: Daily Crude Steel, Mineral
The government of China's Xinjiang autonomous region has stated that it is committed to eliminating 2.4 million mt of backward steel capacity within two years and will not approve new projects in the steel industry, according to its program ...
Tags: resolving severe overcapacity, Xinjiang, Metallurgy, Mineral&Energy