Finland-based stainless steel producer Outokumpu has announced its financial results for 2012, reporting a net loss of €535 million compared to a net loss of €180 million in 2011 due to the ongoing challenging market environment. ...
Tags: Outokumpu, company news, Mineral
Sault Ste. Marie, Ontario-based flat rolled steelmaker Essar Steel Algoma Inc. reported Wednesday a net loss of $25.1 million for the three month period ending December 31, 2012 (fiscal Q3). The results for Q3 reflect the impact of lower ...
Tags: Essar Steel, Mineral, Metallurgy
According to the latest ‘Stainless Steel Briefing February 2013' report issued by Germany-based service centre Damstahl, in the first 11 months of 2012 European stainless crude steel production amounted to 7 million mt, falling one ...
Tags: Stainless Steel Output, Europe, Mineral
Cleveland, Ohio-based Cliffs Natural Resources Inc. reported Tuesday that for the full year 2012, Cliffs recorded a net loss attributable to Cliffs' common shareholders of $899 million, or $6.32 per diluted share, compared with net income ...
Tags: Mineral, Cliffs Natural Resources, Report
Fort Lauderdale, Florida-based service center Metals USA reported Wednesday that net sales for Q4 2012 were $437.5 million, down from $455.7 million in Q4 2011. Q4 2012 shipments of 353,000 tons were 8 percent higher in the same quarter a ...
US baker Flowers Foods has delayed issuing guidance for 2013 until the outcome of its attempt to buy various assets, including bread operations from Hostess Brands, is clear. The company has been named the "stalking horse" bidder for ...
According to the Economic and Steel Market Outlook 2013-2014/Q1 2013 Report from the Economic Committee of the European Steel Association (EUROFER), in the first 11 months of 2012 steel imports from third countries into the EU decreased by ...
Tags: Eurofer, Steel Imports, Mineral
In the week ended February 8, greater stability has been observed in price movements in the London Metal Exchange (LME) billet market, after the sharp declines recorded in the previous week. The following prices were recorded in LME billet ...
Tags: LME Billet, Greater Stability, Mineral
Harvey, Illinois-based Atkore International Holdings Inc., a global manufacturer of galvanized steel tubes and pipes, electrical conduit, armored wire and cable, metal framing systems and building components, reported Friday financial ...
Tags: Pipe, Tube Sector, Atkore International
The US Census Bureau and the US Bureau of Economic Analysis, through the Department of Commerce, announced Friday that total December exports of $186.4 billion and imports of $224.9 billion resulted in a goods and services deficit of $38.5 ...
Tags: Trade Deficit, economy, import&export
European manufacturer of plastic caps and closures, PROCAP has announced the launch of its new closure 28-1881 PROSPARK, which has been designed for the full range of PET bottle drinks from still water to high-carbonated soft drinks. ...
Tags: Procap, Closure for Soft Drinks, Packaging
Swiss-headquartered iron ore miner Ferrexpo, whose main interests are in Ukrainian iron ore assets, has announced its financial results for the first nine months ended September 30, 2012. In the given period, Ferrexpo's net profit ...
Tags: iron ore miner, iron ore, miner
Ukraine has agreed a protocol on duty-free supplies of steel pipes to Russia amounting to 120,000 mt in the first half of 2013, as reported by Interfax-Ukraine. The protocol amends the agreement on the regulation of supplies of some types ...
Tags: Ukraine, Duty-Free Supplies, Steel Pipes
ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, has stated that the output of its continuous casting machine (CCM) exceeded 100,000 mt of billets in January this year. This result means the planned annual ...
Laird Technologies Inc of Earth City, MO, USA, which designs and supplies customized performance-critical components and systems for electronics and wireless products, has acquired Nextreme Thermal Solutions of Durham, NC, USA, which ...