Jiangsu Province-based Chinese steelmaker Shagang Group has announced that it plans to issue short-term bonds worth RMB 3 billion ($477 million). The period of issuance of the short-term bonds is one year, with China CITIC Bank as the main ...
Tags: Shagang, steelmaker, steel
South Korea-based steelmaker POSCO has announced that it has won an order for the supply of 88,000 mt of 11 types of thick steel plate for a floating production storage and offloading (FPSO) vessel, which is one of the world`s largest oil ...
Hebei Province-based Chinese steelmaker Jinxi Iron and Steel Co., a subsidiary of China Oriental Group Co. Ltd, has announced that in 2012 it exported 302,600 mt of H-beam, bringing in $195 million in sales revenue. The total export ...
Hebei Province-based Chinese steelmaker Handan Iron and Steel Group Co., a subsidiary of major Chinese steel producer Hebei Iron and Steel Group, has won a contract to supply 1 million mt of HRB 400 rebar for Wudonghe Hydroelectric Power ...
Tags: Handan Steel, steelmaker, Steel
Reportedly, Hungary’s largest steelmaker Dunaferr announced that the company was not able to agree on this year’s pay raises situation. Meanwhile, the company’s employees have requested of minimum 5% salary increase for ...
Tags: Dunaferr, steelmaker, steel
It is reported that Posco announced to build a new auto sheet processing center in Indonesia in order to meet the strong demand from automobile industry in worldwide. The new company formation is under name as No. 2 Posco-Indonesia Jakarta ...
On February 20, Qinghai Province-based Chinese steelmaker Xining Special Steel Co. started the technology upgrade project at its small steel bar production line, as announced by Beijing-based state-owned China Metallurgical Group ...
Tags: Special Steel, Steel, Steel industry
Hebei Province-based Chinese steelmaker Hebei Iron and Steel Group has announced that its subsidiary Tangshan Iron and Steel Co. has signed a supply agreement with Zanussi Electric Machinery Tianjin Compressor Co., Ltd. Accordingly, ...
Tags: Tangshan Steel, Steel, Steel industry
India-based steelmaker Tata Steel has announced that it has become one of the core suppliers to the French car manufacturer PSA Peugeot Citroen. Tata Steel stated that it has joined the group of companies supplying material to the French ...
Tags: Tata Steel, Steel, Steel Industry
In January this year, Italian crude steel output decreased by 19.7 percent year on year to 1.801 million metric tons, according to the figures released by the Italian steel producers association Federacciai. January is the 10th month in a ...
Net income in Q4 2012 shrank for global pipe and tube producer Tenaris but full year earnings improved. Q4 net income of $350.3 million was down 20 percent from $437.5 million in Q3 2012 and down 18 percent from $426.3 percent in Q4 2011. ...
On February 21, Shandong Province-based Chinese steelmaker Jinan Iron and Steel Co. (Jigang) announced that in 2012 its plate plant produced over 1.123 million mt of finished steel, including 1.087 million mt of steel plates. Consumption of ...
Tags: plate plant, Iron, Steel
According to report, Argentina’ steelmaker Ternium Siderar that the company plans to restart the No. 2 blast furnace at its Siderar operation in Argentina in the first quarter of 2013. In fact, the company has participated all ...
Tags: Ternium, steelmaker, steel production
It is reported that Ternium, an Integrated steelmaker based on the Italian-Argentinean Techint group, announced that the company plans to start of its new galvanizing line in Mexico early in the second half of 2013. The new plant will ...
Tags: galvanizing line, Ternium, galvanizing unit
Russian steelmaker Novolipetsk Steel (NLMK) has stated that in February this year it plans to ship around 390,000 mt of flat steel products, down 15 percent compared to January, including 185,000 mt of hot rolled flat steel. In January of ...