Evraz, the top steelmaker in Russia is considering slashing working days to 4 days a week at parts of its ZSMK plant which is one of Russia's largest mills. The sluggish demands for steel together with the approaching slow summer season are ...
Tags: Metallurgy, Mineral, Energy, steel
Turkish long steelmaker Icdas has hiked prices of rebar and wire rod by TRY 30/ton, valid from Monday. Due to the weakening of the currency lira against US dollar, the mill had no choice but to adjust up the price to balance off the ...
Tags: Construction, Wire Rod
It’s reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan released its list prices for AP plates for July. CSC decided to cut its AP plate prices substantially by NT$900/ton for July to NT$16,750/ton in ...
Tags: Taiwan, AP Plate, Construction&Decoration
It’s reported that the Chinese steelmaker Shougang released its price policy for July. The company decided to cut its prices for hot rolled coils (HRC), cold rolled coils (CRC) and galvanize steel sheets/coils by RMB60~RMB80/ton, ...
The steelmaker Essar Steel Algoma has just reported a US$92.7-million loss for the fourth quarter of fiscal year 2013, which is much bigger than US$18 million loss for the fourth quarter of a year ag. In the report, the steelmaker's quarter ...
Tags: Essar Steel Algoma, Q4
Siemens VAI, a world reputable leading engineering and plant building company joined with Italy's Arvedi Group to build continuous slab caster and rolling mill for an Eastern Chinese steelmaker. This project mainly to focus on producing ...
Tags: Siemens VAI, Arvedi, Rolling Mill
According to the announced report from China Association of Automobile Manufacturers that China produced 1.7805 million vehicles in May and sold 1.7615 vehicles. The sales volumes were lower than those in April. The Taiwanese steelmaker ...
Tags: Construction, Metallurgy, Mineral, Energy
The Russian steelmaker Severstal is going to cut its July's hot roll coil offer by US$40/MT and cold roll coil offer by US$55/MT than its offer prices in May to its Turkey buyers. In fact, Severstal has already cut its HRC and CRC prices by ...
Tags: Metallurgy, Mineral, Energy, Cabon Flat
According to report, Russian steelmaker MMK group may see its profit up by 35% to 19 million in January- March quarter in 2013 after a loss in the previous quarter. The result for profit including the selling the rail freight carrier MMK ...
Tags: Construction, steel
According to the data from the World Steel Association, Korea's largest steelmaker Posco ranked as world's fifth largest crude steelmaker in 2012, down from the fourth in 2011. ArcelorMittal remains the top one of crude steelmaker as it ...
Tags: Metallurgy, Mineral, Energy, steel, Crude Steel
It’s reported that the Chinese steelmaker Baosteel planned to cut tinplate prices by RMB230/ton for July. Meanwhile, Baosteel has reduced its tinplate prices by RMB180/ton and RMB160/ton for April and May. Industry sources ...
The Chinese steelmaker Shagang announced to cut ex-works rebars prices by RMB250/ton for the period during June 1st through June 10th. After the adjustment, the prices for HRB355 and HRB400 rebar with diameter 16mm-25mmn are at RMB3, ...
Yieh Hsing, one of the major steel long product producers in Taiwan released its list prices for June. The company decided to cut its list prices for wire rods by NT$1,400/ton for June, following the price cut made by China Steel Corp. ...
Tags: Taiwan, Construction&Decoration, Wire Rod
According to report, Swiss authorities have rejected Russian investment group Renova in bid of special steel group Schmolz + Bickenback AG. Renova has submitted a €350 refinancing proposal last month. The Swiss Takeover Board ...
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to cut its list prices for electric furnace (EF) Al-killed wire rods by NT$1,400/ton to NT$20,800/ton for June, hitting the history low. Meanwhile, the actual ...