Indian steel producer Essar has announced that its Projects Minerals & Metals Asset has won a second contract from Indian state-owned steelmaker Steel Authority of India (SAIL) for a project at the SAIL Bhilai steel plant in Chhattisgarh. ...
Tags: steel, Metallurgy, Mineral
In 2013, the net loss of Russian steelmaker Ashinskiy Metallurgical Works (Ashinskiy) increased by 10.5 times compared to 2012, rising to RUB 755.5 million ($21.4 million), according to Russian media sources. The reasons for the surge in ...
Tags: Steel, Metallurgy, Mineral
Jiangxi Province-based Chinese steelmaker Fangda Special Steel has issued its financial results for 2013, announcing an operating revenue of RMB 13.215 billion ($2.17 billion), down 1.05 percent year on year, while it saw a net profit of ...
Tags: steel, Special Steel, jiangxi
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in March this year it produced 704,000 mt of pig iron, down 24.02 percent, 749,800 mt of crude steel, down 19.14 percent, and 680,000 mt of ...
Tags: Crude Steel, Steel, finished steel, Metallurgy, Mineral
Finland-based steelmaker Ruukki has announced that it has added a new grade to its Optim portfolio of high-strength structural steels. The new Optim 700 QL1 is a structural steel with improved impact strength properties. According to ...
Tags: Structural Steel, Ruukki, steelmaker
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that in 2013 its Gansu-based subsidiary Hongxing Steel recorded a net loss of RMB 2.338 billion ($383.28 million), as compared with a net profit of ...
Tags: Steel, Iron, Hongxing Steel
Finland-based stainless steelmaker Outokumpu has announced that the negotiations regarding its industrial plan have been successfully concluded with employee representatives and unions in Germany. The industrial plan was originally ...
Tags: Steel, stainless, Metallurgy, Mineral
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Group (WISCO) has signed a cooperation agreement with Zhangye municipal government in China's Gansu Province for the construction of a project which will have an annual output ...
Tags: Steel, Metallurgy, Mineral
Norway-focused iron ore miner Northern Iron said Tuesday concentrate produced at Sydvaranger was being trialed at further sinter plants in Europe, after inaugural cargoes were bought by ArcelorMital and ThyssenKrupp in 2013. Northern Iron ...
ArcelorMittal Brasil, Brazilian subsidiary of global steelmaker ArcelorMittal, has announced its financial results for 2013, indicating that the surplus of global steel production capacity is over 570 million mt, which still presents risks ...
Tags: Steel, Metallurgy, Mineral
Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Co. (Ansteel) announced its annual financial results for 2013, stating that it recorded an operating revenue of RMB 75.329 billion ($12.35 billion) for the year, compared to ...
Tags: Metallurgy, Mineral, Steel
Shanghai Province-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for 2013, stating that in the given year it achieved an operating revenue of RMB 189.688 billion ($31.1 billion), down 0.76 ...
Tags: Steel, Baosteel, Metallurgy, Mineral
Molybdenum oxide prices continued their rally on Friday, reaching a nine-month high, although some participants believe the market may be poised for a period of consolidation in the first half of April. The Platts daily dealer molybdenum ...
Tags: Moly Oxide, oxide powder, steel mills
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has issued its financial results for 2013, posting an operating revenue of RMB 17.563 billion ($2.87 billion), down ...
Tags: Chongqing Steel, Iron, Steel
On March 27, Anhui Province-based Chinese steelmaker Maanshan Iron & Steel Co. (Masteel) issued its financial results for 2013, announcing an operating revenue of RMB 73.85 billion ($12.07 billion), while it achieved a net profit of RMB 157 ...
Tags: steelmaker, Iron, Steel