Russian steelmaker NLMK Group has announced that it expects a 20-25 percent decline in its capital expenditure for 2013. The company's capital expenditure in 2012 decreased by 29 percent year on year to $1.45 billion. NLMK has continued its ...
Tags: NLMK, Capital Expenditure, Mineral
Kobe Steel has reported the first nine months result ended December 31st of the financial year 2012/13. The company reported a net loss of 22.7 billion yuan compared to a net income of 12.6 billion yuan in the corresponding period of ...
Tags: Kobe Steel, Steel, crude steel
US Steel reported Tuesday a Q4 net loss of $50 million, following a $44 million profit in Q3 2012. In Q4 2011, US Steel incurred a net loss of $211 million. For full-year 2012, US Steel reported a net loss of $124 million compared to a net ...
Tags: Steel Reports, Steel company, Steel industry
Canton, Ohio-based The Timken Company reported Thursday that sales in Q4 2012 of $1.1 billion were down 15 percent from the same period in 2011 due to lower demand in the company's light vehicle, heavy truck, mining and energy-related end ...
Tags: Timken, 2013 Sales, Q4
Business Standard reported that the shortage of iron ore seems to have hit steel companies in the small and medium segments the hardest. According to recent data by the Joint Plant Committee, the non alloy and carbon steel segment saw ...
Tags: iron ore, India, non alloy, carbon steel segment
Mechel’s steel segment’s revenue from external customers in Q3 2012 amounted to USD 1.7 billion or 63% of the consolidated net revenue, a decrease of 10.4% over the segment’s revenue from external customers of USD 1.9 ...
Tags: steel segment, Mechel, steel, Steel Management
voestalpine Group has set ambitious goals up to the year 2020.With a clear focus on the customer segments Mobility and Energy and on non European growth markets,and with profitability remaining at virtually at the same level compared to the ...
The listed voestalpine Group continues to further expand its market position in North America by undertaking an acquisition in its special steel segment. Böhler-Uddeholm Canada Ltd a company of voestalpine's Special Steel Division, ...
Tags: special steel, mold steel, sawing, milling, grinding, drilling
MMK Metalurji finished products output in 9 months 2012 was 748,000 tonnes up 2.7x YoY. Production in Q3 2012 totalled 211,000 tonnes. Revenue from the Turkish steel segment for 9 months 2012 was USD 637 million up 117% YoY. Revenue in Q3 ...