Russia-based Mechel has announced that it is selling its 100 percent stake in UK-based steel plant Invicta Merchant Bar and its debts to Mechel to privately-owned Helium Miracle 127 LLP for £1.1 million. Invicta Merchant Bar was ...
Tags: Steel Plant, Mechel
On July 8th, the list of 2013 Fortune Global 500 Companies was released. Baosteel was ranked No. 222 with operating revenue of 45,682.7million USD and net profits of 918.8million USD. It had been consecutively ten years that Baosteel was ...
Tags: Metallurgy, Mineral, Energy, steel
On Tuesday, a number of US mills filed antidumping/countervailing duty against the majority of oil country tubular goods (OCTG) imports from the majority of supplying countries. Although a case has been generally expected for some time now, ...
Tags: Mineral, steel, antidumping
At the recent 74th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris, Laplace Conseil, a consulting firm specialized in the metal and mineral industries, gave a presentation on the impacts ...
Tags: Energy, Steel Output, Mineral
At the recent 74th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris, participants from OECD and non-OECD economies discussed the prospects for improved growth in global steel demand, future ...
Tags: Steel Committee, steel, Mineral
The European Steel Association (EUROFER) has criticized the European Parliament for approving the European Commission's proposal to temporarily remove 900 million CO2 emissions allowances from the market. According to the European ...
Tags: Carbon Allowances, Mineral
As of July 1, inventory of iron ore at 25 major Chinese ports amounted to 75.28 million mt, indicating an increase of 100,000 mt or 0.13 percent compared to June 24, as announced by China's Xinhua News Agency. Iron ore inventory at ...
Tags: Iron Ore, Chinese Ports
International credit rating agency Standard & Poor's has announced that it has raised the long-term corporate credit rating of Turkish steelmaker Eregli Demir ve Celik Fabrikalari T.A.S. (Erdemir) to 'B+' from 'B', with the outlook being ...
Tags: Turkey-Based Erdemir, Mineral
Austria-based industry giant Siemens Industry Inc. announced today, July 1, that it has completed the acquisition of Service Guide Inc., an Ohio-based company that has provided repair and refurbishing services for steel and aluminum mills. ...
Tags: Siemens, Steel Mills
In May this year, China's aggregate metallurgical coke and ferroalloy outputs were up seven percent and 12.4 percent year on year respectively, as announced by China's National Development and Reform Commission (NDRC). Meanwhile, the ...
Tags: Finished Steel
Steel industries have been an integral addition to India's economic scenario as they have not only added gross profit to the national fund but also have enhanced employment options significantly. There are many steel rolling mills ...
Tags: steel, Metallurgy, Mineral, Energy
Refractory metals are a special group of elements, which are otherwise metals by nature. These metals have certain properties like, a. Exceptionally high melting points and b. Unusually resistant to wear and tear, physical deformation ...
Tags: Crucial Aspects, Refractories
At 10 o'clock on June 4th in Shanghai New International Expo Centre, under drum beats and music,Former Vice Chairman of the National Committee of CPPCC, Former President of Chinese Academy of Engineering and Chairperson of the Chinese ...
Indian steel industry think to melt scrap steel and stainless steel scrap a 2.5% import tariff will further lower scrap steel demand, and the revenues of the import duties will be imposed to the final consumers, so they asked for cancel ...
Tags: Metallurgy, Mineral, Energy, steel
In the afternoon of June 4, the seats in the conference hall of Pudong Kerry Hotel are fully occupied. More than 650 senior executives, specialists and professors from the iron & steel associations, enterprises and research institutes, ...
Tags: Baosteel, Keynote Reports