RT reported that Russia's steel giant Severstal is closing down its Italian steel producer Lucchini in December. Falling demand is cutting the steel maker's profits making it leave the area along with other Russian companies. Lucchini SpA ...
Tags: steel giant, Severstal, Lucchini
Reportedly, Quintain Steel, one of the major wire rod producers in Taiwan announced to hike its list prices for wire rod products substantially by NT$1,000/ton for December, driven by sharply surged scrap prices. After the price ...
Tags: Wire Rod, Wire Rod Prices, prices for wire rod products
Lucchini, the second largest steelmaker in Italy announced to temporarily close its Piombino blast furnace (BF) in December for around 40 days The spokesman of Lucchini said that the firm decided to half the Piombino BF due to sluggish ...
Tags: steelmaker, blast furnace, sluggish demand and soft economy
Reportedly,the new appointment of chief financial officer of ArcelorMittal is expected to lead to large scale restructuring.Arcelormittal announced that Matthias Wellhausen would replace Rudolph Torlage,effective on January 2,2013 to run ...
THE political production line went into overtime following yesterday’s announcement. MPs and AMs of all political hues reacted to the news almost as soon as it became public. Aberavon MP Hywel Francis rued it as grim news ...
Tags: TATA Steel, local economy
Recently, the transaction prices of the blast furnace (BF) killed wire rods are expected to rise in the Taiwanese market in the near future, driven by jumped transaction prices of electric furnace (EF) killed wire rods. In fact, the ...
Reduction Facing with entire loss dilemma in China's steel industry, the government's administrative means on steel capacity reduction can not be relied on alone. More regulate and control means on interests should be put to use to force ...
Tags: Steel Capacity, Chinese steel industry, green taxes, government control
Recently, the forty-sixth International World Steel Association, as well as the third Steelies prize presentation, was held in India. The two projects Baosteel declared: LCA excellent case and thermal state blast furnace slag for direct ...
Tags: Market View, Fasteners
Taipei,Oct.9,2012(CENS)--Formosa Plastics Group's steel business will start soon as its stainless steel plant in Fujian,China,will come online in the first quarter of 2013,earlier than expected,with 720,000 tonnes in annual output initially ...
Msheireb Properties, Qatar s leading sustainable real estate developer, is introducing more environmentally responsible concrete in the construction of its flagship development, the QR20bn Msheireb Downtown Doha project. The project now ...
Tags: market view, cement
China Steel Corporation (CSC), Taiwan’s largest integrated producer of steel products, will develop high-grade steel products to be profitable, rather than compete with rivals from China, Japan and South Korea to raise capacity. ...
Tags: Market View, steel, raw material
India's JSW Steel will increase production to 80% of capacity after the country's Supreme Court gave the go-ahead for the government-owned National Mineral Development Corporation to mine one million tonnes of ore every month in the ...
Tags: steel
1. Productivity growth too fast and disorderly competition serious broke the balance of the stainless steel supply and demand. From 2006 to 2010, China stainless steel industry develop rapidly, it keep the world's largest stainless steel ...
Tags: Stainless steel