In November this year, Ukrainian steelmaker Zaporizhstal's finished steel product output decreased by 26.5 percent year on year to 199,100 mt, while its crude steel production declined by 11.6 percent year on year to 279,000 mt, according ...
German steelmaker ThyssenKrupp has announced that it has raised €882.3 million through a capital increase corresponding to 10 percent of capital stock, selling 51.5 million new shares at €17.15 per share. This capital measure ...
Tags: Thyssenkrupp, Capital Increase
It's reported that the US steelmaker Nucor announced to raise its rebar prices by US$10/short ton for new orders, effective immediately. Besides, Steel Dynamics Inc. (SDI) also increased its rebar prices by US$10/short ton as well. It's ...
Tags: Rebar, Nucor Hikes
Indian state-owned steelmaker Steel Authority of India Limited (SAIL) has announced that the newly rebuilt coke oven battery No. 2 at its Durgapur steel plant has been commissioned. The rebuilding of the battery is a part of the ...
Tags: Metallurgy, Mineral, Energy
Russian steelmaker Severstal has announced that the distribution network of its Russian Steel Division in the January-September period this year increased its sales by five percent and more than doubled its EBITDA (earnings before interest, ...
Tags: steelmaker, metallurgy
International credit ratings agency Moody's has stated that the acquisition of German steelmaker ThyssenKrupp's Alabama, US-based steel mill by the joint venture partnership between ArcelorMittal and Japan's Nippon Steel & Sumitomo Metal ...
Tags: steelmaker, metallurgy
On December 2, Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., announced that 141 million unrestricted tradable shares of the company (representing 3.79% of its total ...
Tags: steelmaker, metallurgy
The Chinese steelmaker Shagang announced to leave its ex-work prices for most hot rolled coils unchanged for December, except a rise of RMB50/ton on SPHC grade HRC. After the announcement, the prices for Q235 HRC with thickness of 5.5mm ...
Tags: metallurgy, steel
According to report, Russian steelmaker Magnitogorsk Iron & Steel Works (MMK) said last week that its third quarter revenue and EBITDA both fall from previous quarter. Its second-quarter sales dropped by 13% to 1.88 billion and group EBITDA ...
Tags: Construction, steel
Taiwan's China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan has announced to cut its new price by average 0.75% for next January and February, this number is actually lower than most market analysts' expected. One market ...
Global steel giant ArcelorMittal has announced that it has entered into a 50/50 joint venture partnership with Japan-based Nippon Steel & Sumitomo Metal Corporation (NSSMC) to acquire the Alabama-based steel processing plant ThyssenKrupp ...
Tags: steel, ArcelorMittal
Turkish integrated steelmaker Erdemir sees a positive outlook for the steel industry in 2014, as stated by the company's marketing and sales coordinator Basak Turgut at the 8th SteelOrbis Turkish Steel Market Conference held in Istanbul on ...
Germany-based steelmaker ThyssenKrupp has announced its financial results for the financial year 2012-13, stating that it is planning a capital increase of up to 10 percent, raising €1 billion, as the sale of its US steel mill has now ...
Tags: steel, financial results
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan released its list prices for December. The company decided to cut its list prices for EF Al-killed wire rods by NT$400/ton for December, considering to the requirements of ...
China Steel Corp. (c), the largest carbon steelmaker in Taiwan announced to cut its list prices for steel wire and bar products by NT$500/ton for next January/February. CSC stated that it decided to cut prices for steel wire and bar ...