On February 26, Shanghai-based Chinese steel gaint Baosteel Group announced that Xinjiang-based steel producer Nanjiang Steel Baicheng Co. put its coke oven No. 2 into operation on February 24. Nanjiang Steel Baicheng is wholly owned by ...
Tags: Nanjiang Steel, Mineral
Xinchuang Li, deputy secretary general of the China Iron and Steel Association (CISA), has stated that the issue of overcapacity in China's steel industry has become very serious, while adding that slow economic growth and economic ...
Tags: Steel Industry, Overcapacity
According to the American Iron and Steel Institute, in the week ending February 22, 2014, US domestic raw steel production was 1,831,000 net tons while the capability utilization rate was 76.3 percent. Production was 1,875,000 net tons in ...
Tags: domestic raw steel production, capability utilization, Metallurgy
Jiangsu Province-based Chinese steelmaker Shagang Iron and Steel Co. has announced that in 2013 it recorded an operating revenue of RMB 10.7 billion ($1.75 billion), down 11.56 percent, while it achieved a net profit of RMB 26.2524 million ...
Tags: Shagang, net profit, reducing costs and revising product structure
Pakistan's iron and steel scrap imports amounted to 119,844 mt in January this year, decreasing 11.17 percent compared to December and down 24.28 percent year on year, according to the data released by the Pakistan Federal Bureau of ...
Tags: Iron and Steel Imports, Metallurgy, Mineral&Energy, Pakistan
Austrian plantmaker Siemens Metals Technologies has announced that in the last quarter of 2013 three continuous slab casters were put into operation at Chinese steel producer Taiyuan Iron and Steel Group Corp (TISCO). Two of the casters ...
Tags: Siemens Metals, plantmaker
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has stated that its Hebei-based subsidiary Chengde Iron and Steel Co. exported a total of 51,000 mt of finished steel products in January of the current year, up 11 percent ...
Tags: Finished Steel, Mineral
US raw steel production edged up last week, as the industry's capability utilization rose to 77%, according to the American Iron and Steel Institute. The 77% capability utilization during the week ended Saturday, February 15, was up from ...
Tags: Steel Industry, raw steel
According to a report released by the Turkish Iron and Steel Producers' Association (TCUD), in 2013 Turkey's steel import volume increased by 25.4 percent to 14.85 million mt, valued at $12.81 billion, up 14.1 percent, both compared to ...
Tags: Steel Imports, Mineral
According to a report released by the Turkish Iron and Steel Producers' Association (TCUD), in 2013 Turkey's steel exports decreased by 6.3 percent to 19 million mt, while the value of these exports declined by 7.9 percent to $15.78 ...
Tags: Steel Exports, Mineral
In 2013, Turkey's finished steel output increased by 6.2 percent to 36.4 million metric tons, in line with the increase in the country's semi-finished product imports during the year in question, according to a report released by the ...
Tags: Finished Steel, Mineral
Russia-based leading global iron ore and hot briquetted iron (HBI) producer Metalloinvest has announced that its integrated iron and steel plant Ural Steel saw its crude steel production in the fourth quarter last year decrease by 7.6 ...
Tags: Crude Steel, Ural Steel, Mineral
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that in 2013 its Gansu-based subsidiary Hongxing Steel recorded an estimated net loss of RMB 2.35 billion ($385.2 million), as compared with a net ...
Tags: Hongxing Steel, Mineral, steelmaker
According to the American Iron and Steel Institute, in the week ending February 8, 2014, US domestic raw steel production was 1,839,000 net tons while the capability utilization rate was 76.8 percent. Production was 1,875,000 net tons in ...
On February 19, the China Iron and Steel Association (CISA) announced that in early February (Feb. 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.761 million mt, ...
Tags: Crude Steel, Mineral