Reportedly Ovako, Noth European engineering steel producer, has planned to reduce by 200 positions. Notices of redundancy are 134 positions in Hofors and another 70 positions in Sweden and Finland. Since the autumn of 2011, Ovako ...
Shale Inland Holdings LLC a distributor of steel pipes, valves and fittings, has appointed Richard Lundgren chief executive officer as founder Craig Bouchard becomes chairman of the board. Lundgren, who was previously president of Tyco ...
Tags: steel pipes, valves, fittings, steel
FNA reported that Isfahan's Mobarakeh Steel Company will boost its annual output capacity to 1.5 million tonnes in the near future. Mr Majid Mahmoudi director for engineering and energy development affairs of Mobarakeh Steel said that a ...
Tags: steel scrap buyers, steel construction, iron ore price news
Essar Steel India has successfully supplied 9000T of high quality steel plates for a subsea tankage project being executed in the North Sea for Premier Oil, UK by Dry Docks World Dubai. The plates will be used in building oil & gas ...
Tags: carbon steel tanks, buy steel pipe, steel supplies, steel plate
Reuters reported that it is unwise for governments to intervene to avoid the closure of steel plants in the euro zone's oversupplied market. The chief executive of Austrian steelmaker Voestalpine said that in the last few weeks both the ...
Tags: steel plants, steel production, Eurofer
Emirates Steel, which has undergone several expansions in recent years has reported 33% surge in steel volume and 10% increase in the dispatch of goods of prime quality through to the end of Q3 2012 YoY. Mr Suhail M Al Ameri Emirates ...
Tags: emirates steel, structural steel, steel beam, steel construction
Weir Minerals has launched its first service centre in Hungary. Based in Tatabánya, the new centre will serve Weir Minerals’ growing customer base in Hungary as well as in Romania and the former Yugoslavia. The new facility ...
Tags: Tatabánya, WeirMinerals, newFacility
On November 29th Jiangxi Province based Chinese steelmaker Fangda Special Steel Technology Co announced that it has increased its stake in Jiangxi based steel producer Pingxiang Steel in cooperation with its parent company Liaoning ...
Sichuan Province based Chinese steel producer Chengdu Steel & Vanadium Co Ltd a subsidiary of Sichuan based steelmaker Panzhihua Iron and Steel Group (Pangang Group) has announced that in the January to November period of the current year ...
Tags: Chengdu Steel&Vanadium Co Ltd, Pangang Group, steel pipes
Visakhapatnam Steel Plant, an Indian market leader for bar and rod products in the steel market, is looking at entering the Sri Lankan steel market. RINL, which is backed by the Government of India, has a 35% market share in bar and rods ...
Tags: steel scrap buyers, sri lanka vs india, steel market prices
S&P released the following statement Overview We expect lower prices in the European stainless steel industry to push Luxembourg-based stainless steel producer Aperam's 2012 EBITDA well below our previous projections. Even ...
Tags: rating action, S&P, stainless steel industry, Aperam
In the January to November period of the current year, Yongcheng, Henan Province based Chinese steel producer Minyuan Special Steel Co a subsidiary of Henan-based Anyang Iron and Steel Group, achieved a total industrial output value of CNY ...
Tags: steel beams, stainless steel, structural steel, steel scrap buyers
According to its data issued for November of the current year, Russian steel producer Ashinskiy Metallurgical Works (Ashinskiy) produced 33,806 tonnes of crude steel, 4.9% more than its scheduled volume. Furthermore, in November Ashinskiy ...
Reuters reported that Italy faces a deep crisis as its biggest steel plants struggle for survival, putting it in the forefront of a permanent decline in western Europe’s steel sector and increasing cost pressures on many of the ...
Tags: Steel, steel plants, steel sector
China Gerui Advanced Materials Group Limited a leading high precision, cold rolled steel producer in China announced the results of its 2012 Annual General Meeting held on November 29, 2012 in Zhengzhou, China. At the Annual Meeting, ...
Tags: china steel pipe, steel producer, Gerui Advanced Materials Group Limited