Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for the third quarter of the current year according to International Financial Reporting Standards (IFRS). In the third quarter, MMK saw a ...
At the recent 1st Assofermet Day & SteelOrbis Conference held in Brescia in northern Italy, Serdar Kilimci, sales Manager of Turkish steel producer Colakoglu Metalurji, gave a presentation on Turkish flat steel imports, exports, production ...
Tags: metallurgy, steelmaking, Colakoglu
On November 28, the China Iron and Steel Association (CISA) announced that in mid-November (Nov. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.750 million mt, ...
Tags: Crude Steel, Mineral
Brazil Steel Institute (IABr) has revised its forecast regarding the expected decline in Brazil's steel imports in 2013, from a drop of 14.4 percent to a fall of just 0.5 percent. Thus, Brazil's steel imports are expected to total 3.8 ...
Tags: Steel Imports, Mineral
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has announced that 1.996 billion of its shares were issued to Chongqing Steel Group on November 25, marking the ...
Tags: Chongqing Steel, Mineral
Finished steel apparent use in Latin America and the Caribbean totaled 50 million tons in January-September this year, similar to the same period in 2012, according to Alacero, the Latin American steel association. Finished steel production ...
Tags: Finished Steel, Mineral
In a move designed to combat overcapacity in the steel sector, China will relocate some factories and encourage more companies to invest in overseas projects, said an official with the country's top planning agency. Li Zhongjuan, an ...
Tags: Metallurgy, Mineral, Energy
Hebei said it eliminated 4.56 million metric tons of ironmaking capacity and 6.8 million tons of steelmaking capacity in three cities on Sunday, marking the start of the province's campaign to cut excess production capacity. On Sunday, a ...
Tags: Dismantles Iron, Steel
According to the American Iron and Steel Institute, in the week ending November 23, 2013, US domestic raw steel production was 1,850,000 net tons while the capability utilization rate was 77.2 percent. Production was 1,744,000 net tons in ...
Tags: US, raw steel, production, rise, previous, fall, week-on-week
Australian iron ore development company BC Iron has said that stronger iron ore prices and lack of decline in Chinese steel production, typically associated with the December quarter, supports a robust long-term iron ore outlook. ...
Tags: BC, iron, Chinese, fundamental, support, long-term, outlook
Chinese steelmaker Hebei Iron and Steel Group has announced that its Hebei-based subsidiary Chengde Iron and Steel Co. has dismantled its 40 mt converter, within the scope of efforts to eliminate backward or dated steel production ...
Tags: Chengde Steel, dismantle, converter
World crude steel production in October this year increased by 6.6 percent year on year to 134.26 million metric tons, while 1.29 percent growth was observed on month-on-month basis, according to the World Steel Association (worldsteel). ...
Tags: Crude Steel, Mineral
In October this year, Japanese crude steel production was up by 2.5 percent compared to the previous month, while it increased 7.7 percent year on year, totaling 9.52 million mt, according to the data released by the Japan Iron and Steel ...
Tags: Crude Steel, Mineral
Ukrainian mining and steel producing group Metinvest has announced that in its results for the third quarter and the first nine months of the current year that its crude steel production increased by two percent to 3.2 million mt in the ...
Tags: Crude Steel, Mineral
According to a statement released by the Turkish Iron and Steel Producers' Association (TCUD), Turkey, which fell to the ninth place among the world's leading crude steel producing countries in September this year, regained eighth place in ...
Tags: Crude Steel, Mineral