Aceros Carazo, a Costa Rica-based company dedicated to the import and marketing of steel industry equipment, announced this week that it has acquired Reimers Industrial, a 107-year-old distrubutor. With the acquisition of Reimers, Aceros ...
Tags: Aceros Carazo, Distributor, Energy
Subaru Automobiles has launched WRX series named WRX STI in the Japanese market, months after it launched the car in other markets. The car is based on the concept of "Pure Power in Your Control" which is aimed at maximizing the potential ...
Tags: Subaru, WRX STI, Auto Parts
Italian paper machinery manufacturer Toscotec will supply a tissue production line to Taiwan-based paper manufacturing company Yuen Foong Yu (YFY). The machine will be installed at the company's mill located in Qingshui District in ...
Tags: Toscotec, Yuen Foong Yu, Packaging
Brazil’s Votorantim posted BRL 6.8 billion ($2.9 billion) in net revenue in the second quarter of 2014, the company said on Monday. Votorantim reverted a BRL 307 million ($134.66 million) loss registered a year ago to BRL 514 ...
Tags: Votorantim, Revenue, Metallurgy
NLMK Kaluga, a subsidiary of Russian steelmaker NLMK Group and producer of long steel products for construction, has stated that it has produced its one millionth metric ton of steel. NLMK Kaluga is a next-generation EAF mill, part of ...
Tags: NLMK Kaluga, Steel, Metallurgy
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 ...
Australian steelmaker BlueScope Steel has posted a net loss of AU$82.4 million for the financial year 2013-14 ended on June 30, narrowing down from a net loss of AU$107.1 million in the previous financial year, due to increased spreads and ...
Tags: BlueScope Steel, Loss, Metallurgy
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji registered a quarter-on-quarter growth of 26.7 percent in its sales revenues in the second quarter of the current year, ...
Tags: MMK, Growth, Metallurgy
The Turkish Steel Exporters' Association chairman Namk Ekinci has said that the US antidumping and countervailing duty decision on Turkish OCTG imports is without basis. The US International Trade Commission (ITC) decision confirmed the ...
Tags: Turkish Producers, OCTG Imports, Metallurgy
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
While Dominic and Frances Bromley’s studio Scabetti is renowned for their sculptural art and light installations, newly formed offshoot Bromley&Bromley’s remit focuses on the off-the-shelf lighting and interior accessories the ...
Tags: light installations, Furniture
ThyssenKrupp plans to invest up to BRL 450 million (US$197.4 million) in Brazil between 2013 and 2016, according to media reports. Several projects, which are included in the total investments the company expects to make in the country, ...
Tags: Metallurgy, Mineral, Energy
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
In June this year, Japan's hot rolled plate and sheet shipments decreased by 10.22 percent compared to May and were down 7.11 percent on year-on-year basis, amounting to 796,581 metric tons. 79 percent of shipments were made to the domestic ...
Tags: HR Steel, Steel Strip