Russian steelmaker NLMK Group has announced that it has commenced supplies of pre-painted steel for production of white goods by South Korean conglomerate Samsung at its facility in the Kaluga region. NLMK is entering the niche segment of ...
Tags: Samsung, Pre-Painted Steel
We had the opportunity to speak with Kim Marti Subirana from Celsa Group, the president of IREPAS, during the SteelOrbis Spring 2014 Conference & 70th IREPAS Meeting held on March 30-April 1 in Barcelona. Mr. Marti, how do you view the ...
Tags: Metallurgy, Mineral, Steel
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, the global long steel products market is still characterized by uncertainty amid the adverse effects of ...
Tags: Long Steel Demand, steel products
Swedish specialty steel producer SSAB has posted its financial results for the first quarter of the current year, reporting a net loss of SEK 49 million ($7.5 million) for the given quarter, compared to a net loss of SEK 137 million in the ...
Tags: specialty steel, steel market
According to data released by the China Iron and Steel Association (CISA) on April 24, as of the end of March (March 31), the composite steel price index (CSPI) for the Chinese domestic market was at 94.83 points, down 1.63 points or 1.69 ...
Tags: Composite Steel, Iron, Steel
Chinese iron ore importers on Monday denied they were under pressure to sell their port stocks so that they repay their debts to the country's banks, refuting recent local media reports. The importers added that the price of the more than ...
Tags: Iron Ore, steel mills
According to the Economic and Steel Market Outlook 2014-2015/Q2 2014 Report from the Economic Committee of the European Steel Association (EUROFER), first estimates for construction sector activity in the first quarter of this year signal a ...
Tags: Construction, Metallurgy, Mineral, Energy
Sri Madhusudan, managing director of Indian state-run steelmaking and mining company Rashtriya Ispat Nigam Limited (RINL), has said that the company has an ambitious plan to achieve a turnover of around INR 200 billion ($3.3 billion) in the ...
Tags: Metallurgy, Mineral, Energy, Steel
According to the Economic and Steel Market Outlook 2014-2015/Q2 2014 Report from the Economic Committee of the European Steel Association (EUROFER), EU steel tube output fell by just 0.6 percent year on year in the fourth quarter of 2013. ...
Tags: Steel Tube, Construction
According to the Economic and Steel Market Outlook 2014-2015/Q2 2014 Report from the Economic Committee of the European Steel Association (EUROFER), in the first two months of 2014 total EU steel exports fell almost six percent year on ...
Tags: Steel Exports, flat products
Following the relative improvement of real steel consumption in the second half of 2013, estimates for consumption in the first quarter of 2014 indicate that the recovery in final demand gained further strength, according to the Economic ...
Tags: Steel, Metallurgy, Mineral
According to the Economic and Steel Market Outlook 2014-2015/Q2 2014 Report from the Economic Committee of the European Steel Association (EUROFER), strengthening indicators and evidence of improving dynamics suggest that the EU economy is ...
Tags: Metallurgy, Mineral, Energy, Steel
As of April 7, inventory of iron ore at 33 major Chinese ports amounted to 108.28 million mt*, as announced by China's Xinhua News Agency. As of the same date, the Xinhua-China Iron Ore Price Index for imported iron ore with 62 percent ...
Tags: Iron Ore, Metallurgy, Mineral
Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group (JISCO) has announced that in 2013 its Gansu-based subsidiary Hongxing Steel recorded a net loss of RMB 2.338 billion ($383.28 million), as compared with a net profit of ...
Tags: Steel, Iron, Hongxing Steel
ArcelorMittal Brasil, Brazilian subsidiary of global steelmaker ArcelorMittal, has announced its financial results for 2013, indicating that the surplus of global steel production capacity is over 570 million mt, which still presents risks ...
Tags: Steel, Metallurgy, Mineral