Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the first quarter of the current year, reporting a net loss of ZAR 275 million ($30.2 million) compared to a net profit of ZAR 279 million ...
Tags: Arcelormittal, Vanderbijlpark Fire
Another month has passed in which demand in the global long steel products market has failed to show the long-awaited recovery, according to the market outlook released by IREPAS, the global association of producers and exporters of long ...
Tags: Hinders Price, Global Longs Market
India's finished steel consumption was up 3.5 percent to 5.6 million mt in April of the current year, compared to the 5.4 million mt recorded in the same month last year, according to provisional estimates released by the Joint Plant ...
Tags: Finished Steel, Mineral
In March 2013, Chile rebar exports were 49,269 tons, annulus comparing fell 6.4%, down 6.6% year-on-year. The first quarter of this year, Chile's total rebar exports amounted to 161,367 tons, an increase of 3.4% compared with the fourth ...
Tags: rebar exports, rebar
Brazil's crude steel production in 2013 is expected to increase to 36.5 million tonnes, an increase of 5.8%. The apparent consumption of crude steel is expected to grow 4.2%, to 26.2 million tonnes. Marco Polo de Mello Lopes), Executive ...
Tags: Steel, steel industry
It is learned that Brazil’s steelmaker Gerdau produced 4.4 million tons in the first quarter of this year which means a decrease of 11% compared to the same period last year. According to the company, the reduction reflects its ...
Tags: steelmaker, Gerdau
The European crude stainless steel output totaled around 1.4 million tons in the first two months of this year, decreasing slightly by 1% year on year, according to report of the Germany-based steel service center Damstahl. The combined ...
According to the preliminary data released by Statistics South Africa, in March this year the country's manufacturing output fell by 2.2 percent compared to the same month of 2012, while the seasonally adjusted manufacturing production is ...
Tags: Iron and Steel Output, Mineral
The world's largest steelmaker Luxembourg-based ArcelorMittal has announced that it is targeting cost cuts of $3 billion by the end of 2015. As of March this year, the company had achieved $200 million in cost improvements. According to ...
Tags: Arcelormittal, Mineral
India's Central Board of Excise and Customs has imposed a 2.5 percent import duty on melting scrap and stainless steel scrap, according to notification published on May 8. India has not collected any duties from scrap imports until now. ...
Tags: Scrap Imports, Mineral
GE has introduced a new membrane, the AG LF series, which can purify tough-to-treat water such as wastewater from industrial processes. GE’s new technology is a low-fouling reverse osmosis (RO) membrane that resists degradation from ...
According to the latest ‘Bi-Monthly Stainless Steel Report May 2013' issued by Germany-based service centre Damstahl, in the first two months of the current year European stainless crude steel production amounted approximately to 1.4 ...
Tags: Damstahl, Stainless Steel Output
The LSAW steel production, spiral pipe production of hot-rolled coil. Hot strip rolling process unit has a series of advantages, metallurgical process for production of high quality pipeline capacity. For example, when the output of the ...
In April this year, Ukrainian steelmaker Zaporizhstal's finished steel product output increased by 2.9 percent to 269,000 mt, while its crude steel production increased by 1.6 percent to 320,100 mt, both year on year, according to the ...
Tags: Zaporizhstal, Mineral
Gerdau reported Tuesday net revenue of R9.2 billion (US$4.6 billion) in Q1 2013 while shipments reached 4.6 million tons and steel production was 4.4 million tons. Net income was R160 million (US$79.6 million) in the quarter, a 60 percent ...