It’s reported that Korean steelmaker Hyundai Steel said that its output of finished flat and long products dropped by 6% from a quarter ago in the third quarter of this year, due to facility maintenance and sluggish demand in summer. ...
Tags: Hyundai Steel, steelmaker
Reportedly, Korea’s steel giant Posco launched its financial result for the third quarter of this year. In the third quarter of this year, Posco’s sales of finished steel products totaled 8.3 million tons, falling by 7% year on ...
Tags: Posco, Finished Steel Products
The South East Asia Iron and Steel Institute (SEAISI) said today, October 28, that the ASEAN (Association of Southeast Asian Nations) region is a significant net importer of steel products, pointing out that the region is not ...
Tags: Steel Plant, Mineral
On October 27, construction work commenced on a new stainless steel industrial park in Lanzhou New Area in China's Gansu Province, as announced by local media in Lanzhou. Investment in the project is expected to total RMB 3 billion ($0.49 ...
Tags: Stainless Steel, Mineral
In the third quarter of the current year, the crude steel production of Russian steelmaker MMK Group totaled 2.874 million mt, down seven percent compared to the second quarter of the year, while its crude steel output in the first nine ...
Tags: Crude Steel Output, Mineral
The country's largest flat-rolled alloy steel producer, Wuhan Iron and Steel (Group) Corp, said Sunday that it will respond in a proactive manner to an anti-dumping investigation launched Friday by the US Commerce Department. Xinhua News ...
Tags: Steel Firm, US Probe
Thailand-based Long Luck Group is building a new $36 million steel mill in the Samutsakorn district of Bangkok, according to Asia Pacific Investment House (APIH), the lead funding arranger for the project. The Long Luck Steel Mill will ...
Tags: Steel Mill, Mineral
Global steelmaker ArcelorMittal has announced that its Argentina-based unit ArcelorMittal Acindar will invest $100 million in a new rolling mill in Santa Fe province, Argentina. The rolling mill with an annual production capacity of ...
Tags: Metallurgy, Mineral, Energy, Rebar Mill
According to a statement released by Morocco's Industry, Trade and New Technologies Ministry, Morocco will continue to keep hot rolled flat steel imports from the European Union and Turkey under surveillance during the period of its ...
Tags: HR Flat Steel, steel, Metallurgy, Mineral
It's reported that Japan's Tokyo Steel announced to hike its profile steel prices by ¥2,000/ton for November while its remain prices for other steel products unchanged. After the adjustment, its prices for rebar with diameter of ...
Tags: Construction, steel, Profile Steel
Industrial Production Operation in September 2013 National Bureau of Statistics of China In September 2013, the total value added of the industrial enterprises above designated size was up by 10.2 percent year-on-year (the following ...
It's reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to remain its list prices for all its steel products unchanged for December, considering stable economy globally. CSC stated that the global ...
Tags: Steel Flat, steel, Construction, taiwan
Nucor Corporation announced Thursday consolidated net earnings of $147.6 million, or $0.46 per diluted share, for the third quarter of 2013, compared to net earnings of $85.1 million, or $0.27 per diluted share, in the second quarter of ...
Tags: Metallurgy, Mineral, Energy
Steel Dynamics, Inc. announced Wednesday third quarter net income of $57 million, or $0.25 per diluted share, on net sales of $1.9 billion, compared to Q3 2012 net income of$13 million, or $0.06 per diluted share, on net sales of $1.7 ...
Tags: Metallurgy, Mineral, Energy, steel
It's reported that the Russian steelmaker Novolipetsk Steel (NLMK) released its production and sales result for the third quarter of this year. NLMK stated that its crude steel output totaled 3.897 million tons in the third quarter, up by ...
Tags: Crude Steel, Construction