On December 19, Beijing-based Chinese steelmaker Shougang Iron and Steel Co. announced that its net asset value is expected to increase by an estimated RMB 3.4 billion ($0.55 billion) due to its holding company BAIC Motor Corporation Ltd ...
Tags: steelmaker, Metallurgy
Russia-based steel pipe producer ChTPZ Group has announced that it has launched a new storage facility for raw materials and finished goods from its ceramic flux production department. The new site means ChTPZ will be able to increase its ...
Tags: storage facility, raw materials, flux production, Metallurgy
In the January-November period of this year, world pig iron production amounted to 1.08 billion mt, rising by 1.1 percent compared to the same period of 2013, according to the preliminary data covering 38 countries accounting for ...
Tags: Pig Iron, blast furnace pig iron
Kortrijk, Belgium-based Bekaert, one of the world's largest steel cord and wire manufacturers, has announced that it has successfully closed the acquisition of the Pirelli steel cord plants in Italy, Romania, and Brazil. As a part of this ...
Tags: steel cord, wire manufacturers, Metallurgy
Global steel giant ArcelorMittal has announced that its European unit is providing 310,000 mt of hot rolled coils (HRC) from its production site in Bremen, Germany, more than one third of all the hot rolled coils needed for the Trans ...
Tags: oil, gas industry, Metallurgy
AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...
Tags: AK Steel, Furnace Outage
The US Department of Commerce (DOC) announced Friday the preliminary results of its administrative review of the antidumping (AD) order on cut-to-length carbon-quality steel plate from Korea. The review covers six Korean ...
Tags: Korean Plate, AD Margins
The US Department of Commerce (DOC) announced Friday its preliminary determinations in the antidumping (AD) investigations of steel nails from Korea, Malaysia, Oman, Taiwan, and Vietnam. The DOC has calculated the following preliminary ...
The US Department of Commerce (DOC) announced Friday the preliminary results of its administrative review of the antidumping (AD) order on stainless steel bar from Brazil. The review covers one company — Villares Metals S.A. — ...
Tags: stainless steel, Metallurgy
The Lecco, Italy-based wire rod mill of Italian steelmaker Lucchini will be bought by a partnership between Italian steel producer Feralpi and Swiss-based international trader Duferco which has production facilities in Italy, with both of ...
Tags: Wire Rod, steelmaker
The US Department of Commerce (DOC) announced Friday the preliminary results of its administrative review of the antidumping (AD) order on cut-to-length carbon-quality steel plate from Korea. The review covers six Korean ...
Tags: carbon-quality steel, exports, sales, shipments, Metallurgy
Mexico's Secretariat of Economy has announced that it has imposed a definitive antidumping (AD) duty on steel cable imports from China. Accordingly, the secretariat has found price discrimination and unfair trade practices in steel cable ...
Tags: AD Duty, Steel Cable
AK Steel provided guidance for its fourth quarter 2014 financial results, indicating that, despite incurring approximately $31 million in costs associated with a planned Ashland Works blast furnace outage, the company expects to report ...
Tags: expenses pertaining, shipment, Metallurgy
BASF’s Coatings division started up a new Netzsch LMZ25 beadmill at its site in Deeside, UK. The modern mill will be used to manufacture intermediate pigment pastes in the PVC plastisol production process. The beadmill replaces a Cox ...
Tags: grinding system, precoated steel, aluminum panels, Construction
A new ready-to-use, high-heat stainless steel paint that will not discolor, chip, crack, or peel at temperatures up to 1200°F for a wide range of industrial, automotive, and consumer product applications is being introduced by Dampney ...
Tags: discolor, chip, crack, peel, Construction