On August 29, Liaoning Province-based Chinese steelmaker Anshan Iron and Steel Group Co. (Ansteel) has announced its financial report for the first half of the current year. Accordingly, in the given period the company's operating revenue ...
Tags: Construction, steel, Ansteel, Metallurgy, Mineral, Energy
Russian steelmaker Severstal has announced its financial results for the second quarter and the first half of 2013. Accordingly, in the second quarter Severstal registered a net loss of $44 million, compared to a net profit of $155 million ...
Tags: steel, Metallurgy, Mineral
The China Iron and Steel Association (CISA) has announced that in the first seven months of the current year the aggregate gross profit of its member enterprises amounted to RMB 4.943 billion ($808 million). Meanwhile, in the given period ...
Tags: steel, Metallurgy, Mineral
According to the latest data released by Statistics South Africa, in July this year the country's producer price index (PPI) for the basic iron and steel industry rose one percent compared to June and was up 11.8 percent compared to July ...
Tags: steel, Metallurgy, Mineral, Energy
Esmark Inc. has announced management changes for its Esmark Steel Group subsidiary. As part of the management realignment, Esmark Inc. Chairman and CEO James P. Bouchard will reassume CEO duties of Esmark Steel Group. Esmark Inc. Chairman ...
Tags: Steel Group, Mineral
The Turkish Steel Exporters' Association (CIB) has stated that the Turkish steel industry is going through a difficult time after the US initiated its antidumping (AD) duty investigations of oil country tubular goods (OCTG) from India, ...
Tags: OCTG Investigations
Glassport, Pennsylvania-based scrap mill services provider, and parent of Tube City IMS Corp., TMS International, will be acquired by the billionaire Pritzker family for $687 million in cash. The Pritzker organization is a private equity ...
Tags: TMS International, Mineral
Turkish rebar producer Izmir Demir elik Sanayi A. . (IDC) has announced its financial results for the second quarter and the first half of 2013, stating that for the coming period China's policies regarding capacity utilization rates and ...
Tags: rebar producer
The Turkish Steel Exporters' Association (CIB) has announced that Colombia has launched three separate antidumping (AD) duty investigations for rebar, wire rod and steel section imports from Turkey. The products in question accounted for ...
Tags: Steel Imports
Due to a translation error, new Mexican steel industry standards mentioned in an article published Aug. 13 erroneously labeled the standards as "ASTM". The correct standard label should be "NMX", as follows: The standards ...
Tags: Steel Standards, Steel Industry
On Friday, the US International Trade Commission (ITC) made affirmative preliminary injury determinations in the antidumping (AD) investigations of OCTG from India, Korea, the Philippines, Saudi Arabia, Taiwan, Thailand, Turkey, Ukraine, ...
Tags: OCTG industry, Mineral
International ratings agency Moody's has announced that it has downgraded the credit rating of Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, to B2 from B1, reflecting Moody's expectation of ...
Tags: Coal Company, coking coal
In response to the decision of Brazil's Ministry of Finance to reduce the import duty rates on 100 items including steel products, the Brazil Steel Institute (IABr) said that lower import duty rates will negatively affect the Brazilian ...
Tags: Steel Institute, Duty Rates
A meeting has been held by the authorities in China's Hebei Province to discuss the environmental protection and air quality improvement plans of the province, with the focus on targeting the problem of overproduction in the local steel ...
Tags: Steel Output, Mineral
It was usually quiet Friday morning at the Baoshan Cement Co., Ltd. factory in east China's Jiangxi Province. The factory's production lines were shut down after it was put on a list of companies designated by the Ministry of Industry and ...