In January this year, Turkey's total steel product exports amounted to 1.57 million metric tons, falling 5.4 percent month on month and up 1.5 percent compared to the same month of the previous year, with a total revenue of $1.16 billion, ...
Tags: steel exports, steel, steel industry
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has proposed that the definition of coking coal should be changed to promote and encourage the iron and steel industry to shift their manufacturing base to new and ...
Tags: coking coal, iron industry, steel industry
Antonio Gozzi, president of the Italian iron and steel industry Federacciai, has stated that, according to the latest estimates, in 2013 Italian crude steel output may be similar to that of 2012, remaining at around 27 million metric tons, ...
Tags: Antonio Gozzi, iron and steel industry, 2013
It’s reported that the Brazilian steelmakers are seeking to raise the prices of steel flat products in order to improve profits. The Brazilian steel industry stayed in difficult situation in 2012 due to slow economy in international ...
National news sources reported Wednesday that on Friday, Gerdau plans to lay off about 31 steel workers from its St. Paul, Minnesota steel mill that is currently undergoing a $50 million renovation. A company spokesman was quoted as saying ...
Tags: steel mill, steel workers, steel industry
On January 31, Zhejiang Province-based Chinese steelmaker Hangzhou Iron & Steel Group Company (HISGC) announced its preliminary financial results for 2012, indicating a net loss of RMB 380 million ($61.3 million), compared to a net profit ...
Tags: Steel posts, steelmaker, steel industry
According to the latest data released by Statistics South Africa, in December 2012 the country's producer price index (PPI) for domestic output in the manufacturing sector decreased slightly by 0.1 percent compared to the previous month and ...
Tags: steelmakers, manufacturing sector, iron, steel
On January 31, Qinghai Province-based Chinese steelmaker Xining Special Steel Co. issued its estimated financial results for 2012. Accordingly, Xining Special Steel has estimated a net profit of RMB 20-50 million ($3.2-8.1 million) for ...
Tags: Special Steel, steelmaker, steel industry
ORL is an Indian producer of special refractories and monolithics listed on the National Stock Exchange of India as well as the Bombay Stock Exchange. The selling shareholders that hold the largest stake of the 43.6% are the immediate ...
Tags: special refractories, monolithics, iron industry, steel industry
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
US ferrous scrap exports decreased in 2012 to an estimated 23 million tons, down 5.35 percent from 24.3 million tons during 2011, with the main destinations including Turkey, South Korea, Taiwan, Canada and China, in descending order of ...
Tags: scrap exports, scrap, scrap value
Investments of US$11 billion by leading Mexican flat steel producers for this year are focused on expanding market share in automotive and sectors in which the industry is highly competitive globally, such as hot rolled with new grades, ...
South Korean steelmaker Pohang Iron and Steel Co. (POSCO) has announced that in the fourth quarter of 2012 its net profit decreased by 45 percent to KRW 561 billion ($518 million), compared to the same quarter of the previous year. The ...
Tags: steelmaker, net profit, steel industry
Anhui Province-based Chinese steelmaker Changjiang Iron and Steel Co., a subsidiary of Ma’anshan Iron and Steel Co. (Masteel), has commissioned its new converter No. 2, as announced by Beijing-headquartered Chinese state-owned ...
Tags: Changjiang Steel, Steel, Steel industry
As of January 25, inventory of the main finished steel products (plate, hot rolled coil (HRC), cold rolled coil (CRC), rebar and wire rod) in major steel markets in China totaled 14.796 million mt, up 450,000 mt compared to the previous ...