Offer prices in the Argentinian ferrous scrap market are up 50% in February compared with January levels, a reflection of the steep devaluation of its currency, sources said Wednesday. On January 23, the central bank of Argentina scaled ...
Tags: Ferrous Scrap, Mineral
ArcelorMittal's Czech Republic-based subsidiary ArcelorMittal Ostrava has announced that it has completed a major investment project to modernize its manufacture of seamless pipes of small diameters and increase its production capacity for ...
Tags: Seamless Pipe Mill, seamless tubing, drill pipes, line pipes
Luxembourg-based global steel giant ArcelorMittal has announced that it is supplying more than 18,000 mt of rebar produced by Algeria-based ArcelorMittal Annaba for building the foundations of the 1.2 km Trans-Rhumel viaduct in Constantine, ...
Tags: ArcelorMittal, steel giant
In 2013, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 6.4301 million mt, up 0.17 percent year on year, as announced by the company. In addition, in the given ...
Tags: crude steel, Mineral
Global steel industry is growing in business, according to the Financial Times. Europe will lead the recovery of global steel. The rest of the world will also contribute to the steel growing even though China’s steel industry is ...
Tags: steel, business opportunity, ThyssenKrupp, Financial Times
Global steel giant ArcelorMittal will have to share the Liberian rail line that it is using to export iron ore with West Africa-focused Sable Mining and other miners operating in Guinea, according to a Reuters report. The rail line is ...
Tags: Liberian Rail Line, steel, ArcelorMittal, iron
German plantmaker SMS Siemag has announced that Germany-based ArcelorMittal Bremen has placed an order with SMS Logistiksysteme for the supply of a fully automated sampling station for X-grade line pipe steels, including a connected ...
Tags: SMS Siemag, ArcelorMittal Bremen, SMS Logistiksysteme, supply
Mexican authorities announced last week that they will defend steelmaker exports from restrictions in the Colombian market. In a document prepared for the World Trade Organization (WTO), the Mexican Ministry of Economy (SE) argue that ...
The Brazilian steel mills including Usiminas, Companhia Siderurgica Nacional (CSN) and ArcelorMittal have planned to raise the prices for flat-rolled steel products by 6%~7.5% averagely. It’s said that Usiminas hiked prices by ...
Tags: Brazilian steel mills, raise the prices, flat-rolled steel products
Tantalum is a very rare metal in the Earth's crust. We use this metal every time we fly, make a phone call, and ride in our cars. Tantalum is used to make electronic parts, heat-resistant glass, automotive catalytic converters, and ...
Tags: Tantalum, rare metal, Electronics
ArcelorMittal executives announced Thursday the company's plans to reopen its Harriman, Tennessee steel plant, which closed in 2011 due to poor market conditions. In a joint announcement with Tennessee Economic and Community Development ...
Tags: steel, metallurgy
ArcelorMittal plans to restart its galvanizing line in April 2014 in Asturias, which located in northern Spain region. The company’s first line will be started in early April, but it doesn't have a specific time. The first line is ...
Every employer annually plans the number of personnel when making plans for the year, same as ArcelorMittal Temirtau. The Company is going to reduce 2,500 jobs in 2014 and has approved 12,028 employees for 2014. This planned layoffs ...
Tags: jobs
Reportedly, the major steelmakers in the US, Nucor, ArcelorMittal and NLMK have announced to raise its steel sheet prices. The three companies set a minimum spot base prices of US$700/short ton for hot rolled coils and US$810/short ton ...
Tags: steel, metallurgy
The US steelmaker Nucor announced to raise its prices for steel wire products by US$25/net ton, effective on deliveries ended on January 1st, 2014. However, industry sources said that the price rise might be unfavorable to buyers. ...
Tags: steel, metallurgy