US ferrous scrap pricing trended lower on Thursday, the fourth day of the traditional US buy week as strong Ohio Valley pricing did not have a ripple effect into other markets. Mills outside the Ohio Valley region were able to remain on ...
Tags: Metallurgy, Mineral, ferrous scrap
Refined global zinc usage is to increase 4.5% this year to 13.58 million mt, the International Lead & Zinc Study Group said Thursday. "It is anticipated that, after having risen by 4.9% in 2013, world usage of refined zinc metal will ...
Tags: Zinc, Metallurgy, Mineral, Zinc mine
Based on the Commerce Department's most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported Wednesday that steel import permit applications for the month of March total 3,485,000 ...
Tags: Steel, Metallurgy, Mineral
In 2013, the net loss of Russian steelmaker Ashinskiy Metallurgical Works (Ashinskiy) increased by 10.5 times compared to 2012, rising to RUB 755.5 million ($21.4 million), according to Russian media sources. The reasons for the surge in ...
Tags: Steel, Metallurgy, Mineral
In the January-March period of the current year, coal production in Russia went up by 0.4 percent year on year to 85.85 million mt, including 28.75 million mt of coal produced in March, according to Russia's Central Dispatching Department ...
Tags: Coal, Metallurgy, Mineral, Energy
Indian steel rim producer Steel Strips Wheels Ltd (SSWL) has announced that in March this year it sold 1.26 million steel wheel rims, indicating a 12 percent growth year on year. In the given month, the company's wheel rim exports amounted ...
Tags: Steel Wheel Rims, Steel, Metallurgy, Mineral
According to the data provided by the Turkish Statistical Institute (TUIK), in the first two months of this year Turkey's pre-painted galvanized iron (PPGI) exports amounted to 12,615 mt, decreasing by 67.37 percent, while the revenue from ...
Tags: Metallurgy, Mineral, Energy, Steel
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang Group) announced that in March this year it produced 704,000 mt of pig iron, down 24.02 percent, 749,800 mt of crude steel, down 19.14 percent, and 680,000 mt of ...
Tags: Crude Steel, Steel, finished steel, Metallurgy, Mineral
In the January-February period of the current year, China's crude steel output amounted to 130.8 million mt, up 1.7 percent year on year, as announced by China's National Development and Reform Commission (NDRC). The growth rate in question ...
Tags: Metallurgical Coke, crude steel, steel, Metallurgy, Mineral
Commercial Metals Company announced last week financial results for its second quarter ended February 28, 2014. Net earnings attributable to CMC for the second quarter were $11.1 million, or $0.09 per diluted share, on net sales of $1.6 ...
Tags: Steel, Metallurgy, Mineral
Speaking at the SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting in Barcelona, Bhaskar Dutta, CEO of the Omani steel and pipe manufacturer Al Jazeera Steel, stated that rebar consumption in the GCC countries is expected to rise to 12 ...
Tags: Metallurgy, Mineral, Steel
The Mexican steel industry estimates that it will invest US$3 billion as a whole between 2014-2016, largely due to positive economic expectations, especially as a result of energy reforms. During an assembly of CANACERO, chairman Alonso ...
Tags: Steel, Metallurgy, Mineral, GDP
Finland-based stainless steelmaker Outokumpu has announced that the negotiations regarding its industrial plan have been successfully concluded with employee representatives and unions in Germany. The industrial plan was originally ...
Tags: Steel, stainless, Metallurgy, Mineral
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel Group (WISCO) has signed a cooperation agreement with Zhangye municipal government in China's Gansu Province for the construction of a project which will have an annual output ...
Tags: Steel, Metallurgy, Mineral
As metal prices plunged on the eve of the financial crisis in September 2008, Peru's billionaire Brescia family paid about $400 million to buy the world's largest tin deposit in the Amazon jungle. Now their mining company Minsur SA sits ...
Tags: Tin, metal, Metallurgy, Mineral