Nippon Steel & Sumikin Shapes (NSSS), a subsidiary of Nippon Steel & Sumitomo Metal Corp (NSSMC), the largest steelmaker in Japan informed its distributors to raise the prices of H beam by 3,000yuan/ton for February contracts. A ...
Tags: NSSS, H Beam Prices, Nippon Steel
The sharemarket has closed at its highest point since September 2008, led by the major banks. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 29.5 points, or 0.59 per cent, to 5063.4 points, while the broader All Ordinaries ...
Tags: Stocks, sharemarket, Ordinaries index
Australian steelmaker BlueScope Steel has posted a net loss of AU$12 million in the first six months ended December 31 of the financial year 2012-13, down from a net loss of AU$530 million in the first half of the previous financial year ...
Tags: steelmaker, crude steel, steel
Moldavian Metallurgical Works (MMZ), a steelmaker based in the Transnistrian region of Moldova, has announced that its production operations remain suspended and are unlikely to resume in February as negotiations still continue between ...
Tags: Steel Works, steelmaker, steel
Liaoning Province-based Chinese steelmaker Angang Steel Group (Ansteel) has announced that in January this year it produced 1.29 million mt of crude steel, up 16.5 percent year on year. Meanwhile, Ansteel’s outputs of pig iron and ...
Tags: Ansteel, crude steel, steelmaker
Hubei Province-based Chinese steelmaker Wuhan Iron and Steel (Group) Corp.has announced that it plans to issue short-term bonds worth RMB 6.3 billion ($1 billion), in a first phase of short-term bond issuance for the current year. The ...
Tags: steelmaker, short term bonds, iron ore
According to a company statement, in January this year the long steel division of Russian steelmaker Novolipetsk Steel (NLMK) shipped around 110,000 mt of rebar, including 200 mt for export and the rest to the domestic market. In February ...
Tags: long steel, rebar shipments, steel, steelmaker
Turkey-based steelmaker Erdemir has announced that it has merged its steel service center subsidiary ERSEM and its logistics subsidiary ERLO. The transaction was completed on February 13. Erdemir stated that the merger will not affect its ...
The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the third quarter ending December 31 of the financial year 2012-13, posting a net profit of JPY 24.7 ...
Tags: NSSMC, steelmaker, Japan
Finland-based steelmaker Ruukki has issued its financial results for the fourth quarter and the full year 2012. In the fourth quarter, Ruukki posted an operating loss of €39 million, remaining almost unchanged compared to the ...
Tags: Ruukki, steelmaker, Mineral
The finished and semi-finished products of Taranto-based Italian steelmaker Ilva which had been impounded by court order in late November last year are finally to be released for sale after investigating judge Patrizia Todisco gave her ...
Tags: Ilva, Steel Products, Mineral
Bursa-based Turkish steelmaker Cemtas Celik Makina Sanayi ve Ticaret A.S (Cemtas) has announced its financial results for 2012, reporting a net profit of TRY 8.5 million ($4.8 million), down 64.2 percent year on year. In 2012, total sales ...
Sault Ste. Marie, Ontario-based flat rolled steelmaker Essar Steel Algoma Inc. reported Wednesday a net loss of $25.1 million for the three month period ending December 31, 2012 (fiscal Q3). The results for Q3 reflect the impact of lower ...
Tags: Essar Steel, Mineral, Metallurgy
During the panel discussion at the SteelOrbis Market Talks Meeting held in Gaziantep in southeastern Turkey on February 13, Turkish steelmaker Toscelik's foreign trade and corporate sales director Bulent Saygili said that Toscelik's flat ...
Tags: Flat Steel, Price Trend, Long Product Trend
On February 13, major Indian steelmaker JSW Steel (JSW) announced its financial results for the third quarter and the first nine months ended December 31 of the financial year 2012-13 and its operational results for January 2013. In the ...
Tags: India, JSW Steel Posts, Mineral