China's crude steel output rose 8.3 percent year-on-year to 652.48 million tons in the first ten months of 2013, faster than the 2.1-percent increase seen in the same period last year, the country's top economic planner said Thursday. ...
Tags: Construction, Metallurgy, Mineral, Energy, Crude Steel
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for the third quarter of the current year according to International Financial Reporting Standards (IFRS). In the third quarter, MMK saw a ...
On November 28, Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group Co. (JISCO) announced that it plans to issue medium-term notes worth RMB 3.8 billion ($622.9 million) on December 5. This will be the company’s first ...
Tags: steelmaking, metallurgy
According to a report released by the German Federal Statistical Office (Destatis), in October this year the import price of iron ore increased by 19.5 percent year on year in Germany, following the 6.4 percent year-on-year increase ...
Tags: iron ore, raw mat, steelmaking
On November 28, the China Iron and Steel Association (CISA) announced that in mid-November (Nov. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.750 million mt, ...
Tags: Crude Steel, Mineral
In October this year, the aggregate sales revenues of large and medium-sized steel enterprises in China amounted to RMB 309.144 billion ($50.74 billion), increasing by 0.96 percent month on month, while their aggregate gross profit totaled ...
Tags: Mineral, Steel Enterprises
Chinese steelmaker Chongqing Iron and Steel Co. (Chongqing Steel), a subsidiary of Chongqing Iron and Steel (Group) Co., has announced that 1.996 billion of its shares were issued to Chongqing Steel Group on November 25, marking the ...
Tags: Chongqing Steel, Mineral
In October this year, Japan's iron and steel products exports amounted to 3.28 million metric tons, decreasing by 1.56 percent year on year and down by 5.10 percent compared to September this year, while Japan's steel imports totaled ...
Tags: Steel Exports, Mineral
Ductile iron is obtained through ball and bred to deal with spherical graphite, effectively improve the mechanical properties of cast iron, especially to improve the ductility and toughness, resulting in higher strength than carbon steel. ...
According to data released by the American Iron and Steel Institute (AISI), the US's steel imports totaled 3,059,000 net tons in October, rising by 8.5% from a month ago. Among them, 2,233,000 net tons were finished steel, rising by 2.7% ...
Tags: Steel, Metallurgy, Mineral, Energy
In a move designed to combat overcapacity in the steel sector, China will relocate some factories and encourage more companies to invest in overseas projects, said an official with the country's top planning agency. Li Zhongjuan, an ...
Tags: Metallurgy, Mineral, Energy
Hebei said it eliminated 4.56 million metric tons of ironmaking capacity and 6.8 million tons of steelmaking capacity in three cities on Sunday, marking the start of the province's campaign to cut excess production capacity. On Sunday, a ...
Tags: Dismantles Iron, Steel
China's economic planners are taking an increasingly hawkish stance on the overcapacity issue, reportedly mulling a "white list" for the next campaign. Several central ministries, including the National Development and Reform Commission, ...
Tags: overcapacity, White List
According to the American Iron and Steel Institute, in the week ending November 23, 2013, US domestic raw steel production was 1,850,000 net tons while the capability utilization rate was 77.2 percent. Production was 1,744,000 net tons in ...
Tags: US, raw steel, production, rise, previous, fall, week-on-week
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Tuesday that the US imported a total of 3,059,000 net tons (nt) of steel in October, including 2,233,000 nt of finished steel (up 8.5 percent and ...