The government of Pakistan has announced some new tax measures in its federal budget 2014-15, introducing 10 percent customs duty on flat rolled silicon and alloy steel imports to bring them to a par with flat rolled products of non- alloy ...
Tags: Import Duty, Alloy Flat Steel
In the January-May period of the current year, the crude steel production of ArcelorMittal Kryvyi Rih, Ukrainian subsidiary of global steel giant ArcelorMittal, totaled 2.480 million mt, down 4.1 percent year on year, as announced by the ...
Tags: Crude Steel, Output, finished steel products
In May this year, Moldavian Metallurgical Works (MMZ), a steelmaker based in the Transnistrian region of Moldova, produced 45,489 mt of crude steel and 39,519 mt of rolled steel products, including 19,275 mt of reinforcing bars and 20,244 ...
Tags: Moldavian Steel, Rolled Steel
India's state-owned steelmaker Steel Authority of India Limited (SAIL) has announced that it sold 1.06 million mt of finished steel products in May this year, registering year-on-year growth of 11 percent. In the given month, the company's ...
Tags: Steel Demand, Steel
Gross steel production at Spanish plants was likely 1.2 million mt in April, a decrease of 9.3% year on year weighed down by the Easter holiday effect, Union de Empresas Siderurgicas, or UNESID, said in a note late Tuesday. The figure is ...
Tags: Steel Production, metal structures
In April this year, China exported 339,407 mt of stainless flat steel products, up 38.67 percent over 244,780 mt in March, and up 72.39 percent compared to the same period last year, according to the latest data from the Chinese customs ...
Tags: Stainless Steel, Flat Steel
As Deacero focuses on developing energy projects due to the company’s high consumption of electricity, Director Raúl Gutiérrez announced this week that the Company plans to install two plants capable of generating up to ...
Tags: Power Plants, Energy Costs
According to the Brazil Steel Institute (IABr), Brazilian crude steel production in the first four months of the current year amounted to 11.13 million metric tons, 0.1 percent higher year on year. In the same period, Brazilian rolled steel ...
Tags: Steel Exports, crude steel
Ukrainian miner and steel producer Metinvest Group has announced that the situation in the city of Mariupol has been fully stabilized, with public order having been restored and government buildings liberated. The city is located in ...
Tags: miner, steel producer, Metinvest Group
In its financial results according to US GAAP (Generally Accepted Accounting Principles) for the first quarter of 2014, Russian steelmaker NLMK Group's net profit increased by 359 percent compared to the first quarter of the previous year ...
Tags: steel sales, NLMK
According to the data released by metal trading enterprise Ukrainian Mining and Metallurgical Company (UGMK), in the January-March period this year Ukraine exported 5.590 million mt of steel products, down five percent year on year, worth a ...
Tags: Steel Product, metal trading
Domestic iron ore concentrate prices in north China's Hebei province have declined further by an average 5.7% or Yuan 55/dmt ($11) over the week, in response to both lower domestic steel prices as well as weakening imported iron ore prices, ...
Tags: Iron Ore, Concentrate Prices
Egypt's largest steelmaker Ezz Steel has announced its financial results for 2013, reporting a net profit of EGP 134 million ($18.8 million), significantly increasing compared to EGP 8 million in the previous year. The company's sales ...
Tags: Ezz Steel, steelmaker
In April this year, Ukrainian metallurgical company Dneprospetsstal (DSS) saw a 9.1 percent month-on-month decrease in its crude steel production to 22,300 mt. The company's output of finished steel in the same month increased by 2.6 ...
Tags: Crude Steel, metallurgical company
On May 16, the China Iron and Steel Association (CISA) announced that in early May (May 1-10) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China - all CISA members - totaled 1.824 ...
Tags: Crude Steel, Iron