Iron ore prices may be up for another dive as Chinese steel mills take a breather after the summer production peak, analysts say. The benchmark iron ore price plunged to a fresh five-year low to $US84.30 a tonne on Thursday night, and ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
In the January-August period this year, Ukrainian metallurgical company Dneprospetsstal (DSS) saw a 2.1 percent yeat-on-year decrease in its crude steel production to 189,000 mt. The company's output of finished steel in the same period ...
Tags: Crude Steel, finished steel
The China Association of Metalscrap Utilization has been lobbying the central government to lower the 17% tax on steel scrap sales to help increase its utilization in steelmaking, CAMU Secretary General Li Shubin said at the 7th China ...
Tags: Steel Scrap, Metal, Mineral
Alacero, the Latin American steel association, has reported that in the first half of this year apparent finished steel use in Latin America and the Caribbean totaled 34.2 million mt, similar to the volume in the same period of 2013. The ...
Tags: Finished Steel, Metallurgy
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang) has announced that in the first half of the current year it registered an operating revenue of RMB 14.672 billion ($2.38 billion), down 23.70 percent year on year, ...
Tags: Baogang, steelmaker
In the January-July period of the current year, China's crude steel output amounted to 480.76 million mt, up 2.7 percent year on year, as announced by China's National Development and Reform Commission (NDRC) on August 25. The growth rate ...
Tags: China's Crude Steel, Output, Metallurgy
Fujian Province-based Chinese steelmaker Fujian Sangang (Group) Co. issued its financial results for the first half of the current year on August 25, announcing a net loss of RMB 43.1284 million ($7.01 million) compared to a net loss of RMB ...
Shanghai-based Chinese steelmaker Baoshan Iron and Steel Co. Ltd (Baosteel) has issued its financial report for the first half of the current year, stating that in the given period it achieved an operating revenue of RMB 97.598 billion ...
Tags: Baosteel, Financial Report, Metallurgy
Speaking at the 2014 China Coal, Coke & Steel Industries Conference (CCIC) held in Qingdao on August 21, Wang Xiaoqi, vice chairman of the China Iron and Steel Association (CISA), stated that in the first seven months of the current year ...
Tags: Crude Steel, Metallurgy
On August 20, Guangdong Province-based Chinese steel rolling and processing company SGIS Songshan Co., an affiliate of Guangdong-based Shaoguan Iron and Steel Co. (Shaogang), announced in its financial report for the first half of the ...
Tags: SGIS Songshan, Loss, Energy
In July this year, Turkey's crude steel output increased by one percent year on year but was down by 4.7 percent compared to June to 2.82 million metric tons, according to the Turkish Iron and Steel Producers' Association (TCUD). In the ...
Tags: Crude Steel, Mineral
On August 20, Anhui Province-based Chinese steelmaker Maanshan Iron and Steel Co. Ltd (Masteel) announced its results for the first half of the current year. Accordingly, Masteel's operating revenues for the period in question amounted to ...
Global crude steel production in June this year increased by 1.7 percent year on year to 136.82 million metric tons, while a 0.2 percent decline was observed on month-on-month basis, according to the World Steel Association (worldsteel). In ...
According to the Brazil Steel Institute (IABr), Brazilian crude steel production in the January-July period this year amounted to 19.68 million metric tons, 0.9 percent lower year on year. In the same period, Brazilian rolled steel output ...
Tags: Brazilian Steel, Exports, Mineral
In July this year, Ukrainian metallurgical company Dneprospetsstal (DSS) saw a 1.09 percent month-on-month increase in its crude steel production to 46,100 mt. The company's output of finished steel in the same period increased by 7.1 ...