China will encourage Chinese steel enterprises suffering from overcapacity to transfer their businesses to overseas markets where the steel market is still very big, a top official was quoted in a statement published on the website of the ...
Tags: steel enterprises, steel industry
Chung Hung Steel, one of the major carbon steel flat product manufacturers in Taiwan is expected to raise its prices for next January, supported by higher demand from Southeast Asia, Europe and the US and Chinese steel mills’ ...
Tags: steel, metallurgy, Taiwan
Taiwanese China Steel Corp. (CSC) said the current global steel market is still in the situation of supply exceeds demand; therefore, cost down has already become one of the strategies for the company to hold leading position in the market. ...
Tags: taiwan, Metallurgy, Mineral, Energy
International credit ratings agency Fitch Ratings has affirmed Luxembourg-based global steel giant ArcelorMittal's rating at 'BB+', with the outlook being stable. Fitch stated that the credit rating affirmation and the stable outlook ...
Tags: steel, metallurgy
In the first 11 months of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 5.866 million mt, down 0.05 percent year on year, as announced by the ...
Tags: crude steel, metallurgy, Finished Steel
Although the US coal industry's 2014 earnings are expected to decline modestly as more lucrative contracts roll off and metallurgical coal prices remain low, the outlook for producers remains stable, Moody's Investors Service said in a ...
Tags: Coal Industry, metallurgical coal
Arch Coal, Inc. (NYSE:ACI) today announced that Tygart Valley's Leer mine in northern West Virginia has begun operating its longwall mining system, representing a major milestone in the development of the overall mining complex. The Leer ...
Tags: Metallurgy, Mineral, Energy
At the 75th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris on December 5-6, the participants discussed the slow growth prospects in the global steel market, exchanged views on the effect ...
Tags: steel, metallurgy, OECD
Although the scrap prices have kept going up in global steel market, the rebar transaction activity has still stagnated in the Taiwanese domestic market due to the weak demand. It is said the current rebar price in northern and central ...
Tags: Taiwanese Domestic Market, Rebar
Global steel giant ArcelorMittal has announced that it has entered into a 50/50 joint venture partnership with Japan-based Nippon Steel & Sumitomo Metal Corporation (NSSMC) to acquire the Alabama-based steel processing plant ThyssenKrupp ...
Tags: steel, ArcelorMittal
The annual global steel scrap trade is about 105 million metric tons, while Turkey's reach in this international trade is about 60 million metric tons, said Sukru Celik, director of Belgian Scrap Terminal NV in Turkey, speaking at the 8th ...
Tags: steel scrap
ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, has stated that on November 20 it received a license for the import of 90,000 mt of coke issued by the Ministry of Economic Development and Trade of ...
Tags: Metallurgy, Mineral, Energy
With the ongoing improvements in the US and continued strength in Asia, managing director Paul O'Malley of Australia's BlueScope Steel sees a positive sign in the steel market. O'Malley said that of the company's building products division, ...
SEOUL, South Korea, Nov. 13, 2013 /PRNewswire/ -- Basic Element, one of Russia's leading diversified business groups, En+ Group, Russia's leading mining, metals and energy group, have signed a Memorandum of Understanding (MoU) with POSCO, a ...
Being the most decisive factors that make the economy of the nation more thriving are the steel plants, which are present in almost all parts of the country. From the very beginning of the nation's economical upsurge, the country has ...