In the first quarter of the current year, the crude steel production of Russian steelmaker MMK Group totaled 3.075 million mt, up 3.6 percent compared to the previous quarter, as announced by the steel producer. MMK Group's finished steel ...
Tags: MMK Group, Crude Steel Output
Yieh United Steel Corp. (Yusco), the largest stainless steelmaker in Taiwan announced to cut its list prices for 300 grades stainless steel products by NT$3,000/ton for May. Meanwhile, Yusco kept its list prices for 400 grades stainless ...
Tags: Taiwanese Yusco, Stainless Steel
According to report, Brazilian steelmaker Usiminas may consider to raise its operation close to full capacity if seeing the demand to rise. Currently the capacity is operated at 80~85 percent. The nominal crude steel capacity is 9.5 ...
It is reported that Finnish steelmaker Rautaruukki announced to focus on its special steel business instead of a commodity steel business in order to increase the profitability of the entire group this year. It’s learned that the ...
Korean second largest steelmaker Hyundai Steel said that its production of finished steel flats and longs totaled 3.37 million tons in the first quarter of this year, falling by 15% from a quarter ago. In the first quarter of this year, the ...
Tags: Hyundai Steel
The Chinese steelmaker Baosteel released its financial result for the first quarter of this year. In the first quarter of this year, Baosteel realized sales operating revenue of RMB46.436 billion, decreasing by 2.1% year on year and the ...
Taranto-based Italian steel producer Ilva has been granted the green light by local magistrates to ship 63,700 meters of steel pipes for an order worth $45 million totaling 136,200 meters placed by Iraq Oil Project Company. On April 24, ...
Tags: Ilva, Green Light, Steel Pipes
Indian steelmaker JSW Steel has denied media reports about Japan's JFE Steel increasing its shareholding in JSW. The Indian steelmaker stated that JFE Steel still has a 16.17 percent shareholding in the company. An Indian-based newspaper ...
Tags: Steel Denies Reports, Mineral
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2012-13 ended March 31. For the given period, Kobe Steel reported a net loss of JPY 27 billion ($275.7 million), compared to a net loss of JPY ...
Tags: Kobe Steel, Net Loss
According to the latest data released by Statistics South Africa, in March this year the country's producer price index (PPI) for the basic iron and steel industry rose 1.6 percent compared to February and was up 5.6 percent compared to ...
Tags: Steelmaker, Mineral
It's reported that the Chinese steelmaker Liuzhou Steel released its financial result for the first quarter of this year. In the first quarter of this year, the company's operating revenues totaled RMB9.38 billion, down 1% year on year and ...
Tags: Metallurgy, Mineral, Energy, steel
The Swedish steelmaker SSAB posted an operating loss of SEK136 million for the first quarter of this year, in comparison of an operating loss of SEK665 million in a quarter ago. Meanwhile, the company's consolidated shipments in the first ...
Tags: Metallurgy, Mineral, Energy
China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced that its operating revenues totaled NT$31.24 billion in March, soaring by 26% from a month ago. In March, CSC’s earnings before tax were at NT$2.75 billion, ...
Tags: steel, Metallurgy, Mineral, Energy, taiwan
It is reported that Korean steelmaker giant Posco planned to start trial production next month at its stainless steel cold rolling (CR) mill in Kocaeli, Turkey. Meanwhile, Posco Assan TST is owned 60% by Posco, 10% by Posco’s trading ...
It is learned that Italian steelmaker Beltrame's plant in Argentina is able to produce thick coil, which become the 2nd plant that able to produce thick coil in Latin America. The plant which costs US$250 million, 50% of it comes from ...
Tags: Coil Products, Metallurgy, Mineral, Energy