According to report, Brazil’s steel mill announced the domestic steel price will be stable after the twice price increases since the beginning of 2013. HRC prices are around BRL1, 750~1,830/ton, as CRC is offered around RBL ...
Tags: Mineral, Steel Flat Prices, Metallurgy
Sundeep Rao, director of Oman-based Sohar Steel, which produces rebars, coated rebars and weld mesh, has answered SteelOrbis' questions regarding the market outlook and Sohar Steel's operations. What is the situation regarding Sohar ...
Tags: Metallurgy, Mineral, Energy, steel
Russian steelmaker NLMK Group has announced that it expects a 20-25 percent decline in its capital expenditure for 2013. The company's capital expenditure in 2012 decreased by 29 percent year on year to $1.45 billion. NLMK has continued its ...
Tags: NLMK, Capital Expenditure, Mineral
Italy's flat steel output amounted to 918,000 mt in January this year, down 28.8 percent year on year, according to the latest figures provided by Italian steel producers association Federacciai. January was the sixth consecutive month in ...
Tags: Flat Steel Output, Flat Steel, Steel Output
Turkish specialty steel producer Asil Celik A.S. (Asil Celik) has announced its financial results for 2012. In 2012, Asil Celik saw a net profit of TRY 22.5 million ($12.4 million), down 66.9 percent compared to the previous year. Sales ...
Turkish integrated long steel producer Kardemir has announced that it has decided to procure the equipment for its new wire rod and premium quality steel round bar mill from Germany-based plantmaker SMS Meer. This new mill will be ...
Gerdau announced Monday the company's majority ownership of its first plant in Asia at Tadipatri, Ananthpur District, Andhra Pradesh, India and change of the operation name from Kalyani Gerdau to Gerdau. In 2007, Gerdau entered into a ...
Tags: Gerdau, Metallurgy, Mineral
US-based provider of aluminum extruded products, Aleris has opened a new cold rolling mill at its Duffel facility in Belgium to produce the automotive body sheet. With completion of the facility, the company expects to address the ...
The local authorities in Rio de Janeiro have ordered Companhia Siderurgica Nacional (CSN) to stop the construction of the new steel mill in the state, because the company didn’t pay the compensation fee on time for the environmental ...
Tags: Brazil, CSN, New Long Steel Plant
Severstal, a leading vertically integrated steel and steel-related mining company with operation sites in Russia has planned to upgrades existing cold rolling mill at its one of its modern and cost-efficient steel manufacturing plants in ...
Tags: cold rolling mill, steel, steel mill
Russian steelmaker Severstal has announced that in 2013 its Cherepovets Steel Mill, a part of its Russia-based steel division, is going to renovate its cold rolling mill which began production 50 years ago. The company intends to construct ...
Tags: cold rolling mill, steelmaker, Severstal, Steel Mill
Recently, Baosteel Engineering & Technology Group won the bidding of 2250 mm Steckel mill production line project engineering contract . According to reports, the 2250 mm width Steckel mill, is the widest in china , and the second widest in ...
Tags: Baosteel Engineering, Steckel mill project engineering, bidding
Brescia, Italy-based special steel producer Leali Group has been purchased by Geneva, Switzerland-based Klesch Group. The two companies inked a binding agreement on February 21, according to which the transaction will be completed by the ...
Tags: special steel, steel, special steel producer
Russian steelmaker Mechel reached an agreement with Invest Nikarom SRL to sell the five steelmaking plants in Romania for the price of US$70. The five are Otelu Rosu, Campia Turzii, Ductil Steel Buzau, Targoviste and Laminorul Braila. ...
Tags: Mechel, coal deposit, rolling mill
Russian mining and steel group Mechel has announced that it has signed a series of agreements for the disposal of its Romanian steel assets - Ductil Steel Mechel, Campia Turzii S.A., Mechel Targoviste S.A., Mechel East Europe Metallurgical ...
Tags: Mechel, Steel, Romanian Assets