Germany-based steelmaker ThyssenKrupp has announced its financial results for the first half ended March 31 of the financial year 2012-13, registering a net loss of €822 million, mainly due to the impairment charge of €683 million ...
Tags: Thyssenkrupp, steelmaker, steel
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced that its operating revenues totaled NT$29.62 million in April, falling by 5.16% from a month ago. In April, CSC’s earnings before taxes totaled NT$2.86 ...
Tags: CSC, steelmaker, steel
Hubei-based Chinese steelmaker Wuhan Iron and Steel Co. (WISCO), Shanghai-based Modern Logistics Development and Investment Co. (a wholly-owned subsidiary of Bailian Logistics) and Hubei-based Wuhan Pujiang Logistics have established ...
Tags: Logistics, Transportation, Shanghai
The Court of Taranto has finally released the steel stocks of Italian steelmaker Ilva which had been seized by court order since November 26 last year. Taranto-based Ilva is now free to sell the steel products in question which consist of ...
Tags: Ilva, Impounded Steel Stocks
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced to cut its prices for hot rolled and cold rolled leeway by NT$500/ton and NT$400/ton for May. It’s known that CSC postponed launching leeway into the ...
Tags: Leeway Prices, CSC, Construction
Germany-based steelmaker Salzgitter Group has issued its financial results data for the first quarter of the current year, stating that the performance of the company was overshadowed by persistently unfavorable general economic conditions ...
Tags: Salzgitter, Loss, Steel
Russian coking coal miner Raspadskaya has stated that it has suspended all operations at its main mine after detecting unsafe levels of carbon monoxide at the site. The toxic gas was first detected on May 6 in a "confined" area of the ...
Tags: Russia, Raspadskaya, Main Coal Mine
Taiwan's largest steelmaker China Steel Corporation (CSC) has announced that in April this year its carbon steel sales volume amounted to 813,246 metric tons, up 1.87 percent compared to March, accounting for 64 percent of domestic sales. ...
Tags: Carbon Steel, Mineral
German plantmaker SMS Siemag has announced that Chinese steelmaker Hebei Puyang Iron and Steel Co., Ltd (Puyang Steel) has ordered a medium slab caster from China-based SMS Siemag Technology (Beijing) Co., Ltd, to be installed at the steel ...
Tags: Puyang Steel, Slab Caster
On May 14, Liaoning Province-based Chinese steelmaker Angang Steel Group Co. (Ansteel) announced that it will issue its first medium-term notes for the current year on May 21, valued at a total of RMB 4 billion ($651.5 million). The notes ...
Tags: Ansteel, Medium-Term Notes
Indian steel giant Tata Steel has announced that it expects to register an impairment charge of $1.6 billion for the financial year ended March 31, 2013, as a result of its review for the period in question. The company attributed the ...
Tags: Tata Steel, Mineral
The world’s top steelmaker ArcelorMittal said today that its first-quarter EBITDA was US$1.565 billion, which is 26% lower than the same period of 2012, but it sees positive core profit trends for the coming months. The company ...
Tags: ArcelorMittal, steelmaker, steel
Reportedly, Nippon Steel & Sumitomo Metal Corp. (NSSMC), the second largest steelmaker in Japan released its financial result for the fiscal year 2012/13 ended on March 31st. NSSMC posted a net loss of 124.6 billion for the fiscal year ...
According to the company executive said in Arminera mining congress, Finish steelmaker Rautaruukki plans to increase its market presence in South America, especially for its special steels, including high strength and wear-resistant sheet ...
Tags: Steelmaker, Steel
India’s federal government is to make decision of giving Posco preferential access to an iron ore mine for the US$12-billion steel project in the country. It the decision was made positively, the troubled project would have a boost. ...
Tags: Mining License, Mining