Reportedly, Finish stainless steel producer Outokumpu announced to start its new ferrochrome works at its plant in Tornio. It’s learned that the company has invested approximately €410 million for the project. ...
Tags: Tornio, Construction&Decoration, Outokumpu
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to leave its domestic prices stainless cold rolled coils (CRC) and plates unchanged for June in order to reflect lower nickel prices and ...
Tags: NSSC, CRC Prices, Construction&De
It’s reported that Jindal Stainless, the largest stainless steel producer in Indian announced a consolidated net loss of INR8.42 billion for the fiscal year 2012/13 ended on March 31st, 2013. Jindal Stainless stated that the net loss ...
Tags: Jindal Stainless, Net Loss
According to data released by the International Stainless Steel Forum (ISSF), the world’s crude stainless steel output totaled 35.4 million tons, rising by 5.2% year on year, hitting a new record high. China has remained the ...
It is reported that China's Sinohydro Corporation, the world’s largest hydropower construction company is going to get the supply of more than 120,000 tons of reinforcing steel rebar from Newcastle plant of ArcelorMittal South Africa ...
Tags: hydropower construction, Energy
Police in the southern Italian city of Taranto have confiscated €8.1 billion worth of property and goods belonging to the Riva family, owners of the Riva Fire holding company which controls the troubled Ilva steel plant, as widespread ...
Tags: Italy, production, steelmaking, European Union, Brescia
Reportedly, Swedish-based special steel producer, Ovako, planned to increase its engineering steel production capacity in order to meet growing demand of spring steel and bearing steel. However, some of key customers have already begun ...
Tags: Steel, Metallurgy, Mineral, Energy
Hebei Province-based Chinese steelmaker Shougang Jingtang Co., a subsidiary of Beijing-based Chinese steelmaker Shougang Co. is expected to record a net loss of over RMB 1 billion ($163 million) for 2012, as reported by China Business News. ...
Tags: Metallurgy, Mineral, Energy, steel
It's reported that the Russian steel producer Severstal planned to invest US$6.4 million to upgrade equipment including a Sever-6 type ultrasonic testing (UST) unit and a controlled cooling unit (CCU) at the plate rolling facility No. 3 of ...
Tags: Construction, Metallurgy, Mineral, Energy
Taigang Stainless, the largest stainless steel producer in China announced to cut its domestic prices for austenitic hot rolled coils (HRC) and cold rolled coils (CRC) by RMB500/ton and RMB800/ton respectively for June in order to reflect ...
Tags: Taigang Stainless, Mineral
Ukrainian steelmaker Alchevsk Iron and Steel Works (Alchevsk), a subsidiary of Ukrainian steel producer Industrial Union of Donbass (ISD), has announced that in the current month of May it plans to increase its crude steel production by ...
Tags: Alchevsk, Steel Product Output, Metallurgy
On May 22, Guangdong Province-based Chinese steel producer SGIS Songshan Co., the listed subsidiary of Chinese steelmaker Shaoguan Iron and Steel Co., announced that its planned non-public share offering has been approved by China ...
Swiss-based special steel producer and distributor Schmolz+Bickenbach has announced its financial results for the first quarter of 2013, reporting a net loss for the period. In the first quarter, Schmolz+Bickenbach registered a net loss ...
Tags: Schmolz+Bickenbach, Net Loss, Q1
Guizhou Province-based Chinese steelmaker Shuicheng Iron and Steel (Group) Co., a subsidiary of major Chinese steel producer Shougang Group, has announced that it has signed a preliminary cooperation agreement with China Construction Fourth ...
Tags: Rebar Processing and Distribution Center, Shuicheng Steel
On May 17, construction work started on the blast furnace project at Chinese steel producer Baosteel's Zhanjiang steel base, as announced by Beijing-based state-owned China Metallurgical Group Corporation (MCC). CISDI Group Co., a ...
Tags: Baosteel, Furnace Construction