Metinvest BV the parent company of the international vertically integrated steel and mining group of companies published a trading update for the nine months of 2012 ended 30 September, 2012. 9 moths 2012 FINANCIAL HIGHLIGHTS 1. ...
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According to the Mineral Industry Survey released by the US Geological Survey, US iron ore production in September this year was 4.34 million tonne, nearly equal to the August level and down 1.4% YoY. In the first nine months of the year, ...
Tags: iron ore, iron, ore, iron ore production, pig iron
Indian JSW Steel said that its crude steel output dropped by 21% from a month ago to 603,000 tons in November due to iron ore shortage and the ongoing shutdown at on Corex iron making furnace at its Vijayanagar works. It’s known ...
Tags: JSW Steel, crude steel, crude steel output, iron ore
VietNamNet Bridge reported that Formosa Plastics has just started the construction of the first blast furnace of the steel mill in Vung Ang economic zone. However, industry experts said that they feel worry instead of joy about the project ...
Tags: Steel project, steel mill, blast furnace, hot rolled steel
According to a statement released by the Turkish Iron and Steel Producers'Association,in November 2012 Turkey's crude steel production via blast furnaces fell by 1.3%compared to October and was up by 16%YoY,amounting to 835,000 tonne,while ...
Tags: crude steel, Turkey, growing
The SMS group finalized its takeover of the majority share in Paul Wurth on December 17, 2012 Earlier, on July 25, 2012, SMS Holding GmbH had announced its purchase of 59.1 percent of the shares in Paul Wurth SA of Luxembourg. Previously, ...
Tags: SMS group, Acquisition, machinery construction, steel, nonferrous metals
It's reported that Taiwanese Formosa Plastics has just begun the construction of the first blast furnace of the steel mill in Vung Ang economic zone. However, industry experts feared that the project may bring unpredictable ...
Tags: Industry activities, Steel Project, steel mill, Formosa Plastics
The China Post reported that construction began on a blast furnace that will be part of a steel mill complex built with investment by Formosa Ha Tinh Steel Corporation, a Formosa Plastics Group steel venture in Vietnam. Mr William Wong ...
Tags: steel mill complex, Plastics Group steel venture in Vietnam
A French minister cast doubt Sunday on whether the world's top steelmaker ArcelorMittal would keep its end of the bargain after a compromise deal on a key plant that Paris had threatened to nationalize. French Ecology Minister Ms Delphine ...
Tags: stainless steel, buy steel pipe, steel market prices, steel industry
The SMS group has noticed a reluctance among its customers to place orders. It is estimated that order intake in the year coming to a close will total EUR 3.2 billion, putting it below 2011's EUR 3.42 billion. Sales in 2012 are anticipated ...
Tags: international sms, sms india, iron ore price news, steel construction
AFP reported that ArcelorMittal welcomed Saturday a deal over the future of one of its plants that the French government had threatened to nationalize. ArcelorMittal executive Mr Henri Blaffart said “It is positive that we ...
Tags: ArcelorMittal, steel production, investment
Reuters reported that ArcelorMittal vowed on Friday to kick start a EUR 180 million, five year investment program at its Florange site in eastern France in the first quarter of 2013, seeking to allay union concerns over job cuts. ...
Tags: ArcelorMittal, steelmaking, blast furnaces
Taipei, Dec.5, 2012 (CENS)--Being optimistic about steel markets in Southeast Asia and to tap preferential tariffs in Association of Southeast Asian Nations (ASEAN), Formosa Plastics Group's (FPG) is investing to build a steel mill in Ha ...
Tags: steel, ASEAN, FPG, steel mill, preferential tariffs
Business Line reported that Rashtriya Ispat Nigam Ltd is expediting one of its long pending projects a cement grinding unit to make use of the slag generated by blast furnaces and flyash. The company has allocated 100 acres for the ...
Reuters reported that Mr Arnaud Montebourg Industry Minister of France has told that there is an industrialist willing to invest EUR 400 million to renovate ArcelorMittal's Florange steelworks in northeast France. Raising pressure on ...
Tags: Arnaud Montebourg, Florange, Florange steelworks, ArcelorMittal