During the last session of the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting held in Doha, Uur Dalbeler, chairman of IREPAS and of the billet suppliers' committee, stated that in 2012 iron ore prices brought great pressure to bear ...
Tags: billet, Scrap Prices, steel
Altos Hornos de México and subsidiaries (AHMSA) reported to the Mexican Stock Exchange (BMV) its financial results for the year 2012, a period which saw annual EBITDA decrease by 3.697 million pesos (US$289,300). Operating income ...
Tags: steel, Iron Industry, Industry
Reportedly EU ministers and European Commission call on ArcelorMittal to postpone planned capacity cuts until they confirm proposals to revive Europe’s steel sector, Industry Commissioner Antonio Tajani said on Tuesday. ...
Tags: ArcelorMittal, capacity cuts, steel sector
Swiss plantmaker SMS Concast AG has announced that it will supply the first electric arc furnace to the Egypt-based long steel producer El Marakby Steel. The new furnace with an annual capacity of 350,000 mt will broaden El Marakby's ...
Tags: long steel, long steel producer
On January 31, Turkish plantmaker CVS Makina told SteelOrbis that it has started cold tests in the meltshop of Turkish steelmaker Toscelik's new rebar project in the northwestern Algerian city of Oran. The investment in the project totals ...
Tags: CVS Makina, SteelOrbis, Turkish steelmaker, Toscelik
Reportedly, Ecuadorian Andec, long product producer in Ecuador, has announced to launch its new electric arc furnace (EAF) after a 15-day trial testing run in December last year. Meanwhile, all equipment was supplied by Italy's ...
Irving, Texas-based Commercial Metals Company announced Monday its financial results for fiscal Q1 2013, ended November 30, 2012. Net earnings attributable to CMC for the first quarter were $49.7 million on net sales of $1.8 billion. This ...
Tags: Energy, Cmc'S Earnings, Metals Company
Sergei Kuznetsov has been CEO of both Severstal International and Severstal North America since July 2009.He joined Severstal in 2002 to head the business planning group created to acquire foreign assets and develop international ...
Tags: US, HDG price, steel price, automotive market
Horsehead Holding Corp ZINC a holding company of Horsehead Corporation, INMETCO and Zochem Inc, declared that Horsehead Corporation signed an amendment to the Shell Chemical LP's Option & Purchase Agreement. The company said that the ...
Tags: inks, Shell Chemical, zinc, zinc products
It is reported that Croatian rebar mini-mill Adria Steel has announced that the company plans to start its new melt shop in the middle of January 2013.The company has designed the new melt shop with annual production capacity approximately ...
Tags: Steel Plans, Meltshop, Steel, rebar
PT Gunung (Gunung Steel Group), Indonesia, has awarded an order to SMS Siemag, Germany, for the planning and supply of a gas cleaning system for an ARCCESS ® electric arc furnace and has thus decided in favor of a tailor-made ...
Tags: SMS Siemag, X-Pact electrical and automation package, dust-laden gases
The World Steel Association (worldsteel) announced the regional champions of the 7th steeluniversity.org Challenge. The regional championship took place on November 13th and 21st 2012 over two 24 hour periods. This year's competition ...
Tags: World Steel Association, global steel industry, regional championship
Mr Irving Rossi,founder of the Swiss company Concast,launched the technology on the market.For his achievements,he has now been awarded a place in the"Hall of Fame"of the American trade journal American Metal Market. In the past century ...
Tags: Irving Rossi, Concast, Hall of Fame, technical innovations
Russian steelmaker NLMK announced that its US based subsidiary NLMK Indiana broke all time production records in the first 10 months this year. During the January to October period, NLMK Indiana produced over 617,000 tonnes of slabs and ...
General director of Belarus'leading steel producer Byelorussian Steel Works(BMZ),Anatoly Savenok explained his company's abilities,investment plans and commented on the current and future market situation for SteelOrbis. What is BMZ's ...
Tags: Byelorussian Steel Works, SteelOrbis, Anatoly Savenok, steel market