Korea’s Hyundai Steel planned to raise its prices for hot rolled coils (HRC) by KRW30, 000/ton for August since the import prices of HRC from China have increased. In fact, the HRC prices have fallen by around KRW10,000/ton in ...
Tags: Hyundai Steel, HRC Prices
It’s reported that Korean Hyundai Steel planned to raise its H beam prices by KRW10, 000/ton in July as its production decreased due to power limit in summer and annual maintenance. It’s learned that Hyundai Steel ...
Tags: H Beam Prices, Mineral
According to announcement made by China Metallurgical Group Corporation (MCC), Tangshan Steel, one of largest leading Chinese steel company has commissioned WISDRI Engineering & Research Incorporation Ltd to build auto steel sheet ...
Tags: Steel Sheet, Steel, Construction
West Chester, Ohio-based AK Steel announced Monday that Magnetation LLC, its joint venture with Magnetation, Inc., has successfully completed a $325 million senior secured note offering and has entered into a $50 million senior secured ...
Tags: AK Steel, Iron Ore, Magnetation
Chung Hung Steel, one of the major re-rollers in Taiwan planned to triple its API pipe production capacity to 270,000 tons per year after commissioning a new Greenfield plant in central Taiwan this year. The official of Chung Hung Steel ...
Tags: Steel, Metallurgy, Mineral, Energy, taiwan
Yemen long steelmaker Aden Steel intends to move its 350,000 metric tons/year rebar mill to Rabigh, north of Jeddah on Saudi Arabia's Red Sea coast. The company's official pointed out that this is because the weak demand for Yemen local ...
Tags: Steel Plans, steel, Metallurgy, Mineral, Energy
On March 27, Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. announced that it plans to issue approximately 37,837 non-public A shares aiming to raise up to RMB 1.4 billion ($225.1 million). Lingyuan Steel seeks to ...
Tags: Lingyuan Steel, Mineral, steelmaker
Indian steel producer JSW Steel plans to import 5 million mt of iron ore annually to feed its plants in Salem and Dolvi, according to media reports. The Indian steelmaker has been struggling with iron ore shortages for 18 months, like ...
Tags: steel producer, steel, steelmaker
On March 22, Henan Province-based Chinese steelmaker Anyang Iron and Steel Group Co. issued its financial results for 2012. In 2012, Anyang Steel achieved an operating revenue of RMB 20.951 billion ($3.3 billion), down 29.62 percent on ...
Tags: Anyang Steel, steelmaker, steel
Hunan Province-based Chinese steelmaker Hunan Valin Iron and Steel Co. has announced that in 2013 its total planned fixed asset project investments amount to RMB 906.91 million($145 million). In particular, RMB 461 million ($73.5 million) ...
Tags: Valin Steel, steelmaker, steel sheet project
Reportedly, China’s Baotou Iron & Steel (Baotou), the largest steelmaker in northern China’s Inner Mongolia has planned to upgrade its operations with a new heat-treatment unit at its Mongolia plant. Meanwhile, the company ...
Tags: Steel, steelmaker, special steel rails
Reportedly, US Steel planned to start up its US$400 million automotive sheet continuous annealing line at the company's PRO-TEC joint venture with Japan's Kobe Steel in the second quarter of this year. Currently, the company is working ...
Henan Province-based Chinese steelmaker Zhongyuan Special Steel Co., Ltd has issued its estimated financial results for 2012, indicating a net profit of RMB 68.0577-81.6692 million ($1.1-1.3 million), with a decrease of 10-25 percent ...
Hebei Province-based Chinese steel producer Hebei Iron and Steel Group announced on January 8 that it will publicly issue corporate bonds worth no more than RMB 5 billion ($796 million). The application for the issuance of the bonds has ...
Tags: Hebei, Chinese steel producer, Hebei Iron and Steel Group
Taiyuan Iron and Steel Group Co Ltd,the world's largest stainless steel producer by output,plans to increase its product exports by about 52%to 500,000 metric tonnes next year. Experiencing a weak market at home and overseas,it will ...